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Lucrative Opportunities for Data Quality Management Market Slated in a New Market Research Report
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Data quality plays an important role in data analysis as well as in taking decisions whether the data is correct or not. Standardized data quality processes help in accessing and extracting the information easier. Widespread data management capabilities combined with enterprise data quality management tools help organizations to meet organizational goals.
Real-time data standardization helps in increasing adoption of data analytics. This factor resulted in the huge growth of data quality management market.
Complexity in the integration of data from multiple sources is expected to hamper the growth of data quality management market.
Automated data cleansing and profiling tools are the latest tools used in data management which is expected to create opportunities for data quality management market.
Few prominent players in Data Quality Management market include Information Builders, Talend, Microsoft Corporation, Syncsort, IBM Corporation, Pitney Bowes Inc., Informatica, Oracle Corporation, SAP SE, SAS Institute Inc. and Experian PLC.
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Presently, North America is expected to dominate the Data Quality Management market owing to technological advancements in data quality management in this region. Data Quality Management market in Europe and Asia Pacific is expected to witness a significant demand over the future owing to increasing demand of management tools by the various organization in order to eliminate inconsistent and unusable data. Latin America and MEA are expected to contribute to significant growth in the coming years.
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