Master Data Management Market by Component (Services and Solutions), Data Type, Deployment Type (On-Premises and Cloud), Entity Size (MSMEs & Large Enterprises), Vertical (BFSI, Manufacturing, Healthcare, Retail), and Region – 2022 to 2027


The master data management market size is projected to reach USD 26 billion by 2024, at a CAGR of 18.13% from 2018 to 2024. The master data management market is largely driven by the increasing use of data quality tools for data management and the rising need for compliance.