Data Discovery Market - Trends Forecast Till 2028

Market Overview

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.

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.

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

Competitive Landscape

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