Data Quality Tools Market by Data Type (Customer Data, Product Data, Financial Data, Compliance Data, and Supplier Data), Component (Software and Services), Business Function, Deployment Model, Organization Size, Vertical - Global Forecast to 2022

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Date: 14-Jul-2017
No. of pages: 154
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Generation of massive amounts of data is one of the drivers for the growth of the data quality tools market

The data quality tools market size is expected to grow from USD 610.2 million in 2017 to USD 1,376.7 million by 2022, at a Compound Annual Growth Rate (CAGR) of 17.7%. The advent of technology is a major factor resulting in data explosion. Furthermore, the fall in gadget prices, the increasing accessibility of users to smart devices, and powerful computing tools have contributed to this rise in data. The ever-expanding amount of data has led to complex data types and formats, thus understanding and evaluating the information from this collected data for rapid actionable decisions is expected to drive the growth of the data quality tools market. However, the lack of awareness acts as a major restraining factor for the growth of this market.

Legal business function is expected to be the highest growing segment in the data quality tools market

The legal department in an organization supervises the business operations and business processes, which are not limited to financial and spend management or legal document management. It is the most crucial departments that assist the organization to pursue a wider compliance and regulatory understanding. Mostly, such departments also help develop a comprehensive data quality program, which would not only look into mitigation of various types of potential risk involved within the businesses, but also keep a check if the compliances are in place or not.

Asia Pacific (APAC) is expected to have the highest growth rate in the data quality tools market by region

APAC is projected to grow at the highest CAGR during the forecast period. The data quality tools market in the APAC region is projected to grow--this growth can be attributed to major countries, such as India, China, Australia, and New Zealand, which are aggressively adopting data quality tools to maintain the competitive edge in the market. Technological advancements, uncertain economic conditions, and the presence of a large number of Small and Medium-Sized Enterprises (SMEs) are some of the major contributing factors for the growth of the data quality tools market in this region.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of profile of primary participants is as follows:


  • By Company: Tier 1 – 29 %, Tier 2 –54%, and Tier 3 –17%

  • By Designation: C level – 41%, Director level – 34%, and Others – 25%

  • By Region: North America – 44%, Europe – 20%, and APAC – 36%


The data quality tools market comprises the following major vendors:


  • Microsoft Corporation (US)

  • SAP SE (Germany)

  • IBM Corporation (US)

  • SAS Institute Inc. (US)

  • Oracle Corporation (US)

  • Informatica Corporation (US)

  • Experian Data Quality (US)

  • Tamr (US)

  • Pitney Bowes (US)

  • Information Builder (US),

  • Talend (US)

  • Trianz (US)

  • Syncsort (US)


Research Report

The report segments the data quality tools market on the basis of data types(customer data, product data, financial data, compliance data and supplier data); business functions (marketing, sales, finance, legal, and human resources); deployment models (on-premises and on-demand); organization types (SMEs and large enterprises); and industry verticals (Banking, Financial Services, and Insurance (BFSI), telecommunication and IT, retail and eCommerce, healthcare and life sciences, manufacturing, government, energy and utilities, media and entertainment, and others); and regions (North America, Europe, APAC, Middle East and Africa (MEA), and Latin America).

Reasons to Buy the Report


  • To get a comprehensive overview of the global data quality tools market

  • To gain wide-ranging information about the top players in this market, their product portfolios, and the key strategies adopted by them

  • To gain insights into the major countries/regions, in which the data quality tools market is flourishing across various industry verticals

Data Quality Tools Market by Data Type (Customer Data, Product Data, Financial Data, Compliance Data, and Supplier Data), Component (Software and Services), Business Function, Deployment Model, Organization Size, Vertical - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.3 Microquadrant Research Methodology
2.3.1 Vendor Inclusion Criteria
2.4 Research Assumptions
2.5 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Data Quality Tools Market
4.2 Data Quality Tools: Market Share Across Various Regions
4.3 Data Quality Tools Market: By Vertical and Region
4.4 Lifecycle Analysis, By Region, 2017

5 Market Overview and Industry Trends
5.1 Market Overview
5.1.1 Introduction
5.1.2 Market Dynamics
5.1.2.1 Drivers
5.1.2.1.1 Increasing Volume of Business Data
5.1.2.1.2 Need for Improving Bottom-Line Performance Through Better Customer Engagement
5.1.2.1.3 Increasing Use of External Data Sources
5.1.2.1.4 Increasing Regulatory Pressure and Risk to Brand Reputation
5.1.2.2 Restraints
5.1.2.2.1 Lack of Awareness
5.1.2.3 Opportunities
5.1.2.3.1 Rise of Artificial Intelligence for Data Quality
5.1.2.4 Challenges
5.1.2.4.1 Complex Data Structures
5.1.2.4.2 Integration Affecting Data Timeliness
5.2 Industry Trends
5.2.1 Technology Overview
5.2.1.1 Normalization Tools
5.2.1.2 Statistical Tools
5.2.1.3 ETL Tools
5.2.2 Data Quality Tools—Use Cases
5.2.2.1 Use Case #1
5.2.2.2 Use Case #2
5.2.2.3 Use Case #3
5.2.2.4 Use Case #4
5.2.2.5 Use Case #5
5.2.3 Data Quality Activities

6 Data Quality Tools Market Analysis, By Data Type
6.1 Introduction
6.2 Customer Data
6.3 Product Data
6.4 Financial Data
6.5 Compliance Data
6.6 Supplier Data

7 Data Quality Tools Market Analysis, By Business Function
7.1 Introduction
7.2 Marketing
7.3 Sales
7.4 Finance
7.5 Legal
7.6 Operations
7.7 Human Resources

8 Data Quality Tools Market Analysis, By Component
8.1 Introduction
8.2 Software
8.3 Services
8.3.1 Professional Services
8.3.1.1 Consulting Services
8.3.1.2 Support and Maintenance
8.3.1.3 Education and Training
8.3.2 Managed Services

9 Data Quality Tools Market Analysis, By Deployment Model
9.1 Introduction
9.2 On-Premises
9.3 On-Demand

10 Data Quality Tools Market Analysis, By Organization Size
10.1 Introduction
10.2 Large Enterprises
10.3 Small and Medium-Sized Enterprises

11 Data Quality Tools Market Analysis, By Vertical
11.1 Introduction
11.2 Banking, Financial Services, and Insurance
11.3 Telecommunications and IT
11.4 Retail and Ecommerce
11.5 Healthcare and Life Sciences
11.6 Manufacturing
11.7 Government
11.8 Energy and Utilities
11.9 Media and Entertainment
11.10 Others

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 Asia Pacific
12.5 Middle East and Africa
12.6 Latin America

13 Competitive Landscape
13.1 Microquadrant Overview
13.1.1 Visionary Leaders
13.1.2 Innovators
13.1.3 Dynamic Differentiators
13.1.4 Emerging Companies
13.2 Competitive Benchmarking
13.2.1 Strength of Product Portfolio Adopted By Major Players in the Market
13.2.2 Business Strategy Excellence Adopted By Major Players in the Market

14 Company Profiles
Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments, Key Relationships
14.1 International Business Machines Corporation
14.2 Informatica
14.3 Oracle Corporation
14.4 SAP SE
14.5 SAS Institute Inc.
14.6 Talend
14.7 Experian PLC
14.8 Information Builders
14.9 Microsoft Corporation
14.10 Pitney Bowes Inc.
14.11 Syncsort
14.12 Tamr
14.13 Trianz

*Details on Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments Might Not Be Captured in Case of Unlisted Companies.

15 Appendix
15.1 Key Insights
15.2 Discussion Guide
15.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
15.4 Introducing RT: Real-Time Market Intelligence
15.5 Available Customization
15.6 Related Reports
15.8 Author Details

List of Tables

Table 1 United States Dollar Exchange Rate, 2014–2016
Table 2 Evaluation Criteria
Table 3 Data Quality Tools Market Size, By Data Type, 2015–2022 (USD Million)
Table 4 Customer Data: Market Size, By Region, 2015–2022 (USD Million)
Table 5 Product Data: Market Size, By Region, 2015–2022 (USD Million)
Table 6 Financial Data: Market Size, By Region, 2015–2022 (USD Million)
Table 7 Compliance Data: Market Size, By Region, 2015–2022 (USD Million)
Table 8 Supplier Data: Market Size, By Region, 2015–2022 (USD Million)
Table 9 Data Quality Tools Market Size, By Business Function, 2015–2022 (USD Million)
Table 10 Marketing: Market Size, By Region, 2015–2022 (USD Million)
Table 11 Sales: Market Size, By Region, 2015–2022 (USD Million)
Table 12 Finance: Market Size, By Region, 2015–2022 (USD Million)
Table 13 Legal: Market Size, By Region, 2015–2022 (USD Million)
Table 14 Operations: Market Size, By Region, 2015–2022 (USD Million)
Table 15 Human Resources: Market Size, By Region, 2015–2022 (USD Million)
Table 16 Data Quality Tools Market Size, By Component, 2015–2022 (USD Million)
Table 17 Market Size, By Service, 2015–2022 (USD Million)
Table 18 Market Size, By Professional Service, 2015–2022 (USD Million)
Table 19 Professional Services: Market Size, By Region, 2015–2022 (USD Million)
Table 20 Consulting Services Market Size, By Region, 2015–2022 (USD Million)
Table 21 Support and Maintenance Services Market Size, By Region, 2015–2022 (USD Million)
Table 22 Education and Training Market Size, By Region, 2015–2022 (USD Million)
Table 23 Managed Services: Market Size, By Region, 2015–2022 (USD Million)
Table 24 Data Quality Tools Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 25 On-Premises: Market Size, By Region, 2015–2022 (USD Million)
Table 26 On-Demand: Market Size, By Region, 2015–2022 (USD Million)
Table 27 Data Quality Tools Market Size, By Organization Size, 2015–2022 (USD Million)
Table 28 Large Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 29 Small and Medium-Sized Enterprises: Market Size, By Region, 2015–2022 (USD Million)
Table 30 Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 31 Banking, Financial Services, and Insurance: Market Size, By Region, 2015–2022 (USD Million)
Table 32 Telecommunications and IT: Market Size, By Region, 2015–2022 (USD Million)
Table 33 Retail and Ecommerce: Market Size, By Region, 2015–2022 (USD Million)
Table 34 Healthcare and Life Sciences: Market Size, By Region, 2015–2022 (USD Million)
Table 35 Manufacturing: Market Size, By Region, 2015–2022 (USD Million)
Table 36 Government: Market Size, By Region, 2015–2022 (USD Million)
Table 37 Energy and Utilities: Market Size, By Region, 2015–2022 (USD Million)
Table 38 Media and Entertainment: Market Size, By Region, 2015–2022 (USD Million)
Table 39 Others: Market Size, By Region, 2015–2022 (USD Million)
Table 40 Data Quality Tools Market Size, By Region, 2015–2022 (USD Billion)
Table 41 North America: Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 42 North America: Market Size, By Component, 2015–2022 (USD Million)
Table 43 North America: Market Size, By Service, 2015–2022 (USD Million)
Table 44 North America: Market Size, By Data Type, 2015–2022 (USD Million)
Table 45 North America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 46 North America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 47 North America: Market Size, By Organization Size, 2015–2022 (USD Million)
Table 48 Europe: Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 49 Europe: Market Size, By Component, 2015–2022 (USD Million)
Table 50 Europe: Market Size, By Service, 2015–2022 (USD Million)
Table 51 Europe: Market Size, By Data Type, 2015–2022 (USD Million)
Table 52 Europe: Market Size, By Business Function, 2015–2022 (USD Million)
Table 53 Europe: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 54 Europe: Market Size, By Organization Size , 2015–2022 (USD Million)
Table 55 Asia Pacific: Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 56 Asia Pacific: Market Size, By Component, 2015–2022 (USD Million)
Table 57 Asia Pacific: Market Size, By Service, 2015–2022 (USD Million)
Table 58 Asia Pacific: Market Size, By Data Type, 2015–2022 (USD Million)
Table 59 Asia Pacific: Market Size, By Business Function, 2015–2022 (USD Million)
Table 60 Asia Pacific: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 61 Asia Pacific: Market Size, By Organization Size , 2015–2022 (USD Million)
Table 62 Middle East and Africa: Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 63 Middle East and Africa: Market Size, By Component, 2015–2022 (USD Million)
Table 64 Middle East and Africa: Market Size, By Service, 2015–2022 (USD Million)
Table 65 Middle East and Africa: Market Size, By Business Function, 2015–2022 (USD Million)
Table 67 Middle East and Africa: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 68 Middle East and Africa: Market Size, By Organization Size , 2015–2022 (USD Million)
Table 69 Latin America: Data Quality Tools Market Size, By Vertical, 2015–2022 (USD Million)
Table 70 Latin America: Market Size, By Component, 2015–2022 (USD Million)
Table 71 Latin America: Market Size, By Service, 2015–2022 (USD Million)
Table 72 Latin America: Market Size, By Data Type, 2015–2022 (USD Million)
Table 73 Latin America: Market Size, By Business Function, 2015–2022 (USD Million)
Table 74 Latin America: Market Size, By Deployment Model, 2015–2022 (USD Million)
Table 75 Latin America: Market Size, By Organization Size , 2015–2022 (USD Million)
Table 76 Market Ranking for the Data Quality Tools Market, 2017

List of Figures

Figure 1 Data Quality Tools Market: Market Segmentation
Figure 2 Regional Scope
Figure 3 Data Quality Tools Market: Research Design
Figure 4 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology: Bottom-Up Approach
Figure 7 Market Size Estimation Methodology: Top-Down Approach
Figure 8 Data Quality Tools Market: Assumptions
Figure 9 Market: Evolution
Figure 10 Market is Expected to Witness A Significant Growth During the Forecast Period
Figure 11 Market Snapshot, By Data Type (2017–2022)
Figure 12 Market Snapshot, By Business Function (2017–2022)
Figure 13 Market Snapshot, By Component (2017 vs 2022)
Figure 14 Market Snapshot, By Deployment Model (2017–2022)
Figure 15 Market Snapshot, By Organization Size (2017–2022)
Figure 16 Market Snapshot, By Vertical (2017 vs 2022)
Figure 17 Increasing Volume of Business Data is Expected to Drive the Market During the Forecast Period
Figure 18 North America is Expected to Dominate the Global Market in 2017
Figure 19 Banking, Financial Services, and Insurance, and North America are Expected to Have the Largest Market Share in 2017
Figure 20 Asia Pacific is Expected to Enter the Exponential Growth Phase During the Forecast Period
Figure 21 Data Quality Tools Market: Drivers, Restraints, Opportunities, and Challenges
Figure 22 Compliance Data Type is Expected to Have the Largest Market Size During the Forecast Period
Figure 23 Finance Business Function is Expected to Have the Largest Market Size in 2017
Figure 24 Software Component is Estimated to Have the Larger Market Size in 2017
Figure 25 On-Premises Deployment Model is Expected to Have the Larger Market Size During the Forecast Period
Figure 26 Large Enterprises Segment is Expected to Have the Larger Market Size During the Forecast Period
Figure 27 Banking, Financial Services, and Insurance Vertical is Expected to Have the Largest Market Size During the Forecast Period
Figure 28 North America is Expected to Have the Largest Market Size in the Market During the Forecast Period
Figure 29 North America: Market Snapshot
Figure 30 Asia Pacific: Market Snapshot
Figure 31 Data Quality Tools Market (Global), Competitive Leadership Mapping, 2017
Figure 32 International Business Machines Corporation: Company Snapshot
Figure 33 Oracle Corporation: Company Snapshot
Figure 34 SAP SE: Company Snapshot
Figure 35 SAS Institute Inc.: Company Snapshot
Figure 36 Talend: Company Snapshot
Figure 37 Experian PLC: Company Snapshot
Figure 38 Microsoft Corporation: Company Snapshot
Figure 39 Pitney Bowes Inc.: Company Snapshot

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