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Data Quality Tools Market to 2027- Global Analysis and Forecasts by Component, Data Type, Deployment, End-user and Geography

Press release   •   Jul 13, 2019 13:12 IST

Global Data Quality Tools Market

Data quality tools are used to deal with various aspects of data quality problem, and are used to attain a high quality of data. The increasing volume of business data and stringent regulations are the major factors that are expected to drive the growth of this market. The advancements in technologies like AI for data quality is anticipated to create lucrative business opportunities in the market. The data quality tools market is highly influenced by driving factors such as increasing amount of data, stringent regulatory policies regarding quality of data, and growing demand for better customer engagement. However, lack of awareness and complex data structure are the major factors are the major factors that are expected to hinder the growth of data quality tools market.

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Some of the leading players in global market: Experian Information Solutions, Inc., Informatica, Information Builders, Microsoft Corporation, Oracle Corporation, Pitney Bowes Inc., SAS Institute Inc., Syncsort, Talend, Trianz

The report aims to provide an overview of data quality tools market with detailed market segmentation by component, data type, deployment, end-user, and geography. The global data quality tools market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading data quality tools market players and offers key trends and opportunities in the data quality tools market.

The global data quality tools market is segmented on the basis of component, data type, deployment, and end-user. Based component, the market is segmented as solution, and services. On the basis of the data type the market is segmented as customer data, product data, financial data, compliance data, supplier data, and others. On the basis of deployment the market is divided into on-premise and cloud. On the basis of end-user the market is segmented BFSI, telecommunication and IT, government, retail, healthcare, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data quality tools market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The data quality tools market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting data quality tools market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the data quality tools market in these regions.

The reports cover key developments in the data quality tools market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from Data quality tools market are anticipated to lucrative growth opportunities in the future with the rising demand for Data quality tools in the global market. Below mentioned is the list of few companies engaged in the data quality tools market.

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