Press release
Understanding the Enterprise Data Management Market Key Drivers and Trends
Enterprise Data Management (EDM) involves the ability of an organisation to precisely define, easily integrate, and effectively retrieve data for both internal applications and external communication. EDM is crucial for businesses looking to manage their data assets to enhance operational efficiency, enable data-driven decision-making, and maintain competitive advantage in rapidly changing markets.
Get a Free Sample Report with a Table of Contents: https://www.expertmarketresearch.com/reports/enterprise-data-management-market/requestsample
As per the enterprise data management market analysis, various sectors are now subject to stringent data regulations which mandate the accurate reporting and safeguarding of operational data. This regulatory environment is compelling companies to adopt robust EDM systems. As businesses increasingly operate in digital spaces, the volume and variety of data continue to expand exponentially. This surge in data has necessitated the development of more sophisticated data management tools and strategies.
As per the enterprise data management market outlook, the rise of cloud computing, big data analytics, and artificial intelligence has created new opportunities for more effective data management solutions, providing businesses with the tools to handle large datasets with greater agility. Organisations are focusing on enhancing the quality of their data as well as the efficiency of their data processes to improve decision-making and operational efficiencies.
Artificial intelligence (AI) and machine learning (ML) are increasingly being integrated into EDM systems to enhance data analysis, improve data quality, and automate complex processes, which can fuel the enterprise data management market growth. These technologies help in predictive analytics, anomaly detection, and in automating the data cleansing process, significantly increasing the efficiency of data management practices.
With the increasing shift towards cloud services, Data as a Service is emerging as a compelling model. DaaS allows companies to access high-quality, curated data on demand, reducing the overhead associated with data management and allowing businesses to focus more on insights and less on operations.
As data breaches and privacy concerns continue to make headlines in the enterprise data management market, data governance is becoming more critical than ever. Organisations are increasingly prioritising the establishment of clear policies and frameworks that ensure data is used ethically and in compliance with regulations such as GDPR and CCPA.
Edge computing is becoming more relevant in data management by processing data at the edge of the network, closer to the source of data. This trend is particularly important in industries where real-time data processing and low latency are critical, such as manufacturing and telecommunications. Blockchain technology is being explored for its potential to enhance data security in EDM systems, which can propel the enterprise data management market expansion. By creating decentralised and immutable records, blockchain can provide a higher level of security and transparency in data transactions.
With increasing awareness of environmental issues, companies are looking at ways to make their data centres more sustainable. This includes adopting green data management practices and technologies that reduce energy consumption and carbon footprint.
Organisations are leveraging hybrid and multi-cloud environments to optimise their data management strategies, which can also boost the enterprise data management market share. This approach allows businesses to distribute their data and applications across multiple cloud environments, improving flexibility and data recovery measures.
Metadata management is gaining traction as businesses recognise the value of metadata in understanding and controlling their data assets. Advanced metadata management tools are being developed to provide richer, contextual insights into data usage and lineage, helping organisations in better data discovery and classification.
Market Segmentation
The market can be divided based on component, deployment mode, organisation size, industry, and region.
Market Breakup by Component
Software
Services
Professional Services
Managed Services
Market Breakup by Deployment Mode
On-Premise
Cloud
Market Breakup by Organisation Size
On-Premise
Cloud
Market Breakup by Industry
Healthcare and Life Sciences
Banking, Financial Services, and Insurance
Telecom and Information Technology
Retail and Consumer Goods
Media and Entertainment
Manufacturing
Energy and Utilities
Transportation and Logistics
Government and Defence
Others
Market Breakup by Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/enterprise-data-management-market
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global enterprise data management market. Some of the major players explored in the report by Expert Market Research are as follows:
SAP SE
Oracle Corporation
Teradata Corporation
NortonLifeLock Inc.
Cloudera, Inc.
Others
Read More Our Reports:
Thermal Insulation Coating Market - https://www.expertmarketresearch.com/reports/thermal-insulation-coating-market
Metal Finishing Market - https://www.expertmarketresearch.com/reports/metal-finishing-market
Cerium Oxide Nanoparticles Market - https://www.expertmarketresearch.com/reports/cerium-oxide-nanoparticles-market
Sports Protective Equipment Market - https://www.expertmarketresearch.com/reports/sports-protective-equipment-market
Boat Rental Market - https://www.expertmarketresearch.com/reports/boat-rental-market
Media Contact:
Company Name: Claight Corporation
Contact Person: Anna Poliatova, Corporate Sales Specialist - U.S.A.
Email: sales@expertmarketresearch.com
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analysis provides the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and strengthen your strategic planning. Secure your organisation's future success by acquiring one of our Expert Market Research reports today.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Understanding the Enterprise Data Management Market Key Drivers and Trends here
News-ID: 3621955 • Views: …
More Releases from Expert Market Research
Onychomycosis Market Size, Share, Report and Forecast 2024-2032
Onychomycosis Market Outlook
The onychomycosis market size was valued at USD 4 billion in 2023 in the 7 major markets, driven by the rising prevalence of onychomycosis especially in the geriatric population across the major markets. The market size is anticipated to grow at a CAGR of 5.2% during the forecast period of 2024-2032 to achieve a value of USD 6.3 billion by 2032.
Get a Free Sample Report with Table of…
Male Hypogonadism Market Size, Share, Report and Forecast 2024-2032
Male Hypogonadism Market Outlook
The male hypogonadism market size is expected to grow at a CAGR of 3.6% during the forecast period of 2024-2032, driven by the rising prevalence of male hypogonadism, growing elderly population size, and heightened awareness among patients across the 8 major markets.
Male Hypogonadism: Introduction
Male hypogonadism is a medical condition characterised by the body's inability to produce sufficient amounts of testosterone, the hormone essential for male sexual development…
Saudi Arabia Fuel Station Market Size, Share, Trends, Growth, Analysis, Outlook, …
According to the report by Expert Market Research (EMR), the Saudi Arabia fuel station market size is expected to grow at a CAGR of 7.50% between 2023 and 2028. Aided by the consistent demand for fuel and the growth in vehicle sales, the market is expected to grow significantly by 2028.
Fuel stations, also known as petrol stations or gas stations, serve as a primary source of petrol, diesel, and other…
Global Exterior Sheathing Market Size, Share, Growth, Price, Analysis, Outlook R …
According to the report by Expert Market Research (EMR), the global exterior sheathing market size grew significantly in 2023. Aided by the increased construction activities and rising population, the market is projected to grow at a CAGR of 5.00% between 2024 and 2032.
Exterior sheathing, pivotal for structural integrity, is a board or panel affixed directly to studs, joists, or rafters of a building structure. Beyond its principal role of imparting…
More Releases for Data
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “
The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.
Data quality and data governance…
