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Global Master Data Management (MDM) Market to Expand with Significant CAGR During 2019-2024

02-05-2019 10:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market.Biz

Global Master Data Management (MDM) Market to Expand with

Master Data Management (MDM) is a method of helping organizations in linking all critical and important data to a master file.

MDM is the process of the collection of best data management practices. The benefits of the Master Data Management (MDM) model increase as the number and diversity of organizational units, the role of workers, and the expansion of computing applications. MDM may be more valuable to large or complex businesses than small, medium, or simple businesses. Master data management can facilitate the operation of a variety of system architectures, platforms and applications.

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Scope of the Report:
This report studies the Master Data Management (MDM) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Master Data Management (MDM) market by product type and applications/end industries.
The key industries are: Banking, Finance and Insurance (BFSI); IT and Telecommunications, Government & Health Care, Manufacturing & Logistics, Others. Manufacturing & Logistics was the largest application which took up about 25.5% of the global total in 2017, closely followed by Banking, Finance and Insurance (BFSI); IT and Telecommunications.

The Leading growing markets are China, India, Southeast Asia, etc. USA, Europe, Japan, etc. are the mature market with lower growth rate.

USA is the largest consumption countries of master data management in the world in the past few years and it will keep increasing in the next few years. USA market took up about 35% the global market in 2017, while Europe was about 30%, and China is followed with the share about 10%.

USA, Denmark, UK and China are now the key developers of master data management. There are some other vendors, such as Sunway World, Yonyou, etc. in China, but the Chinese market is still controlled by foreign vendors.

SAP, Oracle, IBM, Informatica, Stibo Systems, TIBCO Software, Riversand Technologies, Orchestra Networks, EnterWorks and Magnitude are the key suppliers in the global Master data management market. Top 10 took up about 50% of the global market in 2017. Abroad vendors took up more than 50% of the Chinese market.

The global Master Data Management (MDM) market is valued at 2890 million USD in 2017 and is expected to reach 6880 million USD by the end of 2023, growing at a CAGR of 15.6% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Master Data Management (MDM).
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

Market Segment by Companies, this report covers
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

Market Segment by Regions, regional analysis covers
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, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Customer Data
Product Data
Others

Market Segment by Applications, can be divided into
Banking, Finance and Insurance (BFSI)
IT and Telecommunications
Government & Health Care
Manufacturing & Logistics
Others

Query Regarding this Report @ https://bit.ly/2UFpmnC

There are 15 Chapters to deeply display the global Master Data Management (MDM) market.
Chapter 1, to describe Master Data Management (MDM) Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Master Data Management (MDM), with sales, revenue, and price of Master Data Management (MDM), in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Master Data Management (MDM), for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Master Data Management (MDM) market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Master Data Management (MDM) sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

For More Details : https://market.biz/report/global-master-data-management-market-gir/153786/

Market.Biz has access to the world’s most comprehensive and up-to-date databases in your business sector, including countless market reports that can provide you with valuable data relating to your business. We understand the needs of our clients, and keep our reports updated as market requirement changes.

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