Enterprise Data Management Market Size Worth $135.88 Billion By 2027: Grand View Research, Inc.
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Source: PR Newswire
SAN FRANCISCO, Aug. 10, 2020 /PRNewswire/ -- The global enterprise data management market size is expected to reach USD 135.88 billion by 2027, according to a new report by Grand View Research, Inc. The market is anticipated to exhibit a CAGR of 9.7% from 2020 to 2027. The increasing need for on-time data with accuracy is the major driving factor for the overall market. North America held the largest share owing to the presence of the key vendors such as SAS Institute, Teradata Corporation, Cloudera, IBM, Talend, Informatica, and MuleSoft LLC in the region. Enterprise Data Management (EDM) is a data management platform wherein the data is pulled along from multiple locations to a central hub. Therefore, it integrates with any database to store as well as fetch multiple source data.Key suggestions from the report:The enterprise data management market accounted for USD 61.95 billion in 2019 and is expected to grow at a CAGR of 9.7% from 2020 to 2027. On-premise emerged as the largest se
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