The newly Master Data Management (MDM) market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
In business, master data management (MDM) is a method used to define and manage the critical data of an organization to provide, with data integration, a single point of reference. The data that is mastered may include reference data- the set of permissible values, and the analytical data that supports decision making. In computing, a master data management tool can be used to support master data management by removing duplicates, standardizing data (mass maintaining), and incorporating rules to eliminate incorrect data from entering the system in order to create an authoritative source of master data.
On the basis of products, the various types include Consulting, Implementation, and Training & Support. On the basis of application, the Master Data Management (MDM) market is segmented into Customer Data, Product Data, Supplier Data, and Others.
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Market Insights
According to a new research study, the Master Data Management (MDM) market size is expected to reach USD 3,810 million by 2026 from USD 1,182 million in 2019, with a compound annual growth rate of 18.20% during the forecast period. The growth can be mainly attributed to the increasing global need for compliance and verification and the growing size of centrally accumulated data management. However, issues concerning data security and vulnerability of attacks can pose a challenge to market growth.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
North America is the global market leader at a share of 35.24%, owing to the presence of the majority of key players and early adoption of new technologies such as IoT and artificial intelligence (AI). Asia-Pacific is currently leading Europe with a market share of 30.14% and 25.85%. Asia-Pacific is expected to witness high growth in the coming years, owing to growth in the IT & telecommunication sector.
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Competitive Players
The Master Data Management (MDM) market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are SAP, Oracle, IBM, Informatica, and Stibo Systems. Other prominent vendors in the market are TIBCO Software, Riversand Technologies, Orchestra Networks, EnterWorks, Magnitude, Talend, SAS Institute, Microsoft, KPMG, Teradata Corporation, Software AG, Agility Multichannel, VisionWare, SupplyOn AG, Sunway World, Yonyou, and others.
Target Audience for this Report
l Master Data Management (MDM) manufacturers
l Master Data Management (MDM) importers and exporters
l Master Data Management (MDM) traders, distributors, and suppliers
l Master Data Management (MDM) industry associations
l Product managers, Master Data Management (MDM) industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Master Data Management (MDM) Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Master Data Management (MDM) Market by Types
4 Segmentation of Master Data Management (MDM) Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Master Data Management (MDM) Market in Major Countries
7 North America Master Data Management (MDM) Landscape Analysis
8 Europe Master Data Management (MDM) Landscape Analysis
9 Asia Pacific Master Data Management (MDM) Landscape Analysis
10 Latin America, Middle East & Africa Master Data Management (MDM) Landscape Analysis
11 Major Players Profile
11.1 SAP
11.1.1 SAP Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Oracle
11.3 IBM
11.4 Informatica
11.5 Stibo Systems
11.6 TIBCO Software
11.7 Riversand Technologies
11.8 Orchestra Networks
11.9 EnterWorks
11.10 Magnitude
11.11 Talend
11.12 SAS Institute
11.13 Microsoft
11.14 KPMG
11.15 Teradata Corporation
11.16 Software AG
11.17 Agility Multichannel
11.18 VisionWare
11.19 SupplyOn AG
11.20 Sunway World
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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