Master Data Management (MDM) Market is expected to bring nearly US$ 10,000 Million revenues by 2026
According to Fact.MR, a splendid expansion at a CAGR of over 15% has been projected for the global MDM BPO market through the forecast period, 2017 to 2026. Revenues from MDM BPO services offered across the globe are estimated to exceed US$ 10,000 Mn by 2026-end.Get detailed COVID-19 impact analysis on the MDM BPO Market:
https://www.factmr.com/report/386/mdm-bpo-market
Stereotypical Organizing & Process Huge Data Volume Creating Demand for MDM BPOs
Management of data has gained extreme importance for efficient running of businesses, with back office data management being need of the hour. Companies require to exert control over daily data volumes, which aggregate in electronic and paper format.
Organizing and processing huge data quantity has become stereotypical. Without effective master data management systems, organizations tend to end up with faulty and inaccurate data, misplaced data, and missing data in their databases, which can lead toward colossal errors during critical business decision making. Companies therefore outsource processes related to management of their data, in order to dedicate their valuable time for more mission-critical tasks, creating demand for MDM BPOs.
Click Here To get a Sample (Including Full TOC, Table & Figures)
https://www.factmr.com/connectus/sample?flag=S&rep_id=386
With master data management being the easiest back office operation to outsource, organizations are greatly benefitting from the services offered by the MDM BPOs. Various BPOs across the globe are providing professional best-in-class, time-sensitive and cost-effective data master data management services in a bid to lure more customers and expand their market reach.
Managing multiple MDM domains is a key trend being witnessed in the market. Multidomain MDM capabilities of several BPOs have been steadily improving. However, the picture is complex, and there is high possibility of customers ending up with a single product unable to cater their requirements, or poorly integrated multiple products.
Access Research Methodology Prepared By Experts
https://www.factmr.com/connectus/sample?flag=RM&rep_id=386
6 Key Projections on Future of MDM BPO Market for Forecast Period 2017-2026
North America and Europe are anticipated to remain the most lucrative regions for expansion of the MDM BPO market. Revenues from the markets in these two regions are projected to account for roughly equal shares of the market by 2026-end. The market in Asia-pacific excluding Japan is projected to exhibit the fastest expansion through 2026.
In contrast, the market in Middle East & Africa is projected to reflect the slowest expansion through 2026.
On the basis of data type, customer centric MDM will continue to be the leading revenue contributor to the global MDM BPO market. Revenues from enterprise centric MDM will also remain high, and are projected to account for roughly one-third market share by 2026-end. Supply centric MDM will remain the least lucrative data type segment in the market.
HR is expected to retain its position of being the leading function of MDM BPO, followed by finance and accounting. Revenues from these two MDM BPO functions will hold more than half share of the market by 2026-end. Although the market revenue share of procurements will remain relatively lower, this function segment is projected to register the highest CAGR in the market through 2026.
On the basis of industry, the largest revenue share of the market will continue to be accounted by manufacturing, followed by BFSI. Revenues from the provision of MDM BPO services to these two industries are collectively forecast to surpass US$ 4,500 Mn by 2026-end. Aerospace & defense and IT & telecommunication are projected to remain the least profitable industries in the global MDM BPO market.
Connect To an Expert
https://www.factmr.com/connectus/sample?flag=AE&rep_id=386
In 2017, large enterprise spearheaded the global MDM BPO market. However, small & medium enterprises are expected to outgrow large enterprises in the market by 2026-end.
Key market players identified by the report include Informatica, Oracle Corporation, IBM Corporation, TIBCO Software, SAP, Genpact, Cap Gemini, Infosys Limited, Magnitude Software, Riversand Technologies, Inc., Talend, Orchestra Networks, and TCS.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
About Fact.MR:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Master Data Management (MDM) Market is expected to bring nearly US$ 10,000 Million revenues by 2026 here
News-ID: 2263537 • Views: …
More Releases from Fact.MR
System Integration Market Is Projected To Rise At A CAGR Of 18.7% Through 2034: …
The global system integration market is estimated to have a valuation of US$ 401.8 billion in 2024. Projections put the CAGR of the market for the 2024 to 2034 period at a remarkable 18.7%. The market's growth over the forecast period is set to inflate significantly, reaching a projected value of US$ 2,236.6 billion by 2034.
The System Integration Industry sales study offers a comprehensive analysis on diverse features including production…
Bromelain Market Is Forecasted To Reach US$ 56.2 Million By The End Of 2034: Fac …
Bromelain market size is pegged at US$ 27.3 million for 2024. Worldwide demand for bromelain is predicted to increase at a robust CAGR of 7.5% and reach a market value of US$ 56.2 million by the end of 2034.
The Bromelain Industry sales study offers a comprehensive analysis on diverse features including production capacities, Bromelain demand, product developments, sales revenue generation and Bromelain market outlook across the globe.
market research report by…
Writing Instruments Market Is Projected To Reach US$ 20.54 Billion By The End Of …
The global writing instrument market size is calculated at US$ 14.28 billion for 2024 and is projected to reach US$ 20.54 billion by 2034-end. Worldwide demand for writing instruments is projected to expand at a CAGR of 3.7% from 2024 to 2034.
The Writing Instrument Industry sales study offers a comprehensive analysis on diverse features including production capacities, Writing Instrument demand, product developments, sales revenue generation and Writing Instrument market outlook…
Lifesciences Data Mining and Visualization Market Rising at 9.1% CAGR to Reach U …
The worldwide data mining and visualization market in the life sciences sector is projected to exceed $8.3 billion by 2023 and is expected to grow at a compound annual growth rate (CAGR) of 9.1%, reaching $19.9 billion by 2033.
In 2022, revenue from data mining and visualization in the life sciences amounted for 7% of the total data analytics market.
𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗢𝗳 𝗥𝗲𝗽𝗼𝗿𝘁:
https://www.factmr.com/connectus/sample?flag=S&rep_id=459
Using data mining and visualization…
More Releases for MDM
ZONOS MDM Now Available on SAP® Store
By integrating with SAP S/4HANA® Cloud and SAP ERP, Cuculus delivers a powerful multi-utility meter data management (MDM) solution to utilities.
Cuculus announces that its ZONOS MDM solution is now available on SAP® Store, the online marketplace for SAP and partner offerings. ZONOS MDM integrates with SAP S/4HANA® Cloud and SAP ERP and delivers a powerful meter data management (MDM) solution for power, water, gas and heating utilities.
“We are…
Global Master Data Management (MDM) Market Driving Future Growth on Master Data …
Global Master Data Management (MDM) Industry Synopsis:
The Master Data Management (MDM) Market report provides a detailed analysis of this business space. The market is analyzed in terms of production as well as consumption. Based on the production aspect, the report includes particulars pertaining to the manufacturing processes of the product, alongside revenue and gross margins of the respective manufacturers.
The Global Master Data Management (MDM) Market will reach xxx Million…
MDM BPO Market Forecast - Region - North America, Latin America, Europe, Japan, …
According to Fact.MR, a splendid expansion at a CAGR of over 15% has been projected for the global MDM BPO market through the forecast period, 2017 to 2026. Revenues from MDM BPO services offered across the globe are estimated to exceed US$ 10,000 Mn by 2026-end.
Stereotypical Organizing & Process Huge Data Volume Creating Demand for MDM BPOs
Management of data has gained extreme importance for efficient running of businesses, with back office data…
MDM BPO Market Forecast | Region - North America, Latin America, Europe, Japan, …
According to Fact.MR, a splendid expansion at a CAGR of over 15% has been projected for the global MDM BPO market through the forecast period, 2017 to 2026. Revenues from MDM BPO services offered across the globe are estimated to exceed US$ 10,000 Mn by 2026-end.
Stereotypical Organizing & Process Huge Data Volume Creating Demand for MDM BPOs
Management of data has gained extreme importance for efficient running of businesses, with back office data…
42Gears Wins MDM Mandate for Lenovo Tablets
42Gears Mobility Systems, a leading Unified Endpoint Management solution provider positioned as a Visionary in the 2018 Gartner Magic Quadrant has been onboarded by Lenovo Tablet Business Unit division as an official MDM solution vendor.
This relationship began in August 2018, and will enable Lenovo Global Tablet Team to work exclusively with 42Gears as their MDM vendor for the next 2 years. 42Gears products will also be open for sale…
Global MDM Sales Market Report 2016
Notes:
Sales, means the sales volume of MDM
Revenue, means the sales value of MDM
View Sample Copy of report@ https://goo.gl/I9f8x8
This report studies sales (consumption) of MDM in Global market, especially in United States, China, Europe, Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering
AirWatch
Citrix
Good Technology
MobileIron
IBM
Other prominent vendors
Absolute Software
Blackberry
FeedHenry
Kaseya International
Microsoft
SAP
Sophos
SOTI
Symantec
Enquire about the report@ https://goo.gl/tQC3Pg
Market Segment by Regions, this report…