Global Data Integration Market Report and Forecast 2024-2032

Global Data Integration Market Outlook

The global data integration market size attained a value of USD 13.60 billion in 2023. The market is further expected to grow at a CAGR of 11.9% between 2024 and 2032, reaching a value of USD 37.39 billion by 2032.

Key Trends in the Market

Data integration refers to the process of consolidating data from unique sources into unified information sets to carry out operational and data analysis. It is used to provide business intelligence (BI), advanced analytics, and support processes related to transactions, among other enterprise operations. Processes involved in data integration include extraction transformation and loading of data to manipulate data from different targeted systems.

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• Increasing investments by enterprises and end use sectors towards data integration services, aimed towards streamlining business analytics and data science applications, are increasing the demand for the data integration services market.

• Rising data volumes across sectors such as healthcare, owing to the increasing number of patients, rapid digitalisation of medical equipment, and rapid transition from manual to automated data storage techniques are the crucial data integration market trends bolstering the need for data management and data integration.

• Technological advancements in the industrial sector are the key trends bolstering data integration market growth. Increasing installation of multiple sensors in industrial equipment and manufacturing machines is amplifying the demand for the market.

Global Data Integration Market Analysis

Based on component, the market is segmented into tools and services. The services segment is further divided based on type into professional services and managed services. On the basis of deployment mode, the market is classified into cloud and on-premises. By organisation size, the market is segmented into large enterprises and small and medium enterprises. Based on application, the market is categorised into marketing, sales, operations and supply chain, finance, and human resources. On the basis of end user, the market is divided into BFSI, IT and telecom, healthcare, manufacturing, retail and commerce, and government and defence, among others. The regional markets for data integration are divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the key players in the global data integration market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

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• IBM Corporation

• Informatica, Inc

• Microsoft Corporation

• Oracle Corporation

• SAP SE

• SAS Institute Inc

• TIBCO Software Inc

• Talend

• Denodo Technologies, Inc

• Qliktech International AB

• Others

Global Data Integration Market Share by Deployment Mode

The cloud segment, based on deployment mode, accounts for a healthy share of the data integration market. Cloud-based data integration software offers cost reductions on financial and general operations, synchronises data, removes duplicity of data, and increases speed of processes. It is widely adopted by organisations which deal which sensitive information every day. The growing application of cloud data integration in the financial sector to enable informed loan decisions, protect the integrity of customers, improve marketing, and provide an enhanced regulatory compliance for financial success, are bolstering the market for data integration.

Global Data Integration Market Share by Organisation Size

Based on organisation size, small and medium enterprises are likely to be a fast-growing segment in the forecast period, owing to the increased spending in automation and cloud-based data integration services by these organisations. The data integration market is expected to witness a heightened adoption in small and medium enterprises to improve scalability and enhance business profitability. In addition, data integration market can maximise the business operations without heavy investments, which are likely to propel the growth of this segment. Increasing awareness among small business owners about the cost-effectiveness achieved using data integration services is likely to further aid the data integration market.

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Competitive Landscape

IBM Corporation is a leading multinational technology corporation which provides consulting services, software, cloud, business automation, DevOps, middleware, operating systems, intelligent suites, and data security, among others. It was founded in 1911 and is headquartered in New York, United States.

Informatica, Inc is a renowned software development company which provides enterprise cloud data management and data integration services as well as advanced solutions for complex data integration. It was founded in 1993 and is headquartered in California, United States.

Microsoft Corporation is one of the largest software manufacturing companies which has developed a popular data integration platform, SQL server integration services and has a portfolio of hybrid computing systems. It was established in 1975 and is headquartered in New Mexico, United States.

Other market players include Oracle Corporation, SAP SE, SAS Institute Inc, TIBCO Software Inc, Talend, Denodo Technologies, Inc, and Qliktech International AB, among others.

Key Highlights of the Report