Emergen Research has recently published a detailed report on the global Master Data Management market formulated through extensive primary and secondary research. The report offers in-depth knowledge and analysis of the Master Data Management market through verified and validated data curated to offer accurate insights.
It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth 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.
The report is updated with the impact of the COVID-19 pandemic on the Master Data Management market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Master Data Management market has been positive or negative.
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The report further divides the Master Data Management market into key segments such as types, applications, end-user industries, technologies, and key regions of the market. The report also sheds light on the segment and region exhibiting promising growth in the Master Data Management market.
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
Segment33
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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.
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Regional Segmentation
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 report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
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