The spread of the COVID-19 virus around the world has positively impacted the global enterprise data management market due to the increased use of EDM systems to support the healthcare segment during the pandemic. The global market is expected to continue to experience strong growth through 2026.
New York, USA, July 7, 2021 (GLOBE NEWSWIRE) – The recently released research report by Research Dive on the global enterprise data management market elucidates the impact of the COVID-19 pandemic on the present and future prospects of the market. A comprehensive analysis of the drivers, restraints, lucrative opportunities, major segments, competitive landscape and impact of COVID-19 in the market is also provided in the report.
Download a free sample report on the Global Enterprise Data Management Market: https://www.researchdive.com/download-sample/269
Highlights of the report
The COVID-19 outbreak has positively impacted the global enterprise data management market.
According to the report, the global enterprise data management market rallied $ 62.3 billion in 2018 and is expected to reach $ 136.4 billion by 2026, and display a CAGR of 10.5% during from the forecast period 2019 to 2026.
The estimated market size in 2020 was $ 74.1 billion. But due to the COVID-19 pandemic, the market size has reached $ 76.0 billion due to the increasing use of enterprise data management (EDM) systems to support the healthcare industry in optimizing resources.
Learn about the impact of COVID-19 on the global enterprise data management market: https://www.researchdive.com/connect-to-analyst/269
Factors Affecting Market Growth During COVID-19 Pandemic
Demand for EDM systems has increased rapidly during the COVID-19 pandemic, according to Research Dive analysts. This is mainly due to the fact that EDM systems have the ability to combine age and population estimates through school conscription, contained tax information and national documentation in order to trace vulnerable families and individuals. to the pandemic. In addition, the EDM system combines geolocation information and cell phone data to track the travel history of people infected with COVID-19. For example, EDM systems have helped many governments and government officials identify, quarantine, and test different people who have been in active contact with the person infected with the coronavirus. These factors are driving the growth of the world market during the unprecedented crisis.
View all reports on the Information and Communication Technology and Media Industry: https://www.researchdive.com/information-and-communication-technology-and-media
Additionally, EDM systems have benefited service organizations and local government agencies to prevent overcounting of vulnerable people using automated deduplication records. It helps government agencies reach people who need help during the chaos of COVID-9.
Future scope of the market
The global enterprise data management market is expected to continue to witness rapid growth during the forecast period owing to its various advantages such as strategic management of back office information, improvement of customer relationship management (CRM), multi-user capabilities and improved measurement capabilities. For example, EDM allows different organizations to compose or sort data or information that can be retrieved efficiently and can be used when needed. In addition, EDM offers a unified database system that provides controlled access to users and enables simple data management.
Access various market reports containing in-depth analysis of the market situation, updated with the impact of COVID-19: https://www.researchdive.com/covid-19-insights
In addition, EDM systems are widely used for energy demand planning to ensure a continuous and uninterrupted supply of energy to hospitals. EDM systems use population density, power generation capacity, and time series to give a clear idea of when power is available and where to provide it at the right time. Thus, providers using EDM systems can provide a continuous energy supply to the locality, hospitals and local governments without interruption.
Major market players
1. Teradata Company
2. SAP SE
3. Institut SAS Inc.
4. Micro Focus International PLC
5. Orcale Company
6. IBM Company
7. Amazon web services
10. Golden Source Company
These players are implementing various strategies such as strategic partnerships, product launches, technological advancements and others to gain competitive advantage in the global industry.
For example, in September 2020, Cloudera, an enterprise data cloud platform, launched a suite of enterprise data cloud services on Cloudera Data Platform (CDP). The company calls the new services “analytical experiments” and the services are designed for data scientists such as scientists, analysts and data engineers. Enterprise data cloud services include CDP operational database, CDP data engineering, and CDP data visualization.
The report also summarizes many important aspects including financial performance of key players, SWOT analysis, product portfolio and latest strategic developments. Click here for a summary report on Top Business Development Strategies.
TREND RELATIONSHIPS WITH COVID-19 IMPACT ASSESSMENT
1. Remote Access Software Market – Global Opportunity Analysis and Industry Forecast, 2019-2026 – Download a free sample
2. Field Mobility Solutions Market: Global Opportunity Analysis and Industry Forecast, 2019-2026 – Download a free sample
3. Pipeline Safety Market: Global Opportunity Analysis and Industry Forecast, 2019-2026 – Download a free sample
4. Workforce Management Market: Global Opportunity Analysis and Industry Forecast, 2020-2027 – Download a free sample
5. Mobile Satellite Phone Market: Global Opportunity Analysis and Industry Forecast, 2019-2027 – Download a free sample
CONTACT: Mr. Abhishek Paliwal Research Dive 30 Wall St. 8th Floor, New York NY 10005 (P) +91-(788)-802-9103 (India) Toll Free: 1-888-961-4454 E-mail: [email protected] Website: https://www.researchdive.com Blog: https://www.researchdive.com/blog/ LinkedIn: https://www.linkedin.com/company/research-dive/ Twitter: https://twitter.com/ResearchDive Facebook: https://www.facebook.com/Research-Dive-1385542314927521