Enterprise Data Management Market to Climbs Amid Increasing Globalized Nature of Businesses and Rise of Remote Work

The surge in data volume and regulatory compliance requirements accelerates the growth of the Enterprise Data Management Market, driving robust solutions.

AUSTIN, TEXAS, UNITED STATES, January 26, 2024 /EINPresswire.com/ -- As per SNS Insider’s research, the growth drivers for Enterprise Data Management Market are multifaceted, encompassing the surge in data volumes, regulatory compliance pressures, the integration of advanced technologies, the demand for enhanced collaboration, and the imperative for real-time analytics. The SNS Insider report indicates that the size for enterprise data management market was USD 88.45 billion in 2022, with a projected increase to USD 223.73 billion by 2030, experiencing a compound annual growth rate (CAGR) of 12.3% from 2023 to 2030.

Market Report Scope

Enterprise Data Management (EDM) refers to the comprehensive strategy and framework adopted by organizations to effectively collect, store, organize, and utilize their data assets. In the contemporary business landscape, data has emerged as a critical resource, and EDM plays a pivotal role in ensuring its seamless integration across various departments.

Recent Developments Related to Enterprise Data Management Market

➤ Mine, the pioneering enterprise focused on fortifying data protection, has successfully secured an impressive $30 million in Series B funding. The $30 million influx of funds is anticipated to propel Mine to new heights, facilitating the development of innovative solutions that address the evolving challenges associated with data privacy in enterprise settings.

➤ Quantalytix has revealed its latest innovation, an advanced Enterprise Data Management Platform poised to revolutionize how businesses handle and leverage their data. This unveiling signals a significant leap forward in the realm of data management, with Quantalytix emerging as a trailblazer in providing comprehensive solutions for enterprises grappling with the complexities of data governance.

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https://www.globaljournalobserver.com/article/684014268-enterprise-data-management-market-to-climbs-amid-increasing-globalized-nature-of-businesses-and-rise-of-remote-work

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