The Global Master Data Management Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the Master Data Management market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global master data management market size was USD 14.83 Billion in 2021 and is expected to register a revenue CAGR of 15.5% during the forecast period, according to latest analysis by Emergen Research. Rising incorporation of advanced technologies, such as big data and Artificial Intelligence (AI) with Master Data Management (MDM), is driving revenue growth of the market. AI and Machine Learning (ML) are data-hungry processes that are changing the industry. A cloud-based MDM applies AI and ML to automate data stewardship processes and provides actionable insights to business users. As data volume continues to grow, cloud MDM has to leverage AI and ML techniques to make data management process more convenient. For instance, Semarchy offers a master data management solution called xDM, which uses ML algorithms and provides stewardship and advanced matching, survivorship, curation, and classification.
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Additional information offered by the report:
- Along with a complete overview of the global Master Data Management market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Master Data Management market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
In conclusion, the Master Data Management Market report is an exhaustive database that will help readers formulate lucrative strategies. The Master Data Management Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
The major companies Covered in the report are:
International Business Machines (IBM) Corporation, Oracle, SAS Institute Inc., TIBCO Software Inc., Mindtree, Informatica, Syndigo LLC., Cloudera, Inc., Broadcom, PiLog Group, Pimcore, and Ataccama
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Master Data Management market expected to boost the growth of the industry in the coming years.
Master Data Management Market Segmentation:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Services
- Consulting
- Training & Support
- Others
- Solution
- Integration
- Others
- Services
- Deployment Outlook (Revenue, USD Billion; 2019–2030)
- On-premises
- Cloud
- Organization Size Outlook (Revenue, USD Billion; 2019–2030)
- Large Enterprises
- Small and Medium-Sized Enterprises (SMEs)
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Key Questions Answered in the Report:
What is the growth rate of the Master Data Management market? What is the anticipated market valuation of Master Data Management industry by?
What are the key growth driving and restraining factors of the Master Data Management market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Master Data Management industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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