Market Share of Data Catalog Industry
The Data Catalog Market is expected to move towards fragmentation owing to the presence of several significant players globally. Market players are adopting advanced strategies such as collaboration, mergers and acquisitions, and partnerships to capture a substantial market share in the global market. Major vendors in the market are IBM, Informatica, Alteryx, Collibra, Alation, Microsoft, TIBCO Software, Datawatch Corporation, and Zaloni, among others.
Some of the key developments are observed. In October 2022, IIGCC launched a data catalog to help its members review and select data vendors to support the implementation of investor net zero commitments and transition plans across three asset classes: Corporates (listed equity and debt), Real estate, and Sovereign bonds. Also, in September 2022, Alation partnered with Fivetran, a global leader in modern data integration. Following their collaboration, the businesses wanted to make it possible for their clients to understand and locate the entire data context in the latest data stack. The partnership combined reliable, controlled data from many sources into a single perspective using the Fivetran Metadata API. This enhances decision-making and data pipelines while increasing data visibility.
- In August 2022, Data catalog platform vendor Alation launched a new service designed to make it easier for Snowflake Data Cloud users to catalog data. Alation also released an update to its data catalog that provides users with enhanced data governance capabilities. The Alation Cloud Service (ACS) for Snowflake is the first time the data catalog vendor has provided a purpose-built offering for a specific cloud data service.
Data Catalog Market Leaders
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IBM Corporation
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Microsoft Corporation
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TIBCO Software Inc.
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Collibra NV
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Alation Inc.
*Disclaimer: Major Players sorted in no particular order
