Global Data Integration Market

Data Integration Market Size, Share, Growth Analysis, By Component(Tools, Service, Professional Services, and Managed Services), By Deployment(Cloud and On Premises), By Organisation Size(Large Enterprises, and Small and Medium-Sized Enterprises (SMEs)), By Business Application(Marketing, Sales, Operations, Finance), By Vertical(BFSI, Retail and Consumer Goods, Media and Entertainment, Manufacturing), By Region - Industry Forecast 2025-2032


Report ID: SQMIG45C2037 | Region: Global | Published Date: March, 2024
Pages: 197 | Tables: 59 | Figures: 77

Data Integration Market Insights

Data Integration Market size was valued at USD 15.74 Billion in 2023 and is poised to grow from USD 17.86 Billion in 2024 to USD 43.36 Billion by 2032, growing at a CAGR of 13.5% during the forecast period (2025-2032).

Data integration can be referred as the process of merging data from various sources into a single and centralized view. The processes that are involved in data integration are integration are transformation, cleansing, extract, transform, and load mapping. The analytics solutions can also provide useful business intelligence with the help of data integration. Data integration develops a central, single view of a company’s data. This data can be easily accessed by business intelligence application so that they can deliver actionable insights depending on the data assets, irrespective of the source or format. Moreover, a data warehouse is developed from the massive source of information created by the integration procedures. Businesses are gradually understanding that the only practical method to increase the capability of data is by integrating it. Businesses can easily locate and apply the most relevant and accurate information when they have all the required insights in one location. Their potential to tactfully incorporate these insights into their business operations provides them with a competitive edge in the market. Therefore, for businesses to compete in the modern economy, integrated data exposes a layer of connectivity. Companies can accomplish data consistency and seamlessly transfer knowledge by connecting and integrating systems that store crucial data in various departments and locations. It is a great advantage to the firm, encouraging intersystem collaboration for a full view of the organization.

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FAQs

Data Integration Market size was valued at USD 13.87 billion in 2022 and is poised to grow from USD 15.74 billion in 2023 to USD 38.20 billion by 2031, at a CAGR of 13.5% during the forecast period (2024-2031).

Nowadays, businesses are mostly dependent on strong data integration solutions to smoothen operations. Many companies are using analytics solutions and data science to manage their data assets efficiently. This is primarily done through data warehouses and cloud-based software. These systems allow automating processes such as fraud detection and data enrichment, offering better accuracy and reliability. With the help of software tools and consulting services, organizations can smoothly integrate various platforms. It helps them to improve enterprise analytics and enable business automation. Furthermore, enhanced technical support and training assists the data integration platforms and cloud data integration services to operate smoothly. 'IBM Corporation (United States)', 'Oracle Corporation (United States)', 'SAP SE (Germany)', 'Microsoft Corporation (United States)', 'Informatica (United States)', 'Talend (United States)', 'Cisco Systems, Inc. (United States)', 'Dell Technologies Inc. (United States)', 'Syncsort (United States)', 'SAS Institute Inc. (United States)', 'Actian Corporation (United States)', 'Attunity Ltd. (Israel)', 'Adeptia Inc. (United States)', 'Denodo Technologies (United States)', 'Liaison Technologies (United States)', 'SnapLogic (United States)', 'CloverETL (Czech Republic)', 'Jitterbit (United States)', 'Panoply Ltd. (Israel)', 'Scribe Software Corporation (United States)', 'Information Builders Inc. (United States', 'Astera Software (United States)'

The proliferation of connected devices in the IoT environment results in large volumes of sensor data. Integrating this data into current corporate systems is critical for understanding operational efficiency, product performance, and customer usage trends. Data integration solutions are critical to realizing the full potential of the Internet of Things revolution.  

Growing Emphasis on Data Security: The growing industrial automation is bringing many business opportunities in the industrial sensors market. The demand for industrial automation is increasing because of the decrease in production expenses and improved efficiency.  Manufacturers are seeking ways to make use of IoT-based industrial sensors and smart devices for maintaining and enhancing facility operation without depending on human skills or experience. 

North America is dominating the data integration market with the largest market share. Developed countries like Canada and the U.S. drive the market's growth. With the increased adoption of digital strategies, the region is moving towards upgraded and innovative technologies. Growing technological advancements in the area are essential factors promoting market expansion in North America. The rising number of global data integration businesses will aid the expanding market. In August 2022, Software AG acquired StreamSets. The objective of this acquisition is to build, deploy, design, and operate smart data pipelines. The acquisition will also allow Software AG to enter the cloud data integration segment, which would help the company increase its product portfolio offerings. 

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Global Data Integration Market

Report ID: SQMIG45C2037

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