Press release
Master Data Management (MDM) Market Size to Reach $9.56 Bn, Globally, by 2031 at 8.5% CAGR : QY Research
QYResearch A newly published report titled "Global Master Data Management (MDM) Market Insights, Forecast to 2031" by QY Research throws light on the industry dynamics and current and future trends that play a key role in determining the business expansion. The Master Data Management (MDM) report also highlights the key driving factors and restraints that are impacting the growth. For a comprehensive understanding, the professionals have reviewed the regulatory scenario, market entry strategies, best industry practices, pricing strategy, technology landscape, and consumption, sales, and demand outlook. Y-o-Y growth estimates have also been included to provide the users with accurate statistics and facts. This Master Data Management (MDM) Market report will give the readers a bigger and see-through picture of the overall scenario.The global Master Data Management (MDM) market was valued at US$ 5.44 billion in 2024 and is anticipated to reach US$ 9.56 billion by 2031, witnessing a CAGR of 8.5% during the forecast period 2025-2031.
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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.
Master data management came into use in the 1990s as a solution for dealing with large amounts of disjointed data. MDM is a way to provide organizations with links to all files, called master files or master data files, which provide a common reference platform. After entering the 21st century, the term MDM became popular in July 2004 after the launch of SAP MDM. Prior to this, some early pioneers, such as Data Foundations, DWL, and Kalido, had introduced master data management software, but the MDM market was not truly formed until mid-2004. Subsequently, large international companies continued to divide the market, and Chinese companies also began to emerge in the industry.
Global master data management (MDM) key players include SAP, Oracle, IBM, Informatica, Stibo Systems, etc. Global top 5 manufacturers hold a share about 40%. North America is the largest market, both with a share about 40%, followed by Europe, with a share about 30 percent. In terms of product, customer data is the largest segment, with a share about 35%.And in terms of application, the largest application is banking, finance and insurance (BFSI), followed by manufacturing & logistics.
Featured Companies: -
SAP, Oracle, IBM, Informatica, Stibo Systems, TIBCO Software, Syndigo, Reltio, Precisely (Winshuttle), Insightsoftware (Magnitude), Talend, SAS Institute, Microsoft, KPMG, Teradata, Software AG, Ataccama, Civica, SupplyOn AG, Sunway World, Yonyou
Companies are selected based on parameters such as: -
> Revenue generation
> Manufacturing facilities
> R&D investments
> Market share and innovation pipeline
> Geographical presence
Market Drivers:-
Master Data Management (MDM) market drivers include a few key factors include growing consumer demand for the product, successful marketing tactics in new states, and large investments in product development. Easy access to competitors is one of the main issues facing the Master Data Management (MDM) business. Another hurdle to the Master Data Management (MDM) market is the low cost of substitutes. Businesses think they can get past this barrier, though, by controlling prices and introducing chemicals, specialty chemicals, polymers, metals, ceramics, composites, and advanced materials sector, which will increase consumer demand for their products. Furthermore, in order to minimise dangers, modify their plans, and continue operating, market participants must face substantial challenges. Consequently, companies will be able to effectively allocate their resources without compromising timely market supply or product quality.
Master Data Management (MDM) Market Trends:
Master Data Management (MDM) The pre- and post-period regulatory situation plays an important role in shaping market dynamics. As governments introduce and refine regulations governing the production, distribution, and sale of Master Data Management (MDM) products, businesses must navigate complex compliance requirements to ensure lawful operations. Regulatory clarity and consistency are key factors that positively impact markets, providing certainty for businesses and giving people confidence in product safety and quality standards. Additionally, regulatory developments such as the approval of Master Data Management (MDM) chemical and material products and the establishment Master Data Management (MDM) of cultivation programs are opening up new opportunities for market expansion while setting standards for best practices in the industry.
Detailed of Master Data Management (MDM) Market Segmentation: -
Our market analysts are experts in deeply segmenting the global Master Data Management (MDM) market and thoroughly evaluating the growth potential of each and every segment studied in the report. Right at the beginning of the research study, the segments are compared on the basis of consumption and growth rate for a review period of nine years. The segmentation study included in the report offers a brilliant analysis of the global Master Data Management (MDM) market, taking into consideration the market potential of different segments studied. It assists market participants to focus on high-growth areas of the global Master Data Management (MDM) market and plan powerful business tactics to secure a position of strength in the industry.
Segmentation By Type :-
Customer Data
Product Data
Others
Segmentation By Application : -
Banking, Finance and Insurance (BFSI)
IT and Telecommunications
Government & Health Care
Manufacturing & Logistics
Others
Regional Insights -
The authors of the report have analyzed both developing and developed regions considered for the research and analysis of the global Master Data Management (MDM) market. The regional analysis section of the report provides an extensive research study on different regional and country-wise Master Data Management (MDM) markets to help players plan effective expansion strategies. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries. Players can use this study to explore untapped Master Data Management (MDM) markets to extend their reach and create sales opportunities.
United States
-Canada
-Mexico
-Brazil
APAC
-Japan
-South Korea
-China
-ASEAN
-India
EMEA
-Europe
-Middle East
-Africa
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Each chapter in the report delivers a wealth of information:
ᗒ Product Definitions, Types, and Volume/Revenue Analysis
ᗒ Manufacturer Competition Status
ᗒ Historical and Forecast Volume/Revenue Analysis
ᗒ Product Application Analysis
ᗒ Country-Level Analysis
ᗒ Manufacturer Profiles
ᗒ Industry Chain Insights
ᗒ Market Channel, Distributors, and Customers
ᗒ Conclusive Remarks
ᗒ Methodology and Data Sources
Key Features Of The Study:-
ᗒ This report provides in-depth analysis of the global Master Data Management (MDM) market, and provides market size (us$ million) and cagr for the forecast period (205-2031), considering 2023 as the base year.
ᗒ This report profiles key players in the global Master Data Management (MDM) market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Master Data Management (MDM) sales data, market share and ranking.
ᗒ This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
ᗒ This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
ᗒ The global Master Data Management (MDM) market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Important questions answered in the report includes of:
ᗒ How will the market for the Master Data Management (MDM) Market industry grow in 2025?
ᗒ Which well-known major companies will drive the market's growth?
ᗒ Which size of business held the biggest market share for data centre?
ᗒ What is the market's Compound Annual Growth Rate (CAGR) for the 2025-2031 forecast period?
ᗒ What is the primary factor driving the market's expansion?
ᗒ In the market, which region held the highest market share?
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QY Research, INC.
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