Emerging Trends in Data Quality Tools Market: Capitalizing on 18.5% CAGR Projections (2024-30)

Market Overview: Global Data Quality Tools Market:

MarkNtel Advisors, a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently published a report on the Global Data Quality Tools Market and provide your business with the latest market trends and analysis from our reports to make informed decisions and stay ahead of the competition.

Data Quality Tools Market Insights:

The Global Data Quality Tools Market size was valued at USD 2.1 billion in 2022 and is projected to grow at a CAGR of around 18.5% during the forecast period, i.e., 2024-30.

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Top Players in the Data Quality Tools Market:

  • IBM Corporation
  • Oracle Corporation
  • SAP SE
  • SAS Institute Inc
  • Talend Inc.
  • Information Builders Inc
  • Experian PLC
  • Ataccama Corporation
  • Syncsort Inc.
  • Pitney Bowes Inc.
  • Informatica
  • International Business Machines Corporation
  • Tamr

Segmentation Analysis of Data Quality Tools Market

Data Quality Tools Market exactly assesses and highlights significant trends and influencing factors within each segment. The comprehensive analysis extends its predictions for the period spanning 2024-30, focusing on the national landscape. The market is exactly categorized based on this analysis, providing valuable insights into its various facets.

-By End-User

  • BFSI
  • Government
  • Retail and E-commerce
  • Healthcare
  • IT & Telecom
  • Others

The Healthcare industry is antuicipated to hold the larget market share and is set to witness substantial growth in the forecast years with frequent collaboration and adoption of new tools among healthcare companies. Healthcare providers are embracing big data analytics and population health management technologies to meet standards and patient expectations. Business intelligence (BI) solutions leverage electronic health records and genetic studies for individualized treatment and improved quality performance. With abundant data from multiple sources, including patient records, clinical information, and wearable technology, ensuring data integrity has become paramount. Thus, the shift towards electronic health records and cloud storage, along with government incentives, is driving the adoption of this tool to mitigate vulnerabilities, further aiding in enhancing the Data Quality Tools Market size.

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-By Deployment

  • Cloud-based – Market Size & Forecast 2019-2030, USD Million
  • On-Premise – Market Size & Forecast 2019-2030, USD Million

-By Size of the Organization

  • Small and Medium Enterprises – Market Size & Forecast 2019-2030, USD Million
  • Large Enterprises – Market Size & Forecast 2019-2030, USD Million

-By Component

  • Software – Market Size & Forecast 2019-2030, USD Million
  • Services- Market Size & Forecast 2019-2030, USD Million

A Comprehensive Geographical Analysis:

-By Region

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East and Africa

The APAC region is anticipated to register the fastest growth by holding the potential share of the Data Quality Tools Market through 2030. It can be attributed to advancing technological infrastructures entwined with a growing emphasis on data-driven decision-making in countries like China, Japan, India, and others in order to achieve effective data governance. In addition, several regional governments continue to emphasize forming a data resource system, clarifying data management responsibilities, and gaining basic data facilities for government affairs.  For instance,

In October 2023, The State Council of China revealed its plan to create a National Integrated Government Affairs Big Data System by the end of 2023. The system is expected to make millions of government data sets available in one place. Per the blueprints, governments across China have already contributed to a data catalog detailing more than 20 million information items and over 3 million government data libraries at all levels, along with the datasets on China’s economy, natural resources, and legal persons.

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About Us

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others.

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