Global Data Quality Tools market to grow at a CAGR of 17.11% over the period 2014-2019, Finds New Report

Report forecast the Global Data Quality Tools market to grow at a CAGR of 17.11 percent over the period 2014-2019.

Data quality tools refer to the wide range of tools required for ensuring quality and reliability of data in various business processes including core business operations, BI, analytics, and decision making. The data quality vendors offer a wide range of functionalities including data profiling, monitoring, parsing, standardization, and data enrichment. These tools are applied on customer data, financial data, and product data to improve the quality of data. Many organizations use data quality tools to avail the benefits of Big Data.

This report covers the present scenario and the growth prospects of the Global Data Quality Tools market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of data quality tools. The report also specifies the revenue generated from software and services. The report also details the revenue generated from the deployment of on-premises and cloud models.

According to the report, the increased demand for data quality functions in big data is one of the major drivers for the market. Organizations have a huge amount of data, and need data quality tools to collect, extract, and analyze them to make better decisions, improve processes, and achieve desired corporate goals.

Further, the report states that inconsistency in data collection poses a major challenge for the market. Inconsistency in data collection prevents enterprises from eliminating poor quality data from their warehouses, and this acts as a potential threat to business operations.

It presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the Global Data Quality Tools market. To calculate vendor share, the report considers revenue generated from software licenses and services. In addition, the report discusses the major drivers that influence the growth of the Global Data Quality Tools market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

Key players in the Global Data Quality Tools Market: Experian Plc, Informatica Corp., SAP AG, SAS Institute Inc. and Trillium Software (Harte Hanks Company)

Other Prominent Vendors in the market are: ActivePrime, Attaccama, Business Data Quality, DataMentors, Datiris, DQ Global, IBM, Infoglide Software, Infoshare Systems, Innovative Systems, Intelligent Search Technology, Melissa Data, Oracle, Pitney Bowes, RedPoint , Talend and Uniserv.

Key Regions

• Americas
• APAC
• EMEA

Market Driver

• Increased Demand for Data Quality Functions in Big Data
• For a full, detailed list, view our report

Market Challenge

• Inconsistency in Collection of Data
• For a full, detailed list, view our report

Market Trend

• Increased use of Data Quality Tools for Marketing
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 83 pages “Global Data Quality Tools Market 2015-2019” report covers the Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Description, Market Landscape, Market Segmentation by Deployment Model, Market Segmentation by Revenue, Geographical Segmentation, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis

For further information on this report, please visit- http://mrr.cm/4xq

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