GITNUX MARKETDATA REPORT 2024

Must-Know Data Management Statistics [Latest Report]

Statistic 1

"72% of companies believe that data management is crucial to driving value and innovation."

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Statistic 2

"55% of companies store their data across at least three different environments."

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Statistic 3

"Businesses with effective data management are 23 times more likely to acquire customers."

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Statistic 4

"81% of businesses rely on data as a core part of their operations."

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Statistic 5

"Poor data quality costs the US economy up to $3.1 trillion yearly."

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Statistic 6

"83% of organizations see data management as essential for their success."

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Statistic 7

"50% of IT leaders highlight data management as their top priority in the next five years."

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Statistic 8

"90% of the world’s data was generated in the last two years alone."

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Statistic 9

"Effective data management practices can improve data accuracy by up to 80%."

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Statistic 10

"Companies that use effective data management reduce their time searching for information by 35%."

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Statistic 11

"Organizations that utilize data management strategies report a 70% increase in business performance."

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Statistic 12

"The global data management market is expected to grow to $136.4 billion by 2026."

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Statistic 13

"Companies that adopt comprehensive data management frameworks reduce operational costs by 25%."

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Statistic 14

"Data management tools and technologies improve decision-making processes by 50%."

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Statistic 15

"Over 60% of companies do not have a well-defined data management strategy."

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Statistic 16

"95% of businesses state that unstructured data management is a significant challenge."

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Statistic 17

"Real-time data management capabilities enhance business agility by 65%."

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Statistic 18

"70% of IT decision-makers say better data management improves customer satisfaction."

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Statistic 19

"Data privacy and security breaches have increased by 40% due to poor data management practices."

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Statistic 20

"68% of organizations report regulatory compliance as a main driver for data management initiatives."

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