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Data Quality and Data Governance Solution Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.

Data quality and data governance are closely related and go hand in hand in the enterprise data management ecosystem. In today’s competitive world, data quality and data governance practices is anticipated to evolve rapidly backed by growth in Master Data Management tools and technology. In recent years it is observed that enterprises with an enterprise resource planning (ERP) or customer relationship management (CRM) application have struggled owing to the absence of built-in data quality and data governance capabilities.

The global data quality and data governance solutions market is anticipated to grow in the coming years as these solutions assists enterprises and professionals to address major challenges arising out of an enterprise’s applications and transactional data, data types and formats, data cleansing and validation, and hybrid environments. Furthermore, cloud, big data and machine learning is anticipated to push the demand for global data quality and data governance solutions. 

However, factors such as ever changing policies and regulations, categorization of unstructured data, and inconsistent business semantics are anticipated to restrain the growth of the global data quality and data governance solution market.

The global data quality and data governance solution market can be segmented on the basis of deployment model, business function, and industry verticals. Deployment model can be further segmented as on-premise and cloud based. Based on business function, the market can be classified into finance, information technology, legal, operations and others. On the basis of industry vertical, the global data quality and data governance solution market can be classified into Banking, Financial Services and Insurance (BFSI), telecom and IT, healthcare, retail and e-commerce, healthcare, manufacturing, government and defense, energy and utilities, construction and engineering, and others (research, education, BPO, and travel & hospitality)

Geographically, the global data quality and data governance solution market is segmented into Middle-East and Africa (MEA), Asia Pacific (APAC), North America, Europe, and South America. 
North America is expected to dominate the global data quality and data governance solution market during the forecast period 2017 – 2025, owing to large investments in cloud-based machine learning and Big Data technologies, and presence of large number of vendors in this region. 

The Asia Pacific (APAC) region is anticipated to be the fastest-growing region for the global data quality and data governance solution market. The region is currently in its initial growth phase. The high growth rate in Asia Pacific is driven by Small and Medium Enterprises (SMEs) demand for cost-effective data quality and data governance solutions.

Europe is anticipated to contribute a significant share in the global data quality and data governance solution market after North America. Europe is also anticipated to witness a steady growth rate during the forecast period from 2017 – 2025.  

The major vendors providing data governance are Backoffice Associates, Collibra, Inc., Informatica Corporation, SAS Institute Inc., IBM Corporation, Oracle Corporation, SAP SE, TIBCO Software Inc., Talend Inc., Information Builders, Varonis Systems Inc., Pitney Bowes Inc., RedPoint Global, Trillium Software, Experian plc, and  Orchestra Networks.

 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 


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