The master data management
market has undergone tremendous advancement in the past few years.
With the advent of the Internet of Things (IoT) the penetration of
information technology across various industries has increased.
Organizations have ramped up their investments in IoT technology. IoT
offers a range of benefits to organizations in the sectors of cloud
computing, big data analytics, and global networks. The global start
up industry has grown hugely in the IoT sector. Also there has been a
significant rise in the number of businesses conducted over the web
over the past few years.
Browse The Report:
http://www.transparencymarketresearch.com/master-data-management-market.html
Moreover, increase in the
number of connected devices globally has also been one key factor in
promoting the growth of IoT market. Economies across the world
foresee the economic benefits of IoT. Considering the direct
proportionality of growth in IoT to need for data management, the
growth of IoT is expected to drive the demand for master data
management in organizations. Master data management can enable
organizations to derive actionable insights from the IoT data
generated. Master data management offers actionable analytical and
predictive data to organizations in order to carry out their business
operations effectively related to product and customer data. For
product and customer centric industries, availability of effective
and accurate master data is critical. Discrepancy in customer as well
as product related data can cost any organization hugely in terms of
time and money.
Therefore, the need to invest
in effective master data management solutions has become vital for
the success of any organization. Businesses today have to handle a
large amount of data related to products and customers. Master data
management focuses on managing product- and customer-related
information through product data solutions and customer data
solutions. Improper management of data can lead businesses to face
loses in terms of money and time. Master data management serves as a
central repository of master data, which is consolidated from various
sources of data. Data-driven business operations rely hugely on
master data. Master data management done correctly helps achieve risk
management and regulatory compliance in organizations. Thus
organizations consider investing in efficient data management and
master data management solutions.
This report on the master
data management market provides analysis for the period from 2014 to
2024, wherein 2015 is the base year and the period from 2016 to 2024
is the forecast period. Data for 2014 has been included as historical
information. The report highlights the various drivers, restraints,
and opportunities expected to influence the market’s growth during
the said period. It also highlights the trends that prevail in the
master data management market globally. The study provides a holistic
perspective on market growth throughout the forecast period in terms
of revenue estimates (in US$ Mn) across regions of North America,
Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and
Latin America (LATAM).
This research report provides
in-depth analysis of the master data management market, which is
segmented on the basis of component, solution, and industry. The
report provides cross-sectional analysis of the global master data
management market in terms of market estimates and forecasts for all
segments across regions.
The report profiles the major
players of the master data management market. The company profiling
includes an overview of the company with respect to parameters such
as company details, market presence and segmentation by geography,
key developments, strategy and historical roadmap, and revenue and
operating profits. Major business strategies adopted by these
players, their market positioning, and their recent developments have
also been identified in the research report. This report also
provides market positioning analysis of major players in the master
data management market based on their 2015 revenues. The major
players profiled in the report include Informatica, IBM Global
Services, Oracle Corporation, SAP SE, Stibo Systems, Riversand
Technologies, Tibco Software, Agility Multichannel, and EnterWorks
Acquisition Inc.
About
Us
Transparency Market Research
(TMR) is a next-generation provider of syndicated research,
customized research, and consulting services. TMR’s global and
regional market intelligence coverage includes industries such as
pharmaceutical, chemicals and materials, technology and media, food
and beverages, and consumer goods, among others. Each TMR research
report provides clients with a 360-degree view of the market with
statistical forecasts, competitive landscape, detailed segmentation,
key trends, and strategic recommendations
U.S.
Office
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free:
866-552-3453
Email:
sales@transparencymarketresearch.com
Website:
www.transparencymarketresearch.com
No comments:
Post a Comment