Global Market Study on Master Data Management: Public Cloud Deployment of MDM Solutions to Gain Traction during 2017-2022


Master Data Management Market
  • Published On : Sep-2017 |
  • Pages : 170 Pages |
  • Format :

Persistence Market Research analyzes the global market for master data management in its new publication, titled “Master Data Management Market: Global Industry Analysis 2012-2016 and Forecast 2017-2022.” This study offers an analysis on how the global master data management market has expanded over the years, and predicts the market’s growth prospects for future. Historical data collected across the span of last five years has been directed as the basis for providing forecast on the global master data management market for the period, 2017-2022.

Structure of Report

The report is branched into multiple chapters, with each covering certain market specifics extensively. Commencing with the executive summary, the first chapter of the report encapsulates key findings from the report, with a particular emphasis on regional expansion of the global master data management market. The next chapter offers an introduction to master data management from a market perspective, followed by a standard definition to master data management as a computing platform. In a distinct section, global market size estimations and annual growth rates of the global master data management market are offered under forecast parameters.

The subsequent chapters provide a comprehensive overview of the market, defining key characteristics of master data management, and delivering trends analysis on multiple factors that govern the dynamics of the overall market. Supply chain breakdown, pricing & cost structure analysis, raw material sourcing strategies, and intensity map on the basis of market participant presence is also offered in the following sections.  

Market Taxonomy

Key chapters in the report offer a segment-wise analysis & forecast on global master data management market. In the report, the global market for master data management in segmented on the basis of deployment, end-use, component, and region. The market taxonomy enlisted below offers an abridged view on the segmentation of global master data management market.

Region

Deployment

End-use Industry

Component

  • North America
  • Public Cloud
  • Government
  • Services
  • Latin America
  • On-premise
  • BFSI
  • Software
  • Europe
  • IT & Telecommunication
 
  • Japan
  • Healthcare
  • APEJ
  • Energy & Utilities
 
  • MEA
  • Transportation & Logistics
 
  • Manufacturing
 
  • Retail

Market size estimations and forecast provided in these sections also include a cross-sectional data analysis and country-specific forecast on expansion of global master data management market across multiple regional markets. The report concludes with a detailed profiling of key players in the global master data management market, tracking latest developments and quoting current company position of each player.

Research Methodology

For the purpose of administering accuracy into its forecasts, Persistence Market Research adopts competent research techniques in development of its market studies. The report attains its foothold through exhaustive primary and secondary research conducted by our analysts. Data collected from multiple sources employed during this process is coordinated to create an outline of the report, and understand company positions and current standings in the global master data management market. For assessing the expansion course of master data management as a platform, the report has defined the characteristics of the market by evaluating estimations across multiple business entities.

In addition, the report also employs quantitative research techniques by adopting custom-made formulas and calculations. CAGRs, Y-o-Y growth rate, market share proportions, and absolute dollar opportunities are some of the key metrics used for representing the researched data. The report also splits the global market for master data management across multiple segments, with each individual segment being analyzed through a wide range of considerations. The scope of Persistence Market Research’s report on global master data management market is to offer an evenhanded outlook on the global adoption of master data management, and enable market participants to gain insightful prognosis for devising new strategies towards future market direction. 

Fragmentation and inconsistency of data collected across multiple business entities creates manifold issues such as supply chain inefficiencies, downgrading spend control initiatives, and weakening market penetration. Managing the Master Data, a business-critical method that aggregates all corporate data, continues to gain grounds across IT landscapes across the world. In the upcoming years, increasing need for consolidated data and analytical solutions will be observed as proponent to adoption of Master Data Management (MDM) solutions. Synchronization of business information, facilitated through MDM, is also viewed as a promising tool to expand applications of products and help companies navigate through unchartered markets in future. From local players to multinationals, companies will continue to seek MDM tools for lowering the incidence of database problems.

Master Data Management: Market Standpoint

Being a comprehensive process of linking all critical data to one file, master data management enables an enterprise in accessing a common point of reference. With that, an MDM solution will also streamline data sharing operations for different corporate personnel and departments within a company. Master data management can be observed as a combination of technologies and applications for cleaning, augmenting, synchronizing and incorporating of all corporate data recorded through various business entities such as suppliers, manufacturers and customers.

According to Persistence Market Research, the global market for master data management is expected to gain traction and reflect a robust growth during the forecast period, 2017-2022. In terms of value, the global master data management market is pegged to surpass US$ 8,600 Mn by the end of 2022, reflecting an impressive, aggregated expansion at a robust CAGR.

Master Data Management

Surge in Public Cloud Deployment of Master Data Management

Creating a unique customer database is critical for managing the new application suites in an IT-oriented business. Other enterprises are also boosting the importance of non-barricaded, open-ended deployment of MDM solutions. On the basis of deployment, the global market for master data management will continue to witness predominance of public-level data disposal through cloud networking. By the end of 2017, nearly three-fourth of global market for master data management value will be accounted by public cloud deployment. The adoption of MDM solutions through on-premise deployment will dwindle towards the end of 2022.

High Demand for MDM Software in BFSI Sector

The next five years will exhibit an impressive uptake in adoption of MDM solutions in the banking & finance industry. By the end of 2022, the BFSI sector will be observed as largest end-use industry for master data management, accounting for more than US$ 2,000 Mn in global revenues. During this period, the adoption of software on master data management will be considerably higher than that of MDS services. Throughout the forecast period, over 50% of global revenues raked in the master data management market will be arising from sales of MDM software.

MDM Market: Competitive Landscape

In late 2016, TIBOC Software Inc. introduced two new analytical tools in its MDM offerings, which included a business process mapping service. Of late, tech giant IBM Corporation extended its tie-up with Hortonworks towards exploring new management solutions through data science and machine learning. The report also observes companies such as Magnitude Software, Inc, Liaison Technologies, Inc., Teradata Corporation, Orchestra Networks, Reltio Inc., SAS Institute Inc., SAP SE, and Informatica Corporation as key players in the global market for master data management.

Company Profile

  • Informatica
  • IBM
  • SAP
  • TIBCO Software
  • SAS
  • Reltio
  • Orchestra Networks
  • Teradata
  • Liason technologies
  • Magnitude Software
  • Others.
Back To Top