Report Format: PDF
Published Date: Dec-2018 | 187 Pages | Report ID: VSR00857
Global Master Data Management Market Size is estimated to expand rapidly in coming years, at a CAGR of 19.25 % from 2018 to 2025. In 2018, the global market valuation was USD 9.7 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. In business, master data management refers to the method used to define and manage the critical data of an organization. In data computing, a master data management tool can be used to support data management by removing duplicate data and incorporating rules to eliminate incorrect data from entering the system. According to the research, North America is expected to be the highest growing region in the global market of master data management.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global master data mangement market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global master data management market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
By Deployment Type Insights: On the basis of deployment type, global master data management market has been segmented into cloud and on-premises. Among which cloud software segment is expected to grow at higher CAGR in global market. Cloud based software offers an efficient way to secure sensitive data, moreover, it reduces the cost associated with upgrading and updating the software. Cloud-deployed data management software provides data security and provides security from cyber-attacks which will further boost global master data management market in forecast period.
By Vertical Insights: On the basis of vertical, global master data management market has been segmented into BFSI, retail, manufacturing, and healthcare. Among which the healthcare industry is expected to be the highest growing segment in the global market of master data management. The healthcare industry needs accurate data and improved data quality, which is provided by master data management software. The healthcare industry is constantly growing industry and also includes life science, pharmaceutical and other industries which are expected to impact the global market of master data management.
Regional Analysis
The master data management market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, North America is expected to witness high growth in the upcoming time span. North America region is considered as an early adopter of advanced technologies and is occupied with technically advanced regions such as the US, Canada and Mexico. Moreover, sustainable and well-grown countries in the market of data management are expected to boost the global market in the forthcoming period. Asia Pacific region is expected to witness high growth in the market in the forecast period. Countries in Asia pacific region such as China, India and Japan are occupied with large number of SMEs. Data management and data security has been greatest concern in such organizations owing to the increasing number of security breaches, and cyber-attacks which in future expected to lift the global master data management market. Europe is anticipated to dominate the global master data management market over the projected period majorly owing to increasing number of security breaches and dispersed data.
Global Master Data Management Market Size, Share Analysis by Region 2018
Global Master Data Management Market Study Objective
1. To forecast the market size of master data management market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of master data management market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of the master data management market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of master data management market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the master data management market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
IBM, SAP, Oracle, SAS Institute, Teradata, Informatica, Talend, TIBCO Software, Riversand, SyncForce, Profisee Group, Reltio, Semarchy, Stibo Systems, and EnterWorks are some of the key players in the market of master data management.
Global Master Data Management Market Study Report Offer You!
The global master data management market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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