Market Share of Data Governance Industry
The data governance market is moderately competitive, with major players concentrating on expanding their customer base internationally. They do this through strategic collaborations to boost market share and profits. Notable players in this arena are Microsoft, IBM, and Oracle.
- In July 2024, Microsoft announced that its AI-powered solution, Purview Data Governance, aimed at consolidating governance and security functions, will be available to the general public on September 1. Rebranded as the "new Microsoft Purview experience," the solution will provide organizations with a centralized platform to streamline governance, policy enforcement, compliance, and security. Microsoft emphasizes the solution's pivotal role in overseeing all data—be it structured or unstructured—spanning Azure, Microsoft 365, on-premise setups, multi-cloud environments, and forthcoming SaaS applications.
- In May 2024, CG Infinity and BigID joined forces in a collaboration offering advanced AI governance, cutting-edge data security, and robust privacy compliance. Their focus extends to actionable data protection, culminating in enhanced data value. This partnership underscores a joint commitment to enabling organizations to gain comprehensive insights into their data.
Data Governance Market Leaders
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Collibra Inc.
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TIBCO Software Inc.
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Alation Inc.
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Microsoft Corporation
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IBM Corporation
*Disclaimer: Major Players sorted in no particular order
