Data Discovery Market Growing at a Significant CAGR to the Forecast 2030

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Data Discovery Market is segmented by Component (Software, Services), Organization Size (Small and Mid-Sized Businesses (SMBs), Large Enterprises), Industry Vertical (Banking, Financial Services, and Insurance (BFSI), Telecommunications and IT, Retail and E-commerce, Manufacturing, Energy

A new Report by Delvens, titled "Data Discovery Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The Data Discovery Market is expected to grow at a CAGR of 21.9% over the forecast period to 2028.

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Regional Analysis

North America dominated the global data discovery market with the largest share mainly because of developed economies such as the United States and Canada. The U.S. is a key market in the region due to the early adoption of sensitive data discovery solutions.

Key Players of Data Discovery Market

·        Tableau Software, LLC

·        Datameer, Inc.

·        SAP SE.

·        Tibco Software Inc.

·        Cloudera, Inc.

·        IBM

·        Microsoft

·        Oracle

·        Salesforce

·        SAS Institute

·        Google

·        AWS

·        Micro Focus

·        MicroStrategy

·        Cloudera

·        Securiti

·        DataGrail and More

Data discovery is the method of identifying patterns and trends in web data through data collection and analysis. It is the initial step in leveraging web data to notify future critical business decisions with valuable guided analytics. Through the discovery process, data is gathered, merged, and interpreted to provide businesses with more precise insights regarding their customers, business, and industry.

The growing importance of data-driven decision-making, growing trends in self-service Business Intelligence (BI) tools, and insight generation from a growing number of multi-structured data sources are some of the factors that have supported long-term expansion for Data Discovery Market.

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Recent Developments

May 2020 - Tableau rolled its latest version to date, 2020.2, which includes a new data model for multiple source analysis without coding or scripting as well as a feature called Metrics, which monitors key performance indicators via mobile devices. Data modeling is designed to democratize the ability to analyze complex data sets. With the new data model, Tableau will aggregate details for the analysis required.

October 2019 - Datameer, announced funding to drive global adoption of Datameer X by the data science community and importantly to launch Neebo, a cloud-native self-service solution that will enable teams of analytics professionals and data scientists to create, discover, use, and share trusted assets in hybrid landscapes.

Data Discovery Market is segmented into component, enterprise size, industry vertical and region.

On the basis of Component

·        Software

·        Services

On the basis of Enterprise Size 

·        Small and mid-sized enterprises

·        Large enterprises

On the basis of Industry Vertical 

·        Banking, financial services and insurance

·        Telecommunication and IT

·        Retail and E-commerce

·        Manufacturing

·        Energy and utilities

On the basis of Region

·        Asia Pacific

·        North America

·        Europe

·        South America

·        Middle East & Africa

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In addition to the market data for Data Discovery Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.

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