About Unified Data Management Solution
A unified data management (UDM) solution is a centralized system or platform that collects and analyses large amounts of data from various sources. Unified data management solutions foster a collaborative development and delivery environment that produces accurate and dependable data. A high-end unified data management platform combines data management and data analytics technologies. The unified data management solution collects organized and unorganized data from external and internal sources, then stores and integrates it. This solution organizes and analyses data as well. Virtualization, service-oriented architecture, and various data security services are all part of the unified data solution.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The market for Unified Data Management Solution is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Unified Data Management Solution market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Microsoft (United States), IBM (United States), Cisco (United States), Oracle Corporation (United States), SAP SE (Germany), Wipro (India), Dell Inc. (United States), Teradata Corporation (United States), Cloudera, Inc. (United States), Tibco Software Inc. (United States) and STARLIMS (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Ericsson (Sweden), Semarchy (United States), Galaxy Consulting (United States) and Mpirical Limited (United States).
Segmentation Overview
AMA Research has segmented the market of Global Unified Data Management Solution market by , Application (Data Governance, Metadata and Master Data Management, B2b Data Exchange, Content Management, Database Administration and Information Life-Cycle Management) and Region.
On the basis of geography, the market of Unified Data Management Solution has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component, the sub-segment i.e. Software will boost the Unified Data Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Cloud will boost the Unified Data Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Large Enterprises will boost the Unified Data Management Solution market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
On 21, February 2022, Micromine introduces its unified data management solution. Micromine Nexus, a next-generation mining technology company, has debuted its brand new product. Micromine Nexus is a web-based platform that provides mining projects with a centralised, secure, and streamlined data storage solution. On a user-friendly web-based platform, the in-house developed product allows teams to share, track, and collaborate on mining projects. The platform enhances user workflows while also providing data management and security throughout the ecosystem, making mining projects more accessible, controllable, and collaborative.
Market Drivers
- Increase In Many Compliance Regulations, Significant Increase In Storage Information In Enterprises
Opportunities
- Surge In The Demand For Capable Data Management Across All End-Use Businesses
Restraints
- Complexity In Structure Of Unified Data Management (UDM) Solutions Harm The Growth
Challenges
- High Cost Of Implementation Of Unified Data Mangement Solution
- Growing The Concern Of Data Privacy
Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.