Data Quality Tools Market
Added: (Wed Oct 10 2018)
Pressbox (Press Release) -
Data Quality Tools Market is expected to grow from USD 612 Million in 2016 to USD 1984.4 Million by 2024, at a CAGR of 15.23% between 2017 and 2024.
Report includes assessment of market definition along with the identification of key players and analysis of their strategies, complete quantitative analysis of the industry from 2016 to 2024 to enable the stakeholders to capitalize on the prevailing market opportunities, market analysis and comprehensive segmentation with respect to the type, provider type, vertical..
On-Premise Sub-segment is expected to hold a major chunk of the market during the forecast period:
The on-premises deployment sub-segment among the deployment segment is anticipated to hold the high adoption rate as compared to the on-demand deployment model. The on-premises deployment model provides confidentiality and privacy parameters to the organizational data; hence, most of the organizations are adopting the on-premises deployment model.
APAC is expected to hold a major chunk of the market during the forecast period:
Geographically, the Global Data Quality Tools Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The swift growth of the market in the APAC region is expected to be the fastest-growing region in the global market. The growth in the region is attributed to Data quality tools are gaining a wide momentum in enterprises as organizations have finally waken up to extract meaningful insights from a pool of data generated within their multiple systems. The exponential growth of big data with the proliferation of Internet of Things (IoT) devices is expected to have significantly fuelled the need of efficient data quality tools that would be instrumental in funnelling down the data needed to analyse and take decisions.
Scope of the Report:
Data Quality Tools Market, by Data Type: Customer data, Product data, Financial data, Compliance data, Supplier data
Data Quality Tools Market, by Business Function: Sales, Legal, Marketing, Human Resources, Finance
Data Quality Tools Market, by Component: Services, Software
Data Quality Tools Market, by Deployment Model: Cloud, On-Premises
Data Quality Tools Market, by Organization Size: Small & Medium Enterprises, Large Enterprises
Data Quality Tools Market, by Industry Vertical: BFSI, Telecom & IT, Media & Entertainment, Retail & eCommerce, Manufacturing, Healthcare & Life Sciences, Energy & Utilities, Manufacturing
Data Quality Tools Market, by Geography: North America, Europe, Asia Pacific, Middle East & Africa and Latin America
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