Global Master Data Management Market to Witness Impressive Growth, Revenue to Surge to USD 704.7 Million By 2028

20-Jul-2021 | Zion Market Research

The global Master Data Management market accounted for USD 29156.3 Million in 2020 and is expected to reach USD 64435 Million by 2028, growing at a CAGR of around 9.8% between 2021 and 2028.  

The report covers forecast and analysis for the Master Data Management market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2021 to 2028 based on revenue (USD Billion). The study includes drivers and restraints for the Master Data Management market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Master Data Management market on a global level.

This report offers comprehensive coverage on global Master Data Management market along with, market trends, drivers, and restraints of Master Data Management market. This report includes a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the Master Data Management market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared by using data sourced from in-house databases, secondary and primary research team of industry experts. Research analysts and consultants cooperate with leading companies of the concerned domain to verify every value of data exists in this report.

The study provides a crucial view on master data management market by segmenting the market based on type, application, industry and regional segments. All the type, application, industry and regional segments of master data management market have been analyzed based on present and future trends and the market is estimated from 2021 to 2028. In terms of type segment which includes implementation, consulting and training & support.

Asia Pacific is expected to have highest market growth rate during the forecast period. With the rising awareness about the increase in business productivity, supplemented with competently designed MDM solutions offered by vendors present in this region, is leading to Asia Pacific becoming a highly potential market.

Further, on the basis of application the market for master data management is segmented into product data, customer data and, supplier data among others. BFSI, government, retail, IT & telecom, manufacturing and, healthcare among others are the industries which are included as a segmentation for the master data management market. The market is analyzed based on five regions namely North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa. The regions are also bifurcated into major countries like US, UK, France, Germany, India, China, Japan, and Brazil.

The major participants in the global master data management market which includes IBM Corporation, Tibco Software Inc, SAP AG, Oracle Corporation, SAS Institute Inc, Riversand Technologies, Informatica Corporation, SyncForce and, Orchestra Networks among Others.

Browse the full Master Data Management Market By Types (Implementation, Consulting And Training) By Application (Product Data, Customer Data Supplier Data And Others) For BFSI, Government, Retail, IT & Telecom, Manufacturing, Healthcare And Other Industries: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2020 – 2028.” Report at

The global Master Data Management Market is segmented as follows:

By Type

  • Implementation
  • Consulting
  • Training and Support

By Application

  • Product Data
  • Customer Data
  • Supplier Data
  • Others

By Industry

  • BFSI
  • Government
  • Retail
  • IT and Telecom
  • Manufacturing
  • Healthcare
  • Others

 By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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