Harnessing the Power of Data: Why Enterprise Data Management is Key to Business Success
The global enterprise data management market size was estimated at USD 110.53 billion in 2024 and is anticipated to grow at a CAGR of 12.4% from 2025 to 2030. Several key factors drive the Enterprise Data Management (EDM) market. The exponential growth of data generated by businesses necessitates efficient data management solutions to harness this information for decision-making and competitive advantage. Increasing regulatory requirements for data privacy and security compels organizations to adopt robust EDM practices to ensure compliance. The rise of cloud computing and advancements in data analytics technologies also propel the market, enabling more scalable and sophisticated data management capabilities. The increasing need for robust risk management strategies is driving the adoption of EDM software. As organizations collect and store vast amounts of data, the potential for security breaches, regulatory non-compliance, and compromised data integrity becomes a s...