Cloud based information governance market is anticipated to grow at a CAGR of 21.8% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for operational efficiency development across the globe. The LIMS PRO is designed to simplify raw material procurement operations in sawmills by providing real-time information and solutions to increase operational efficiency. For instance, in July 2023, Trimble launched LIMS PRO, a new cloud-hosted version of its widely used Log Inventory and Management System (LIMS) to manage sawmill raw material procurement. The LIMS PRO is a cloud-based log settlement solution that improves operational visibility for mills, allowing small andmedium-sized forest product enterprises to increase efficiency and growth.
Segmental Outlook
The global cloud based information governance market is segmented on the type, and application. Based on the type, the market is sub-segmented into simple storage and retrieval, basic document management, complex document management, functional applications with document storage, and social networking applications with document storage. Furthermore, on the basis of application, the market is sub-segmented into BFSI, public sector, retail sector, manufacturing, IT and telecom, healthcare, and others (education, and telecommunications). The BFSI subcategory is expected to capture a significant portion of the market share within the application segment. The growth can be attributed to the growing demand for digital transformation in the BFSI. The staying digital transformation of the Banking, Financial Services, and Insurance (BFSI) industry is an essential driver. The expansion of Oracle's cloud services coincides with the industry's shift toward digital technologies to improve operational efficiency and customer experience. For instance, in September 2023, Oracle expands its oracle banking cloud services portfolio. The new services from banks enhanced visibility, forecasting, and liquidity control, enabling customers to effectively leverage cash.
The Manufacturing Sub-Segment is Anticipated to Hold a Considerable Share of the global Cloud Based Information Governance Market
Among the application, the manufacturing sub-segment is expected to hold a considerable share of the global cloud based information governance market. The segmental growth is attributed to the growing demand for industry-specific standards. The Manufacturing Data Cloud's adoption has been prompted by the numerous demands of industries such as automotive, technology, energy, and manufacturing. Companies acknowledge the significance of customized approaches in maximizing the value of their unique assets. For instance, in April 2023, Snowflake launched the Manufacturing Data Cloud, that It allows companies in automotive, technology, energy, and industrial sectors to maximize the value of their essential siloed industrial assets. The production data cloud integrates data across numerous clouds, allowing companies to analyze IT and OT data, optimize supply chain performance, and enable smart production at various scales.
Regional Outlook
The global cloud based information governance market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the increasing number of user-generated data across regional industries.
The Global Cloud Based Information Governance Market Growth by Region 2024-2031
The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the global Cloud Based Information Governance Market
Among all regions, the Asia-Pacific regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the advancements in personalized healthcare across the region. The global shift toward personalized healthcare has driven the establishment of this cloud-based platform. Patients, healthcare professionals, and drugs companies are increasingly comprehension of the significance of tailored medical methods, and the platform satisfies the need by providing a robust foundation for personalized healthcare initiatives. Furthermore, manufactures are focusing on launch to cater the demand of the product. For instance, in March 2023, Fujitsu launched new cloud-based platform for healthcare sector in Japan, promoting personalized healthcare and drug development. The new platform converts medical data to HL7 FHIR standards, allowing secure aggregation of health-related information. The patients can store personal health data, that is then used by medical institutions and pharmaceutical companies for data analysis and R&D.
Market Players Outlook
The major companies serving the cloud based information governance market includes IBM Corp., Microsoft Corporation, Oracle, Salesforce, Inc., SAP SE, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2023, Informatica acquired Privitar, it enhanced AI powered Intelligent Data Management Cloud platform, that provides advanced access controls and data privacy remediation.
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Amazon Web Services, Inc.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Barracuda Networks, Inc.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Box, Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Cloud Based Information Governance Market by Type
4.1.1. Simple Storage and Retrieval
4.1.2. Basic Document Management
4.1.3. Complex Document Management
4.1.4. Functional Applications with Document Storage
4.1.5. Social Networking Applications with Document Storage
4.2. Global Cloud Based Information Governance Market by Application
4.2.1. BFSI
4.2.2. Public Sector
4.2.3. Retail sector
4.2.4. Manufacturing
4.2.5. IT and Telecom
4.2.6. Healthcare
4.2.7. Others(Education, and Telecommunications)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Broadcom, Inc.
6.2. Commvault Systems, Inc.
6.3. Dataguise DgSecure
6.4. Dell International Services India Pvt. Ltd.
6.5. Egnyte, Inc.’s
6.6. Forcepoint™ LLC
6.7. Google Cloud Platform (GCP)
6.8. Hewlett Packard Enterprise Co.
6.9. IBM Corp.
6.10. McAfee, LLC.
6.11. Microsoft
6.12. Mimecast
6.13. NetApp, Inc.’s
6.14. Open Text Corp.
6.15. Oracle
6.16. Proofpoint, Inc.,
6.17. Skyhigh Security, LLC,
6.18. Trustwave Holdings, Inc.
6.19. Varonis Systems, Inc.
6.20. Veritas Storage (Ireland) Ltd.
6.21. Zscaler, Inc.
1. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031($ MILLION)
2. GLOBAL SIMPLE STORAGE AND RETRIEVAL IN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
3. GLOBAL BASIC DOCUMENT MANAGEMENT IN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
4. GLOBAL COMPLEX DOCUMENT MANAGEMENT IN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
5. GLOBAL FUNCTIONAL APPLICATIONS WITH DOCUMENT STORAGE IN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
6. GLOBAL SOCIAL NETWORKING APPLICATIONS WITH DOCUMENT STORAGE IN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
7. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031($ MILLION)
8. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN BFSI MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
9. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN PUBLIC SECTOR MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
10. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN RETAIL SECTOR MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
11. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
12. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
13. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
14. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031($ MILLION)
15. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031($ MILLION)
16. NORTH AMERICAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031($ MILLION)
17. NORTH AMERICAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031($ MILLION)
18. NORTH AMERICAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031($ MILLION)
19. EUROPEAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031($ MILLION)
20. EUROPEAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031($ MILLION)
21. EUROPEAN CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031($ MILLION)
22. ASIA-PACIFIC CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031($ MILLION)
23. ASIA-PACIFIC CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031($ MILLION)
24. ASIA-PACIFIC CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031($ MILLION)
25. REST OF THE WORLD CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031($ MILLION)
26. REST OF THE WORLD CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY TYPE, 2023-2031($ MILLION)
27. REST OF THE WORLD CLOUD BASED INFORMATION GOVERNANCE MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031($ MILLION)
1. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY TYPE, 2023 VS 2031(%)
2. GLOBAL SIMPLE STORAGE AND RETRIEVAL IN CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
3. GLOBAL BASIC DOCUMENT MANAGEMENT IN CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
4. GLOBAL COMPLEX DOCUMENT MANAGEMENT IN CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
5. GLOBAL FUNCTIONAL APPLICATIONS WITH DOCUMENT STORAGE IN CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
6. GLOBAL SOCIAL NETWORKING APPLICATIONS WITH DOCUMENT STORAGE IN CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
7. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY APPLICATION, 2023 VS 2031(%)
8. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN BFSI MARKET SHARE BY REGION, 2023 VS 2031(%)
9. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN PUBLIC SECTOR MARKET SHARE BY REGION, 2023 VS 2031(%)
10. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN RETAIL SECTOR MARKET SHARE BY REGION, 2023 VS 2031(%)
11. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN MANUFACTURING MARKET SHARE BY REGION, 2023 VS 2031(%)
12. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN IT AND TELECOM MARKET SHARE BY REGION, 2023 VS 2031(%)
13. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN HEALTHCARE MARKET SHARE BY REGION, 2023 VS 2031(%)
14. GLOBAL CLOUD BASED INFORMATION GOVERNANCE IN OTHERS MARKET SHARE BY REGION, 2023 VS 2031(%)
15. GLOBAL CLOUD BASED INFORMATION GOVERNANCE MARKET SHARE BY REGION, 2023 VS 2031(%)
16. US CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
17. CANADA CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
18. UK CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
19. FRANCE CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
20. GERMANY CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
21. ITALY CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
22. SPAIN CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
23. REST OF EUROPE CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
24. INDIA CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
25. CHINA CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
26. JAPAN CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
27. SOUTH KOREA CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
28. REST OF ASIA-PACIFIC CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)
29. REST OF THE WORLD CLOUD BASED INFORMATION GOVERNANCE MARKET SIZE, 2023-2031($ MILLION)