How big is the data discovery market?

The global data discovery market size was estimated at USD 10.04 billion in 2022 and is expected to reach USD 11.67 billion in 2023.

What is the data discovery market growth?

The global data discovery market is expected to grow at a compound annual growth rate of 15.3% from 2023 to 2030 to reach USD 31.55 billion by 2030.

Which region accounted for the largest data discovery market share?

North America dominated the market in 2022, accounting for over 42% share of the global revenue. The region's growth is attributed to the substantial presence of large enterprises known for their early adoption of innovative technologies such as data discovery.

Who are the key players in the data discovery market?

Some key players operating in the data discovery market include IBM Corporation, Microsoft, Oracle, Salesforce, Inc., SAS Institute Inc., Google, Amazon Web Services, Inc., Open Text, MicroStrategy, Cloudera, Inc.

What are the factors driving the data discovery market?

Key factors driving the data discovery market growth include the growing need to discover sensitive structured and unstructured data and the increasing investment in data privacy measures with the introduction of data privacy regulations.