Before preparing this comprehensive report on the enterprise information management solution market, the analysts at Persistence Market Research have taken an in-depth look at global and regional markets. A critical component of the report is our team of experts who have years of experience and have worked extensively in the ICT domain bringing their unique insights and perspectives to the table. Value chain analysis, pricing analysis, and a list of market participants are some of the features in the recently published report titled ‘Enterprise Information Management Solution Market: Global Industry Analysis (2012–2016) and Forecast (2017–2025)’.
To present key stakeholders with a clear picture of the enterprise information management solution market, PMR analysts have gone the extra mile to give exhaustive data about drivers, restraints, opportunities, trends, and forecasts of all regions assessed in the report. Along with regional insights, information has been provided for all the necessary segments as well as sub-segments in the enterprise information management solution market. For a complete profile of the enterprise information management solution market, it has been studied on the basis of solutions, industry, enterprise type, deployment, and region.
Forecast Factors and Market Size
Important activities such as collaborations, strategic partnerships, mergers & acquisitions, patent transfers, and licensing agreements that have an impact on the enterprise information management solution market have been actively taken into account. Capital expenditure, particularly in emerging economies is also poised to play a part in the enterprise information management solution market and regulatory guidelines by the authoritative bodies are mentioned therein. Readers would be highly recommended to thoroughly peruse this section of the enterprise information management solution market report.
The report comprises an overview of the enterprise information management solution market in the form of market forecast and size, absolute dollar opportunity, and Y-o-Y growth prospects. A holistic view of the enterprise information management solution market has been taken with a glance at all relevant macroeconomic factors that influence it. The market introduction section consists of the definition and taxonomy of the enterprise information management solution market and is perfect for readers seeking to gain a grassroots level understanding. All revenue figures have been mentioned in US$ for catering to a global audience and authoritative sources including trade journals, company financial reports, and press releases have been relied on to deliver the report.
Enterprise Information Management Solution Market Taxonomy
Robust Research Methodology
Primary and secondary research form the backbone of PMR’s research methodology, honed as sharp as a knife by our analysts who constantly refine and revisit it to cater to the needs of diverse clients in an uncertain global economy.
Integration Between Various Enterprise Data Sources a Challenge
Data verification and authentication is an essential part of confidential enterprise information. Data verification and authentication assists enterprises in marketing campaigns and customer acquisition activities. Enterprise information management solutions are widely deployed in data validation, authentication, and verification. The integration of data gathered from disparate enterprise sources is a key constraint in the enterprise information management solution market. Enterprises use a number of databases to manage their information and the data can often be stored in different formats. Key stakeholders in the enterprise information management solution market have to find a way to overcome this limitation lest it stifle growth of the overall market.
Information Overload Across Verticals Necessitates Enterprise Information Management Solutions
The ubiquity of smartphones coupled with greater Internet connectivity in emerging economies has led to an explosion in enterprise data. The need for storing, accessing, and managing a huge volume of sensitive information is best served by enterprise information management solutions. Data integration, metadata management, master data management, and data quality management are just some of the solutions offered in the enterprise information management solution market. In addition to this, centrally managed data enterprises improve business functionality by raising productivity and minimizing operating costs. Along with data security, data integrity is crucial and that is why small, medium, and large enterprises across the world are turning to the enterprise information management solution market.
Rising Adoption of Master Data Management Solutions
Enterprises in the MEA region are rapidly adopting master data management solutions as they enable the creation of a centralized data view. The MEA master data management market is estimated to have a value of just over US$ 140 million in 2017 alone, making it well worth the attention of major companies in the enterprise information management solution market. Master data management allows enterprises to directly connect with business intelligence providers for generating insights from centralized data, thereby bringing about operational efficiency. The integration of master data management with cloud-based solutions is anticipated to be in demand across enterprises on account of its characteristics such as tracking, security, and integration.
Master Data Management and Data Quality Gain in Enterprise Information Management Solution Market
At present, the content management segment has the largest share in the global enterprise information management solution market at the end of 2017. Nonetheless, it is expected to lose a massive 560 BPS over the course of the forecast period with the maximum gains going to master data management and data quality segments in the information management solution market. Master data management in particular is predicted to register high Y-o-Y growth during the forecast period. Data quality is poised to cross a value of US$ 10 billion by end 2025. However, master data management is on track to record an exponential CAGR of 21.9% from 2017 to 2025, the highest by a considerable margin in the enterprise information management solution market. The market attractiveness index of master data management is 1.7, while that of data quality is slightly higher at 2.0.