2020-2025 Enterprise Data Management Market: Vendor Landscape
The market is fragmented and the degree of fragmentation will accelerate during the forecast period. Competitors are focused on differentiating their product offerings with unique value propositions to strengthen their market presence. Market sellers should also take advantage of existing growth prospects in fast growing segments, while maintaining their positions in slow growing segments. Suppliers are partnering with colocation service providers to build data centers for SMBs. An increase in mergers and acquisitions will create opportunities for vendors to expand their reach, both geographically and in terms of products offered during the forecast period. Market players are increasing their spending on data center construction while eagerly awaiting to co-locate space for data center operations.

Some of the major vendors in the market include ABBYY Solutions Ltd., Adobe Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., Oracle Corp., SAS Institute Inc., and Teradata Corp. among others. These companies are heavily involved in new product launches and mergers and acquisitions. For example, in July 2021, Cognizant Technology Solutions Corp. acquired TQS Integration to help customers transition to Industry 4.0 and accelerate the production of life-changing drugs. Also in October 2021, Teradata Corp. has partnered with H2O.ai to accelerate business adoption of AI.

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2020-2025 Enterprise Data Management Market: Drivers and Challenges
The growing demand for data integration and visual analytics has been instrumental in the growth of the market. Businesses in various end-user industries are adopting data integration solutions. The use of AI in cognitive media solutions enables real-time synthesis of data for efficient decision-making by facilitating real-time analysis. In addition, vendors are also introducing AI-based products to increase AI analytics capabilities. With the exponential increase in the volume of data, the need to analyze, monitor, transform and interpret data has become a top priority for business operations. As a result, companies are also integrating business analysis software into their operations for dynamic data representation. Besides, other factors such as increasing demand for digitization and data explosion across all industries will further influence the growth of the market during the forecast period.

However, the high price of application software may hamper the growth of the market. Enterprise application software solutions are generally expensive due to the high costs associated with development and licensing. The high price of application software prevents organizations from purchasing such solutions. In some cases, organizations delay their purchasing decisions. Either way, high prices limit market growth. In addition, other factors such as integration challenges related to non-scalable applications and data privacy concerns are also expected to limit the market growth.

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2020-2025 Enterprise Data Management Market: Segmentation Analysis.

  • By end user, the market is segmented by
    • BFSI
    • Health care
    • Manufacturing
    • Retail
    • Others

BFSI segment has dominated the global EDM market and will continue to hold a significant market share during the forecast period. Factors such as the complete digitization of core processes, increasing data volume and increasing adoption of customer-centric approaches will fuel the growth of this segment during the forecast period. Deployment of EDM software solutions enables financial institutions to electronically manage data generated by various systems and processes such as loan processing, complaints management, customer data management and financial transactions, thereby improving customer focus.

  • Geography
    • North America
    • Europe
    • APAC
    • South America
    • AEM

North America held the largest enterprise data management market share in 2020 due to the presence of many key vendors and the technological maturity of several industries, especially in the United States and Canada. Several companies in manufacturing, telecommunications, infrastructure development, BFSI and retail are adopting EDM solutions to analyze the growing volume of data being generated. The United States is the leading market for EDM solutions in North America. The increase in volume and development of the industrial sector, regulatory standards and the penetration of key suppliers have resulted in the expansion of the EDM market in the country. In addition, innovative advancements, early adoption of technologies, development in the industrial and private sectors and the penetration of key suppliers in Canada are also likely to drive the market growth during the forecast period.

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Enterprise Data Management Market 2020-2025: Scope
Technavio presents a detailed picture of the market through the study, synthesis and summation of data from multiple sources. The Enterprise Data Management Market report covers the following areas:

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2021-2025 Enterprise Data Management Market: Highlights

  • Market CAGR during the forecast period 2021-2025
  • Detailed information on the factors that will contribute to the growth of the Enterprise Data Management market over the next five years
  • Estimated Enterprise Data Management Market Size and Its Contribution to Parent Market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the enterprise data management market
  • Market competitive landscape analysis and detailed supplier information
  • Complete details on factors that will challenge the growth of Enterprise Data Management Market, vendors

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Associated reports:

Enterprise Resource Planning Software Market by Type and Geography – Forecast and Analysis 2021-2025

Enterprise Cyber ​​Security Solutions Market by End User and Geography – Forecast and Analysis 2021-2025

Enterprise Data Warehouse Market by Deployment and Geography – Forecast and Analysis 2022-2026

Scope of the Enterprise Data Management Market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of 12.89%

Market growth 2021-2025

$ 64.08 billion

Market structure

Fragmented

Annual growth (%)

10.99

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 40%

Main consumer countries

United States, United Kingdom, Canada, China and Germany

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

ABBYY Solutions Ltd., Adobe Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., Informatica LLC, International Business Machines Corp., Microsoft Corp., Oracle Corp., SAS Institute Inc. and Teradata Corp.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

Main topics covered:

  • Abstract
  • Market landscape
  • Market sizing
  • Five forces analysis
  • Market segmentation by end user
  • Customer landscape
  • Geographic landscape
  • Supplier landscape
  • Supplier analysis
  • Annex

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