At A CAGR Of 16.8% , Global Data Quality Tools Industry will rise in the period of 2018-2021
Data quality tools are used to analyze sets of data and convert it into meaningful information. They are required to ensure the quality of data being delivered to different business processes such as decision making, business intelligence (BI), and analytics.
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These tools are used to improve the quality of enterprise data like financial data, customer data, and product data. Data quality tools help address various aspects of data quality problems such as data enrichment, monitoring, cleansing, matching, parsing, and data profiling.
Technavios analysts forecast the global data quality tools market to grow at a CAGR of 16.8% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global data quality tools market for 2017-2021. To calculate the market size, the report considers the sales of the software license by on-premise and cloud-based deployment model of data quality tools.
The market is divided into the following segments based on geography:
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Technavio's report, Global Data Quality Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Bridge Growth Partners
Experian Information Solutions
Increasing use of data quality tools for marketing
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High implementation and production cost
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Increasing use of IoT
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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