Enterprise Metadata Management Market Trends, Opportunities, and Forecast by 2031

The enterprise metadata management market is expected to register a CAGR of 21.9% during 2023–2031. Growing usage of IoT and blockchain technologies is likely to remain a key trend in the market.

Enterprise Metadata Management Market Analysis

• Enterprise metadata management focuses on making better use of vast amounts of data and accelerating business transformation.
• The rising adoption of technologies such as IoT and blockchain is driving market growth.
• Increasing digitalization generates a large amount of data which requires metadata solutions for managing these data.
• The adoption of business intelligence and analytics solutions among organizations is fueling the market.
• Moreover, increasing data governance & compliance and integration of AI technologies enterprise metadata management solutions are creating opportunities in the market during the forecast period.

Enterprise Metadata Management Market Overview

• Enterprise metadata management (EMM) manages the information of an organization in the form of metadata.
• EMM provides full-value insight into data and assesses the benefits and risks associated with data.
• EMM offers significant benefits to the users, such as a high amount of data quality, faster access to insights gathered from data, improved consistency, and reduced cost of storage.
• The growing need for data visibility and increasing adoption of cutting-edge technologies among businesses is driving the market.

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Enterprise Metadata Management Market: Strategic Insights

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Enterprise Metadata Management Market Drivers and Opportunities

Data Quality Management to Favor the Market

• As technological data infrastructure becomes more commoditized, the complexity has increased in the modern data production system, which introduced the DevOps revolution in the enterprise data management market.
• Data observability is a critical component in ensuring total and continuous data quality management.
• The demand for effective data management solutions among businesses is fueling the market during the forecast period.  

Adoption of Artificial Intelligence and Machine Learning Technology

• Technological advancements and the rising adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML) are creating significant growth opportunities for the market during the anticipated period. These advanced technologies empower businesses to unlock value from large volumes of data within the enterprises.
• AI-based EMM solutions support used in improving reliability, scalability, resiliency, and cost-effectiveness without sacrificing data security and quality.
• AI-based EMM solutions support businesses in cost reduction strategies, provide sufficient time to gain insights, and enhance confidence and trust in data provided by applications.

Enterprise Metadata Management Market Report Segmentation Analysis

Key segments that contributed to the derivation of the enterprise metadata management market analysis are type, application, and end-use industry.

• Based on components, the enterprise metadata management market is divided into tools and services. The tools segment is anticipated to expand at a significant pace during the forecast period.
• By metadata type, the market is segmented into business metadata, technical metadata, and operational metadata. The business metadata is anticipated to expand at a significant pace during the forecast period.
• In terms of deployment type, the enterprise metadata management market is divided into on-premises and cloud. The cloud segment held a larger market share in 2023.
• Based on application, the market is segmented into governance risk and compliance management, product and process management, incident management, and others. The product and process management is projected to grow during the forecast period.
• based on industry vertical, the enterprise metadata management market is segmented into BFSI, telecommunication and IT, retail and e-commerce, healthcare and life sciences, manufacturing, government and defense, energy and utilities, media and entertainment, and others. The BFSI segment held a larger market share in 2023.

Enterprise Metadata Management Market Share Analysis by Geography

The geographic scope of the enterprise metadata management market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

• The market in North America is projected to expand during the forecast period, due to growing demand for advanced data security solutions. This encourages market players to develop or upgrade their existing portfolio of enterprise metadata management to meet the customized demands of their customers.
• Moreover, increased demand and adoption of enterprise metadata management by large enterprises for managing high volumes of data is creating opportunities in the market during the forecast period.

Enterprise Metadata Management Market Regional Insights

The regional trends and factors influencing the Enterprise Metadata Management Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Enterprise Metadata Management Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Enterprise Metadata Management Market Report Scope

Enterprise Metadata Management Market Players Density: Understanding Its Impact on Business Dynamics

The Enterprise Metadata Management Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Enterprise Metadata Management Market are:

1. Adaptive, Inc
2. ASG Technologies Group, Inc
3. Data Advantage Group
4. CentricMinds
5. IBM Corporation
6. Informatica Inc.

Disclaimer: The companies listed above are not ranked in any particular order.

Enterprise Metadata Management Market News and Recent Developments

The enterprise metadata management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the enterprise metadata management market are listed below:

• Progress Software Corporation completed the acquisition of MarkLogic, a leader in complex data and semantic metadata management and a Vector Capital portfolio company. It is also another major milestone in Progress’ Total Growth Strategy. (Source: Progress Software Corporation, Company Website, February 2023)

Enterprise Metadata Management Market Report Coverage and Deliverables

The “Enterprise Metadata Management Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Enterprise metadata management market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Enterprise metadata management market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Enterprise metadata management market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the enterprise metadata management market
• Detailed company profiles