The North America Master Data Management Market would witness market growth of 15.1% CAGR during the forecast period (2022-2028).
MDM solutions, as a technology, automate the governance, management, and sharing of business-critical data across applications leveraged by lines of business, departments, brands, and organizations. To build master records, MDM uses reconciliation, data integration, enrichment, quality, and governance. Data is identified, matched, and merged across systems using automation and artificial intelligence (AI), and then the clean data is provided with systems, applications, and analytics that require it.
MDM can correct for errors in records, identify where the data comes from, and generate an audit trail of modifications when merging information. Transparency inside a secure framework enables visibility into the creation and modification of each master record. The master record holds information on key properties that an organization needs to know in order to complete a task or action, including a service calls, marketing campaigns, or a sales conversation.
The regional countries' healthcare sectors are well-established, and new technologies are expected to be introduced in the coming years. The National Health Expenditure Accounts are the official estimation of overall healthcare spending in the United States. As per the Centers for Medicare & Medicaid Services (NHEA). The NHEA, which was established in 1960, keeps track of annual spending on healthcare services and goods, public health activities, government administration, the net cost of health insurance, as well as healthcare investment in the United States.
The US market dominated the North America Master Data Management Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $10,175.6 million by 2028. The Canada market is poised to grow at a CAGR of 17.7% during (2022 - 2028). Additionally, The Mexico market is experiencing a CAGR of 16.7% during (2022 - 2028).
Based on Component, the market is segmented into Solution and Services. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Manufacturing, Retail, Government & Public Sector, Healthcare & Life Sciences, Energy & Utilities and Others. Based on Organization size, the market is segmented into Large On-premise and SMEs. Based on Deployment Mode, the market is segmented into On-premise and Cloud. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Master Data Management Market is Estimated to reach $39.4 Billion by 2028, at a CAGR of 15.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, SAP SE, Teradata Corporation, Cloudera, Inc., Tibco Software, Inc. (Vista Equity Partners), SAS Institute, Inc., Stibo Systems, Inc. (The Stibo Group), Informatica, LLC, Syndigo, LLC (Riversand)
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- BFSI
- Telecom & IT
- Manufacturing
- Retail
- Government & Public Sector
- Healthcare & Life Sciences
- Energy & Utilities
- Others
By Organization size
By Deployment Mode
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- SAP SE
- Teradata Corporation
- Cloudera, Inc.
- Tibco Software, Inc. (Vista Equity Partners)
- SAS Institute, Inc.
- Stibo Systems, Inc. (The Stibo Group)
- Informatica, LLC
- Syndigo, LLC (Riversand)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Master Data Management Market, by Component
1.4.2 North America Master Data Management Market, by Vertical
1.4.3 North America Master Data Management Market, by Organization size
1.4.4 North America Master Data Management Market, by Deployment Mode
1.4.5 North America Master Data Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Mar) Leading Players
Chapter 4. North America Master Data Management Market by Component
4.1 North America Solution Market by Country
4.2 North America Services Market by Country
Chapter 5. North America Master Data Management Market by Vertical
5.1 North America BFSI Market by Country
5.2 North America Telecom & IT Market by Country
5.3 North America Manufacturing Market by Country
5.4 North America Retail Market by Country
5.5 North America Government & Public Sector Market by Country
5.6 North America Healthcare & Life Sciences Market by Country
5.7 North America Energy & Utilities Market by Country
5.8 North America Other Vertical Market by Country
Chapter 6. North America Master Data Management Market by Organization size
6.1 North America Large Enterprises Market by Country
6.2 North America SMEs Market by Country
Chapter 7. North America Master Data Management Market by Deployment Mode
7.1 North America On-premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Master Data Management Market by Country
8.1 US Master Data Management Market
8.1.1 US Master Data Management Market by Component
8.1.2 US Master Data Management Market by Vertical
8.1.3 US Master Data Management Market by Organization size
8.1.4 US Master Data Management Market by Deployment Mode
8.2 Canada Master Data Management Market
8.2.1 Canada Master Data Management Market by Component
8.2.2 Canada Master Data Management Market by Vertical
8.2.3 Canada Master Data Management Market by Organization size
8.2.4 Canada Master Data Management Market by Deployment Mode
8.3 Mexico Master Data Management Market
8.3.1 Mexico Master Data Management Market by Component
8.3.2 Mexico Master Data Management Market by Vertical
8.3.3 Mexico Master Data Management Market by Organization size
8.3.4 Mexico Master Data Management Market by Deployment Mode
8.4 Rest of North America Master Data Management Market
8.4.1 Rest of North America Master Data Management Market by Component
8.4.2 Rest of North America Master Data Management Market by Vertical
8.4.3 Rest of North America Master Data Management Market by Organization size
8.4.4 Rest of North America Master Data Management Market by Deployment Mode
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations and Agreements:
9.1.5.2 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Oracle Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expense
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Geographical Expansions:
9.2.6 SWOT Analysis
9.3 SAP SE
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Product Launches and Product Expansions:
9.3.6 SWOT Analysis
9.4 Teradata Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Product Launches and Product Expansions:
9.4.6 SWOT Analysis
9.5 Cloudera, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.6 Tibco Software, Inc. (Vista Equity Partners)
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Product Launches and Product Expansions:
9.7 SAS Institute, Inc.
9.7.1 Company Overview
9.8 Stibo Systems, Inc. (The Stibo Group)
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.9 Informatics, LLC
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements
9.9.2.2 Product Launches and Product Expansions:
9.10. Syndigo, LLC (Riversand)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
9.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Master Data Management Market, 2018 - 2021, USD Million
TABLE 2 North America Master Data Management Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Master Data Management Market
TABLE 4 Product Launches And Product Expansions – Master Data Management Market
TABLE 5 Acquisition and Mergers – Master Data Management Market
TABLE 6 Geographical Expansions – Master Data Management Market
TABLE 7 North America Master Data Management Market by Component, 2018 - 2021, USD Million
TABLE 8 North America Master Data Management Market by Component, 2022 - 2028, USD Million
TABLE 9 North America Solution Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Master Data Management Market by Vertical, 2018 - 2021, USD Million
TABLE 14 North America Master Data Management Market by Vertical, 2022 - 2028, USD Million
TABLE 15 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 16 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Retail Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Retail Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Master Data Management Market by Organization size, 2018 - 2021, USD Million
TABLE 32 North America Master Data Management Market by Organization size, 2022 - 2028, USD Million
TABLE 33 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 35 North America SMEs Market by Country, 2018 - 2021, USD Million
TABLE 36 North America SMEs Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Master Data Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 38 North America Master Data Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 39 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 40 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 41 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 42 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Master Data Management Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Master Data Management Market by Country, 2022 - 2028, USD Million
TABLE 45 US Master Data Management Market, 2018 - 2021, USD Million
TABLE 46 US Master Data Management Market, 2022 - 2028, USD Million
TABLE 47 US Master Data Management Market by Component, 2018 - 2021, USD Million
TABLE 48 US Master Data Management Market by Component, 2022 - 2028, USD Million
TABLE 49 US Master Data Management Market by Vertical, 2018 - 2021, USD Million
TABLE 50 US Master Data Management Market by Vertical, 2022 - 2028, USD Million
TABLE 51 US Master Data Management Market by Organization size, 2018 - 2021, USD Million
TABLE 52 US Master Data Management Market by Organization size, 2022 - 2028, USD Million
TABLE 53 US Master Data Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 54 US Master Data Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 55 Canada Master Data Management Market, 2018 - 2021, USD Million
TABLE 56 Canada Master Data Management Market, 2022 - 2028, USD Million
TABLE 57 Canada Master Data Management Market by Component, 2018 - 2021, USD Million
TABLE 58 Canada Master Data Management Market by Component, 2022 - 2028, USD Million
TABLE 59 Canada Master Data Management Market by Vertical, 2018 - 2021, USD Million
TABLE 60 Canada Master Data Management Market by Vertical, 2022 - 2028, USD Million
TABLE 61 Canada Master Data Management Market by Organization size, 2018 - 2021, USD Million
TABLE 62 Canada Master Data Management Market by Organization size, 2022 - 2028, USD Million
TABLE 63 Canada Master Data Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 64 Canada Master Data Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 65 Mexico Master Data Management Market, 2018 - 2021, USD Million
TABLE 66 Mexico Master Data Management Market, 2022 - 2028, USD Million
TABLE 67 Mexico Master Data Management Market by Component, 2018 - 2021, USD Million
TABLE 68 Mexico Master Data Management Market by Component, 2022 - 2028, USD Million
TABLE 69 Mexico Master Data Management Market by Vertical, 2018 - 2021, USD Million
TABLE 70 Mexico Master Data Management Market by Vertical, 2022 - 2028, USD Million
TABLE 71 Mexico Master Data Management Market by Organization size, 2018 - 2021, USD Million
TABLE 72 Mexico Master Data Management Market by Organization size, 2022 - 2028, USD Million
TABLE 73 Mexico Master Data Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 74 Mexico Master Data Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 75 Rest of North America Master Data Management Market, 2018 - 2021, USD Million
TABLE 76 Rest of North America Master Data Management Market, 2022 - 2028, USD Million
TABLE 77 Rest of North America Master Data Management Market by Component, 2018 - 2021, USD Million
TABLE 78 Rest of North America Master Data Management Market by Component, 2022 - 2028, USD Million
TABLE 79 Rest of North America Master Data Management Market by Vertical, 2018 - 2021, USD Million
TABLE 80 Rest of North America Master Data Management Market by Vertical, 2022 - 2028, USD Million
TABLE 81 Rest of North America Master Data Management Market by Organization size, 2018 - 2021, USD Million
TABLE 82 Rest of North America Master Data Management Market by Organization size, 2022 - 2028, USD Million
TABLE 83 Rest of North America Master Data Management Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 84 Rest of North America Master Data Management Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 85 Key information – IBM Corporation
TABLE 86 Key Information – Oracle Corporation
TABLE 87 Key Information – SAP SE
TABLE 88 Key Information – Teradata Corporation
TABLE 89 Key Information – Cloudera, Inc.
TABLE 90 Key information – Tibco Software, Inc.
TABLE 91 Key information – SAS Institute, Inc.
TABLE 92 Key Information – Stibo Systems, Inc.
TABLE 93 key information – Informatica, LLC
TABLE 94 Key Information – Syndigo, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions: 2018, Feb – 2022, Mar) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 SWOT Analysis: SAP SE
FIG 8 SWOT Analysis: Teradata Corporation
FIG 9 Recent strategies and developments: Informatica, LLC
FIG 10 Recent strategies and developments: Syndigo, LLC