Press release
Data Integration Software Market is Anticipated to grow at a CAGR of 12.6% by the end of 2026
The global Data Integration Software Market is slated to constructively grace the ICT vertical going forward. RPA (Robotic Process Automation) is expected to take the world by storm. Various functionalities like interpretation of applications, data handling, processing transactions, and, for that matter, even replying to the emails are getting automated, which help in reducing the downtime. This would be the renaissance witnessed due to ICT vertical all over.According to a recent market report published by Persistence Market research titled, "Data Integration Software Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026", the Data Integration Software Market was valued at US$ 3,366.5 Mn in 2017, and is expected to register a CAGR of 12.6% from 2018 to 2026.
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Rising need for products or services supporting digital transformation and ease in data management are the major factors driving the growth of Data Integration Software market.
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.
Key Players:
The report has profiled some of the Important players prevalent in the global like - IBM Corp., Microsoft Corporation, SAP SE, Oracle Corporation, SAS Institute Inc., Cisco Systems, Inc., Dell Boomi, Talend Inc., Hitachi Vantara Corporation, Informatica LLC and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Data Integration Software.
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Data Integration Software Market: Segmental Forecast
Data Integration Software is categorized on the basis of deployment, component, 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 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 bifurcated into managed services, consulting services and other professional services. The services segment is expected to register 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.
Data Integration Software Market: Regional Insights
This report also covers trends driving each segment and offers analysis and insights regarding the potential of Data Integration Software Market in regions including North America, Latin America, Europe, China, Japan, South East Asia and Middle East and Africa. Among these regions, China is projected to exhibit relatively high growth in the global market, registering a CAGR of 15.3% over 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. Data Integration Software Market providers can focus on expanding across several countries in China and North American regions.
Key Stakeholders
Data Integration Software Market Manufacturers
Data Integration Software Market Distributors/Traders/Wholesalers
Data Integration Software Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Key Questions Answered in This Report.
What will the Market growth rate in Future?
What are the key factors driving the global Market?
Who are the key manufacturers in Market space?
What are the opportunities and threats faced by the vendors in the global industry?
What are sales, revenue, and price analysis by regions of industry?
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