PUBLISHER: Orion Market Research | PRODUCT CODE: 1801788
PUBLISHER: Orion Market Research | PRODUCT CODE: 1801788
Cloud-Based Information Governance Market Size, Share & Trends Analysis Report by Component (Solutions, and Services), by Organization (Small and Medium-Sized Enterprises, and Large Enterprises), by Application (Risk Management, Incident Management, Compliance Management, Process Enterprises Management, Audit Management, and Data Quality and Security Management), and by Vertical (Banking, Financial Services and Insurance, Retail and Consumer Goods, Government, Healthcare, Manufacturing, Telecom and IT, Energy and Utilities, Transportation and Logistics, and Others) Forecast Period (2025-2035)
Industry Overview
Cloud-based information governance market was valued at $4,040 million in 2024 and is projected to grow at a CAGR of 17.4% during the forecast period (2025-2035). Cloud-based information governance involves establishing policies, processes, and tools to manage, secure, and control data and operations in cloud environments. The primary objective is to ensure that cloud resources are utilized securely, efficiently, and in compliance with both internal and external regulations. The framework encompasses essential aspects such as data security, risk management, compliance, cost control, and operational efficiency. Furthermore, cloud-based information governance is essential for organizations utilizing cloud services, as it promotes innovation while ensuring control, security, and compliance. In sectors such as healthcare and finance, controlling access to cloud resources, encrypting data, and preventing unauthorized access are particularly vital. Additionally, effective governance encompasses regulatory compliance, risk management, cost management, operational efficiency, access control, and support for multi-cloud and hybrid cloud infrastructures.
Market Dynamics
Enterprise Demand for Cloud-Native Data Management & Compliance
The growing demand for cloud-native, scalable platforms for data classification, lifecycle management, and compliance in the enterprise sector is a key driver propelling the market's growth. For instance, in May 2025, Informatica unveiled its Agentic AI offerings on its AI-powered cloud data management platform. The company's plan is based on its prior AI innovation track record, such as introducing CLAIRE GPT, CLAIRE, Copilot, and GenAI blueprints to significant cloud ecosystem partners. Informatica Intelligent Data Management Cloud platform includes AI Agent Engineering, a new service that allows organizations to design, integrate, and manage smart multi-agent AI systems rapidly, securely, and at scale. The service offers a single, no-code platform to orchestrate agents from different ecosystems, closing the chasm between innovation and enterprise operations. Differentiating capabilities encompass metadata-aware and context-intelligent, enterprise-level performance as well as a no-code, AI-native user interface.
Rising Adoption of Cloud-First Strategies
Cloud-first strategies are becoming increasingly popular with startups, government departments, and business organizations for increased innovation speed, secure cooperation, auditability, and company insight through sound information management. For instance, in June 2025, Amazon intended to spend $20 billion in Pennsylvania expanding its data center facilities for AI and cloud computing technology. Salem Township and Falls Township have been designated as future innovation campuses, with several other Pennsylvania communities also under consideration. Amazon's investments are geared towards enabling US AI leadership and driving innovation in industries, ranging from government agencies to startups.
Market Segmentation
Banking, Financial Services, and Insurance: A Key Segment in Market Growth
The expansion of fintech and digital banking depends on scalable, secure cloud infrastructure for regulatory reporting, customer data management, and real-time transactions. For instance, in April 2025, NxtGen launched India's first Financial Services Cloud (FSC), designed to meet the rigorous compliance, security, and data sovereignty demands of the banking sector. The platform ensures 100% data residency within India and offers zero exposure to foreign jurisdictions. It provides security features, disaster recovery, business continuity, and FinTech engagement. The platform has been benchmarked to perform better than global cloud providers and is a future-proof solution for the financial ecosystem of India.
The global cloud-based information governance market is further divided by region, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Rising Regulatory Compliance Demands in North America
The market growth is primarily driven by the increasing regulatory compliance demands in regulated industries, primarily facilitated by AI-driven supervision and LLM-based surveillance. For instance, in May 2025, Proofpoint launched a next-generation digital communications governance offering real-time search, AI-driven supervision and surveillance, and advanced archiving and compliance capabilities. It additionally deployed by six US financial services firms have additionally deployed a public cloud service to streamline digital communication channel management and tackle complex organizational issues. It provides next-gen archiving on Amazon Web Services with financial SLAs and compliance capabilities. It's used globally and supports next-gen machine learning, LLM-based surveillance, and AI-powered risk summarization.
Asia-Pacific Maintains Strong Market Position
Asia-Pacific holds a significant share driven by the government's cloud offerings, such as the new IFS Cloud, that enact robust data localization policies to retain financial information in India and under closer regulatory oversight. This move reduces reliance on foreign cloud vendors and aids India's cause in strengthening data sovereignty and compliance with local regulations. For instance, in November 2024, India's Reserve Bank planned to implement a cloud storage pilot program in 2025 for financial institutions. It aims to offer locally designed, secure, and affordable cloud storage solutions, competing against international tech giants. RBI is moving into cloud services, standing up against incumbent market leaders such as AWS, Microsoft Azure, Google Cloud, and IBM Cloud. The RBI approach utilizes domestic talent and resources to offer a competitive solution, enable growth of domestic IT companies, and reduce the cost of cloud storage for small financial institutions, thereby helping build a stronger financial ecosystem in India and encouraging self-reliance in critical digital infrastructure.
The major companies operating in the global cloud-based information governance market include Amazon Web Services, Inc., Google LLC, IBM Corp., Microsoft Corp., and Oracle Corp., among others. Market players are leveraging partnerships, collaborations, mergers, and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments