Data Quality Tools Market in APAC 2019-2023

  • Published: Dec 2018
  • Pages: 140
  • SKU: IRTNTR30222
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The data quality tools market size in APAC will grow by USD 516.28 million during 2019-2023. This industry research report provides a detailed analysis of the market based on end-user (telecommunication, retail, BFSI, healthcare, and others), deployment (on-premises and cloud-based), and geography (China, Japan, Australia, and Rest of Asia). The report analyzes the market’s competitive landscape and offers information on several data quality tools manufacturers in APAC including IBM, Informatica, Oracle, SAS Institute, and Talend.

Below are some of the key findings from this data quality tools market in APAC analysis report

 

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Data quality tools market in APAC overview

The need to improve customer engagement is the primary factor driving the growth of data quality tools market in APAC. The reputation of a company gets hampered if there is a delay in product delivery or response to payment-related queries. To avoid such issues organizations are integrating their data with software such as CRM for effective communication with customers. To capitalize on market opportunities, organizations are adopting data quality strategies to perform accurate customer profiling and improve customer satisfaction.  

Also, by using data quality tools, companies can ensure that targeted communications reach the right customers which will enable companies to take real-time action as per the requirements of the customer. Organizations use data quality tool to validate e-mails at the point of capture and clean their database of junk e-mail addresses. Thus, the need to improve customer engagement is driving the data quality tools market growth in APAC at a CAGR of close to 23% during the forecast period.

Top data quality tools companies in APAC covered in this report

The data quality tools market in APAC is highly concentrated. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this data quality tools market in APAC analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading companies, including:

  • IBM
  • Informatica
  • Oracle
  • SAS Institute
  • Talend

 Data quality tools market in APAC segmentation based on end-user

  • Banking, financial services, and insurance (BFSI)
  • Telecommunication
  • Retail
  • Healthcare
  • Others

BFSI was the largest end-user segment of the data quality tools market in APAC in 2018. The market share of this segment will continue to dominate the market throughout the next five years.

Data quality tools market in APAC segmentation based on region

  • China
  • Japan
  • Australia
  • Rest of Asia

China accounted for the largest data quality tools market share in APAC in 2018. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the data quality tools market in APAC for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the data quality tools market in APAC during the next five years
  • Precise estimation of the data quality tools market size in APAC and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data quality tools market in APAC across China, Japan, Australia, and Rest of Asia
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on factors that will challenge the growth of data quality tools companies in APAC

 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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