Data fusion is the combination of several data sources to produce consistent, accurate and useful data than that offer by any specific data source. The data fusion market value is likely to reach $16.87 Billion by 2025 with a CAGR of 16.03% during the forecast period 2019 – 2025 from $7.05 Billion in 2018. Increasing adoption of data-driven decision-making and prevalence of IIoT are the significant factors which are bolstering the growth of global data fusion market. However, increasing investment expenses and varying structure of regulation policies are the major factors hampering the growth of the market. Usage of telematics data and higher adoption of data fusions tools and services among SMEs are creating several opportunities shortly.
Research Study Objectives:
- Define, estimate, and forecast the data fusion market statistics by component, deployment model, organisation size, end-user, and regions concerning the individual growth drivers, market trends and their contribution toward the data fusion market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the data fusion Market Analysis report.
- Analysis and conclusions on the future data fusion market outlook.
Top-down and bottom-up approaches are used to validate the data fusion Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly
validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The data fusion Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the data fusion market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The data fusion market segmentation is as follows:
By Component
- Tools
- Services
- Professional Services
- Consulting
- System Integration and Deployment
- Support and Maintenance
- Managed Services
By Deployment Model
By Organisation Size
- Large Enterprises
- Small and Medium-Sized Enterprises
By Business Function
- Sales & Marketing
- Operations
- Finance
- Human Resource
- Information Technology
By End-User
- Banking, Financial Services, and Insurance
- Manufacturing
- Retail and Consumer Goods
- Healthcare and Life Sciences
- Telecommunication and IT
- Government and Defense
- Energy and Utilities
- Transportation and Logistics
- Media and Entertainment
- Others
Geographical Analysis:
Data Fusion Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand,
Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the data fusion Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global data fusion Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOTanalysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant data fusion market players, such as
- Thomson Reuters Corporation
- AGT International GmbH
- Lexisnexis Corporation
- Palantir Technologies, Inc.
- Cogint, Inc.
Along with these companies, many other companies are considered in the report while analysing the global data fusion competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
