Current Scenario Of The North America Pharmacy Automation System Market Outlook: Ken Research

In the present era, with the significant increase in the aging population and increase in disposable income has lead the growth more positively of pharmacy automation systems. Delivering effective security to the patients is a top most duty in the healthcare center, hospitals and retail pharmacies. Over and beyond the reviewed duration, significant implementation of pharmacy automation systems is estimated in a global scope owing to these technologies or systems can decrease the errors of medication and develop the efficiency of workflow. Furthermore, the players of North America pharmacy automation systems market are developing the working of such systems while increasing the applications for the several healthcare centers and delivering the better consumer satisfaction which further benefitted for increasing the value of market share and registering the fastest market growth around the North America more positively during the forecasted period.

According to the report analysis, ‘North America Pharmacy Automation Systems Market 2017-2025 by End-user, Product and Country’states that there are several key players which are recently functioning in this sector more actively for leading the fastest market growth and dominating the handsome value of market share across the globe in the coming years while developing the prevailing strategies and policies of working and employing the young workforce with the intellectual ideas and increasing technological advancements includes Abacus Rx, Inc., Accu-Chart Plus Healthcare Systems, Inc., Aesynt Incorporated, AmerisourceBergen Corporation, ARxIUM Inc., Baxter Healthcare Corporation, Becton, Dickinson & Co, Capsa Solutions, LLC, Cerner Corporation, ForHealth Technologies, Health Robotics SRL, Innovation Associates, Inc., InterMetro Industries Corporation, McKesson Corporation, Medacist Solutions Group, LLC., Omnicell, Inc, Parata Systems, Pearson Medical Technologies, LLC, Pharmacy Automation Systems LLC, RxMedic Systems, Inc., Rxsafe, LLC, Scriptpro LLC, Swisslog Holding AG, Talyst, LLC, TCGRX Pharmacy Workflow Solutions, Willach Pharmacy Solutions GmbH, Yaskawa Electric Corp., Yuyama and several others. Moreover, many of the players in this market are working more efficiently while analyzing the profitable aspects and adopting new strategies such as joint ventures, mergers and acquisitions and several others for expanding the business premises and enlarging the value of market share during the forecasted period.

Additionally, the North America pharmacy automation systems market will advance to USD 5.02 billion in 2025 due to a significant adoption of automated medication dispensing systems,automated storage and retrieval systems, automated packaging and labeling systems, table-top tablet counters, and automated drug compounding devices in hospital pharmacies, retail drug stores and several other types of pharmacies across the economy.

Although, the global market of pharmacy automation systems is sectored into different sectors which majorly involves product type, region and end-user. Whereas, based on the product type, the market is sectored into automated medication dispensing systems, automated storage and retrieval systems, and automated packaging and labelling systems. Whereas, in the recent past years, it is predicted that the automated medication dispensing systems registered the pharmacy automation systems market, due to the increase in usage of these systems to track medicine utilization in a controlled manner. However, automated medication compounding systems are predicted to increase at the highest growth rate owing to the outpouring in their requirement as they guarantee accuracy of distribution of the ingredients and deplete the time needed for compounding physically. Therefore, in the near future, it is anticipated that the market of pharmacy automation systems will increase around the North America more positively over the forecasted period.

For More information about the report, refer to below link:-

North America Pharmacy Automation Systems Market

Related Reports:-

Europe Pharmacy Automation Systems Market 2017-2025 by End-user, Product and Country

Asia-Pacific Pharmacy Automation Systems Market 2017-2025 by End-user, Product and Country

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Increase in Demand from Super Absorbent Polymers (SUP) and Adhesives Industry to Drive the Acryloyl Chloride Market over the Forecast Period: Ken Research

Acryloyl Chloride is an organic compound with the formula CH2=CHCO(Cl) or C3H3CIO. It is a colorless, a clear and flammable light-yellow liquid with the pungent smell. It belongs to the acid chlorides set of compounds. Acrylic acid & its derivatives are widely used in many industries with wide ranging applications. Acrylic acids are used as a raw material for the production of coatings, acrylic resins, acrylates, adhesives, elastomer, and super absorbent polymers. The Acrylic acids also finds the host of applications in dispersants, flocculants, thickening agents, and the adhesives, etc. Acryloyl is also prepared by treating the acrylic acid through acid chlorides, formerly benzoyl chloride, known as acrylic acid chloride. The boiling and flash points are 72-76 ºC and 14 ºC respectively. The Acryloyl chloride is an enormously destructive to tissue of mucous membranes and the upper respiratory tract. The Acryloyl causes eye and skin burns with the severe damage.

According to study, “Acryloyl Chloride Size study, by Type (.96, .97, .98, Others), by End-User (Medicine, Pesticide, Spices, Solvent, Others) and Regional Forecasts 2018-2025” some of the key companies operating in the acryloyl chloride are Shandong Ward Chemical Technology, Alfa Aesar, ABCR GmbH & CO. KG, Apollo Scientific, Anhui Wotu Chemical, Haimen Best Fine Chemical, Beijing Dtftchem Technology, HENAN WANXIANG TECHNOLOGY&TRADE, Hangzhou Volant Technology, J & K SCIENTIFIC, Huaian Hongyang Chemical, Merck Schuchardt OHG, Jia Xing Isenchem, Riedel-de Haen AG, Nanjing Youhua Chemicals, SIGMA-RBI, Shanghai Aladdin Bio-Chem Technology, VWR International, TCI, Wuhan Yihuacheng Technology Development, Wako Pure Chemical Industries, Zibo Yixin Chemical.

Based on type, the acryloyl chloride market is segmented into 0.96, 0.97, 0.98 and others. Based on materials, the acryloyl chloride market is alinated to Triethylamine (TEA), Anhydrous dichloromethane (DCM), ultrahigh purity argon gas, 1.5 M K2CO3, DCM, Diethyl ether and anhydrous MgSO4. Based on the use of equipment, market is further segmented into three-neck round-bottom flask, separatory funnel, glass stopcock, glass syringes, beakers (various sizes), glass funnels, deflected point septum penetration needles, filter paper, round-bottom flask, erlenmeyer vacuum flasks, buchner funnels, aluminum foil and crystallization dish. Based on the end-user, market is segmented into spices, medicines, solvent, pesticide and others.

The global acryloyl chloride market is driven by the rise in demand across various end-user industries such as agriculture and pharmaceuticals. Moreover, the demand is further supported by the increase in demand from super absorbent polymers (SUP) and adhesives industry. The super absorbent polymers in emerging economies have always been a key driver to this industry. However, unsteady prices of raw material and progressively stringent environmental regulations are expected to be major concern for acrylic acid market.

Asia Pacific region is one of the key markets supporting the overall market demand followed by North America and Europe. The demand in the Asia Pacific region is further expected to exhibit robust growth due to the rapidly expanding market of the construction and building industry in emerging economies such as China and India has further supported the demand of the acrylic acid market in the Asia Pacific region.

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Acryloyl Chloride Market

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Rising Inclination of Industries and Development of Automation Processes to Drive the Global Internet of Everything (IoE) Market over the Forecast Period: Ken Research

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Internet of Everything or IoE refers to the network of fixed computing devices that are interrelated individually in the existing internet infrastructure. It is a concept that widens the Internet of Things (IoT) prominence on machine-to-machine (M2M) communications. It brings collectively data, people, process and things to build networked connections more relevant & valuable than ever before-turning information into actions which generate better experience, new capabilities and the unprecedented economic opportunity for the individuals, business and countries. The emergence of IoE technology has addressed the increase in needs for better lifestyles & energy optimization. The growth of portable devices like smart-phones & tablets, support the new technology evolution added to the data input & output, decentralization & moving to the edge and relation to every technology in the process of digital transformation.

The use of IoE are used in city traffic, dynamic pricing, retail, lighting, transportation, vineyards or farming, office furniture, banking & insurance and invisibles.

According to study, “Global Internet of Everything (IoE) Market, By Technologies, Services, Applications, Devices, Verticals, & Regions - Trends & Forecast, 2015-2020” the major companies currently operating in the global IoE market are Cisco Systems, Inc., Qualcomm Technologies, Inc., PTC Inc., SAP SE, Amazon.com, Inc., General Electric Company, Samsung Electronics Co. Ltd., AT&T Intellectual Property, Schneider Electric SE, Ericsson, Hewlett-Packard Development Company, L.P, Accenture PLC, Freescale Semiconductor, International Business Machines Corporation, Fujitsu Ltd., Bosch Software Innovations GmbH, Google Inc., Microsoft Corp., Oracle Corporation, Atmel Corporation, Continental AG.

Based on components, global IoE market is segmented into software, hardware and services. Software components include data management software, communication & collaboration software, IT security software, software analytics and other software. Services components include operation management, consulting, repair & maintenance and integration & implementation etc. Based on technologies, market is bifurcated into application technologies, satellite technologies and infrastructure & network technologies. Application technologies include data virtualization, big data analytics, cloud collaborations and enterprise energy management. Satellite technologies include zigbee, Ethernet, Z-wave, modbus and Power Line Communication (PLC) etc. Infrastructure & network technologies include 4G or LTE, 3G, Wi-Fi and Bluetooth.

The market of global IoE is primarily driven by rising inclination of industries for instance manufacturing & mining towards process automation. Some other driven aspects include increasing government initiatives to adopt IoE technologies and evolution of business models across end-user industries. Apart from benefits, some of the hinder aspects are increasing data privacy or security concerns, followed by lack of high speed connectivity in developing & underdeveloped regions. In addition, some of the new opportunities are rapid proliferation of connections among electronic devices, rising adoption of cloud-based IoT solutions and introduction of smart sensors & devices etc.

The IoE has brought new and vast opportunities for different enterprises ranging from large enterprises to small & medium enterprises, and even for the start-ups. The growth of this market is dominated by North America & Western Europe, and rising markets such as Asia-Pacific (India & China) & Latin America will see an elevated growth in upcoming. Global IoE market is expected remain quite competitive, and it is expected to reach US $23.9 trillion, by 2020. Over the forecast period it is also estimated that above 50 billion of devices to get connected to the internet.

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Global Internet of Everything (IoE) Market

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Indonesia Ophthalmology Market Outlook to 2023: Ken Research

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The report titled “Indonesia Ophthalmology Market Outlook to 2023 - By Ailment Type (Cataract, Myopia, Glaucoma, Conjunctivitis, and Others) and by Regions (DKI Jakarta, West Java, Central Java, North Sumatra, and Others)” covers market size by the number of consultations and number of inpatients in single specialty eye hospital/clinic along with market segmentation by type of diseases (Cataract, Myopia, Glaucoma, Conjunctivitis, and Others), by region (DKI Jakarta, West Java, Central Java, North Sumatra, and Others) for 2018. The report also covers emerging growth drivers and trends; issues and challenges; customer pain points and decision-making parameters; investment model for single specialty eye care and competitive landscape of players in the ophthalmology market. A special focus has been placed on Jakarta Eye Center, Cicendo Eye Hospital, Undaan Eye Hospital, Sumatra Eye Hospital (SMEC), KMN Eye Care, AINI Eye Hospital, Bali Mandara Eye Hospital, and Bandung Eye Center in terms of extensive company profiling. The report further explores the market’s future outlook & projections along with success factors highlighting the major opportunities & cautions.

Indonesia Ophthalmology Market Summary

Market Overview: Indonesia Ophthalmology Market is currently in the growing stage. The number of single-specialty hospitals is gradually increasing with time. Rapidly rising awareness towards fatal eye diseases, government support extended through health insurance plans and rise in the number of diabetes population have propelled momentum to the market. The rate of cataract surgeries has increased considerably during the review period. The number of eye hospitals in Indonesia has increased at a CAGR of close to 17% during 2013-2018 owing primarily to the higher number of patients for cataract and lens corrective surgeries and with the opening up of more clinics in the untapped regions of Java, Sulawesi, and Sumatra. Addition of integrated services such as online booking of inpatients rooms, home-after-operation services and online booking for consultations have complimented the target audience by introducing speediness, variety & dynamism and ease to the daily eye-care regime.

Indonesia Ophthalmology Market Segmentation

By Ailment Type (Cataract, Refraction Disturbance/Myopia, Pterygium, Conjunctivitis, Cornea, Glaucoma, Strabismus & Others): Cataract disease constituted for the highest share in the market in terms of a number of consultations in 2018 driven by increasing backlogs of cataract surgeries and augmenting cases of diabetes patients. Myopia accounted for the second highest number of consultations, witnessed majorly amongst the younger generation. Following which the number of consultations has been divided into ailments such as Pterygium, Glaucoma, Conjunctivitis, Cornea, and others. Rising use of electronic devices such as mobiles, tablets & PC’s has had a negative impact on the eyes of children & adults in the country.

By Regions (DKI Jakarta, West Java, Central Java, North Sumatra & Others): The topmost Single Specialty Eye Hospitals is situated in the DKI Jakarta and West Java as these are cities with better infrastructure facilities and high urban population. Although, very few of the other hospitals are located in provinces other than Jakarta and West Java even though a big proportion of the Indonesian population resides in other provinces such as Sulawesi, Sumatra, and Bali. Hence, there is a huge scope of future expansion for industry players.

Competitive Landscape: The competition in the industry has been moderately fragmented in 2018. The eye centers provide consultations along with daycare surgeries and inpatients services. Few of the major players include Jakarta Eye Center, Cicendo Eye Hospital, Undaan Eye Hospital, Sumatra Eye Hospital (SMEC), KMN Eye Care, AINI Eye Hospital, Bali Mandara Eye Hospital, Bandung Eye Center and many others. Players are competing with on the basis of advancement in equipment and devices technologies, doctor experience, a gamut of complimentary services and facilities, availability of experienced and qualified staff, membership packages in terms of prices for operations and services, offers and discounts, marketing strategies.

Indonesia Ophthalmology Market Future Outlook and Projections: Indonesia Ophthalmology market is expected to incline positively on the basis of both, number of consultation and the number of inpatients registering a CAGR of close to 11% and 5% from 2018 to 2023 respectively.

Key Segments Covered in Report:-

By Ailment Type (On the basis of a number of consultation)

Cataract

Myopia

Ptreygium

Conjunctivitis

Cornea

Glaucoma

Strabismus

Others

By Regions (On the basis of Number of Single Specialty Eye Clinic/Hospital)

DKI Jakarta

East Java

Central Java

North Sumatra

Others

Key Target Audience:-

Single Specialty Hospitals Chain

Investors in the Healthcare sector

Private and Government Associations

Glasses and Spectacle Companies

Eye Care Companies

Medical Devices Companies

Government Organizations

Non- Profit Organizations

Non- Governmental Organizations

Time Period Captured in the Report:-

Current Period: 2018

Forecast Period: 2018-2023

Companies Covered:-

Jakarta Eye Center

Undaan Eye Hospital

Cicendo Eye Hospital

Sumatra Eye Hospital (SMEC)

KMN Eye Care-Semarang

AINI Eye Hospital

Bali Mandara Eye Hospital

Bandung Eye Center

Dr. YAP Eye Hospital

Solo Eye Center

East Java Community Eye Hospital

Key Topics Covered in the Report:-

Indonesia Ophthalmology Market Size

Market Segmentation by Types of Ailment (Cataract, Myopia, Glaucoma, Conjunctivitis and Others)

Market Segmentation by Regions (DKI Jakarta, West Java, Central Java, North Sumatra, and Others)

Cost Comparison of Major Eye Ailments in Indonesia with other South- East Asian Countries.

Cost Comparison of IOL usage in Indonesia with Other Countries

Indonesia Ophthalmology Market- Business model

Trends and Developments

Issues and Challenges

Government Regulations

Competitive Scenario

Company Profiles of Major Players in the Market

Investment Model to set up a Specialized Eye Hospital

Recent and Future Technology Innovations

Indonesia Ophthalmology Market Future Outlook and Projections (2018-2023)

Analyst Recommendations

For More Information On The Research Report, Refer To Below Link:-

Indonesia Ophthalmology Market

Related Reports:-

Indonesia Healthcare Market Outlook to 2022 - by Hospitals, Clinical Laboratories, Pharmaceutical, Pharmacy Chains, Medical Device Segment    

Vietnam Ophthalmology Market Outlook to 2023 - By Diseases (Cataract, Myopia, Glaucoma, Retina related Diseases, Blindness with Poor Eyesight, Conjunctivitis, and Others), By Regions and By Hospitals (Single Specialty Eye Hospitals and Multi-Specialty Hospitals)

Contact Us:-Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249

Saudi Arabia Mattress Market Outlook To 2023 : Ken Research

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The report titled “Saudi Arabia Mattress Market Outlook To 2023 – By Size of Mattress (King Size and Super King Size, Queen Size, Double Size and Single and Three Quarter), By Type of Mattress (Spring, Foam and Latex, and Others), By Type of Distribution Channel (Retail and Direct Sales), and  By Market Structure (Organized and Unorganized)” provides a comprehensive analysis on the mattress industry covering various aspects including introduction and value chain analysis, market size by revenue and sales volume, segmentation by size of mattress, type of mattress, region, and type of distribution channel and by market structure. It also covers trade scenario, growth drivers, trends and developments, issues and challenges, porter five forces analysis, 4P analysis, comparative landscape and regulatory framework of the industry. The report concludes with market projections and analyst recommendations highlighting major opportunities and cautions.

Saudi Arabia Mattress Market Overview and Size

Saudi Arabia Mattress Market was observed to attain maturity majorly as demand from home-users and from non-residential sector including hotels, hospitals, college hostels and other institutional buildings have majorly contributed to mattress sales. Increasing presence of local and international mattress manufacturers has made it difficult for new players to enter the market. Saudi Arabia mattress market size both in terms of revenue and sales volume was observed to grow during the review period. Growth drivers such as tourism, hospitality and the healthcare industry also had a positive impact on the market. It was also affected by the prolong drought situation which plagued three provinces of Saudi Arabia. Increase in the number of households and nuclear families have been majorly driving the demand for mattresses in the country. In addition to that, the increasing sleep health awareness is aiding the industry in expanding their market demand.

Saudi Arabia Mattress Market Segmentation

By Size of Mattresses (King Size, Queen Size and Single Size)

King size mattress segment was observed to dominate the Saudi Arabia mattress market during the year 2018 driven due to larger family size demand. The average length of a male member is about 5 feet 8 inches, so King Size mattresses are largely preferred. The remaining market share was collectively captured by queen size and single mattress segments in the year 2018.

By Type (Spring, Foam and Latex and Others)

Spring mattress was observed as the most popular type of mattress. Under the spring category, the pocket spring type was the most selling type in the country. The remaining market share was captured by foam and latex and other mattress segment in Saudi Arabia during 2018.

By Organized and Unorganized Sector

Organized market in Saudi Arabia represents the popular mattress manufacturers majorly operating in the urban areas that distribute their products through a structured distribution channel. Organized sector dominated in Saudi Arabia mattress market owing to the significant presence of both local and the international players.

By type of market (Mass, Economy and Premium)

The mass market segment dominated the Saudi mattress industry. Companies catering to mass market in Saudi Arabia are usually the unorganized players along with some organized players such as Intercoil, Serta and others. This was followed by Economy and Premium segments in terms of sales volume.

By Region (Central, Western, Eastern, Northern, Southern)

The Central and Western region had captured maximum sales volume in 2018. It is the headquarters of decision-makers and financial and business centers where the most important international and Arab conferences and exhibitions are held beside major national festivals and events.

By Mode of Distribution (Retail and Direct Sales)

Retail sales channel accounted for the majority of the sales volume while direct sales channel had a limited share in the overall market during 2018. Retail sales is majorly directed towards home users whereas, direct sales is directed towards hospitals and hotels and other major institutions.

Comparative Landscape in Saudi Arabia Mattress Market

Saudi Arabia mattress market is highly concentrated with presence of major players such as SleepHigh, Raha, Tempur, Sealy International Inc, King Koil Saudi Arabia, Inter Coil, Serta Saudi Arabia, Al Mazro Mattress Manufactures Saudi Arabia, Al-Mutlaq, Royal Mattresses, American Bed, SleepNice and Al Rajhi.  Increase in Direct sales to Hotels and Resorts along with Hospitals due to increase in government initiatives majorly contributed towards the rapid growth of mattresses in the industry which led to emergence of several mattress manufacturers in this sector. Some of the leading parameters on the basis of which companies compete include

price of the product, Clientele of the company, manufacturing facilities, Distribution and retail stores, number of projects, product range, Reputation of the brand

Saudi Arabia Mattress Market Future Outlook and Projections

Saudi Arabia mattress market will prepare itself to meet the future demand expected from substantial investment proposed in key segments such as residential housing and institutional sector including hospitals, hotels and college hostels, increase in the consumer expenditure, increase in the hotel rooms and the development of the hospitality sector. Rising awareness among the people regarding sound sleep quality is going to increase the demand for mattresses in near future

Key Segments Covered

Size of Mattresses

King Size

Queen Size

Single

Type of Mattresses

Spring

Pocket Spring

Inner Spring

Foam and Latex

Others (Gel based, water based, air based mattresses, orthopedic mattress and coir mattress and rubber mattress)

Market Structure

Organized Sector

Unorganized Sector

By type of market

Mass

Economy

Premium

Region

Central

Western

Eastern

Northern

Southern

Distribution Channel

Retail Sales

Direct Sales

Hotels, Resorts and Residential Sector

Hospitals

Key Target Audience

Mattress Raw Material Producers

Mattress Manufacturers

Investors

Distributors / Retailers / Stockiest

Mattress Specialist Retailers

Mattress Internet Retailers

Time Period Captured in the Report:

Historical Period: 2013-2018

Forecast Period: 2019-2023

Companies Covered in Saudi Arabia Mattress Market:

SleepHigh

Raha

Sealy

KingKoil

Intercoil

Al Mazro

Serta

Al Rajhi group

Al-Mutlaq

Tempur

Royal Mattress

American bed

Sleepnice

Other Players Operating in Saudi Arabia Mattress Market

Key Topics Covered in the Report

Executive Summary

Research Methodology

Saudi Arabia Mattress Market Introduction and Value Chain Analysis

Saudi Arabia Mattress Market Size, 2013-2018

Saudi Arabia Mattress Market Segmentation, 2018

Trade Scenario in Saudi Arabia Mattress Market (Import and Export), 2013-2018

Decision Making Process before purchasing Mattresses in Saudi Arabia

Trends and Developments in Saudi Arabia Mattress Market

Issues and Challenges in Saudi Arabia Mattress Market

Porter's Five Forces Analysis for Saudi Arabia Mattress Market

Regulatory Framework in Saudi Arabia Mattress Market

4 P Analysis in Saudi Arabia Mattress Market

Comparative Landscape in Saudi Arabia Mattress Market

Saudi Arabia Mattress Market Future Outlook and Projections, 2019-2023  

Analyst Recommendations

For more information on the research report, refer to below link:

Saudi Arabia Mattress Market Research Report

Related reports

Asia Pacific Mattresses Market Outlook to 2018 - Developing Economy and Brand Awareness to Intensify the Demand

Mattresses Manufacturing Global Market Report 2018 Including: Memory Foam; Hybrid; Innerspring; Latex Mattresses; Gel-Filled Mattress, Water Bed Mattress, And Air-Filled Mattress Covering: Serta, Simmons, Tempur-Sealy, Select Comfort, Tempurpedic

Contact Us:-

Ken Research

Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91-9015378249

Rise in Use of Artificial Intelligence Coupled with Increase in Usage of External Data Sources is set to Drive Global Data Quality Tools Market over the Forecast Period: Ken Research

Data quality tools refer to the extensive range of tools essential for ensuring quality and reliability of data in a diversity of business processes including Business Intelligence (BI), core business operations, analytics, and decision making. The data quality tools facilities in analyzing the sets of information identifying inadequate data. It also helps in keeping the data integration, customer relationship management (CRM), or the regulatory requirements. The use of tools aids in recovering the quality of enterprise data such as customer data, financial data, and product data. The different aspects of the data quality problems are data enrichment, cleansing, monitoring, parsing, matching, and data profiling. Many of the other organization use these tools to jump-start their data quality initiatives to have data quality program enlargement as they also give normalization and de-duplication features. These tools offer matching, standardization, analysis of data to capture statistics, and monitoring & maintain integrity constraints of data.

Some of the associated benefits are enhances the timeliness, accuracy, completeness, and consistency of information across different enterprise operations, data quality tools enable the association to complete project properly and the first time around escalates customer satisfaction. Additionally, tools are also available and equipped with the functionality like data cleansing, data enrichment, data matching, data profiling, data standardization, and data monitoring. Some of the major recommended data quality tools are PROFILING, DE-DUPING, ADDRESS and SVOC.

According to study, “Global Data Quality Tools Market Size study, by Type (On-Premises, Cloud), by Application (Enterprise, Government) and Regional Forecasts 2018-2025” some of the other major companies currently operating in the global data quality tools market are International Business Machines (IBM) Corp., Pitney Bowes Inc., Tamr, Trillium Software, SAP SE, Ataccama, SAS Institute, Trianz, BackOffice Ltd., Melissa Data, DQ Global, Bridge Growth Partners, NeoPost, Experian Information Solutions (Experian Data Quality), Datiris, Innovative Systems, Talend, Microsoft Corp., Informatica, Quality Control, Syncsort,  Information Builders, RedPoint Global, Oracle Corp., AB Initio, Uniserv, Trillium Software.

Based on data type, global data quality tools market is segmented into product data, compliance data, customer data, financial data and supplier data. Based on the business function, market is segmented into sales, legal, finance, marketing, human resources and operations.

The global data quality tools are majorly driven by the increase in volume of business data, followed by the increase usage of the external data sources, rising need of improving the bottom-line performance through a better customer engagement and increase in regulatory pressure & risk to the brand reputation. Apart from the benefits market is also impacted by the restraints including the complex data structures, lack of awareness and integration impacting the data timeliness. In addition to this, rise in use of artificial intelligence for the data quality adding to the biggest opportunity for the market.

The North American region is likely to dominate the data quality tools market owing to the ever- expanding enterprise information management initiatives across the different industries. In terms of the revenue the Asia Pacific market is the key market supporting the market growth due to rise in focus of the technical & strategic decision-making practices and the rise in the interest of data quality improvement solutions in the region. Over the forecast period it is anticipated that the global data quality tools market to reach at US $2655 million, by 2025.

For more information, click on the link below:

Global Data Quality Tools Market

Contact Us:                                     

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Ankur Gupta, Head Marketing & Communications

sales@kenresearch.com

+91 9015378249