Key Takeaways
- The global Enterprise Data Management market size was valued at USD 89.34 billion in 2022
- The market is expected to expand at a compound annual growth rate (CAGR) of 12.1% from 2023 to 2030
- The North American market accounted for a dominant revenue share of over 35% in 2022
- 95% of businesses cite the need to manage unstructured data as a top problem
- Poor data quality costs the U.S. economy an estimated $3.1 trillion per year
- 60% of data scientists spend most of their time cleaning and organizing data
- 90% of all data in the world was created in the last two years
- The total amount of data created worldwide will reach 181 zettabytes by 2025
- Every person generated 1.7 MB of data per second in 2020
- The average cost of a data breach in 2023 was $4.45 million
- Ransomware attacks occur every 11 seconds worldwide
- 82% of breaches involve a human element (phishing, errors)
- Adoption of AI in data management has increased by 47% since 2021
- 60% of data for AI will be synthetic by 2024 to protect privacy
- Data Fabric deployments can reduce time to data delivery by 30%
The enterprise data management industry is rapidly growing due to increasing data volumes and governance needs.
Data Consumption and Storage
Data Consumption and Storage Interpretation
Data Quality and Governance
Data Quality and Governance Interpretation
Emerging Technologies and Trends
Emerging Technologies and Trends Interpretation
Market Growth and Valuation
Market Growth and Valuation Interpretation
Security and Compliance
Security and Compliance Interpretation
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