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The global master data management market size was USD 14.83 Billion in 2021 and is expected to register a revenue CAGR of 15.5%. The latest research report offers an accurate study of the Master Data Management industry and highlights key factors such as import/export analysis, production and consumption rates, distribution channels and consumer base in key regions of the global market. AI and Machine Learning (ML) are data-hungry processes that are changing the industry. A cloud-based MDM applies AI and ML to automate data stewardship processes and provides actionable insights to business users.