Electronic Data Management Market To Reach $19.3 Billion, Globally, By 2031 At 12.2% Cagr: Allied Market Research

The global electronic data management market is expected to generate $19.3 billion by 2031, witnessing a CAGR of 12.2% from 2022 to 2031. The growth of the market is driven by factors such as the increased adoption of data management applications in numerous banking, retail, healthcare, and other organizations, the rise in the adoption of cloud computing, the penetration of SaaS-based big data solutions, the growing bring your own device (BYOD) trend, and technological advancements like cloud computing, AI, and machine learning.