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The master data management (MDM) solutions market size is forecast to increase by USD 20.29 billion at a CAGR of 16.72% between 2023 and 2028. The market is experiencing significant growth due to the increasing volume and complexity of data in various industries, including BFSI vertical, IT and telecom, manufacturing, and energy & utilities. This data consolidation is driven by the need to gain a single, accurate view of business data to improve operational efficiency and enhance decision-making capabilities. Additionally, advancements in natural language processing (NLP), machine learning (ML), and artificial intelligence (AI) technologies are enabling MDM solutions to provide more intelligent and automated data management capabilities. However, data privacy and security concerns continue to pose challenges for MDM solution providers, with data breaches being a major concern. Cloud deployment is also gaining popularity in the MDM market due to its cost-effectiveness and flexibility, allowing organizations to store and manage their data more securely and efficiently.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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