Master Data Management (MDM) market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the global Master Data Management (MDM) market by companies, region, type and end-use industry. Master Data Management (MDM) is a method of helping organizations in linking all critical and important data to a master file.
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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.
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.
In 2017, the global Master Data Management (MDM) market size was 2890 million US$ and it is expected to reach 9140 million US$ by the end of 2025, with a CAGR of 15.5% during 2018-2025.
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This report focuses on the global top players, covered
Market segment by Regions/Countries, this report covers
Market segment by Type, the product can be split into
Market segment by Application, split into
Banking, Finance and Insurance (BFSI)
IT and Telecommunications
Government & Health Care
Manufacturing & Logistics
Master Data Management (MDM) Manufacturers
Master Data Management (MDM) Distributors/Traders/Wholesalers
Master Data Management (MDM) Subcomponent Manufacturers