The research analysts have formulated this report through thorough primary and secondary research with a detailed analysis of the drivers, restraints, challenges, trends, and opportunities to provide a panoramic view of the Master Data Management market .
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.
Emergen Research has recently published a detailed report on the global Master Data Management market formulated through extensive primary and secondary research. The Master Data Management Market research report is a comprehensive and vital document encompassing business strategies, qualitative and quantitative analysis, and emerging trends of the global Master Data Management market. The report offers in-depth research and assessment of the key elements of the global Master Data Management market.
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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; 2019โ2030)
- Services
- Consulting
- Training & Support
- Others
- Solution
- Integration
- Others
Deployment Outlook (Revenue, USD Billion; 2019โ2030)
- On-premises
- Cloud
Organization Size Outlook (Revenue, USD Billion; 2019โ2030)
- Large Enterprises
- Small and Medium-Sized Enterprises (SMEs)
The report also studies the key companies of the Master Data Management market along with analysis of their business strategies, M&A activities, investment plans, product portfolio, financial standing, gross profit margin, and production and manufacturing capacities. Some players analyzed in the report are:
Key companies operating in the Master Data Management market include:
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 Global Master Data Management Report is a panoramic study of the overall Master Data Management market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Master Data Management market. The report provides a detailed analysis of the key factors of the Master Data Management market that are expected to have a positive impact on the growth of the Master Data Management industry.
Some Key Highlights From the Report
- The cloud segment is expected to register a rapid growth rate during the forecast period. Large, medium, and small sized organizations are rapidly adopting cloud-based technologies to enhance business efficiency along with economic value. Cloud-MDM offers benefits of Software as a Service (SaaS) while not incurring a cost of hardware and software associated with it and no maintenance to pay.
- The healthcare segment is expected to grow at a steady rate due to rising demand for MDM solutions to organize, manage, and merge patient heathโs records. MDM ensures sharing of accurate and secure information among hospitals, labs, and specialists, which is essential for both patient safety and confidentiality and to provide efficiency and consistency in care. For this, IBM developed InfoSphere portfolio of Master Data Management (MDM) solutions that offer secure and efficient interoperability, which healthcare providers need to manage master data for single or multiple domains.
- The North America market accounted for largest revenue share in 2021 owing to rising innovation in master data management solutions and presence of key market players, such as Oracle, SAS Institute Inc., TIBCO Software Inc., IBM, and others, in the region.
- Some major companies in the global market report include International Business Machines (IBM) Corporation, Oracle, SAS Institute Inc., TIBCO Software Inc., Mindtree, Informatica, Syndigo LLC., Cloudera, Inc., Broadcom, PiLog Group, Pimcore, and Ataccama.
Regional Analysis Covers:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The all-inclusive report on the Global Master Data Management Market added Emergen Research demonstrates that the global Master Data Management market is presumed to grow at a steady CAGR throughout the forecast timeline. The report analyzed the key market drivers, restraints, growth opportunities, investment opportunities, threats, and limitations of the Master Data Management market. The report also offers accurate forecast estimation at a global and regional level to impart a better understanding of the scope of the market.
๐๐ฆ๐ฉ๐จ๐ซ๐ญ๐๐ง๐ญ ๐ญ๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ ๐๐ซ๐จ๐ฆ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ญ๐ก๐๐ญ ๐ฆ๐๐ฒ ๐ฉ๐ซ๐จ๐ฏ๐ ๐ข๐ง๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ญ๐จ ๐ฉ๐จ๐ญ๐๐ง๐ญ๐ข๐๐ฅ ๐ฌ๐ก๐๐ซ๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ:
- The Master Data Management market report enumerates, in excruciating detail, the product landscape of this vertical.
- Details related to the market share of every product type segment, their profit estimations, and the data pertaining to the production growth has been enumerated in the report.
- The report covers an in-depth assessment of the application range of the Master Data Management Market.
- Details about the market share accumulated by each application, product demand from each application, as well as the growth rate that every application will register over the forecast timeframe have been revealed in the study.
- Other pointers such as the raw material processing rate as well as the market concentration rate are explained in the report.
- The report also presents a gist of the most recent pricing trends as well as the anticipated growth prospects for the industry, alongside information about the manufacturing cost structure and downstream customers.
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
