Data Quality Tools Market on Track for 18.5% CAGR Growth | Demand & Technological Trends

MarkNtel Advisors recently published a detailed industry analysis of the Global Data Quality Tools Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Data Quality Tools Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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. 

Key Findings in Global Data Quality Tools Market:

• Historical Analysis: 2019–2022
• Base Year: 2023
• Forecast Period: 2024–2030

Leading Market Players- Ataccama Corporation, Experian PLC, IBM Corporation, Informatica, Information Builders Inc, International Business Machines Corporation, Oracle Corporation, Pitney Bowes Inc, SAP SE, SAS Institute Inc, Syncsort Inc., Talend Inc., Tamr

Key Highlights of the Report

• Market Dimensions & Projections
• Pricing Evaluation,
• Recent Strategic Moves by Companies,
• Primary Stakeholders,
• Analysis of Import and Export Trends,
• Competitive Landscape Assessment,
• Emerging Opportunities,
• Market Trends and Indicators

What are the major Driver the Global Data Quality Tools Market?

Elevating Business Data Production Projecting the Need to Ensure Data Accuracy and Reliability - The ever-increasing volume of data generated across industries has made it extremely crucial to effectively manage the data as businesses rely heavily on data-driven insights for decision-making. The increasing dependence on data necessitates accuracy, consistency, and completeness, resulting in the growing adoption of innovative tools the tech giants offer to control and use data in order to gain actionable insights efficiently. Further, the increasing focus on customer-centric strategies and the significance of accurate customer data for personalized marketing and improved customer experiences have also aided in enhanching the Data Quality Market size in recent years.

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What segments define the Global Data Quality Tools Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?

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

By End-User

• BFSI- Market Size & Forecast 2019-2030, USD Million
• Government- Market Size & Forecast 2019-2030, USD Million
• Retail and E-commerce- Market Size & Forecast 2019-2030, USD Million
• Healthcare- Market Size & Forecast 2019-2030, USD Million
• IT & Telecom- Market Size & Forecast 2019-2030, USD Million
• Others- Market Size & Forecast 2019-2030, USD Million

According to report, 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.

Explore the Complete Global Data Quality Tools Market Analysis Report – https://www.marknteladvisors.com/research-library/data-quality-tools-market.html

Geographical Analysis: Global Data Quality Tools Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Global Data Quality Tools Market Recent Development:

• In February 2023, To offer pushdown processing and data observability features to shared customers, Ataccama, a leading provider of unified data management platforms, announced that it had strengthened the integration of its Ataccama ONE platform with Snowflake, the Data Cloud firm. Data is thus processed directly on Snowflake's solitary, integrated platform, yielding quicker, less expensive, and more secure outcomes.
• In September 2022, the Spin-off of the MIT Computer Science and Artificial Intelligence Laboratory, Synthetic Data (SD) Metrics, a new tool from DataCebo, was made available to businesses to compare the quality of machine-generated synthetic data against actual data sets.

Key Questions Addressed in This Study

• What are the primary factors driving the growth of the Global Data Quality Tools Market?
• How is the Global Data Quality Tools Market expected to evolve over the next five years?
• What key insights can be drawn from current trends shaping the market?
• What is the current market size, and how is it forecasted to change in the coming years?
• What is the future outlook for the market in terms of technological innovation and geographic expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, 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 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, for 15 diverse industrial verticals.

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