Data Catalog Market Size

Data Catalog Market size is estimated to reach USD 120 billion by the end of 2035, growing at a CAGR of 33% during the forecast period i.e., 2023 – 2035. In the year 2022, the industry size of the data catalog was USD 2 billion. The growth of this market can be attributed to the proliferation of innovative and exclusive data sets influencing the demand for data catalogs among consumers, businesses, and end-user industries that ensure fresh perspectives and insights to offer productivity and future results. According to statistics, over 55% of the businesses looked at have begun using data to increase productivity, about 47% to provide customer service, and about 45% to forecast future events.

The numerous benefits of cloud deployment are driving a lot of interest in data catalog solutions that are cloud-based. These benefits include lower operational costs, simple installations, and increased network resource scalability. Additionally, they increase real-time analysis users' working flexibility and streamline real-time deployment. The makers of cloud data catalog solutions include TIBCO Software, AWS, and IBM.