Although the market growth inched higher than expectations, many firms are still unable to get reliable data for the purpose of regulatory reporting or support for fact-based decision-making.

"The root of the problem is often data quality," said Sharon Tan, research manager of IDC's Asia/Pacific Information Management and Analytics, Domain Research Group.

"Organisations' information systems are churning out massive volumes of data and often, vital pieces of information sit in multiple places."

A five-year compound annual growth rate (CAGR) of 8.9 per cent is expected in APEJ.

Among the IDMS segments, the growth forecast for data integration and access software (DIAS) is an expansion of 11.2 per cent, making it a market leader.