The report segments the data quality tools market on the basis of data types(customer data, product data, financial data, compliance data and supplier data); business functions (marketing, sales, finance, legal, and human resources); deployment models (on-premises and on-demand); organization types (SMEs and large enterprises)
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Data Quality Tools Market by type 2017-2022 by new Service spreads across 154 pages profiling 13 companies and supported with 76 tables and 39 figures available at rnrmarketresearch.com
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Generation of massive amounts of data is one of the drivers for the growth of the data quality tools market
The data quality tools market size is expected to grow from USD 610.2 million in 2017 to USD 1,376.7 million by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. The advent of technology is a major factor resulting in data explosion.
Furthermore, the fall in gadget prices, the increasing accessibility of users to smart devices, and powerful computing tools have contributed to this rise in data. The ever-expanding amount of data has led to complex data types and formats, thus understanding and evaluating the information from this collected data for rapid actionable decisions is expected to drive the growth of the data quality tools market.
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Legal business function is expected to be the highest growing segment in the data quality tools market
The legal department in an organization supervises the business operations and business processes, which are not limited to financial and spend management or legal document management. It is the most crucial departments that assist the organization to pursue a wider compliance and regulatory understanding.
Mostly, such departments also help develop a comprehensive data quality program, which would not only look into mitigation of various types of potential risk involved within the businesses, but also keep a check if the compliances are in place or not.
Data Quality Tools Market Analysis, By Data Type
Data Quality Tools Market Analysis, By Business Function
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Fundamentals of Table of Content:
8 Data Quality Tools Market Analysis, By Component
8.3.1 Professional Services
18.104.22.168 Consulting Services
22.214.171.124 Support and Maintenance
126.96.36.199 Education and Training
8.3.2 Managed Services
9 Data Quality Tools Market Analysis, By Deployment Model
14 Company Profiles
Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships
14.1 International Business Machines Corporation
14.3 Oracle Corporation
14.4 SAP SE
14.5 SAS Institute Inc.
14.7 Experian PLC
14.8 Information Builders
14.9 Microsoft Corporation
14.10 Pitney Bowes Inc.
*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.
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