The growth of data governance solutions and services explained



Increasingly, the need to meet regulations & compliance deadlines and need to improve & sustain strategic risk management has fueled the growth of data governance solutions and services. However, varying structure of regulatory policies and data address validation & quality issues are the restraining factors for the data governance market.
Research and Markets estimates the global data governance market size to grow from USD 863.2 million in 2016 to USD 2,234.7 million by 2021, at a Compound Annual Growth Rate (CAGR) of 21.0%.