Worldwide Master Data Management Competitive Software Forecast, 2023-2027

This IDC study defines, sizes, and forecasts the worldwide master data management (MDM) competitive software market."Master data management solutions can be difficult to implement and maintain, but growth of the market in recent years illustrates that these types of solutions are becoming more important in modern data environments," says Stewart Bond, vice president, Data Intelligence and Integration Software Research at IDC. "Master data management solutions enable organizations to locate and reconcile multiple versions of the truth for parties, things, and places that are important to the business, and the need will continue to grow as data becomes even more distributed, diverse, and dynamic."