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. Master data are the products, accounts and parties for which the business transactions are completed
The global master data management (MDM) market which projected US$ 9.5 billion out of 2019, is foreseen to achieve US$ +22 billion by 2025, developing at a CAGR of approximately +18.3% in the midst of the estimate time span of 2019-2025.
In the new research report, titled “Global Master Data Management (MDM) Market” the report highlights the important trends and dynamics affecting the growth of the market, including the limitations, drivers, and opportunities. A number of research tools such as Porter’s five forces analysis and SWOT analysis have been exercised to provide a precise understanding of this market. The report gives data on the technological progressions that are bound to happen in the upcoming years or are happening as of now. Additionally, the opportunities and challenges faced by the main player’s leading the Global Master Data Management (MDM) Market have been recommended.
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Top Key Players:
SAP, Oracle, IBM, Informatica, Stibo Systems, 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.
Regionally, the report explores the impending of the Global Master Data Management (MDM) Market in North America, Europe, Asia-Pacific (APAC), Middle East & Africa and Latin America. In addition to this, the countries generating high revenue in these mentioned regions have also been examined along with comprehensive coverage and innovation in these countries. The challenge for this market is the augmented use of casting and stamping process. The industry entails expanding the efficiency of logistics to meet the needs of the IT industry.
The segments of the Global Master Data Management (MDM) Market study integrates the growth conditions and definition of the market modules. The global market is categorized into its type, product type, material type, application, vertical, and end-use applications. In the next piece, the market has been categorized in terms of presentation. The presentation segments of the Global Master Data Management (MDM) Market are also mentioned in this statistical surveying research report.
In the next section of the report, the primary factors affecting the improvement of the market have been presented. The increasing necessity for real-time monitoring of projects and automation and the growing preference of customers for linked devices are raising the requisite of Global Master Data Management (MDM) Market. Furthermore, the soaring number of supportive government ingenuities has raised the adoption of market products internationally.
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Master Data Management (MDM) Market Segmentation by Product Type
Master Data Management (MDM) Market Segmentation by Application
- Product Data Management
- Customer Data Management
- Supplier Data Management
Segment By Regions/Countries, This Master Data Management (MDM) Market Report Covers
- Banking, Finance and Insurance (BFSI)
- IT and Telecommunications
- Government & Health Care
- Manufacturing & Logistics
In This Study, The Years Considered To Estimate The Market Size Of Master Data Management (MDM) Are As Follows:
- North America
- Central & South America
- Middle East & Africa
Table Of Content:
The Global Master Data Management (MDM) Market Report Contains:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2025
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- Global market overview
- Global market competition by manufacturers, type and application
- USA/China/Japan/Europe/India and Southeast Asia are the regional analysis of master data management (MDM) (volume, value and sales price)
- Analysis of the global market by the manufacturer
- Master data management (MDM) manufacturing cost analysis
- Industrial chain, sourcing strategy, and downstream buyers
- Marketing strategy analysis, distributors/traders
- Market effect factors analysis
- Global market forecast (2019-2025)
- Conclusion of the global master data management (MDM) market
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