Title: Master Data Management Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026
1Master Data Management Market Forecast (2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
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- Master Data Management (MDM) market size is
forecast to reach 26.4 billion by 2025, after
growing at a CAGR of 18 during 2020-2025. - Master data management deals with the information
sources related to product, location, supplier,
customer, and asset that drive a business. The
increasing usage of MDM eliminates redundancy and
costly inefficiencies by unreadable stored data. - Additionally, it satisfies the need for
businesses to increase the consistency and
quality of their key data assets which include
product data, customer data, location data, and
asset data.
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- Key Takeaways
- The growing popularity of MDM solutions coupled
with the increasing usage of data quality tools
for effective data management in the BFSI sector,
to enhance customer service and optimal
management of business risks associated with
banks, is likely to aid in the market growth of
MDM. - Increasing adoption of an on-premises deployed
software at data center to offer secured and
customized data to enterprises, will further
increase the market demand for MDM in the near
future. - North America dominates the master data
management market owing to the presence of
primary MDM solution providers.
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By Distribution Channel- Segment Analysis The
on-premises deployment segment occupied the major
share in the master data management market as of
2018. The deployment of MDM software in an
on-premise data center is preferred by the
enterprises, as it offers total control on the
security of enterprise sensitive data, such as
product data, enterprise asset details, customer
details, and supplier data. This data exists on
dedicated servers which has no connection with
other business data of the enterprise, thus data
is secured.
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- Master Data Management Industry Outlook
- IBM Corporation
- Informatica Corporation
- Oracle Corporation
- Orchestra Networks
- SAP AG
- Syncforce
- Talend
- SAS Institute
- TIBCO Software
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Master Data Management Market Forecast (2022 -
2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Master-Data-
Management-Market-Research-500874
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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