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Data Integration Market by Component, Business Application, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022

Data Integration Market: Global Forecast until 2022

  • May 2017
  • 168 pages
  • ID: 4901888
In this report:
The healthcare and life sciences vertical is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022 at a CAGR of ##.##% during the forecast period.
The healthcare and life sciences vertical holds the largest market share and is expected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period.

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"Demand for tools which can combine various heterogeneous data sources, enabling users to get a consolidated view of the data and extract valuable business insights, remains the main factor driving the rise of the data integration market"

The data integration market size is forecasted to grow from ~$6.4B in 2017 to ~$12.2B by 2022, at a CAGR of 13.70 percent. The increase in the adoption of cloud computing which creates a demand for effective data integration tools and practices is among the main factors fueling the increase of this market.

Nevertheless, lack of expertise and disharmony between modern data integration requirements and legacy systems are the restraints for the data integration market.

"Marketing application is anticipated to record the biggest industry size in 2017 in the data integration market. The trend is anticipated to continue during the outlook period"

Data integration allows marketers to integrate all their data collected from distinct marketing channels and feed it into an analysis tool that can analyze and extract relevant information from them. With the advent of IoT and mobile technologies, a massive amount of data has compelled marketers to deploy tools and practices that can help them to comprehend this data. Data integration supports this requirement by providing marketers a platform to consolidate this data captured from several sources, into a useful format ready for study.

"Asia Pacific (APAC) is anticipated to record the maximum growth rate in the data integration market by area"

As per PricewaterhouseCooper, there will be 66.0 percent of smartphone penetration in the Asia-Pac regions by 2020. On top of, the APAC's data center service market is anticipated to grow by 27.0 percent per annum. The MarketsandMarkets review reveals growing Hadoop adoption in the Asia-Pacific regions. This indicates a growth in the big data volumes. Given the proliferation of data supported by above facts, companies in this zone are increasingly adopting data integration tools and services to manage this massive amount of data.

Technologies including wearable technology, smart cars, smart house hold appliances, and IoT have given a new volume to data. Therefrom, institutions in this area are looking for state-of-the-art solutions to integrate the information get the holistic few of enterprise-wide data.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The break-up of the profile of primary members taking part is like:

• By Organization: Tier 1 - 14 %, Tier 2 - 26.0 percent, and Tier 3 - 60.0 percent

• By Description: C-suite - 29.0 percent, D-level - 22.0 percent, and Others - 49.0 percent

• By Area: North America (NA) - 50.0 percent, EU - 26.0 percent, and Asia-Pacific - 24.0 percent

Scope of the Report:

The document breaks down the data integration market based on components: tools and services; deployment models: on-premises and on-demand; business applications: marketing, sales, operations, finance, and HR; verticals: healthcare and life sciences, banking, financial services and insurance, manufacturing, retail and consumer goods, IT and telecommunication, media and entertainment, energy and utilities, government and defense, and others; and territories: North America continent, Europe (EU), Asia-Pac, Middle East (ME) and African continent, and Latin America area.

Why Purchasing This Study Can Help You:

• To get a comprehensive overview of the overall data integration market.

• To benefit highlighted information about the top actors in this sector, their products review, and top strategies approved by them.

• To benefit business insights into main countries/localities, in which the data integration market is flourishing in different industry verticals.

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