Market Overview:
The global data discovery platform market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for big data and analytics solutions, rising need for self-service BI tools, and growing trend of cloud-based deployments. The global data discovery platform market is segmented on the basis of type into cloud-based and on-premise deployments. The cloud-based deployment segment is expected to grow at a higher CAGR than the on-premise deployment segment during the forecast period from 2018 to 2030. This can be attributed to the growing trend of cloud adoption among enterprises and SMEs worldwide. On the basis of application, the global data discovery platform market is divided into large enterprises and SMEs segments.
Product Definition:
A data discovery platform is a software application that enables users to find, analyze and share data across an organization. Data discovery platforms are used to improve communication and collaboration among employees, as well as to make better decisions by uncovering insights hidden in large volumes of data.
Cloud Based:
Cloud-based solutions are expected to witness significant growth over the forecast period owing to factors such as on-demand availability of compute, storage and other resources that allow organizations to store data at a low cost. The shift in trend towards adopting cloud based services is expected to drive market growth over the next six years.
On-Premise:
On-premise solutions are software and hardware systems that are installed on the end users premises. The data is stored either on a local server or directly in the form of a backup. These solutions do not rely upon internet connectivity, hence they provide more reliability and security to the organization.
Application Insights:
The large enterprises segment accounted for the largest revenue share of over 60% in 2017. The need for data management at large enterprises to improve business operations and boost productivity is expected to be the key factor driving the demand from this segment over the forecast period. The need to manage multiple data sources and integrate them with different applications within an organization has led to a rise in demand for data discovery platform among large enterprise users.
The small & medium-sized businesses (SMBs) segment is anticipated register a significant CAGR of XX% from 2018 to 2030 owing to increasing adoption of cloud services among SMBs due largely on factors such as ease of access; cost benefits; flexibility offered by online solutions;.
Regional Analysis:
North America dominated the global market in 2017. North America has been witnessing continuous growth in cloud-based data discovery platform adoption owing to the presence of a large number of IT companies and increased spending on information technology infrastructure. Moreover, these platforms offer high performance analytical queries over big data, which is further driving their adoption across various sectors such as manufacturing, healthcare & life sciences and retail among others.
Asia Pacific is expected to emerge as the fastest-growing regional market from 2018 to 2030 due to increasing investments by governments in developing countries for creating awareness about big data analytics among businesses and consumers alike. Furthermore, growing penetration of smartphones coupled with rising social media usage will drive demand for consumer data discovery applications across this region over the forecast period.
Growth Factors:
- Increasing demand for self-service data analytics: The growing demand for self-service data analytics is one of the key growth drivers for the global data discovery platform market. Organizations are increasingly adopting self-service data analytics tools to enable business users to access and analyze corporate data on their own without relying on IT support. This is helping organizations to improve their decision making process and gain a competitive edge in the market.
- Proliferation of big data: The proliferation of big data is another major growth driver for the global Data Discovery Platform market. With the increasing volume, variety, and velocity of bigdata, businesses are looking for efficient ways to store, manage, and analyze this massive amount of information. Data discovery platforms offer an efficient way to do so by providing users with a single interface through which they can access all their relevant information quickly and easily.
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Discovery Platform Market Research Report
By Type
Cloud Based, On-Premise
By Application
Large Enterprises, SMEs
By Companies
Wipro, Qlik, Dundas, IBM, Sisense, Board, Domo, Looker, Yellowfin, TIBCO Spotfire, Halo, InetSoft Style Intelligence, Infor, AnswerRocket, Corporater, Exago BI
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Data Discovery Platform Market Report Segments:
The global Data Discovery Platform market is segmented on the basis of:
Types
Cloud Based, On-Premise
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
Large Enterprises, SMEs
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:
- Wipro
- Qlik
- Dundas
- IBM
- Sisense
- Board
- Domo
- Looker
- Yellowfin
- TIBCO Spotfire
- Halo
- InetSoft Style Intelligence
- Infor
- AnswerRocket
- Corporater
- Exago BI
Highlights of The Data Discovery Platform 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:
- Cloud Based
- On-Premise
- By Application:
- Large Enterprises
- SMEs
- 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 Data Discovery Platform 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?
Data Discovery Platform is a data discovery platform that helps users find, explore and understand their data. It provides a search engine for data, as well as tools to help users visualize and analyze their data.
Some of the major companies in the data discovery platform market are Wipro, Qlik, Dundas, IBM, Sisense, Board, Domo, Looker, Yellowfin, TIBCO Spotfire, Halo, InetSoft Style Intelligence, Infor, AnswerRocket, Corporater, Exago BI.
The data discovery platform market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Data Discovery Platform 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 Data Discovery Platform Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Data Discovery Platform 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 Data Discovery Platform 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 Data Discovery Platform Market Size & Forecast, 2018-2028 4.5.1 Data Discovery Platform Market Size and Y-o-Y Growth 4.5.2 Data Discovery Platform Market Absolute $ Opportunity
Chapter 5 Global Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 On-Premise
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Data Discovery Platform 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 Data Discovery Platform 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 Data Discovery Platform Analysis and Forecast
9.1 Introduction
9.2 North America Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 On-Premise
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 Data Discovery Platform Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
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 Data Discovery Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 On-Premise
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 Data Discovery Platform Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
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 Data Discovery Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 On-Premise
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 Data Discovery Platform Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
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 Data Discovery Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Data Discovery Platform 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 Data Discovery Platform Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 On-Premise
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 Data Discovery Platform Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
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) Data Discovery Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Data Discovery Platform 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) Data Discovery Platform Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 On-Premise
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) Data Discovery Platform Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
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 Data Discovery Platform Market: Competitive Dashboard
14.2 Global Data Discovery Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wipro
14.3.2 Qlik
14.3.3 Dundas
14.3.4 IBM
14.3.5 Sisense
14.3.6 Board
14.3.7 Domo
14.3.8 Looker
14.3.9 Yellowfin
14.3.10 TIBCO Spotfire
14.3.11 Halo
14.3.12 InetSoft Style Intelligence
14.3.13 Infor
14.3.14 AnswerRocket
14.3.15 Corporater
14.3.16 Exago BI