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Expansion of Cloud Data Integration Market Projected to be Supported by Significant Investment
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Cloud computing is a vision that is increasingly turning to reality for many enterprises. Enterprises, both large and small and medium enterprises, are evaluating cloud computing and, in increasing numbers, are moving their IT Infrastructure to the cloud. Higher adoption in small and medium enterprises and increasing demand of cloud-based applications are a few of the major parameters that are resulting in the quantitative increase in demand of Global Cloud Data Integration market. Cloud Data Integration market is one of the significantly increasing market because of rise in demand from various industry verticals.
Cloud data integration solutions allow enterprises to unify data from disparate cloud sources in various formats. Cloud data integration solutions provide standard connectors to other cloud software systems, and also include functionality to cleanse, monitor, and transform data.
Cloud Data Integration market: Drivers and Challenges
The major growth drivers of the Cloud Data Integration market include increasing demand cloud-based enterprise applications and increasing demand of cloud computing services. In addition, Use of Cloud Data Integration in various industry verticals shall drive the growth of Cloud Data Integration market. Advancements in industrial IT infrastructure across the globe has led to growth of the Cloud Data Integration across the globe.
Major challenges of Cloud Data Integration market are data security, integration of various data sources, threat of data breach, worldwide financial uncertainty and macroeconomic situations such as currency exchange rates and economic difficulties are some of the major factors which are hindering the growth of Cloud Data Integration Market.
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Some of the major players in Global Cloud Data Integration Market are Snaplogic, Microsoft Corporation, Talend, Software AG, SAP SE, Oracle Corporation, Informatica, IBM, Dell and G2 Crowd.
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