TMCnet News

Cognitive Data Management Market Worth $1,473.9 Million by 2023
[August 15, 2018]

Cognitive Data Management Market Worth $1,473.9 Million by 2023


PUNE, India, August 15, 2018 /PRNewswire/ --

According to a new research report "Cognitive Data Management Market by Component (Solutions (Data Integration & Migration, Data Governance & Quality) Services), Deployment Type, Enterprise Size, Business Function, Vertical, and Region - Global Forecast to 2023", published by MarketsandMarkets™, the market size is expected to grow from USD 569.9 million in 2018 to USD 1,473.9 million by 2023, at a Compound Annual Growth Rate (CAGR) of 20.9% during the forecast period.

     (Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg )

Browse 64 market data tables with 47 figures spread through 152 pages and an in-depth TOC on "Cognitive Data Management Market"

https://www.marketsandmarkets.com/Market-Reports/cognitive-data-management-market-174582873.html

Early buyers will receive 10% customization on this report 

The rising use of IoT-based devices, resulting in upshifting the amount of digital data, followed by growing adoption of the cognitive computing technology and advanced analytics are expected to drive the growth of the Cognitive Data Management Market.

Among solutions, the data governance and quality segment is expected to grow at the highest CAGR during the forecast period 

The data governance and quality segment is expected to grow at the highest CAGR during the forecast period. This growth rate is mainly due to the rising number of compliances with regard to the enterprise data.  Furthermore, the cohesiveness between different business entities improves the overall efficiency and effectiveness of organizations as a whole.

Ask For PDF Brochure: https://www.mrketsandmarkets.com/pdfdownload.asp?id=174582873



In verticals, the manufacturing vertical is expected to grow rapidly during the forecast period 

The manufacturing vertical is expected to grow at the highest CAGR during the forecast period, as industries are transforming greatly toward smart automation, resulting in the generation of a large amount of digital data. This factor is expected to have increased the adoption of data management tools among manufacturers. The variety and volume of data would considerably increase, due to the evolution of digital and smart technologies across the manufacturing vertical.


Under regions, North America is expected to have the largest market size during the forecast period. 

North America is expected to hold the largest market share in the Cognitive Data Management Market. There are various factors expected to contribute to the growth of the Cognitive Data Management Market across the region. These factors include the growing investments in cognitive technologies by various players and government support toward the adoption of Artificial Intelligence (AI), increasing advancements in infrastructure, rising digital transformation, and increasing IT budgets.

The key players in the Cognitive Data Management Market include Attivio (US), CognitiveScale (US), Cognizant (US), DATUM (US), Expert System (Italy), HPE (US), IBM (US), Immuta (US), Informatica (US), Infosys (India), Kingland Systems (US), Microsoft (US), Oracle (US), Pingar (New Zealand), Reltio (US),  Saksoft (India), Salesforce (US), SAP (Germany), SAS (US), SnapLogic (US), SparkCognition (US), StrongBox Data Solutions (Canada), Talend (US), Veritas (US), and Wipro (India).

Know more about Cognitive Data Management Market:
https://www.marketsandmarkets.com/Market-Reports/cognitive-data-management-market-174582873.html

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Research Insight: https://www.marketsandmarkets.com/ResearchInsight/cognitive-data-management-market.asp

Connect with us on LinkedIn: http://www.linkedin.com/company/marketsandmarkets


[ Back To TMCnet.com's Homepage ]