Master Data Management Market share will hit $34.5 billion by 2027

According to a new market research report “Master Data Management Market by Component, Organization Size (SMEs & Large Enterprises), Deployment Mode (Cloud & On-premises), Vertical (BFSI & Healthcare), and Region (North America, Europe, APAC, MEA, Latin America) – Global Forecast to 2027” published by MarketsandMarkets™, the master data management market size to grow from USD 16.7 billion in 2022 to USD 34.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. Various factors such as incorporation of new technologies with master data management and increasing adoption of data quality tools for data management are expected to drive the adoption of MDM solutions and services.

You May Like More: