Global Cloud-based Information Governance Market 2018-2022

Overview of the global cloud-based information governance market

The increased usage of Internet for day-to-day activities and critical operations are driving the requirement for cloud storage services. Technavio’s market research analysts have identified the increased dependence on the Internet as one of the primary growth factors for the cloud-based information governance market. Despite the high popularity and adoption of online payment methods, these methods are threatened by data thefts and phishing along with new methods of attack. Organizations benefit from adopting cloud-based information governance solutions to improve their efficiency and productivity. The adoption of such advanced technologies improves the business efficiency and aids in meeting their competitive requirements to sustain in the information governance framework market. Our market analysts estimate that the market will grow steadily at a CAGR of around 20% by 2022.

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The advent of big data and analytics services will provide traction to the growth of the cloud-based information governance market. In the IT services industry, analytics is gaining prominence as it aids the firms in transforming unstructured data into structured. The resultant structured data provides meaningful insights that aids in understanding the business pattern and consumer behavior pattern. Advanced analytical tools such as predictive analysis, are used by numerous end-user industries to help in key decisions at organizational levels to improve customer service.

Companies covered

The cloud-based information governance market is identified as moderately fragmented due to the presence of several international and regional vendors. This information governance framework market research report offers information on the competitive environment among the companies in this market and also provides an analysis of the market’s competitive landscape. This will in turn, aid clients design unique new growth strategies and improve their market positions.

This research report provides an analysis of various companies in the market including –

• Alphabet
• IBM
• Microsoft
• VERITAS
• OpenText

Segmentation by end-user and analysis of the cloud-based information governance market

• BFSI
• Public
• Retail
• Manufacturing
• IT and telecom
• Healthcare

According to this cloud-based information governance market report, the BFSI industry will be the major end-user to the information governance framework market throughout the forecast period.

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Geographical segmentation and analysis of the cloud-based information governance market

• Americas
• APAC
• EMEA

Based on the cloud-based information governance market analysis, the Americas will be the major revenue contributor to the information governance framework market throughout the forecast period. This region will witness steady growth owing to the growing requirements for regulation and cloud-based services due to the large volumes of data witnessing rising number of cyberattacks and data thefts. This in turn, will have a positive impact on the cloud-based information governance market size and share.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global cloud-based information governance market?
• What are the key market trends impacting the growth of the global cloud-based information governance market?
• What are the challenges to market growth?
• Who are the key vendors in the global cloud-based information governance market?
• What are the market opportunities and threats faced by the vendors in the global cloud-based information governance market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global cloud-based information governance market?

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