ResearchAndMarkets.com’s offering. The data governance market is expected to register a CAGR of over 21.44%, during the forecast period, 2021 – 2026, and it is expected to reach a value of USD 5.28 billion by 2026. The amount of data created by devices is nearly 100 times greater than the amount of data stored, according to the Cisco Global Cloud Index. According to Forbes, there are 2.5 quintillion bytes of data created each day at the current pace, but that pace is only accelerating the growth of the Internet of Things (IoT). According to the Aureus Analytics report, the world’s data volume is expected to grow by 40% per year and 50 times by 2020. Human and machine-generated data are experiencing an overall growth of data, 10 times larger than traditional business data. With the growing new technologies, such as IoT and the artificial intelligence companies, such as Walmart, are adopting data governance solutions to ensure enterprise data is authorized and organized in a database, with as few errors as possible while maintaining, both privacy and security.