Data Integration Software Market

Introduction

Data Integration is the process in which heterogeneous data is combined or retrieved from different sources to form a meaningful or valuable information. Data integration primarily supports the analytical processing of large data sets by combining, aligning and merging each data set from different sources or organizational department. Data integration is extremely useful in case of merging systems of two different companies to provide a unified view of company’s data assets.

Increasing need for reliable data management solutions to push data integration software market

Rising need for products or services supporting digital transformation, ease in data management and rise in adoption of cloud computing are some of the major factors fueling the growth of the data integration software market. However, lack of storage capacity and unanticipated costs are identified to be the major restraints impacting the data integration software market growth on a global level, especially in some of the developing economies.

Global data integration software market is categorized on the basis of component, deployment, end-user and region

On the basis of deployment type the data integration software market is segmented into cloud and on-premise. The revenue contribution from the cloud segment is expected to expand the data integration software at a CAGR of 16.1% during the forecast period. On the basis of component, the data integration software market is segmented as software and services. The services segment is further segmented into three sub segments such as managed services, consulting services and other professional services and the services segment is expected to expand at a CAGR of 16.2% during the forecast period.

On the basis of end-user, the global data integration software market is segmented into BFSI, IT and Telecom, government, retail and consumer goods, healthcare, manufacturing and others. The revenue contribution from healthcare segment is anticipated to expand at a CAGR of 15.6% during the forecast period.

North America and Europe are anticipated to maintain the key market positions in the coming years

Among the key regional markets, China is projected to exhibit relatively higher growth in the global data integration software market, registering a CAGR of over 15.3% during the forecast period. Revenue from the data integration software market in North America and Europe is expected to collectively account for over 43% of the global data integration software market revenue in 2018.

Key competitors in data integration software market are IBM Corp., Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., Cisco Systems, Inc., Dell Boomi, Talend Inc., Hitachi Vantara Corporation, Informatica LLC and others.

Key Segments Covered