Data Discovery Market - Trends Forecast Till 2028

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 and Utilities) and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: December, 2021

Base Year Estimate: 2020

Report ID: D-IT-DDM-1023


Number of Pages: 353

Domain: IT & Telecom

Data Discovery Market – Trends Forecast Till 2028

The Data Discovery Market is expected to grow at a CAGR of 21.9% over the forecast period 2021 to 2028.

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.

Data Discovery Market Size 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.

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

Insights are provided for each region and major countries within the regions

Data Discovery Market Primary Respondent


Key Players

  • 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

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.

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Data Discovery Market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope


Report Feature


Growth Rate

CAGR of 21.9% during the forecasting period, 2021-2028

Historical Data


Forecast Years


Base Year


Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

component, enterprise size, industry vertical and region.

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

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, and DataGrail

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