Information Governance Solutions Market Research report explores the Market for the forecast period, 2017-2025


Information governance solutions (IGS) manage corporate information by applying controls, processes, retrievals, and metrics to the information stored on various premises. The objective of an information governance solution is to make data or information available to authentic users whenever required or requested to make informative business decisions. Information governance solution streamlines enterprise information management, ensures compliance, and reduces information storage costs. IGS enables organizations to be more agile to respond to the changing marketplace and reduces the legal risks associated with inconsistent or unmanaged information. Typically, information governance covers corporate information such as accounting and financial records, employee personal & financial information, and client & contract details. IGS enables an organization to ensure that information is handled efficiently, securely, and effectively to deliver best possible business decisions. Information governance solutions provide a framework to bring together all the legal aspects and organizational best practices to handle the information. 

Growing need of advanced information management solutions and stringent regulations pertaining to data privacy and security are expected to drive the global information governance solutions market during the forecast period. The Foreign Corrupt Practices Act, 1977, of the U.S. ensures accounting transparency requisites under the Securities Exchange Act. The act mandates organizations to attest to the authenticity of their records. Information management solutions provide electronic integrity to the information by making it authentic for legal procedures. Furthermore, the Health Insurance Portability and Accountability Act (HIPAA) of the U.S. impacts healthcare organizations and providers with respect to protection of patient and consumer privacy. Significant rise in the number of online transactions in the banking sector is also projected to boost information governance solutions market growth in the next few years. Substantial mobile penetration and various digital onboarding initiatives by banking services providers is leading to growth in number of online transactions. 

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The global information governance solutions market can be segmented based on component, type, end-use, and region. In terms of component, the information governance solutions market can be bifurcated into software and services. The software segment can be classified into cloud-based solutions and on-premise solutions. The services segment can be divided into professional services and managed services. Cloud-based information governance solutions help organizations improve productivity and efficiency by enabling users to access the solution anywhere, on any device. The cloud-based information governance solutions segment is projected to grow at a rapid pace during the forecast period. Based on type, the global information governance solutions market can be categorized into analytics, content management, information security, eDiscovery, information archiving, and others. In terms of end-use, the information governance solutions market can be classified into banking, financial services & insurance (BFSI), government, retail, manufacturing, IT & telecom, healthcare, and others. Regulated industries such as BFSI and healthcare have stringent rules pertaining to data security and data privacy. This is expected drive the two segments during the forecast period. Based on region, the global information governance solutions market can be segmented into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America and Europe are anticipated to hold significant market shares during the forecast period due to high adoption and awareness of information governance solutions in the regions. Developing countries in Asia Pacific such as India and China are anticipated to present lucrative opportunities in the information governance solutions market during the forecast period from 2017 to 2025. 

Regional players are expected to enter the global information governance solutions market due to rise in awareness about data security and data privacy. Major players operating in the global information governance solutions market are Ernst & Young LLP, Dell, Inc., Business Intelligence Associates, Inc. (BIA), Micro Focus International plc, Deloitte, IBM Corporation, AccessData, Microsoft Corporation, Symantec Corporation, and Amazon, Inc.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on: Market segments and sub-segments Market trends and dynamics Supply and demand Market size Current trends/opportunities/challenges Competitive landscape Technological breakthroughs Value chain and stakeholder analysis

The regional analysis covers: North America (U.S. and Canada) Latin America (Mexico, Brazil, Peru, Chile, and others) Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg) Eastern Europe (Poland and Russia) Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand) Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report: A complete backdrop analysis, which includes an assessment of the parent market Important changes in market dynamics Market segmentation up to the second or third level Historical, current, and projected size of the market from the standpoint of both value and volume Reporting and evaluation of recent industry developments Market shares and strategies of key players Emerging niche segments and regional markets An objective assessment of the trajectory of the market Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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