Government Open Data Management Platform Market Size By Product Type (On Premise, Cloud Based), By Application (Public, Private), By Organization Type (Large Enterprise, SMEs), By Geographic Scope And Forecast

Government Open Data Management Platform Market Size And Forecast

Government Open Data Management Platform Market size was valued at USD 141.17 Million in 2020 and is projected to reach USD 323.08 Million by 2028, growing at a CAGR of 8.54% from 2021 to 2028.

The presence of digital marketing plays a vital role in the growth of the open data management platforms market. The Global Government Open Data Management Platform Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Government Open Data Management Platform Market Definition

The open data management (ODM) platform is an integrated software suite that consists of an open data portal, metadata management, a library of public APIs and data analytics, and visualization and reporting tools. An ODM platform can be developed from open-source software (OSS) and be managed on-premises, or hosted and supported as a service by an open data service provider. The ODM platform supports the collection, discovery, enhancement, analysis, and sharing of data, data cataloging, data storage, and data publication in one or more machine-readable formats. The ODM platform serves as the central web portal where government employees, lay citizens, researchers, civic hackers, and for-profit companies can search, access, analyze or download and use government data for free.

Global Government Open Data Management Platform Market Overview

The presence of digital marketing plays a vital role in the growth of the open data management platforms market. The marketing and advertising agencies have grown more competitive over the past few years, also personalization of ads to various target markets has increased which has led to many agencies adopting Open DMPs. It can easily unify data from multiple sources and also segment the users into different categories based on their behavior patterns. This intuitiveness has driven many marketers to shift to ODMPs. These are the major driving factors of marketers adopting ODMPs. The readers will gain insight into the upcoming trends and developments that may take place in the coming future. However, the challenges that are being faced are that sometimes based on the information available from an ODMP, a marketer may come up with some strategy, but it becomes counterproductive if the user has already purchased that item from somewhere else.

Global Government Open Data Management Platform MarketSegmentation Analysis

The Global Government Open Data Management Platform Market is segmented on the basis of Product Type, Application, Organization Type, And Geography.

Government Open Data Management Platform Market, By Product Type

• On Premise• Cloud Based

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Cloud based platform solutions are being significantly adopted in the market. Cloud based solution enable enterprise to focus on core business competencies. One of the major factor driving the cloud based Government Open Data Management Platform market is the growing the adoption of cloud computing and public cloud based services that saves up costs for budgets and offers other benefits such as better controlling of data, information assets and its users.

Government Open Data Management Platform Market, By Application

• Public• Private

Public organizations are the companies that are listed on a stock exchange and sell their securities to the general public to raise funds. The shareholders of the public listed company can sell securities freely on a stock exchange. Most of the government entities are public companies that fall under government sector of a country. High demand for open data management platforms is rising across these public organizations to build a substantial open data ecosystem. Many non-governmental public companies also seek to adopt government open data management platform to find datasets and resources published by Government Ministry/Department/State. Many public organizations are implementing government open data management platform solutions as these platforms also act as a knowledge-sharing platform through online communities, helping the public companies to boost their community engagement programs.

Government Open Data Management Platform Market, By Organization Type

• Large Enterprise• SMEs

Large enterprises are defined as enterprises with employee strength of more than 1000 employees. Large enterprises are working with more data than ever before in terms of imagery to 3D, real-time, and big data, the volume and types of data are constantly increasing. This drives the adoption of Open Data Management Platform across various large enterprises that seek customer data, environmental data, or even sensor data. The Open Data Management Platform empowers the team in large enterprises to make decisions and enhancing productivity across the organization. With the help of Open Data Management Platform large enterprises are capable of spatial data storage and GIS data management to better collect, store, maintain, prepare, and share required data.

Government Open Data Management Platform Market, By Geography

• North America• Europe• Asia-Pacific• RoW

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In the North America region, there has been increasing technological advancements and investments made by companies to enhance open data management platforms. Due to this the market in this region is expected to dominate during the forecast period. The North America region has witnessed increasing adoption of IoT technologies across various industry verticals, growing demand for instantaneous data processing, and rising adoption of the cloud-based open data management platforms, further boosting the market growth in this region. Furthermore, the region witnesses the presence of major players that help generate significant market revenue across this region. These players are investing heavily in research and development of open data management platform products and solutions to cater to various applications across a wide spectrum of industry verticals.

Key Players

The major players in the market are Junar, Esri, Civicactions, Opengov, Socrata, Viderum, and Opendatasoft. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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