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Global Data Quality Tools Market Insights 2024-2030
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 to 2030, focusing on the national landscape. The
market is exactly categorized based on this analysis, providing valuable
insights into its various facets.
·
By
Deployment
o
Cloud-based
o
On-Premise
·
By Size
of the Organization
o
Small and Medium Enterprises
o
Large Enterprises
·
By
Component
o
Software
o
Services
·
By End-User
o
BFSI
o
Government
o
Retail and E-commerce
o
Healthcare
o
IT & Telecom
o
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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A Comprehensive
Geographical Analysis:
By Region
- North
America
- South
America
- Europe
- Asia-Pacific
- The
Middle East and Africa
Among others, 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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