Dublin, September 21, 2021 (GLOBE NEWSWIRE) – The ‘Global Enterprise Data Management Market Size, Share and Trend Analysis Report by Component, Department, Deployment, Organization, by business line, by region and segment forecast, The 2021-2028 report “has been added to ResearchAndMarkets.com offer.
Global Enterprise Data Management Market Size Expected to Reach USD 208.87 Billion by 2028, Registering a CAGR of 13.8%
The growing need for timely and accurate data delivery is the major driving factor behind the overall growth of the market. Enterprise Data Management (EDM) is a data management platform in which data is pulled from multiple corporate and enterprise locations and silos to a central hub.
Hence, it integrates with any database to store and retrieve data. EDM enables organizations to implement effective governance and data quality rules and standards. These rules help businesses and enterprises better organize and manage their data and enable efficient data-driven decision making.
EDM has various features such as the flexibility to choose multiple deployment modes, and it helps take advantage of industry standards, robust quality controls, and easy distribution features. EDM generates a stable version of corporate data in a visible and examined environment.
Enterprise data management solves data availability issues by obtaining data from multiple locations and sources, and storage is on a single common platform. It benefits businesses and enterprises by providing unified integration with consumer applications, control of their data, increased transparency and support for ongoing regulations and compliance.
Organizations generate different types of data, including financial information, photos, charts, videos, inventory numbers, mobile data, and social media data, from various organizational assets. All of this data should be organized and secure and should also be easily accessible for business use.
EDM solutions help create a process to deliver actionable insights from raw data, which can be unorganized or full of duplicates. EDM solutions also help manage data internally between departments efficiently. The growing emphasis by companies on the timeliness of qualified information is expected to drive demand for enterprise data management solutions.
Highlights of the Enterprise Data Management Market Report
In terms of components, the services segment is expected to register considerable growth during the forecast period. Enterprise data management services help businesses reduce operating expenses, improve operational efficiency, and focus on core competencies
In terms of service, the professional services segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period. The increasing automation of professional services due to the adoption of big data and analytics, coupled with the growing demand for improved mobility among service consultants, is expected to drive the growth of the segment.
In terms of deployment, the cloud segment is expected to register the highest CAGR from 2021 to 2028. Cloud-based solutions allow businesses to access data on connected devices at any time, increasing possibilities for customization and allows the implementation of analysis tools across multiple sales channels
In terms of organization, the large enterprise segment is expected to record promising growth during the forecast period. This growth can be attributed to the growing demand for robust monitoring solutions and automation capabilities for resource allocation and strategic decision making in large organizations.
In terms of vertical sector, the retail and consumer goods segment is expected to record a promising growth rate from 2021 to 2028. Companies operating in the retail and consumer goods industries need to manage suppliers, customers, products and inventory management units (SKUs) and therefore aggressively opt for efficient data management solutions
In terms of region, the Asia-Pacific regional market is expected to register a promising growth rate from 2021 to 2028. The growing popularity of cloud computing and the need to improve operational efficiency in large enterprises and SMEs are expected to stimulate demand for enterprise data. management
Main topics covered:
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Enterprise Data Management Market: Industry Outlook
3.1 Market segmentation
3.2 Market size and growth outlook
3.3 Value chain analysis
3.4 Business Data Management Market Dynamics
3.5 Mapping of penetration and growth prospects
3.6 Market analysis tools
3.7 Key Companies Analysis of Enterprise Data Management, 2020
3.8 Enterprise Data Management Market – COVID 19 Impact Analysis
Chapter 4 Enterprise Data Management Market: Components Segment Analysis
4.1 Enterprise Data Management Market: By Component Segment, Outlook and Market Share 2020 and 2028
Chapter 5 Enterprise Data Management Market: Services Segment Analysis
5.1 Enterprise Data Management Market: By Service Segment, Outlook and Market Share 2020 and 2028
5.2 Managed services
5.3 Professional services
Chapter 6 Enterprise Data Management Market: Deployment Segment Analysis
6.1 Enterprise Data Management Market: By Deployment Segment, 2020 and 2028 Outlook and Market Share
6.3 On site
Chapter 7 Enterprise Data Management Market: Organization Segment Analysis
7.1 Enterprise Data Management Market: By Organization Segment, Outlook and Market Share 2020 and 2028
7.2 Small and medium-sized enterprises
7.3 Large company
Chapter 8 Enterprise Data Management Market: Industry Vertical Segment Analysis
8.1 Enterprise Data Management Market: By Industry Vertical Segment, Outlook and Market Share 2020 and 2028
8.2 IT & Telecom
8.4 Retail trade and consumer goods
Chapter 9 Enterprise Data Management Market: Region Segment Analysis
9.1 Enterprise Data Management Market: Segment Outlook by Region and Market Share 2020 and 2028
Chapter 10 Competitive Landscape
International Business Machines Corporation
Amazon Web Services, Inc.
Enterworks (Winshuttle, LLC)
For more information on this report, visit https://www.researchandmarkets.com/r/jdkavg
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