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The data quality tools market has the potential to grow by USD 1.09 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 14.30%.
This data quality tools market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by deployment (on-premise and cloud-based) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The data quality tools market report also offers information on several market vendors, including Accenture Plc, Ataccama Corp., DQ Global, Experian Plc, International Business Machines Corp., Oracle Corp., Precisely, SAP SE, SAS Institute Inc., and TIBCO Software Inc. among others.
Browse TOC and LoE with selected illustrations and example pages of Data Quality Tools Market
The increasing use of data quality tools for marketing is notably driving the data quality tools market growth, although factors such as high implementation and production cost may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the data quality tools industry get your FREE report sample now.
Enterprises are increasingly using data quality tools, to clean and profile the data to target customers with appropriate products, for digital marketing. Data quality tools help in digital marketing by collecting accurate customer data that is stored in databases and translate that data into rich cross-channel customer profiles. This data helps enterprises in making better decisions on how to maximize the funds coming in. Thus, the rising use of data quality tools to change company processes of marketing is driving the data quality tools market growth.
This data quality tools market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
The data quality tools market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the data quality tools market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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39% of the market’s growth will originate from North America during the forecast period. The US is the key market for data quality tools market in North America. Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA.
The expansion of data in the region, fueled by the increasing adherence to mobile and Internet of Things (IoT), the presence of major data quality tools vendors, stringent data-related regulatory compliances, and ongoing projects will facilitate the data quality tools market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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Although the on-premises segment is expected to grow at a slower rate than the cloud-based segment, primarily due to the high cost of on-premises deployment, its prime advantage of total ownership by the end-user will retain its market share. Also, in an on-premise solution, customization is high, which makes it more adaptable among large enterprises, thus driving the revenue growth of the market.
Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the data quality tools market size.
APAC Data Quality Tools market - The market size will grow by USD 516.28 million during 2019-2023.
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Data Quality Tools Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 14% |
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Market growth 2021-2025 |
$ 1.09 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
12.10 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 39% |
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Key consumer countries |
US, China, Japan, Germany, and UK |
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Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
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Companies profiled |
Accenture Plc, Ataccama Corp., DQ Global, Experian Plc, International Business Machines Corp., Oracle Corp., Precisely, SAP SE, SAS Institute Inc., and TIBCO Software Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Deployment
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
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.
INFORMATION SOURCES
Primary sources
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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