Master Data Management Market to Registered Growth at 27.25% CAGR from 2016 to 2024
As the amount of data generated by organizations multiples rapidly, organizations can no longer afford to delay investments in master data management solutions. This will help the opportunity in the global master data management market to spiral to US$37.97 bn by 2024, rising at a 27.25% CAGR from 2016 to 2024. The market had a valuation of US$4.35 bn in 2015. Consolidation among companies is helping this market blaze ahead, says TMR.