Research and Markets has announced the addition of the "Data Discovery Market - Global Forecast to 2021" report to their offering.

The global data discovery market size is estimated to grow from USD 4.33 billion in 2016 to USD 10.66 billion by 2021, at a Compound Annual Growth Rate (CAGR) of 19.8%. There is increase in data traffic due to the exponential growth of big data, resulting in exponential growth of big data and Business Intelligence (BI) technologies. Hence, there is a huge demand for data discovery software & services to analyze the data and get actionable insights.

The data discovery market by software type is estimated to grow with the largest market share during the forecast period. Data discovery software is being used in various verticals and have various applications.

The software filters the aggregated and enriched data, so that it can be analyzed to provide a high throughput from multiple input data sources. Based on the data analyzed, organizations could generate business-related insights and plan the next steps accordingly, as soon as the data arrives. Data discovery software is also being used for asset & liability management, budgetary control management, general ledger management, payables & receivables management, and profitability management.

North America holds the largest market share in 2016 and the trend is expected to continue in the coming years. The data discovery market is showing strong positive trends in the region as several companies and industries are adopting data discovery software at various levels, as a part of their strategy to strive in the market and increase their productivity. The Asia-Pacific (APAC) market is expected to witness exponential growth and is projected to be the fastest-growing region for the global data discovery market. This is due to the rising demand for BI technologies, such as data discovery software and services.

Companies Mentioned:

  • Birst, Inc.
  • Clearstory Data
  • Cloudera, Inc.
  • Datameer, Inc.
  • Datawatch Corporation
  • Microstrategy, Inc.
  • Oracle Corporation
  • Platfora
  • Qlik Technologies, Inc.
  • SAP SE.
  • Tableau Software, Inc.
  • Tibco Software Inc.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Data Discovery Market Analysis, By Component

8 Data Discovery Market Analysis, By Application

9 Data Discovery Market Analysis, By Deployment Model

10 Data Discovery Market Analysis, By Organization Size

11 Data Discovery Market Analysis, By Vertical

12 Geographic Analysis

13 Competitive Landscape

14 Company Profiles

15 Key Innovators

16 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/shqs6h/data_discovery