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Enterprise Data Management (EDM) is an enterprise’s ability to effectively manage, integrate, disseminate, and create data for enterprise processes, entities, and applications requiring accurate and timely data delivery. EDM also addresses the concept of transmission of different datasets within applications and processes which rely on consumption of data sets to complete business transactions or processes. EDM addresses circumstances where users within an enterprise independently model, manage, store, and source data. Uncoordinated approaches can result in quality inconsistencies and data conflicts lowering the trustworthiness of data used for reporting and various operations.

EDM relates to how content gets integrated into applications as well as how the content is passed from one process to another. EDM removes organizational conflicts and issues resulting from mismanagement of data. It implements structured data delivery from data producer to data consumer. EDM comprises computing and network infrastructure, business logic and policies, and software applications used to manage enterprise data flow. Implementation of EDM requires collaboration between various departments such as finance, operations, and IT.

EDM solutions streamline business operations and also derive necessary conclusions from data. It also formulates strategy for business operations ensuring transparency in the overall enterprise system. Enterprise data management smoothens the flow of data and reduces cycle time for various tasks. This brings about efficiency and effectiveness in managing enterprises. By acting as a master data management platform, enterprise data management provides customer data which includes onboarding of new client data to integrate into internal systems of organizations.

Enterprise data management solutions are gaining importance due to increased need for managing voluminous data generated in an organization on a daily basis. The need for framing data strategy to gain competitive and strategic advantage is driving the enterprise data management market. The amount of data generated and handled by organizations which they can use to their advantage is growing at a tremendous rate which places data management high on their agendas which is also driving the EDM market. However, data address validation issues, data quality, and data silos are some of the restraining factors hindering the growth of the EDM market. On the other hand, EDM as a tool of taking competitive advantage is causing increasing adoption of enterprise data management by number of companies which is creating opportunities for the growth of the market. Moreover, proliferation of Big Data technology is also expected to help the EDM market grow during the forecast period.

The global enterprise data management market is segmented on the basis of component, deployment model, enterprise size, vertical, and region. In terms of component, the EDM market can be segmented into software and services. The software market is further segmented into data integration, data migration, data warehousing, data governance, master data management and others which include data quality, data security etc. The services market is classified into consulting services, training & support services, and operation and maintenance services. The EDM market is classified on the basis of deployment model into on-premise and cloud. In terms of enterprise size, the EDM market can be segmented into small & medium enterprises and large enterprises. On the basis of verticals, the market is classified into government, banking, financial services & insurance (BFSI), retail, healthcare, IT & telecom, manufacturing, energy & utilities, transportation & logistics and others. The market segments in terms of geographical regions are North America, Asia Pacific, Europe, Middle East &Africa (MEA), and South America.

Industry participants leading the enterprise data management market with the most significant developments are Accenture PLC, Informatica Corporation, SAS Institute Inc., Symantec Corporation, Teradata Corporation, IBM Corporation, Intel Security, Oracle Corporation, SAP SE, and Talend among others.

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  • Market size
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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.

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  • 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
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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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