Master Data Management Market - Global Forecast to 2023: Incorporation of New Technologies With Master Data Management & Trend Towards Multi-Domain Master Data Management
Talend SA ADS (TLND)
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Source: PR Newswire
DUBLIN, Feb. 15, 2019 /PRNewswire/ -- The "Master Data Management Market by Component, Data Type, Deployment Type, Organization Size, Vertical, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering. Increase in the use of data quality tools for data management is driving the overall growth of the master data management marketThe master data management market is projected to grow from 9.5 billion in 2018 to USD 22.0 billion by 2023, at a CAGR of 18.3% from 2018 to 2023. The market growth is driven by various factors, such as the increasing use of data quality tools for data management and the rising need for compliance. However, data security concerns can hinder the growth of the market.By component, the solutions segment is estimated to hold a larger market size than the services segment in 2018.Increased demand for data integration & migration and data governance solutions from enterprises is driving the solutions segment. Master data manage
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