Master Data Management Market Size Share and Forecast, 2015 – 2021

Published By:Zion Market Research

Master Data Management Market - Global Industry Perspective,
Comprehensive Analysis and Forecast, 2015 – 2021

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Master Data Management Market

The master data is a data which is required to run the operations of a specific business or
business unit. Running the business and analyzing results with accurate and consistent data is
necessary to operate business efficiently and being successful. Master data may include
customers, vendors, employees and products, but can differ by dissimilar industries and even
different companies within the same industry. Master data management (MDM) is the set of
tools and processes used by an organization to manage their non transactional data.
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The growth of global master data management market has been attributed to increasing need for
compliance and verification. Rising demands for operational excellence and data quality,
increase in spending on IT infrastructure by enterprises, requirement for centrally managed
data are the major factor favoring the master data management market.

Master Data Management Market
However, ongoing data ownership concerns are expected to have adverse impact on master data
management market. Nonetheless, advent of technologies such as big data and BI business
intelligence with the cloud is likely to open new growth opportunities for master data
management market in near future.
The report covers forecast and analysis for the master data management market on a global and
regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021
based on revenue (USD million). Study also covers Porter’s Five Forces model,...