Worldwide Master Data Management Competitive Software Forecast, 2023–2027
This IDC study defines, sizes, and forecasts the worldwide master data management (MDM) competitive software market."Master data management solutions can be difficult to implement and maintain, but growth of the market in recent years illustrates that these types of solutions are becoming more important in modern data environments," says Stewart Bond, vice president, Data Intelligence and Integration Software Research at IDC. "Master data management solutions enable organizations to locate and reconcile multiple versions of the truth for parties, things, and places that are important to the business, and the need will continue to grow as data becomes even more distributed, diverse, and dynamic."
Please Note: Extended description available upon request.
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Market Context
Drivers and Inhibitors
Drivers
Cloud Migration
Artificial Intelligence
Inhibitors
General Economic Conditions
Significant Market Developments
Changes from Prior Forecast
Market Definition
Methodology
Historical and Forecast Market Values and Exchange Rates