Cloud based Information Governance Market by End User (BFSI, Public Sector, Retail, Manufacturing, IT & Telecom, Healthcare, and Others)
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Information governance incorporates management of corporate information through the implementation of processes, roles, controls, and metrics that enable security associated with protection of business assets. Information governance facilitates the deployment of data for concerned users while reducing the operational costs, improving compliance, and streamlining the business process.
In addition, it enables organizations to reduce their legal risks and improves agility towards information management.
With the proliferation of cloud market and social media governance, information management is crucial for all corporate organizations.
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Rise in need for advanced information management solutions, technological advancements, and rise in legal threats among enterprises drive the growth of the global cloud-based information governance market. However, low awareness among end users towards the benefits associated with information governance is expected to impede the market growth.
Conversely, increase in demand for cloud-based solutions is expected to provide lucrative opportunities for the market during the forecast period.
The global cloud-based information governance market is segmented on the basis of end user and geography. Based on end user, the market is divided into BFSI, public sector, retail, manufacturing, IT & telecom, healthcare, and others.
Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The global cloud-based information governance market is dominated by the key players such as Ernst & Young, EMC Corporation, BIA, HP Autonomy, Deloitte, IBM, AccessData, Symantec Corporation, Microsoft Corporation, Amazon, and others.
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