PUBLISHER: Acute Market Reports | PRODUCT CODE: 1132387
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1132387
Master Data Management Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
The Growing Need to Manage Data More Effectively is Driving the Growth of Master Data Management Market
Globally, the master data management market is expected to grow with a CAGR of 15.5% during the forecast period from 2022 to 2030, starting from US$ 13.59 Bn in 2021. The market is driven by the growing need among the organizations to manage their master data more effectively. Master data is defined as the critical and confidential data for enterprises generally related to the customers, suppliers, financials, and products. As the digitalization across the enterprises is increasing very rapidly and the sources of data generation are also growing in abundance, the enterprises are finding it difficult to cop up with this explosion of data with their traditional data management system. This is encouraging the enterprises to move towards more data agile infrastructure and driving the demand for master data management solutions.
The growing adoption of IoT sensor along with the cloud computing platform is also acting as a major driver for the growth of the market. Moreover, the integration of intelligent algorithms into the master data management solution is augmenting the market growth. However, reluctance of enterprises to move towards new master data management solutions is hindering the market growth. Furthermore, the low awareness about the solutions among the enterprises is also acting as a major restraint in the growth of the market.
Cloud Deployment Model is Estimated to Grow Significantly During the Forecast Period
The master data management market is segmented on the basis of deployment into on-premise, and cloud deployment model. On-Premise deployment model accounted for more than 70% share in the revenue in 2018. The growth of the market is attributed to the robust security offered by the on-premise model. On the other hand, the cloud deployment model is estimated to grow significantly during the forecast period. The market is driven by the cost effective nature of the cloud deployment model. Moreover, the scalability and flexibility offered by the model also serves as a major driver for the growth of the market.
North America is Leading the Master Data Management Market
North America accounted for more than 40% share in the master data management market in 2020. The growth of the market is credited to the wide scale adoption of the cloud computing technology across the region. Increasing digitalization across the enterprises is also augmenting the demand for the master data management solution in the region. Additionally, the presence of major market players such as IBM and Oracle in the region is also acting as a major driver for the growth of the market.
The key players in the master data management market are EnterWorks, Informatica, IBM Corporation, Oracle Corporation, Reltio, Profisee Group, Riversand, SAS Institute, SAP SE, Semarchy, SyncForce, Stibo Systems, Talend, TIBCO Software and Teradata.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Master Data Management market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Master Data Management market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Component
Solution
Service
Data
Asset Data
Customer Data
Location Data
Product Data
Supplier Data
Deployment
On-Premise
Cloud
Application
BFSI
Government
Manufacturing
Telecom & IT
Retail
Healthcare
Energy & Utility
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report:
What are the key micro and macro environmental factors that are impacting the growth of Master Data Management market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Master Data Management market?
Which is the largest regional market for Master Data Management market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Master Data Management market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Master Data Management market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Master Data Management Market
- 2.2. Global Master Data Management Market, By Component, 2021 (US$ Million)
- 2.3. Global Master Data Management Market, By Data, 2021 (US$ Million)
- 2.4. Global Master Data Management Market, By Deployment, 2021 (US$ Million)
- 2.5. Global Master Data Management Market, By Application, 2021 (US$ Million)
- 2.6. Global Master Data Management Market, By Geography, 2021 (US$ Million)
- 2.7. Impact of Covid 19
- 2.8. Attractive Investment Proposition by Geography, 2021
- 2.9. Competitive Analysis
- 2.9.1. Market Positioning of Key Master Data Management Market Vendors
- 2.9.2. Strategies Adopted by Master Data Management Market Vendors
- 2.9.3. Key Industry Strategies
3. Master Data Management Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Master Data Management Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Solution
- 4.3.2. Service
5. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Asset Data
- 5.3.2. Customer Data
- 5.3.3. Location Data
- 5.3.4. Product Data
- 5.3.5. Supplier Data
6. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Growth & Revenue Analysis: 2021 Versus 2030
- 6.3. Market Segmentation
- 6.3.1. On-Premise
- 6.3.2. Cloud
7. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Growth & Revenue Analysis: 2021 Versus 2030
- 7.3. Market Segmentation
- 7.3.1. BFSI
- 7.3.2. Government
- 7.3.3. Manufacturing
- 7.3.4. Telecom & IT
- 7.3.5. Retail
- 7.3.6. Healthcare
- 7.3.7. Energy & Utility
- 7.3.8. Others
8. North America Master Data Management Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 8.3. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 8.4. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 8.5. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 8.6.Master Data Management Market: By Region, 2020-2030, USD (Million)
- 8.6.1.North America
- 8.6.1.1. U.S.
- 8.6.1.2. Canada
- 8.6.1.3. Rest of North America
- 8.6.1.North America
9. UK and European Union Master Data Management Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 9.3. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 9.4. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 9.5. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 9.6.Master Data Management Market: By Region, 2020-2030, USD (Million)
- 9.6.1.UK and European Union
- 9.6.1.1. UK
- 9.6.1.2. Germany
- 9.6.1.3. Spain
- 9.6.1.4. Italy
- 9.6.1.5. France
- 9.6.1.6. Rest of Europe
- 9.6.1.UK and European Union
10. Asia Pacific Master Data Management Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 10.3. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 10.4. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 10.5. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 10.6.Master Data Management Market: By Region, 2020-2030, USD (Million)
- 10.6.1.Asia Pacific
- 10.6.1.1. China
- 10.6.1.2. Japan
- 10.6.1.3. India
- 10.6.1.4. Australia
- 10.6.1.5. South Korea
- 10.6.1.6. Rest of Asia Pacific
- 10.6.1.Asia Pacific
11. Latin America Master Data Management Market, 2020-2030, USD (Million)
- 11.1. Market Overview
- 11.2. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 11.3. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 11.4. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 11.5. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 11.6.Master Data Management Market: By Region, 2020-2030, USD (Million)
- 11.6.1.Latin America
- 11.6.1.1. Brazil
- 11.6.1.2. Mexico
- 11.6.1.3. Rest of Latin America
- 11.6.1.Latin America
12. Middle East and Africa Master Data Management Market, 2020-2030, USD (Million)
- 12.1. Market Overview
- 12.2. Master Data Management Market: By Component, 2020-2030, USD (Million)
- 12.3. Master Data Management Market: By Data, 2020-2030, USD (Million)
- 12.4. Master Data Management Market: By Deployment, 2020-2030, USD (Million)
- 12.5. Master Data Management Market: By Application, 2020-2030, USD (Million)
- 12.6.Master Data Management Market: By Region, 2020-2030, USD (Million)
- 12.6.1.Middle East and Africa
- 12.6.1.1. GCC
- 12.6.1.2. Africa
- 12.6.1.3. Rest of Middle East and Africa
- 12.6.1.Middle East and Africa
13. Company Profile
- 13.1. EnterWorks
- 13.1.1. Company Overview
- 13.1.2. Financial Performance
- 13.1.3. Product Portfolio
- 13.1.4. Strategic Initiatives
- 13.2. IBM Corporation
- 13.2.1. Company Overview
- 13.2.2. Financial Performance
- 13.2.3. Product Portfolio
- 13.2.4. Strategic Initiatives
- 13.3. Informatica
- 13.3.1. Company Overview
- 13.3.2. Financial Performance
- 13.3.3. Product Portfolio
- 13.3.4. Strategic Initiatives
- 13.4. Oracle Corporation
- 13.4.1. Company Overview
- 13.4.2. Financial Performance
- 13.4.3. Product Portfolio
- 13.4.4. Strategic Initiatives
- 13.5. Profisee Group
- 13.5.1. Company Overview
- 13.5.2. Financial Performance
- 13.5.3. Product Portfolio
- 13.5.4. Strategic Initiatives
- 13.6. Relito
- 13.6.1. Company Overview
- 13.6.2. Financial Performance
- 13.6.3. Product Portfolio
- 13.6.4. Strategic Initiatives
- 13.7. Riversand
- 13.7.1. Company Overview
- 13.7.2. Financial Performance
- 13.7.3. Product Portfolio
- 13.7.4. Strategic Initiatives
- 13.8. SAP SE
- 13.8.1. Company Overview
- 13.8.2. Financial Performance
- 13.8.3. Product Portfolio
- 13.8.4. Strategic Initiatives
- 13.9. SAS Institute
- 13.9.1. Company Overview
- 13.9.2. Financial Performance
- 13.9.3. Product Portfolio
- 13.9.4. Strategic Initiatives
- 13.10. Semarchy
- 13.10.1. Company Overview
- 13.10.2. Financial Performance
- 13.10.3. Product Portfolio
- 13.10.4. Strategic Initiatives
- 13.11. Stibo Systems
- 13.11.1. Company Overview
- 13.11.2. Financial Performance
- 13.11.3. Product Portfolio
- 13.11.4. Strategic Initiatives
- 13.12. SyncForce
- 13.12.1. Company Overview
- 13.12.2. Financial Performance
- 13.12.3. Product Portfolio
- 13.12.4. Strategic Initiatives
- 13.13. Talend
- 13.13.1. Company Overview
- 13.13.2. Financial Performance
- 13.13.3. Product Portfolio
- 13.13.4. Strategic Initiatives
- 13.14. Teradata
- 13.14.1. Company Overview
- 13.14.2. Financial Performance
- 13.14.3. Product Portfolio
- 13.14.4. Strategic Initiatives
- 13.15. TIBCO Software
- 13.15.1. Company Overview
- 13.15.2. Financial Performance
- 13.15.3. Product Portfolio
- 13.15.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 2 Global Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 3 Global Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 4 Global Master Data Management Market By Application, 2020-2030, USD (Million)
- TABLE 5 North America Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 6 North America Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 7 North America Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 8 North America Master Data Management Market By Application, 2020-2030, USD (Million)
- TABLE 9 UK and European Union Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 10 UK and European Union Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 11 UK and European Union Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 12 UK and European Union Master Data Management Market By Application, 2020-2030, USD (Million)
- TABLE 13 Asia Pacific Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 14 Asia Pacific Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 15 Asia Pacific Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 16 Asia Pacific Master Data Management Market By Application, 2020-2030, USD (Million)
- TABLE 17 Latin America Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 18 Latin America Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 19 Latin America Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 20 Latin America Master Data Management Market By Application, 2020-2030, USD (Million)
- TABLE 21 Middle East and Africa Master Data Management Market By Component, 2020-2030, USD (Million)
- TABLE 22 Middle East and Africa Master Data Management Market By Data, 2020-2030, USD (Million)
- TABLE 23 Middle East and Africa Master Data Management Market By Deployment, 2020-2030, USD (Million)
- TABLE 24 Middle East and Africa Master Data Management Market By Application, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Master Data Management Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Master Data Management Market: Quality Assurance
- FIG. 5 Global Master Data Management Market, By Component, 2021
- FIG. 6 Global Master Data Management Market, By Data, 2021
- FIG. 7 Global Master Data Management Market, By Deployment, 2021
- FIG. 8 Global Master Data Management Market, By Application, 2021
- FIG. 9 Global Master Data Management Market, By Geography, 2021
- FIG. 10 Global Master Data Management Market, By Component, 2021 Vs 2030, %
- FIG. 11 Global Master Data Management Market, By Data, 2021 Vs 2030, %
- FIG. 12 Global Master Data Management Market, By Deployment, 2021 Vs 2030, %
- FIG. 13 Global Master Data Management Market, By Application, 2021 Vs 2030, %
- FIG. 14 U.S. Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 15 Canada Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 16 Rest of North America Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 17 UK Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 18 Germany Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 19 Spain Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 20 Italy Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 21 France Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 22 Rest of Europe Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 23 China Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 24 Japan Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 25 India Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 26 Australia Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 27 South Korea Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 28 Rest of Asia Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 29 Brazil Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 30 Mexico Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 31 Rest of Latin America Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 32 GCC Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 33 Africa Master Data Management Market (US$ Million), 2020 - 2030
- FIG. 34 Rest of Middle East and Africa Master Data Management Market (US$ Million), 2020 - 2030
