(I-BusinessNews.Com, June 25, 2019 ) Master Data Management (MDM) is a method of helping organizations in linking all critical and important data to a master file.
MDM is the process of the collection of best data management practices. The benefits of the Master Data Management (MDM) model increase as the number and diversity of organizational units, the role of workers, and the expansion of computing applications. MDM may be more valuable to large or complex businesses than small, medium, or simple businesses. Master data management can facilitate the operation of a variety of system architectures, platforms and applications.
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Scope of the Report:
The key industries are: Banking, Finance and Insurance (BFSI); IT and Telecommunications, Government & Health Care, Manufacturing & Logistics, Others. Manufacturing & Logistics was the largest application which took up about 25.5% of the global total in 2017, closely followed by Banking, Finance and Insurance (BFSI); IT and Telecommunications.
The Leading growing markets are China, India, Southeast Asia, etc. USA, Europe, Japan, etc. are the mature market with lower growth rate.
USA is the largest consumption countries of master data management in the world in the past few years and it will keep increasing in the next few years. USA market took up about 35% the global market in 2017, while Europe was about 30%, and China is followed with the share about 10%.
USA, Denmark, UK and China are now the key developers of master data management. There are some other vendors, such as Sunway World, Yonyou, etc. in China, but the Chinese market is still controlled by foreign vendors.
SAP, Oracle, IBM, Informatica, Stibo Systems, TIBCO Software, Riversand Technologies, Orchestra Networks, EnterWorks and Magnitude are the key suppliers in the global Master data management market. Top 10 took up about 50% of the global market in 2017. Abroad vendors took up more than 50% of the Chinese market.
The global Master Data Management (MDM) market is valued at 2890 million USD in 2018 and is expected to reach 6880 million USD by the end of 2024, growing at a CAGR of 15.6% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Master Data Management (MDM).
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Master Data Management (MDM) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Master Data Management (MDM) market by product type and applications/end industries.
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Market Segment by Companies, this report covers
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segment by Applications, can be divided into
Banking, Finance and Insurance (BFSI)
IT and Telecommunications
Government & Health Care
Manufacturing & Logistics
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Major Point of TOC:
Chapter One: Master Data Management (MDM) Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Master Data Management (MDM) Market Competition, by Players
Chapter Four: Global Master Data Management (MDM) Market Size by Regions
Chapter Five: North America Master Data Management (MDM) Revenue by Countries
Chapter Six: Europe Master Data Management (MDM) Revenue by Countries
Chapter Seven: Asia-Pacific Master Data Management (MDM) Revenue by Countries
Chapter Eight: South America Master Data Management (MDM) Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Master Data Management (MDM) by Countries
Chapter Ten: Global Master Data Management (MDM) Market Segment by Type
Chapter Eleven: Global Master Data Management (MDM) Market Segment by Application
Chapter Twelve: Global Master Data Management (MDM) Market Size Forecast (2019-2024)
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