Market Overview:
The global cognitive data management market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for cognitive data management solutions from various industries, such as BFSI, manufacturing, healthcare and pharmaceuticals, government and legal services, telecom, IT, and media. Additionally, the growing trend of big data and analytics is also contributing to the growth of this market.
Product Definition:
Cognitive data management is a process of managing and organizing data in a manner that makes it easy to find, use, and understand. The importance of cognitive data management is that it helps organizations make better decisions by providing them with accurate, timely information.
Data Integration and Migration:
Data integration and migration is a software technology that allows the seamless transfer of data between different systems. It also helps in combining fragmented data from various sources into a single view, which can be easily accessed by any user. The primary function of such tools is to help integrate and migrate legacy applications to cloud-based solutions without causing any loss of information or functionality.
Data Governance and Quality:
Data governance is the set of processes and standards that are applied to any data in an organization. It helps in governing the quality, accuracy, integrity, and security of information. The primary function of data governance is to ensure that the collected information can be used for specified business purposes only by authorized personnel.
Governance refers to a process or set of rules which determine how we get things done together; it's about shared responsibility.
Application Insights:
The Banking, Financial Services and Insurance (BFSI) sector accounted for the largest market share in 2017. The BFSI industry is one of the most prominent industries demanding cognitive data management solutions as it handles a wide range of data including financial, credit card transaction data, customer information, trade details, insurance policy information etc. This type of sensitive and important data needs to be protected at all times and requires effective storage & backup procedures along with proper governance practices to avoid any future complications or issues related to the same.
The manufacturing segment is expected to emerge as a promising application segment over the forecast period owing to factors such as growing industrialization in developing countries like India & China coupled with stringent regulations on handling hazardous materials that are requiredto be followed by manufacturers across various industries worldwide.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in data analytics and growing adoption of cloud computing technologies across various industries, such as BFSI, manufacturing, healthcare and pharmaceuticals, government and legal services, telecom sector. Moreover rising need for real-time decisions is also driving regional growth.
Asia Pacific is anticipated to emerge as the fastest-growing region over the next eight years owing to increasing focus on developing smart cities coupled with rapid digitalization initiatives across several economies including China & India & Australia among others).
Growth Factors:
- Increasing demand for cognitive data management solutions from small and medium businesses (SMBs) due to the growing need for enhanced decision-making capabilities.
- Proliferation of big data and the Internet of Things (IoT) is expected to drive the demand for cognitive data management solutions over the next few years.
- The increasing focus on regulatory compliance is also expected to boost the growth of the cognitive data management market in near future.
- Growing demand for advanced analytics and business intelligence (BI) tools is also anticipated to fuel the growth of this market in coming years.
- Rising popularity of cloud-based deployments is another key factor that would contribute towards the growth of Cognitive Data Management market in forthcoming years
Scope Of The Report
Report Attributes
Report Details
Report Title
Cognitive Data Management Market Research Report
By Type
Data Integration and Migration, Data Governance and Quality, Others
By Application
BFSI, Manufacturing, Healthcare and Pharmaceuticals, Government and Legal Services, Telecom, IT, and Media, Others
By Companies
IBM, Salesforce, SAP, Informatica, SAS, Cognizant, Microsoft, Infosys, HPE, Oracle, Veritas, Wipro, Datum, Reltio, Talend, Saksoft, Snaplogic, Immuta, Attivio, Sparkcognition, Expert System, Strongbox Data Solutions, Cogntivescale, Pingar, Kingland Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Cognitive Data Management Market Report Segments:
The global Cognitive Data Management market is segmented on the basis of:
Types
Data Integration and Migration, Data Governance and Quality, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Manufacturing, Healthcare and Pharmaceuticals, Government and Legal Services, Telecom, IT, and Media, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IBM
- Salesforce
- SAP
- Informatica
- SAS
- Cognizant
- Microsoft
- Infosys
- HPE
- Oracle
- Veritas
- Wipro
- Datum
- Reltio
- Talend
- Saksoft
- Snaplogic
- Immuta
- Attivio
- Sparkcognition
- Expert System
- Strongbox Data Solutions
- Cogntivescale
- Pingar
- Kingland Systems
Highlights of The Cognitive Data Management Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Data Integration and Migration
- Data Governance and Quality
- Others
- By Application:
- BFSI
- Manufacturing
- Healthcare and Pharmaceuticals
- Government and Legal Services
- Telecom, IT, and Media
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cognitive Data Management Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cognitive data management is the process of managing and using data to improve decision making. It includes understanding how people think, learn, and work; designing systems that support these processes; and monitoring and adjusting those systems as needed.
Some of the major companies in the cognitive data management market are IBM, Salesforce, SAP, Informatica, SAS, Cognizant, Microsoft, Infosys, HPE, Oracle, Veritas, Wipro, Datum, Reltio, Talend, Saksoft, Snaplogic, Immuta, Attivio, Sparkcognition, Expert System, Strongbox Data Solutions, Cogntivescale, Pingar, Kingland Systems.
The cognitive data management market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cognitive Data Management Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cognitive Data Management Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cognitive Data Management Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cognitive Data Management Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cognitive Data Management Market Size & Forecast, 2018-2028 4.5.1 Cognitive Data Management Market Size and Y-o-Y Growth 4.5.2 Cognitive Data Management Market Absolute $ Opportunity
Chapter 5 Global Cognitive Data Management Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cognitive Data Management Market Size Forecast by Type
5.2.1 Data Integration and Migration
5.2.2 Data Governance and Quality
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cognitive Data Management Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cognitive Data Management Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Manufacturing
6.2.3 Healthcare and Pharmaceuticals
6.2.4 Government and Legal Services
6.2.5 Telecom
6.2.6 IT
6.2.7 and Media
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cognitive Data Management Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cognitive Data Management Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cognitive Data Management Analysis and Forecast
9.1 Introduction
9.2 North America Cognitive Data Management Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cognitive Data Management Market Size Forecast by Type
9.6.1 Data Integration and Migration
9.6.2 Data Governance and Quality
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cognitive Data Management Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Manufacturing
9.10.3 Healthcare and Pharmaceuticals
9.10.4 Government and Legal Services
9.10.5 Telecom
9.10.6 IT
9.10.7 and Media
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cognitive Data Management Analysis and Forecast
10.1 Introduction
10.2 Europe Cognitive Data Management Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cognitive Data Management Market Size Forecast by Type
10.6.1 Data Integration and Migration
10.6.2 Data Governance and Quality
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cognitive Data Management Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Manufacturing
10.10.3 Healthcare and Pharmaceuticals
10.10.4 Government and Legal Services
10.10.5 Telecom
10.10.6 IT
10.10.7 and Media
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cognitive Data Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cognitive Data Management Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cognitive Data Management Market Size Forecast by Type
11.6.1 Data Integration and Migration
11.6.2 Data Governance and Quality
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cognitive Data Management Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Manufacturing
11.10.3 Healthcare and Pharmaceuticals
11.10.4 Government and Legal Services
11.10.5 Telecom
11.10.6 IT
11.10.7 and Media
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cognitive Data Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Cognitive Data Management Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cognitive Data Management Market Size Forecast by Type
12.6.1 Data Integration and Migration
12.6.2 Data Governance and Quality
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cognitive Data Management Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Manufacturing
12.10.3 Healthcare and Pharmaceuticals
12.10.4 Government and Legal Services
12.10.5 Telecom
12.10.6 IT
12.10.7 and Media
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cognitive Data Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cognitive Data Management Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cognitive Data Management Market Size Forecast by Type
13.6.1 Data Integration and Migration
13.6.2 Data Governance and Quality
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cognitive Data Management Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Manufacturing
13.10.3 Healthcare and Pharmaceuticals
13.10.4 Government and Legal Services
13.10.5 Telecom
13.10.6 IT
13.10.7 and Media
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cognitive Data Management Market: Competitive Dashboard
14.2 Global Cognitive Data Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IBM
14.3.2 Salesforce
14.3.3 SAP
14.3.4 Informatica
14.3.5 SAS
14.3.6 Cognizant
14.3.7 Microsoft
14.3.8 Infosys
14.3.9 HPE
14.3.10 Oracle
14.3.11 Veritas
14.3.12 Wipro
14.3.13 Datum
14.3.14 Reltio
14.3.15 Talend
14.3.16 Saksoft
14.3.17 Snaplogic
14.3.18 Immuta
14.3.19 Attivio
14.3.20 Sparkcognition
14.3.21 Expert System
14.3.22 Strongbox Data Solutions
14.3.23 Cogntivescale
14.3.24 Pingar
14.3.25 Kingland Systems