A technology enabled discipline where the business and IT work together in a coordinated manner thereby ensuring the uniformity, accuracy, accountability and stewardship of an enterprise's shared master data assets is Master Data Management (MDM). By this method, an enterprise can link all of its critical data to a common point of reference thereby streamlining data sharing across personnel and various departments of an organization. Handling of a vast amount of data and need for compliance and verification are the major drivers of master data management market whereas lack of integration of administration poses a major hindrance for this market. Bridging of technologies for big data and business intelligence with the cloud will add new opportunities for this market in the coming years.
For More Information @ https://bit.ly/3fTI323
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global master data management market based on type, deployment type, service and vertical. It also provides market size and forecast till 2027 for overall master data management market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions.
Also, key master data management market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players influencing the market are SAP AG, Oracle Corporation, Tibco Software, Inc., Orchestra Networks, Riversand Technologies, Inc., SAS Institute, Inc., IBM Corporation, Talend, Syncforce, Informatica Corporation and among others.