Development Trends, Size, Share, Growth and Opportunities – EcoChunk

According to the latest IMARC group report, entitled “Data Management Market Size: Global Industry Trends, Share, Growth, Opportunities and Forecast 2021-2026“, the global data control market has shown moderate growth during the period 2015-2020. Looking ahead, the market expects to grow at a CAGR of around 16% during 2021 -2026.

Data conflicts refer to the process of restructuring raw data into the desired format for faster and better decision making. Also known as data munging, it is about transforming and mapping unorganized data using advanced algorithms for data visualization. As a result, this process is widely adopted for various business processes in finance, human resources, marketing, sales and operations to improve overall efficiency.

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Market trends

The global market is mainly driven by a substantial increase in the volumes of data generated by various industries. This is supported by the introduction of artificial intelligence (AI), cloud computing and big data, which generate huge sets of unstructured data. Additionally, growing concerns about fraudulent activity in the banking, financial services and insurance (BFSI) industry have encouraged several institutions to embrace data wrangling to strengthen data security and optimize online banking portals. Other factors including growing social media penetration and widespread automation across many industries are also contributing to the growth of the market.

To note: We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of related industries. These observations will be incorporated into the report.

Competitive landscape:

The competitive landscape of the industry was also examined along with the profiles of the major players.

  • Altair Engineering Inc.
  • Hitachi Vantar Corporation
  • Impetus Technologies Inc.
  • International Business Machines Corporation
  • Oracle Corporation
  • SAS Institute Inc.
  • Teradata Company
  • TIBCO Software Inc
  • Trifacta Software Inc.

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The report has segmented the market on the basis of component, mode of deployment, organization size, business function, industry vertical, and region.

Breakdown by component:

Breakdown by deployment mode:

Breakdown by organization size:

  • Large companies
  • Small and medium enterprises

Breakdown by sales function:

  • Finance
  • Marketing and sales
  • Operations
  • Human ressources

Breakdown by business sector:

  • BFSI
  • Government and public sector
  • Health and Life Sciences
  • Retail and e-commerce
  • Media and entertainment
  • IT and Telecom
  • Manufacturing
  • Others

Breakdown by region:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • Middle East and Africa

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About Us

The IMARC group is a leading market research company providing management strategies and market research worldwide. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include key business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasting and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and new processing methods are at the top of the market. business expertise.

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