The enterprise data integration market 2020 is supposed to gain popularity. In the coming years, the market is supposed to witness an expansion of user base on the global front. In the report presented by Market Research Future MRFR, the global enterprise data integration market is assessed to strike 12.6% CAGR across the assessment period 2019 to 2024. In addition, the enterprise data integration market size is presumed to reach USD 3.9 Bn by the end of 2024. The product facilitates the integration of business information from different sources. It helps the management in effective decision making. This factor is projected to augment the enterprise data integration market in the near future.
The volume of data being generated on a daily basis is exponentially increasing. Efficient management of these data for proper structuring has become inevitable. Increasing investments for the purpose is prognosticated to drive the growth of the enterprise data integration market in the nearby future. This software makes the data usable and readable, which is another major factors poised to expand the market in the upcoming years. Other factors assessed to drive growth of the enterprise data integration market are rising use of cloud computing, increasing applications of business analytics, etc.
On the basis of component, the enterprise data integration market has been segmented into software/tools and services. The service segment has been divided into two sub-segments – managed services and professional services.
On the basis of deployment, the enterprise data integration market has been segmented into cloud-based and on-premise.
On the basis of organization size, the segments of the enterprise data integration market are large enterprises and SMEs.
The geographical analysis of the enterprise data integration market has been covered in this report for four regions, namely North America, Asia Pacific, Europe, and the Rest of the World (RoW). A detailed study of these regional segments on the basis of countries is also offered for presenting actionable intelligence. Due to early adoption of the technology, North America dominated the market place in 2018. It is presumed to maintain its hold over a substantial share of the enterprise data integration market across the assessment period. It can be attributed to rising installation of data centers and consolidation of key market players. The U.S. is presumed to dominate the enterprise data integration market. Increasing number of enterprises moving towards installation of software for data integration is supposed to accelerate the revenue growth of the enterprise data integration market.
IBM Corporation (US), Oracle Corporation (US), Microsoft Corporation (US), SAP SE (Germany), Informatica Corporation (US), SAS Institute Inc. (US), Talend Inc. (US), Information Builders Inc. (US), Cisco Systems, Inc. (US), Actian Corporation (US), Pitney Bowes Inc. (US), Syncsort Incorporated (US), Denodo Technologies (US), HVR Software Inc. (US), and Attunity Ltd. (US) are the key players of the enterprise data integration market.
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