Global master data management market is expected to reach US$ 17,339.6 Mn by 2026, expanding at a CAGR of 15.7% from 2018 to 2026. Master data management (or MDM) in business consists of different solutions, services, and standards which help enterprises manage their master data. Master data comprises confidential and critical business data regarding customers, products, financial transactions, suppliers, and others. In the upcoming years, increasing need for consolidated data and analytical solutions will be observed as proponent to adoption of Master Data Management (MDM) solutions.