Global Data Integration Market – Size, Outlook, Trends and Forecast (2024 – 2032)

The process of collectively combining technical and business processes for disparate sources into meaningful information is known as data integration. This is used for achieving the consistent access and delivery of data across the spectrum of subject data areas. Data integration becomes progressively more prominent in cases of merging systems of two companies or consolidating applications within one company.

Global Data Integration Market Segments Size & Growth:

Global data integration market is accounted for $6.56 billion in 2017 and estimated to grow at a CAGR of 13.8% during the forecast period of 2019-2025 to reach $18.45 billion by 2025. The factors such as increasing adoption of cloud services, rising demand for effective data integration tools & services, need for several heterogeneous data sources and massive usage of computers are driving the growth of data integration market. Whereas, lack of expertise, emerging conflicts among modern data integration requirements & legacy systems, lack of adoption of high-end ETL tools, require upgraded data integration framework and lack of standardisation in enterprise data integration are the factors that would restrain the growth of the market. Accelerating demand for open source integration tools and fuelling the tendency towards self-service data integration are expected to boost demand for the data integration market.

Global Data Integration Market Segments Share:

Regarding component, tools segment is witnessing the largest market share compared to services due to higher adoption of advanced tools. Based on deployment mode, data integration market is classified into the cloud, and on premises. By organisation size, data integration market is segmented into small and medium sized enterprises, large enterprises. From the segment of business application, finance function holds the dominant share as finance requires a high amount of data and regrading security issues NLG can track back any errors. In the end user segment, BFSI is dominating the market owing to the factors includes accessing a large volume of data, enhancing customer experience and analysing the decision making process.

By Geography, North America accounted for the major share in the global data integration market as the region is having a high focus on innovation, rapid adoption of emerging technology and enhancing the core businesses. The Asia Pacific is expected to witness tremendous growth over the forecast period based on factors includes increasing adoption of ecommerce, rising government initiatives and penetration of smart technologies.

Global Data Integration Market Segments Trends:

• In November 2017, IBM Corporation had collaboration with Vivant Digital Business to focus on the consumer’s expectations on the transformation of required needs through digital transformation.
• In November 2017, Cisco System has acquired Interpol to resolve the complexities from cyber threats and agrees to share threat intelligence.

Global Data Integration Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analyzed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.

The major key Data integration market leaders are:

• IBM Corporation
• Cisco Systems, Inc.
• Oracle Corporation
• Microsoft Corporation
• Pitney Bowes Inc.

Along with these companies, there were many other companies considered/cited in the report while analyzing the global data integration market size. These companies hold substantial share is owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.