Master Data Management (MDM) Solutions Market to record USD 17.27 Bn incremental growth; Driven by increasing volume and complexity of data -- Technavio

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Oct 14, 2022, 19:15 ET

NEW YORK, Oct. 14, 2022 /PRNewswire/ -- The "Master Data Management Solutions Market by End-user and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

Technavio has announced its latest market research report titled Global Master Data Management (MDM) Solutions Market 2022-2026

The potential growth difference for the master data management (MDM) solutions market between 2021 and 2026 is USD 17.27 billion. Technavio has considered various factors including the number of major IT consulting deals signed worldwide, the impact of the COVID-19 outbreak, IT consulting revenues generated by services providers offering MDM solutions, and IT budgets allocated by central and state governments across major markets to estimate the size of the market. Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more. Buy Full Report Here

Key Market Dynamics:

Market Driver
Market Challenges

The increasing volume and complexity of data is one of the key factors driving the growth of the market. The increasing volume of data and the rapid growth in data complexity in organizations have increased the demand for various intelligence-based data analysis techniques. Technologies such as ML and AI can help companies retrieve a huge amount of complex data in a useful manner and use them to enhance their services and business processes. In addition, the need to process unstructured data into valuable information is driving businesses increasingly adopt MDM solutions, which is driving the growth of the market in focus.

However, data privacy and security concerns remain a challenge in driving the growth of the market. The rising adoption of connected technologies has increased the risk of cybersecurity issues and data breaches. Earlier, cybersecurity was concentrated on a limited number of connected devices. However, with the IoT revolution, there will be a large-scale combination of both physical and virtual worlds in the future. Potential economic loss from cyber-attacks in industries is significant compared with privacy breaches of personal data. Therefore, cyber-attacks can hamper the sensor and device data in an industrial setup, as these devices are connected over the Internet and can be easily hacked. Such challenges are expected to reduce the growth potential in the market.

Learn about additional key drivers, trends, and challenges available with Technavio. Read Our Sample PDF Report Now

The master data management (MDM) solutions market report is segmented by end-user (BFSI, healthcare, retail, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa).

The BFSI sector is the major end-user in the market. The segment is driven by the need for MDM solutions to increase revenue, meet regulatory compliance, achieve customer-centricity, and reduce operating costs. In addition, the complete digitalization of all core banking and insurance processes and the increasing volume of data generated by the BFSI industry are increasing the adoption of MDM solutions.

North America will be leading the market growth during the forecast period. The enterprises in the region have been increasing their IT budget for cloud-based solutions for the past few years. In addition, the increased demand for content and digital media and the adoption of advanced technologies, such as artificial intelligence (AI), in sectors such as healthcare are expected to drive the demand for MDM in North America.

View Our Sample Report for additional insights into the contribution of all the segments and regional opportunities in the report.

Key Vendors in Master Data Management Solutions Market:

Ataccama Corp.
Contentserv Group AG
Informatica LLC
International Business Machines Corp.
Magnitude Software Inc.
Micro Focus International Plc
Mindtree Ltd.
Oracle Corp.
Profisee Group Inc.
Reltio Inc.
SAP SE
SAS Institute Inc.
Semarchy
Stibo Systems
Syndigo LLC
Talend SA
Teradata Corp.
TIBCO Software Inc.
Veeva Systems Inc.
Winshuttle LLC

Related Reports:

Master Data Management (MDM) Solutions Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 17.17%
Market growth 2022-2026	USD 17.27 billion
Market structure	Fragmented
YoY growth (%)	14.78
Regional analysis	North America, Europe, APAC, South America, and the Middle East and Africa
Performing market contribution	North America at 30%
Key consumer countries	US, Canada, China, Japan, Germany, and France
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Ataccama Corp., Contentserv Group AG, Informatica LLC, International Business Machines Corp., Magnitude Software Inc., Micro Focus International Plc, Mindtree Ltd., Oracle Corp., Profisee Group Inc., Reltio Inc., SAP SE, SAS Institute Inc., Semarchy, Stibo Systems, Syndigo LLC, Talend SA, Teradata Corp., TIBCO Software Inc., Veeva Systems Inc., and Winshuttle LLC
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents:

1 Executive Summary

1.1 Market overview

Exhibit 01: Executive Summary – Chart on Market Overview
Exhibit 02: Executive Summary – Data Table on Market Overview
Exhibit 03: Executive Summary – Chart on Global Market Characteristics
Exhibit 04: Executive Summary – Chart on Market by Geography
Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary – Chart on Incremental Growth
Exhibit 07: Executive Summary – Data Table on Incremental Growth
Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem

Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition

Exhibit 11: Offerings of vendors included in the market definition

3.2 Market segment analysis

Exhibit 12: Market segments

3.3 Market size 2021

3.4 Market outlook: Forecast for 2021-2026

Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary

Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

4.2 Bargaining power of buyers

Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

4.3 Bargaining power of suppliers

Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

4.4 Threat of new entrants

Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

4.5 Threat of substitutes

Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

4.6 Threat of rivalry

Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

4.7 Market condition

Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments

Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)

5.2 Comparison by End-user

Exhibit 26: Chart on Comparison by End-user
Exhibit 27: Data Table on Comparison by End-user

5.3 BFSI - Market size and forecast 2021-2026

Exhibit 28: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on BFSI - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on BFSI - Year-over-year growth 2021-2026 (%)

5.4 Healthcare - Market size and forecast 2021-2026

Exhibit 32: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)

5.5 Retail - Market size and forecast 2021-2026

Exhibit 36: Chart on Retail - Market size and forecast 2021-2026 ($ million)
Exhibit 37: Data Table on Retail - Market size and forecast 2021-2026 ($ million)
Exhibit 38: Chart on Retail - Year-over-year growth 2021-2026 (%)
Exhibit 39: Data Table on Retail - Year-over-year growth 2021-2026 (%)

5.6 Others - Market size and forecast 2021-2026

Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)

5.7 Market opportunity by End-user

Exhibit 44: Market opportunity by End-user ($ million)

6 Customer Landscape

6.1 Customer landscape overview

Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation

Exhibit 46: Chart on Market share by geography 2021-2026 (%)
Exhibit 47: Data Table on Market share by geography 2021-2026 (%)

7.2 Geographic comparison

Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison

7.3 North America - Market size and forecast 2021-2026

Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)

7.4 Europe - Market size and forecast 2021-2026

Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)

7.5 APAC - Market size and forecast 2021-2026

Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)

7.6 South America - Market size and forecast 2021-2026

Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)

7.7 Middle East and Africa - Market size and forecast 2021-2026

Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

7.8 US - Market size and forecast 2021-2026

Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)

7.9 China - Market size and forecast 2021-2026

Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)

7.10 Germany - Market size and forecast 2021-2026

Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

7.11 Japan - Market size and forecast 2021-2026

Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)

7.12 France - Market size and forecast 2021-2026

Exhibit 86: Chart on France - Market size and forecast 2021-2026 ($ million)
Exhibit 87: Data Table on France - Market size and forecast 2021-2026 ($ million)
Exhibit 88: Chart on France - Year-over-year growth 2021-2026 (%)
Exhibit 89: Data Table on France - Year-over-year growth 2021-2026 (%)

7.13 Canada - Market size and forecast 2021-2026

Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)

7.14 Market opportunity by geography

Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers

8.2 Market challenges

8.3 Impact of drivers and challenges

Exhibit 95: Impact of drivers and challenges in 2021 and 2026

8.4 Market trends

9 Vendor Landscape

9.1 Overview

9.2 Vendor landscape

Exhibit 96: Overview on Criticality of inputs and Factors of differentiation

9.3 Landscape disruption

Exhibit 97: Overview on factors of disruption

9.4 Industry risks

Exhibit 98: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered

Exhibit 99: Vendors covered

10.2 Market positioning of vendors

Exhibit 100: Matrix on vendor position and classification

10.3 Ataccama Corp.

Exhibit 101: Ataccama Corp. - Overview
Exhibit 102: Ataccama Corp. - Product / Service
Exhibit 103: Ataccama Corp. - Key offerings

10.4 Contentserv Group AG

Exhibit 104: Contentserv Group AG - Overview
Exhibit 105: Contentserv Group AG - Product / Service
Exhibit 106: Contentserv Group AG - Key offerings

10.5 Informatica LLC

Exhibit 107: Informatica LLC - Overview
Exhibit 108: Informatica LLC - Product / Service
Exhibit 109: Informatica LLC - Key offerings

10.6 International Business Machines Corp.

Exhibit 110: International Business Machines Corp. - Overview
Exhibit 111: International Business Machines Corp. - Business segments
Exhibit 112: International Business Machines Corp. - Key offerings
Exhibit 113: International Business Machines Corp. - Segment focus

10.7 Oracle Corp.

Exhibit 114: Oracle Corp. - Overview
Exhibit 115: Oracle Corp. - Business segments
Exhibit 116: Oracle Corp. - Key news
Exhibit 117: Oracle Corp. - Key offerings
Exhibit 118: Oracle Corp. - Segment focus

10.8 Profisee Group Inc.

Exhibit 119: Profisee Group Inc. - Overview
Exhibit 120: Profisee Group Inc. - Product / Service
Exhibit 121: Profisee Group Inc. - Key news
Exhibit 122: Profisee Group Inc. - Key offerings

10.9 SAP SE

Exhibit 123: SAP SE - Overview
Exhibit 124: SAP SE - Business segments
Exhibit 125: SAP SE - Key news
Exhibit 126: SAP SE - Key offerings
Exhibit 127: SAP SE - Segment focus

10.10 Syndigo LLC

Exhibit 128: Syndigo LLC - Overview
Exhibit 129: Syndigo LLC - Product / Service
Exhibit 130: Syndigo LLC - Key offerings

10.11 TIBCO Software Inc.

Exhibit 131: TIBCO Software Inc. - Overview
Exhibit 132: TIBCO Software Inc. - Product / Service
Exhibit 133: TIBCO Software Inc. - Key offerings

10.12 Winshuttle LLC

Exhibit 134: Winshuttle LLC - Overview
Exhibit 135: Winshuttle LLC - Product / Service
Exhibit 136: Winshuttle LLC - Key offerings

11 Appendix

11.1 Scope of the report

11.2 Inclusions and exclusions checklist

Exhibit 137: Inclusions checklist
Exhibit 138: Exclusions checklist

11.3 Currency conversion rates for US$

Exhibit 139: Currency conversion rates for US$

11.4 Research methodology

Exhibit 140: Research methodology
Exhibit 141: Validation techniques employed for market sizing
Exhibit 142: Information sources

11.5 List of abbreviations

Exhibit 143: List of abbreviations

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