What is the current Data Quality Tools Market size?

The Data Quality Tools Market is projected to register a CAGR of 17.5% during the forecast period (2024-2029) Read More

Who are the key players in Data Quality Tools Market?

IBM Corporation, Oracle Corporation, SAP SE, Informatica LLC and Talend Inc. are the major companies operating in the Data Quality Tools Market. Read More

Which is the fastest growing region in Data Quality Tools Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Data Quality Tools Market?

In 2024, the North America accounts for the largest market share in Data Quality Tools Market. Read More

What years does this Data Quality Tools Market cover?

The report covers the Data Quality Tools Market historical market size for years: 2021, 2022 and 2023. The report also forecasts the Data Quality Tools Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Data Quality Tools Market - Solutions, Analysis & Size

Data Quality Tools Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Report Covers Global Data Quality Tool Market Analysis & Growth and it is Segmented by Deployment Type (On-Premise, Cloud-based), Organization Size (Small and Medium Enterprises, Large Enterprises), Component (Software, Services), End-user Vertical (BFSI, Government, IT and Telecom, Retail and E-commerce, Healthcare), and Geography (North America, Europe, Asia-Pacific, Latin America and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD million) for all the above segments.

Data Quality Tools Industry Overview

The market for data quality tools could be more cohesive, with several domestic and international companies offering advanced solutions. Due to the presence of significant vendors in the market, the intense competition encourages them to focus on areas to enhance their customer reach across various geographies. Additionally, different data quality tool providers are focusing more on providing a comprehensive set of solutions to their customers to gain increased market traction.

In October 2022, Anomalo, the complete data quality platform company, announced a partnership with dbt Labs to provide data quality for dbt metrics, a part of the new dbt Semantic Layer. dbt is a transformation framework that enables businesses to transform, test, and document data in the cloud, producing data that the entire organization can use.

In January 2022, IBM Corporation and Francisco Partners, a global investment firm specializing in partnering with technology businesses, announced the signing of a definitive agreement under which Francisco Partners is expected to acquire healthcare data and analytics assets from IBM, which are presently part of the Watson Health business. Francisco Partners bought a lot of different kinds of data and products, such as MarketScan, Health Insights, Clinical Development, Micromedex, Social Program Management, and imaging software.