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Global Data Quality Tools Market 2017-2021

About Data Quality Tools

Data quality tools are used to analyze sets of data and convert it into meaningful information. They are required to ensure the quality of data being delivered to different business processes such as decision making, business intelligence (BI), and analytics. These tools are used to improve the quality of enterprise data like financial data, customer data, and product data. Data quality tools help address various aspects of data quality problems such as data enrichment, monitoring, cleansing, matching, parsing, and data profiling.

Technavio’s analysts forecast the global data quality tools market to grow at a CAGR of 16.8% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global data quality tools market for 2017-2021. To calculate the market size, the report considers the sales of the software license by on-premise and cloud-based deployment model of data quality tools.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Data Quality Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • IBM
  • SAP
  • SAS Institute
  • Trillium Software
  • Ataccama
  • Bridge Growth Partners
  • Datiris
  • DQ Global
  • Experian Information Solutions
  • Information Builders
  • Innovative Systems
  • Oracle
  • RedPoint Global
  • Trillium Software
  • Uniserv
Market driver
  • Increasing use of data quality tools for marketing
  • For a full, detailed list, view our report
Market challenge
  • High implementation and production cost
  • For a full, detailed list, view our report
Market trend
  • Increasing use of IoT
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Data Quality Tools Market 2017-2021

Technavio recognizes the following companies as the key players in the global data quality tools market: IBM, SAP, SAS Institute, Trillium Software, Ataccama, Bridge Growth Partners, Datiris, DQ Global, Experian Information Solutions (Experian Data Quality), Information Builders, Innovative Systems, Oracle, RedPoint Global, and Uniserv.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing use of IoT. In IoT, the data is generated from the interaction of globally located smart appliances and smart infrastructures. The explosion of data generated by IoT devices has created an opportunity to gain new insights about the world. IoT is expected to generate more than 350 zettabytes of data by 2018. Many enterprises, government agencies, and other pioneering businesses are taking steps for implementing IoT technologies like sensors, devices, and software. This huge amount of data will not be useful if it is just stored in data centers.”

According to the report, one of the major drivers for this market is Increasing use of data quality tools for marketing. Data quality tools are being adopted by enterprises to understand the buying behavior of the consumers and use it for marketing. Enterprises are using data quality tools for digital marketing. For digital marketing, enterprises use data quality tools to clean and profile the data to target customers with appropriate products. Data quality is becoming more important than ever in creating highly accurate and sophisticated customer profiles for marketing. Data quality tools help in digital marketing by collecting accurate customer data that is stored in databases and translate that data into rich cross-channel customer profiles. This also helps them to take better decisions on how to maximize the funds coming in. Thus, marketers are using data quality tools to change their company processes of marketing.

Further, the report states that one of the major factors hindering the growth of this market is High implementation and production cost. The deployment of data quality tools can be an expensive process. It needs a thorough process of defining requirements, which are usually costly. Implementing a complete traditional data quality tool can be time-consuming. Moreover, once the deployment begins, making changes becomes expensive. It also requires expensive and complex programming, additional infrastructure, and extra time and money to ensure proper integration with existing operating systems. In addition, many vendors charge for software updates, especially ones that provide improved features. Some vendors virtually force end-users to purchase updates by refusing to provide technical support if the latest version has not been purchased. This factor is inhibiting the growth of the global data quality tools market.

Companies Mentioned

IBM, SAP, SAS Institute, Trillium Software, Ataccama, Bridge Growth Partners, Datiris, DQ Global, Experian Information Solutions (Experian Data Quality), Information Builders, Innovative Systems, Oracle, RedPoint Global, and Uniserv.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global IT software market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global - Market size and forecast 2016-2021 ($ bn)
      • Table Global - Year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Table Five forces analysis 2021
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by deployment type
    • Segmentation by deployment type
      • Table Deployment type - Market share 2016-2021 (%)
    • Comparison by deployment
      • Table Comparison by deployment
    • On-premise - Market size and forecast 2016-2021
      • Table On-Premise - Market size and forecast 2016-2021 ($ bn)
      • Table On-premise - Year-over-year growth 2017-2021 (%)
    • Cloud-based - Market size and forecast 2016- 2021
      • Table Cloud-based - Market size and forecast 2016-2021 ($ bn)
      • Table Cloud-based - Year-over-year growth 2017-2021 (%)
    • Market opportunity by deployment
      • Table Market opportunity by deployment
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2016-2021
      • Table Americas - Market size and forecast 2016-2021 ($ bn)
      • Table Americas - Year-over-year growth 2017-2021 (%)
      • Table Top three countries in Americas
    • EMEA - Market size and forecast 2016-2021
      • Table EMEA - Market size and forecast 2016-2021 ($ bn)
      • Table EMEA - Year-over-year growth 2017-2021 (%)
      • Table Top three countries in EMEA
    • APAC - Market size and forecast 2016-2021
      • Table APAC - Market size and forecast 2016-2021 ($ bn)
      • Table APAC - Year-over-year growth 2017-2021 (%)
      • Table Top three countries in APAC
    • Market opportunity
      • Table Market opportunity by geography
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Open-source data quality tools
  • Market trends
    • Increasing big data and analytics
    • Increasing use of IoT
    • Integration of data quality tools with data integration solution
  • Vendor landscape
    • Competitive scenario
      • Table Vendors
  • Vendor analysis
    • Table Vendor analysis
  • Appendix
    • List of abbreviations
  • Explore Technavio

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