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Master Data Management Market - Empowering Future Innovation in Corporation Industry | IBM Corporation, Tibco Software, SAP AG, SAS Institute Inc., Riversand Technologies

03-12-2020 02:36 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Master Data Management Market

Master Data Management Market

Master data management (or MDM) in business consists of different solutions, services, and standards which help enterprises manage their master data. Master data comprises confidential and critical business data regarding customers, products, financial transactions, suppliers, and others. Emergence of MDM has enabled enterprises to collate and manage master data and utilize it for data analytics and effective decision making. MDM enhances operational efficiency of organizations along with improved decision making capabilities. MDM makes it convenient to use data for different business operations as to boost operational as well as business performance and offer enhanced customer services. The master data management market today is influenced by many drivers, restrains and opportunities. Indispensable need to install centrally located or managed data, growing requirements for verification and compliance, and multiplying needs for excellent business performance and data quality are some of the many factors driving the MDM market. However, current apprehensions over data security as well as lack of awareness about the advantages associated with the data management solutions are the prime factors hindering the progress of the market. Nonetheless, incorporation of integrated vendor solutions is anticipated to offer new opportunities to the service providers.

The master data management market is segmented in terms of applications, end users, deployment models, industries, and geography. In terms of application, the market is segmented into product data, supplier data, customer data, and others. The deployment models favoured by enterprises consists of on premise and cloudbased model. Small and medium business enterprises and large enterprises are considered to be a major end users of the market. Industries served by the master data management market include BFSI, IT and telecom, media and entertainment, healthcare, retail, manufacturing, and others. Regions expected to observe tremendous growth in the MDM market are North America, Europe, Asia-Pacific and LAMEA.

Download Report Sample (320 Pages PDF with Insights) https://www.alliedmarketresearch.com/request-sample/775

In recent times, major market players are seen investing generously in research and development. Likewise, these brands are also exploring new markets to make their presence felt and increase their customer database. Business strategies such as joint venture, and acquisitions and mergers have further helped the prominent vendors to expand their product portfolio. Some of the many prominent leaders include of IBM Corporation, Tibco Software, SAP AG, SAS Institute Inc., Riversand Technologies, Teradata Corporation and others.

The master data management market is segmented into service, end user, and geography. By services, it is classified into consulting & planning, integration, professional, and support & maintenance. The end user segment is categorized into small & medium enterprises, and large enterprises. Geographically, the market is analyzed across North America (U.S., Mexico, and Canada), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (Japan, China, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Inquire More About This Report Before Making Decision To Purchase: https://www.alliedmarketresearch.com/purchase-enquiry/775

This report provides a comprehensive analysis of

- Top impacting Growth Factors
- Competitive Analysis of Leading Market Players
- Current and Future Market Trends
- Market Segmentation
- Revenue Estimation by 2027

Access full summary report at https://www.alliedmarketresearch.com/master-data-management-market

MASTER DATA MANAGEMENT MARKET SEGMENTS

Market By Application
o Supplier Data
o Product Data
o Customer data
o Others

Market By Deployments Model
o On premise
o Cloudbased

Market By End-Customers

o Small and Medium Business Enterprises
o Large Business Enterprises

Market By Industry

o BFSI
o Healthcare
o IT & Telecom
o Retail
o Manufacturing
o Media & Entertainment
o Others

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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