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MDM BPO Market

MDM BPO Market

MDM BPO Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026

MDM BPO Market
FACT386MR
  • Jan-2018
  • List of Tables : 153
  • List of Figures : 117
  • 170 Pages
  • Technology

Introduction

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.

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.

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

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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
  • Informatica.

Market Taxonomy

Region
  • North America
  • Latin America
  • Europe
  • Japan
  • APEJ
  • MEA
Data Type
  • Supply Centric MDM
  • Enterprise Centric MDM
  • Customer Centric MDM
By Function
  • Finance & Accounting
  • Procurement
  • Marketing
  • HR
  • Other (Logistics, Sales & Delivery)
Industry
  • Manufacturing
  • Automotive
  • BFSI
  • Healthcare & Pharmaceuticals
  • IT & Telecommunication
  • Retail & Consumer Goods
  • Aerospace & Defense
  • Others( Education, Government)
Enterprise Type
  • Large Enterprise
  • Small & Medium Enterprise

MDM BPO Market Scope Of The Report

Growing essentiality of organizing and processing large quantity of data that is generated by organizations in electronic, printed and other formats, along with growing realization of benefits associated with outsourcing these tasks to the specialist data service providers are key factors driving growth of the MDM BPO market.

This report, compiled by Fact.MR, provides in-depth analysis of the global MDM BPO market for the forecast period 2017-2026, offering key insights on the growth prospects of the market.

Scope:

The scope of the Fact.MR’s report is to analyze the global MDM BPO market for the forecast period 2017-2026 and offer accurate and unbiased insights to the readers.

MDM BPO suppliers, stakeholders and manufacturers in the global information and communication technology industry can benefit from the analysis offered in this report.

Comprehensive analysis regarding the impact of technological advancements such as cloud computing, internet of things (IoT), big data and artificial intelligence is detailed in this report.

The comprehensive study throws light on various trends, dynamics and restrains shaping future of the market, which can serve as a platform of further study, interest and understanding for the leading industries, journals and trade magazines pertaining to global MDM BPO market.

Summary:

The report commences with introducing the current market scenario for MDM BPO.

The executive summary section of the report offers insights to users regarding the future scope of the global MDM BPO market.

Brief information on the crucial aspects, statistics and facts on the global MDM BPO keyword market is highlighted in this section.

Overview:

The next section offers an overview of the global MDM BPO market. This section includes definition of the product – MDM BPO, along with insights on dynamics contributing towards growth of the market.

The overview also throws light on year-on-year growth and market value defining the future progress and decline of the global MDM BPO.

Statistics on the year-on-year growth provides readers with a broader view on expected progress patterns reshaping growth over the forecast period.

In the succeeding section, the report offers insights on major trends, retrains and drivers from demand, supply and macro-economic perspectives.

The report also focuses on impact analysis of key drivers and restraints that offers better decision-making insights to clients.

The report further provides the readers with information on the leading technology and advancements traced in the global MDM BPO market.

Up-to-date information and latest advancements regarding growth opportunities can benefit the leading manufacturers of MDM BPO.

With continuous evolution and advancements in technology, tracking the latest trends and developments is fundamental for MDM BPO manufacturers to formulate key business strategies. Detailed insights regarding the supply chain, list of distributors, raw material sourcing, cost structure, and pricing analysis are provided in this section.

Considering the wide-scope of the global MDM BPO market, Fact.MR’s report offers in-depth insights on the forecast and segment-wise analysis.

The MDM BPO market has been categorized on the basis of data type, function, industry, enterprise type, and region.

This sections offers comprehensive segmentation analysis, coupled with a detailed country-wise forecast provided on all parameters.

In the last section, the report provides information regarding the competitive landscape, along with a dashboard view of the market players and company analysis.

This competitive intelligence is based on the providers’ categories across the value chain, and their presence in the global MDM BPO market.

Research Methodology

Fact.MR is committed to offer unbiased and independent market research solutions to its clients. Each market report of Fact.MR is compiled after months of exhaustive research.

We bank on a mix of tried-and-tested and innovative research methodologies to offer the most comprehensive and accurate information. Our main sources of research include,

  • Primary research
  • Secondary research
  • Trade research
  • Focused interviews
  • Social media analysis

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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

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Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

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