This market research study segments the global information governance (IG) in social business market by products (information governance software and services in social business) and geography (Americas, EMEA, APAC). The leading companies in the information governance in social business market are Accenture, ASG Software, Autonomy, FTI Consulting, IBM, and Iron Mountain.
Technavio’s market research analysts estimate the global information governance in social business market to grow at a CAGR of around 12% between 2015 and 2019. Currently, the Americas dominate the market, occupying around 68% of the total market share. It is a mature market in terms of the deployment of IG services because of proactive government bodies. APAC is estimated to be the fastest-growing region over the next four years, thanks to higher involvement of government agencies in social business and media.
The new market research report from Technavio provides a breakdown and analysis of the information governance segments by technology.
“Presently, companies are increasingly undertaking internal governance due to constant media interventions in corporate activities. They are opting out for quicker ways to manage business, which necessitates effective governance. Consequently, companies are outsourcing their IG services to some popular IT players. Companies are expanding their sharing platforms and data sources that include the cloud and mobile and social channels,” says Navin Rajendra, Lead Analyst, IT Services, Technavio Research.
Government and regulatory organizations dominate the market for information governance in social businesses, primarily due to increasing regulatory audits and civil litigations. Governments of several countries, such as South Africa and Japan, are taking initiatives to establish a well-defined e-discovery process in their agencies.
The global information governance in social business market includes Accenture, ASG Software, Autonomy, FTI Consulting, IBM, and Iron Mountain. There are quite a few players in the market that have been providing information governance solutions for many years. In the current scenario, companies are choosing to develop an economical cost structure by adopting a comprehensive and holistic GRC solution to understand enterprise-wide risks.
A more detailed analysis is available in the Technavio report, Global Information Governance in Social Business 2015-2019 – Market Analysis, Trends, and Forecast.
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