Master Data Management Market Growth, Global Size, Industry Forecast to 2027 The Master Data Management Market size to grow from USD 16.7 billion in 2022 to USD 34.5 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period, according to new research report by MarketsandMarkets™ Various factors such as incorporation of new technologies with master data management, and increasing adoption of data quality tools for data management are expected to drive the adoption of MDM solutions and services. MDM solutions comprise a set of comprehensive tools that help end users channel and securely maintain their critical master data. These solutions provide users with enhanced features, such as data validation, data collection, data update on a real-time basis, synchronization, data harmonization, cleansing, de-duplication, and data matching. Master data mainly comprises the prominent data types of an organization, such as customer data, product data, supplier data, location data, and asset data. MDM solutions and services provide in-depth insights into the product life cycle, vendor listing, multi-domain customer requirements, and inventory data. These insights provide users with information that helps them improve their customer experiences, accelerate their analytical and transactional operations, and make faster business decisions. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=267174702