MDM BPO Market help enterprises in making informed business decisions
About
MDM
BPO market
Master data management (MDM)
engulfs processes, tools, standards, policies and governance, which
consistently manage and define critical data generated by an
organization for providing single point of reference. An MDM BPO
provides services for collecting, aggregating, matching,
quality-assuring, and consolidating this data for ensuring
consistency & control in ongoing maintenance and application.
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Demand for MDM Increasing with
Growing IoT Proliferation
Over the past few years, master
data management has witnessed substantial advancement, with the
emergence of internet of things (IoT) accelerating penetration of
information technology into a wide range of industries. Organizations
are ramping up their investment in the IoT technology, as it offers
various advantages in the sectors of global networks, big data
analytics, and cloud computing. Number of startups across the globe
have been surging, along with significant growth in businesses being
conducted over the web. Considering direct proportionality of IoT
proliferation to the requirement for data management, demand for
master data management will witness an upsurge in the near future.
Master data management enables organizations in deriving actionable
insights from IoT data generated.
global mdm bpo market
The
need to invest in master data management has therefore become
imperative for an organization’s success. Businesses today find it
crucial for making effective business decisions in a short period of
time. Organizations are continuously striving to acquire better
productivity on the back of unstructured information and poor data
quality, which in turn leads toward poor decision making and impacts
business processes. In a bid to over these challenges, organizations
rely on BPOs for management of their data. MDM BPOs accomplish
customer expectations through provision of comprehensive solutions,
which combine power data, technology and analytics. MDM BPOs help
enterprises in making informed business decisions, and improving
their ROI by excellently connecting
right people with the right products.
According
to Fact.MR’s recently published report, the global MDM BPO market
will register a spectacular rise over the forecast period
(2017-2026). Revenues from the market are estimated to surpass US$
10,000 Mn by 2026-end.
Others( Education, Government)
(Additional information, including
cross-sectional data and country-wise analysis & forecast is
available in the report)
North America and Europe to Remain
Most Profitable Regions for the Market Growth
With rapid growth in technological
advancements and high adoption of IoT across various organizations in
developed regions such as North America and Europe, huge amount of
data is generated. This further calls for effective MDM creating
demand for MDM BPOs in these regions. North America and Europe are
expected to remain the most profitable regions for growth of the MDM
BPO market. Asia-Pacific excluding Japan (APEJ) has become a key
region for outsourcing various processes and operations. APEJ will
also account for a major portion of the market revenue share by
2026-end.
Customer centric MDM is
anticipated to remain the leading data type segment, with revenues
projected to account for approximately half share of the market by
2026-end. Following customer centric MDM will be enterprise centric
MDM, with revenues poised to hold over one-third share of the market
during the forecast period.
Key Research Findings from
Fact.MR’s Report
HR and finance & accounting
will remain leading functions of MDM BPO
Manufacturing and BFSI are
expected to remain most lucrative industries in the global MDM BPO
market
Small & medium enterprises
will become the most lucrative enterprise type segment in the market
by 2026-end
Competition Tracking
Key players actively contributing
to growth of the global MDM BPO market include TCS, Orchestra
Networks, Talend, Riversand Technologies, Inc., Magnitude Software,
Infosys Limited, Cap Gemini, Genpact, SAP, TIBCO Software, IBM
Corporation, Oracle Corporation, and Informatica.
Note: The insights mentioned here
are of the respective analysts, and do not reflect the position of
Fact.MR
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Table of Contents
1. Global Economic Outlook
2. Global MDM BPO Market -
Executive Summary
3. Global MDM BPO Market Overview
3.1. Introduction
3.1.1. Global MDM BPO
Market Taxonomy
3.1.2. Global MDM BPO
Market Definition
3.2. Global MDM BPO Market Size
(US$ Mn) and Forecast, 2012-2026
3.2.1. Global MDM BPO
Market Y-o-Y Growth
3.3. Global MDM BPO Market
Dynamics
3.4. Vendor Share Analysis
3.5. Key Participants Market
Presence (Intensity Map) By Region
3.6. Value Chain Analysis
3.7. Top Vendor Offerings
3.8. MDM BPO Framework
3.9. PESTLE Analysis
3.10. Forecast Factors
About us
Fact.MR is focused on offering
transformative intelligence that inspires breakthroughs and
innovation. We believe that the right decisions at the opportune time
are integral to achieve extraordinary success. We are here to help
you with your strategic decision making. And, how do we that? By
tapping into the vast labyrinth of data to bring you intelligence
that inspires.
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