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Global Data Integration Market Growth and Forecast Research 2018

Global Data Integration Market Growth and Forecast Research 2018

Data integration is a processing technique of merging data from multiple heterogeneous data sources such as technical and business processes into a coherent data store to provide unified and organized view of the data to users. Data integration software/tool primarily operates by establishing an interconnectivity between data sources, ETL (extract, transform, and load), and data warehouses.

Increasing adoption of IoT-based technologies, digitalization, industrialization, and rising adoption of cloud computing is creating increasing demand for effective data integration tools and practices, whether for legal, cloud, or a hybrid workflow process, and these are major factors fueling demand for data integration solutions and services.

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Currently, various database integration systems are in use, but the major challenge is to identify the most suitable system as an enterprise comprises multiple data types such as marketing, finance, product, and support systems. Moreover, as technology advances further, enterprises introduce new business systems and hence additional challenges are created on data integration platforms to seamlessly integrate new data provisions.

The global data integration market has been segmented on the basis of components, deployment model, organization size, solution/services, vertical, and region. On the basis of region, the global market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

North America market is estimated to account for largest revenue share in the global data integration market and is expected to maintain its dominance during the forecast period. This is attributed to unprecedented growth of data in countries in the region due to rising adoption of mobile and IoT technologies and strong presence of major data integration vendors in countries in the region. Revenue from the Asia Pacific data integration market is expected to register comparatively high CAGR between 2017 and 2026.

Key Players include SAP SE, Cisco Systems Inc., Intel Corporation, Syncsort, Pitney Bowes Inc., IBM, Informatica Corporation, Oracle Corporation, TalenD, and Teradata.

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