Press release
Navigating Data Quality Tools Market Trends: USD 2.1 Billion Value in 2023 and Boasting a CAGR of 18.5% Projections by 2030
According to MarkNtel Advisors, the Global Data Quality Tools Market By Deployment (Cloud-based, On-Premise), By Component (Software, Services), By Size of the Organization (Small and Medium Enterprises, Large Enterprises), By End-User (BFSI, Government, Retail and E-commerce, Healthcare, IT & Telecom, Others) and others (2024-30). The comprehensive market analysis contains various aspects, including market size, regional market share, historical market trends, and future forecasts from 2024-30. The study outlines the prevailing drivers, restraints, unmet needs, and emerging trends within the market.
Global Data Quality Tools Market Insights: 2024-30
The Global Data Quality Tools Market size was valued at USD 2.1 billion in 2022 and is projected to grow at a CAGR of around 18.5% during the forecast period, i.e., 2024-30.
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Industry Opportunity:
Leveraging Advanced Technologies for Data Quality Paired with Incorporation of External Data Sources - Internal data generation has reached unparalleled levels as numerous industries continue to embrace digital transformation and leverage advanced technologies like AI, ML, and IoT. For instance, Pyramid Analytics raised USD 120 million in a Series E round of funding with its flagship platform, Pyramids Decision Intelligence, which combines business analytics, data preparation, and data science capabilities with AI guidance functionality.
Global Data Quality Tools Market Segmentation:
The study conducts an in-depth analysis of existing designs and other fundamental features, estimating market size with a focus on value share, price, and production. The report also provides insights into application overviews based on consumption patterns. Leveraging Porter's five forces analysis, the report offers predictive insights into how the industry is poised to evolve. The prominent segments in the market are,
By Deployment
-Cloud-based - Market Size & Forecast 2019-2030, USD Million
-On-Premise - Market Size & Forecast 2019-2030, USD Million
By Size of the Organization
-Small and Medium Enterprises - Market Size & Forecast 2019-2030, USD Million
-Large Enterprises - Market Size & Forecast 2019-2030, USD Million
By Component
-Software - Market Size & Forecast 2019-2030, USD Million
-Services- Market Size & Forecast 2019-2030, USD Million
By End-User
-BFSI- Market Size & Forecast 2019-2030, USD Million
-Government- Market Size & Forecast 2019-2030, USD Million
-Retail and E-commerce- Market Size & Forecast 2019-2030, USD Million
-Healthcare- Market Size & Forecast 2019-2030, USD Million
-IT & Telecom- Market Size & Forecast 2019-2030, USD Million
-Others- Market Size & Forecast 2019-2030, USD Million
By Region
-North America
-South America
-Europe
-Asia-Pacific
-The Middle East and Africa
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Global Data Quality Tools Market Landscape for Competitors
A thorough examination of competitors is conducted, delving into market share, noteworthy developments, and crucial business strategies. Also, the research examines current breakthroughs, significant advancements, and pertinent details about start-ups in the industry. The report provides a rich repository of information on market entry strategies, the regulatory landscape, and reimbursement scenarios. The key players in the Data Quality Tools Market are
-IBM Corporation
-Oracle Corporation
-SAP SE
-SAS Institute Inc
-Talend Inc.
-Information Builders Inc
-Experian PLC
-Ataccama Corporation
-Syncsort Inc.
-Pitney Bowes Inc.
-Informatica
-International Business Machines Corporation
-Tamr
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Frequently Asked Questions Data Quality Tools Market
-What is the expected market share, CAGR, and Market valuation in USD for the forecast period, 2024-30?
-How do supply and consumption factors contribute to the Data Quality Tools Market landscape?
-How do import and export considerations impact the Data Quality Tools Industry?
-What obstacles do businesses encounter in the Data Quality Tools Market, and how can they leverage opportunities within it?
-What regulatory factors play a role in shaping the Data Quality Tools Market?
-In what ways has technology impacted the overall landscape of the Data Quality Tools Market?
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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