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Industry Landscape
The data management and governance industry is experiencing robust growth driven by increasing data volumes, regulatory compliance needs (e.g., GDPR), and the shift to cloud environments. Organizations are seeking specialized expertise to leverage data for competitive advantage, address security concerns, and build data-driven cultures. Demand for solutions in data lineage, metadata management, and specific tools like Collibra and Solidatus is high, particularly in regulated sectors.
Total Assets Under Management (AUM)
Data Governance Market Size in United Kingdom
~Approximately 700 million USD
(25.0% CAGR)
- Increased focus on data privacy and security regulations.
- Growing adoption of cloud-based data solutions.
- Need for improved data quality and analytics capabilities.
Total Addressable Market
700 million USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-driven Data Governance
AI and Machine Learning are increasingly being used to automate data discovery, metadata management, quality checks, and policy enforcement, significantly improving efficiency and accuracy in data governance.
Data Mesh Architectures
This decentralized architectural approach treats data as a product, empowering domain teams to own and serve their data, leading to greater agility and scalability in data management.
Homomorphic Encryption
This advanced cryptographic technique allows computation on encrypted data without decrypting it, offering unprecedented privacy and security for data in use, critical for sensitive data operations.
Impactful Policy Frameworks
UK GDPR (Data Protection Act 2018)
The UK GDPR, enacted via the Data Protection Act 2018, is the primary data protection law in the UK, governing how personal data is collected, stored, processed, and shared.
It mandates stringent data governance and management practices for businesses, increasing demand for compliance-focused data solutions and expertise.
Online Safety Act 2023
The Online Safety Act 2023 introduces new duties of care for online service providers to protect users from illegal and harmful content, including provisions related to data handling and transparency.
While primarily focused on content, it indirectly emphasizes data governance and transparency requirements, particularly for platforms handling user data, pushing for better data quality and ethical use.
Product Security and Telecommunications Infrastructure Act 2022
The PSTI Act 2022 aims to enhance the security of internet-connectable products and regulate telecommunications infrastructure, including provisions for data security within these devices.
It requires manufacturers and importers of 'smart' products to adhere to security standards, increasing the need for robust data security and governance practices within the IoT and connected device ecosystem.
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