Global Data Quality Tools Market Report

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Apr 17, 2014, 01:59 ET

DUBLIN, April 17, 2014 /PRNewswire/ --

Research and Markets (http://www.researchandmarkets.com/research/7xfwm5/global_data) has announced the addition of the "Global Data Quality Tools Market Report" report to their offering.

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The analysts forecast the Global Data Quality Tools market to grow at a CAGR of 16.78 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to enhance productivity. The Global Data Quality Tools market has also been witnessing the emerging SaaS-based data quality tools. However, the high implementation and product cost could pose a challenge to the growth of this market.

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

The emergence of SaaS-based data quality solutions has enabled organizations to increase their efficiency and reduce the cost of deploying valuable IT infrastructure. However, numerous organizations are still analyzing the feasibility and relevance of such cloud computing solutions in their IT operations.

The SaaS-based model is a pay-per-use model which provides cost-effective accessibility to the end-users; it is a paradigm where quality tools can be accessed at any time and in any place by multiple users. Although some enterprises have a good understanding of the benefits offered by SaaS-based data quality solutions, there are a number of concerns and risks, particularly about data sharing and security, and these concerns are affecting the steady adoption of such solutions.

However, the Global Data Quality Tools market is witnessing a trend where several vendors in the market are beginning to offer solutions through the SaaS-based model to expand their services and enter new markets.

According to the report, one of the major drivers is the need to enhance productivity. There has been an increase in the volume and variety of data generated inside organizations and the speed at which they are generated. As data quality tools help organizations improve the quality of enterprise-wide data, they help improve overall business productivity. Demand for such tools has increased.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Geographical Segmentation

08. Key Leading Countries

09. Buying Criteria

10. Market Growth Drivers

11. Drivers and their Impact

12. Market Challenges

13. Impact of Drivers and Challenges

14. Market Trends

15. Trends and their Impact

16. Vendor Landscape

17. Key Vendor Analysis

18. Other Reports in this Series

Companies Mentioned: