Boston, MA -- (SBWIRE) -- 09/08/2016 -- Data quality tools refer to a wide range of tools required to ensure the quality and dependability of data in several business processes, including core business operations, business intelligence (BI), analytics, and strategic decision-making. Data quality tool vendors offer a wide range of functionalities such as data profiling, monitoring, parsing, standardization, and enrichment. These tools are applied to customer data, financial data, and product data to improve the quality of the data. Many organizations use data quality tools to obtain the benefits of big data.

Technavio's analysts forecast the global data quality tools market to grow at a CAGR of 14.41% during the period 2016-2020.

Covered in this report

Get More Details on this Report and a Full Table of Contents at Global Data Quality Tools Market 2016-2020

The report covers the present scenario and the growth prospects of the global data quality tools market for 2016-2020. To calculate the market size, the report considers the revenue generated from license fees, consulting fees, and annual maintenance fees of data quality tools.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Data Quality Tools Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-IBM
-Informatica
-Oracle
-SAP
-SAS Institute
-Trillium Software

Other prominent vendors

-Ataccama
-DataMentors
-Experian
-Innovative Systems
-Melissa Data
-Pitney Bowes
-RedPoint
-Talend
-Uniserv

Market driver

-Increased need for data quality functions in big data
-For a full, detailed list, view our report

Market challenge

-High implementation and product costs
-For a full, detailed list, view our report

Market trend

-Rising incorporation of data quality tools with data integration tools
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: IBM, Informatica, Oracle, SAP, SAS Institute, Trillium Software, Ataccama, DataMentors, Experian, Innovative Systems, Melissa Data, Pitney Bowes, RedPoint, Talend, Uniserv

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