What is the Data quality tools Market Size?
According to 6Wresearch internal database and industry insights,
Global Data quality tools market was valued at
USD 2.3 billion in 2024 and is anticipated to exceed
USD 7.8 billion by 2031, registering a steady at a
CAGR of 15.3% during the forecast period.
This market is witnessing robust growth driven by the surge in enterprise data volumes, increasing regulatory compliance needs, and the rising focus on data-driven decision-making. The demand is further bolstered by the need for data cleansing, enrichment, validation, and monitoring in sectors like BFSI, healthcare, and retail. Cloud adoption, digital transformation, and AI integration into data management platforms are also contributing to market expansion.
Major Growth Factors of the Data quality tools Market
- Increasing volume and complexity of enterprise data
- Rising need for regulatory compliance and data governance
- Growing demand for real-time data analytics
- Cloud-based data quality solutions gaining traction
- Expansion of data quality requirements in emerging industries
- Rising use of AI and ML in data profiling and cleansing
- Demand for reliable customer data in CRM and marketing
- Integration of data quality tools with big data platforms
Data quality tools Market Trends
The data quality tools market is experiencing increased adoption of cloud-native and AI-powered solutions for real-time and automated data quality management. Organizations are investing in platforms that can handle unstructured, semi-structured, and structured data while ensuring consistency and accuracy across systems. The market is also seeing a shift toward self-service and scalable platforms that empower business users and data stewards.
Emerging Developments in the Data quality tools Market
The data quality tools market is evolving with the emergence of augmented data management platforms, where AI automates tasks such as anomaly detection and rule recommendation. Vendors are launching industry-specific data quality tools with built-in compliance features. Strategic collaborations between software vendors and cloud providers are also fuelling innovation in data quality solutions, with an emphasis on scalability and interoperability.
Major Companies in the Data quality tools Market
- Informatica
- SAP SE
- IBM Corporation
- SAS Institute Inc.
- Oracle Corporation
- Talend
- Ataccama
- Precisely
How big is the data quality tools market : FAQs
The data quality tools market was valued at approximately USD 2.3 billion in 2024 and is projected to reach around USD 7.8 billion by 2031.
The data quality tools market is anticipated to grow at a CAGR of 15.3% during the forecast period.
Key trends of data quality tools market include adoption of AI/ML-powered tools, cloud-based deployment, real-time analytics.
The data quality tools market is driven by increasing data volume, regulatory pressures, data-driven strategies, and the need for accurate customer insights.
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