How big is the Master Data Management Market?

The Master Data Management Market size is expected to reach USD 15.33 billion in 2024 and grow at a CAGR of 18.93% to reach USD 36.48 billion by 2029. Read More

What is the current Master Data Management Market size?

In 2024, the Master Data Management Market size is expected to reach USD 15.33 billion. Read More

Who are the key players in Master Data Management Market?

IBM, Oracle, Informatica Inc., SAP SE and Ataccama are the major companies operating in the Master Data Management Market. Read More

Which is the fastest growing region in Master Data Management 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 Master Data Management Market?

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

What years does this Master Data Management Market cover, and what was the market size in 2023?

In 2023, the Master Data Management Market size was estimated at USD 12.43 billion. The report covers the Master Data Management Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Master Data Management Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the biggest challenges faced by companies when implementing Master Data Management (MDM)?

The biggest challenges faced by companies when implementing Master Data Management (MDM) are a) Data quality issues b) System integration complexities c) User adoption challenges Read More

Master Data Management Market Trends, Industry Analysis, Share, Global, Trends Forecast, Report, Research, Size

Master Data Management Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

Master Data Management Companies and It is Segmented by Component (Software, Service), Deployment Model (On-Premise, Cloud), Enterprise Size (Large Enterprises, Small and Medium Enterprises), Application (Supplier, Product, Customer), Industry Vertical (IT and Telecommunication, BFSI, Healthcare, Government, Retail, Manufacturing, Education), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value in USD for all the Above Segments.

Master Data Management Industry Overview

The master data management market is highly fragmented and has several significant players. Only some key companies currently hold a large portion of the market, such as IBM, Oracle, Informatica Inc., SAP SE, and Ataccama. The players in the market are growing their consumer bases internationally to raise their market share and profitability.

October 2022 - Ataccama, a top provider of unified data management platforms, announced the early distribution of the upcoming significant update to its Ataccama ONE platform. With this version, Ataccama will introduce new features that support its objective of giving businesses worldwide end-to-end data management and allowing data democratization. The platform upgrade places Ataccama at the forefront of a growing industry agreement that contemporary data governance programs must converge data governance capabilities in ways that single-purpose technologies cannot.
February 2022 - IBM announced that it had acquired Neudesic, a US cloud services consultant focused on the Microsoft Azure platform and multi-cloud expertise. The portfolio of hybrid multi-cloud services offered by IBM will be significantly increased due to this purchase, further advancing the company's hybrid cloud and AI strategy.