The global data integration market is estimated to
grow at a compounded annual growth rate (CAGR) of 12.0% during the forecast
period of 2022-2030.
Data integration is basically a process of combining
business & technical processes to merge data from different sources,
present them in a single or unified view, and address queries using integrated information.
Data integration aids in efficiently managing, organizing, and analyzing
processes and in enabling high transparency and improved capabilities within an
organization. As a result, it is majorly adopted in industries including
healthcare, telecom, and BFSI.
Some key technologies of data integration tools include:
Enterprise Information Integration (EII); Enterprise Application Integration
(EAI); and Extract, Transform, and Load (ETL)
primarily attributed to the growth of this market include: the burgeoning demand
and need for efficient data integration tools and reliable data management
solutions; the surging adoption of IoT-based technologies; the fast-paced
inclination towards digitalization; the rising big data and cloud computing
technologies; the growing amount of on-cloud data; the incapability of conventional
data management tools, and the rapidly growing industrialization across the
recent years have witnessed a colossal rise in the number of new start-ups and the
expansion of existing businesses across major parts of the globe. Due to the
growing customer base in these businesses, the challenges pertaining to the
growing data sources are surging. These businesses are investing heavily in big
data technologies, including data integration, for tackling such issues, opening
new avenues of growth for the overall data integration market.
with the growing need to achieve smoother operations, high customer
satisfaction, and visible results, the popularity and acceptance of data
integration as a vital tool to generate new insights and actionable business
intelligence is witnessing a steep upsurge across major industries. This rise
in popularity is expected to fuel the growth of the global data integration
market significantly during the forecast period.
Furthermore, other factors such as the rapid advancements
in learning algorithms and artificial intelligence; the growing developments in
software; the rising need to ensure market competitiveness; the increasing
number of new use cases; the growing mergers & acquisitions among market
players, and the multiple utilization of existing datasets are expected to
further augment the growth of the global data integration market during the
factors such as: the dearth of proficiency & disharmony between modern data
integration requirements & legacy systems and the lack of standardization &
expertise are expected to hinder the growth of the global data integration
market to some extent during the forecast period.
Integration Market Segmentation:
By Deployment Mode:
By Organization Size:
Small and medium-sized
By Business Application:
Retail and Consumer Goods
Media and Entertainment
Energy and Utilities
Telecom and IT
Healthcare and Life Sciences
Government and Defense
Transportation and Logistics
Travel and Hospitality
Academia and Research
Middle East and Africa
deployment mode, the cloud segment is anticipated to witness the highest growth
during the forecast period of 2022-2030. The rising emphasis of data
integration solution providers on cloud-based integration solutions for their
clients is the major factor expected to drive the growth of this particular segment.
organization size, the small and medium-sized enterprises (SMEs) segment is
expected to attain the highest CAGR in the market during the forecast period of
2022-2030. This can be attributed to the early adoption of data integration by small
and medium-sized enterprises (SMEs) due to the involvement of high complexities
in the management of their processes.
American region dominated the global data integration market in 2021, followed
by Europe and the Asia Pacific. The region is predicted to retain its dominance
further in the market during the forecast period of 2022-2030. This can be
attributed to the massively rising data volume due to very high utilization of
technologically advanced electronics in the region, the rapid adoption of IoT
solutions across various end-user industries in the region; the presence of
well-established data integration market players in the region, and the growing
number of technological advancements in the region. The U.S. and Canada are the
major contributors to the growth of the market in the region.
Pacific region is slated to witness the highest CAGR in the global data
integration market during the forecast period. The growth of the market in the
region can be well ascribed to factors including; the incapacity of traditional
data handling methods to achieve advanced data management needs; the enhancing
emphasis of market players on increasing the number of products and services
and in developing cutting-edge solutions; the growing security spending owing
to the rising threat scenario in the region, and the rapid expansion of
businesses coupled with the emerging number of start-ups in the region.
Moreover, the ever-rising population, the increasing consumer base of
data-driven technologies and devices, and the growing end-user industries in
the region are also expected to significantly contribute to the growth of the
market during the forecast period. India, China, and Japan stand as the leading
contributors to the market's growth in the region.
Key Companies in
Data Integration Market: