Master Data Management Market will reach $27.9 billion by 2025
Sheetal2329 Jul, 2025Technology
According to a research report "Master Data Management Market by Component (Solutions & Services), Data Type, Deployment Type (Cloud & On-Premises), Organization Size (SMEs & Large Enterprises), Vertical (BFSI, Retail, Manufacturing, and Healthcare), and Region - Global Forecast to 2025" published by MarketsandMarkets, the global MDM market size is expected to grow from USD 11.3 billion in 2020 to USD 27.9 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 19.8% during the forecast period. The major driving factors in the MDM market are increase in the use of data quality tools for data management and rising need for compliance.
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