Data Management – Global Market Outlook (2017-2023)” report has
been added to ResearchAndMarkets.com’s offering.
The Global Enterprise Data Management Market is accounted for $68.6
billion in 2016 and is expected to reach $142.67 billion by 2023 growing
at a CAGR of 11% from 2016 to 2023.
Growing demand for risk management, rising regulatory compliance and
regulations, improved adoption rate of massive parallel processing
architectures & columnar databases and enhanced streamline business
operations are some key factors triggering the market size. However,
data address validation issues and presence of data silos are some
factors limiting the market growth. Moreover, exploitation of data
maturity model will remain as a significant opportunity for the market
growth over the forecast period.
By end-user, healthcare segment is expected to grow at a significant
rate. In the healthcare industry, huge collection and management of data
is involved in order to maintain the medical records of the patients for
further treatment. With increase in demand for health information
technology, data management has gained importance in the health care
industry, which supports the market growth.
What the report offers:
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180615005719/en/