Cloud Data Management Platform as a service, provides enterprise data-driven applications with a trusted view of data in a hybrid computing environment. Of late, master data management (MDM) on cloud offers models for speed, cost-effectiveness and scalability across industries. With the advent of Internet of Things (IoT) technology and penetration of social media are some of the factors driving the adoption of cloud master data management market.
|Unit||Value (USD Million)|
|Key Companies Profiled||IBM (United States), Oracle (United States), Dell (United States), Microsoft (United States), Reltio (United States), TIBCO (United States), Onexte (United States), Axtria (United States), Prospecta (Australia), AWS (United States), SAP (Germany) and Teradata (United States)|
This growth is primarily driven by Improve operational productivity and enhance sales productivity and Surging penetration of information technology all over various sectors worldwide.
Globally, a noticeable market trend is evident Rise in deployment of IoT and Big data among various industries Major Players, such as IBM (United States), Oracle (United States), Dell (United States), Microsoft (United States), Reltio (United States), TIBCO (United States), Onexte (United States), Axtria (United States), Prospecta (Australia), AWS (United States), SAP (Germany) and Teradata (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Recently, IBM Corporation extended its tie-up with Hortonworks towards exploring new management solutions through data science and machine learning.
California Consumer Privacy Act (CCPA) is passing a law for protection of data in United States which will be effective by January, 2020. It is expected to be country’s highest commendable security and privacy law. Also, SEC is taking risk prohibiting steps to overcome breaches in financial sectors specific to public listed companies to increase risk assurance. European Union laws (GDPR) is taking important measures to protect data privacy and is expected to impact ~4% of global annual sales.
Rise in deployment of IoT and Big data among various industries
Market Growth Drivers:
Improve operational productivity and enhance sales productivity and Surging penetration of information technology all over various sectors worldwide
Increasing cyber threats
Security & privacy of data and lack of sufficient IT infrastructure in underdeveloped nations
Increasing IT industry in many emerging economies such as India, Brazil and others and Surging demand for Cloud MDM Software in BFSI Sector
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Cloud Master Data Management Market
- Analysis about New Entrants in Cloud Master Data Management Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Cloud Master Data Management Study Sheds Light on
The Cloud Master Data Management Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Cloud Master Data Management industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cloud Master Data Management industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.