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The master data management (MDM) solutions market is forecasted to grow by USD 20.29 billion during 2023-2028, accelerating at a CAGR of 16.72% during the forecast period. The report on the master data management (MDM) solutions market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing volume and complexity of data, the growing need to improve business efficiency, and increased dependency on the Internet for critical operations.
The master data management (MDM) solutions market is segmented as below:
By Deployment
- Cloud
- On-premises
By End-user
- BFSI
- Healthcare
- Retail
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing advances in natural language processing (NLP), ML, and AI technologies as one of the prime reasons driving the master data management (MDM) solutions market growth during the next few years. Also, an increase in mobility solutions and the flourishing medical tourism industry globally will lead to sizable demand in the market.
The report on the master data management (MDM) solutions market covers the following areas:
- Master data management (MDM) solutions market sizing
- Master data management (MDM) solutions market forecast
- Master data management (MDM) solutions market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading master data management (MDM) solutions market vendors that include Adastra Crop., Broadcom Inc., Cloudera Inc., Contentserv Swiss GmbH, Informatica Inc., International Business Machines Corp., LTIMindtree Ltd., Open Text Corp., Oracle Corp., PiLog Group, Profisee Group Inc., QlikTech international AB, Reltio Inc., SAP SE, SAS Institute Inc., Semarchy, Syndigo LLC, Teradata Corp., TIBCO Software Inc., Veeva Systems Inc., and Stibo Systems. Also, the master data management (MDM) solutions market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The analyst recognizes the following companies as the key players in the global master data management (MDM) solutions market: Adastra Crop., Broadcom Inc., Cloudera Inc., Contentserv Swiss GmbH, Informatica Inc., International Business Machines Corp., LTIMindtree Ltd., Open Text Corp., Oracle Corp., PiLog Group, Profisee Group Inc., QlikTech international AB, Reltio Inc., SAP SE, SAS Institute Inc., Semarchy, Syndigo LLC, Teradata Corp., TIBCO Software Inc., Veeva Systems Inc., and Stibo Systems.Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is growing advances in natural language processing (NLP), ML, and AI technologies.'
According to the report, one of the major drivers for this market is the increasing volume and complexity of data.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adastra Crop.
- Broadcom Inc.
- Cloudera Inc.
- Contentserv Swiss GmbH
- Informatica Inc.
- International Business Machines Corp.
- LTIMindtree Ltd.
- Open Text Corp.
- Oracle Corp.
- PiLog Group
- Profisee Group Inc.
- QlikTech international AB
- Reltio Inc.
- SAP SE
- SAS Institute Inc.
- Semarchy
- Syndigo LLC
- Teradata Corp.
- TIBCO Software Inc.
- Veeva Systems Inc.
- Stibo Systems
