Data Integration Market: Global Industry Analysis and Forecast (2024-2030) by Component, Deployment Mode, and Region

Data Integration Market Definition:

Data integration is bringing together data from several sources and giving people a single view of it. This technique is important in a variety of scenarios, including commercials, when two similar organisations need to integrate their databases. As the volume and the necessity to communicate existing data grows, data integration becomes more common. Data integration encourages internal and external users to work together. The Data Integration Market's report is come up with the PORTER's five force analysis, PESTLE analysis and segment analysis on the basis of component, deployment mode and region.

 

In the pursuit of the ultimate information integration system for data integration and integrity software, several techniques have been suggested and accepted. Data integration and integrity software sharing must take place inside a well-defined governance procedure and legal framework, using appropriate technology. This guarantees data security and the data integration and integrity software's capacity to manage and transfer data across numerous agencies.

 

 

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Data Integration Market Dynamics:

Demand for cloud computing is increasing, which is driving the Data Integration Market forward:

 

The activity of integrating data utilised by separate systems, whether between or inside public or private clouds, or between cloud-based and on-premise systems, is known as cloud data integration. The goal is to develop unified data storage that all relevant users and programmes can access easily and transparently. Cloud integration enables quick and reliable data synchronisation, as well as the elimination of redundant data and increased operational efficiency. People in the organisation will be able to access and manage data, apps, and services from that ubiquitous environment once this is accomplished.

 

The increased organisational inclination toward cloud deployment increased reconstruction of data strategies and data integration, increased demand for tools that can combine multiple heterogeneous data sources, and increased cloud computing creating a demand for effective data integration tools and practises are among the major factors boosting the data integration market.

 

The market's expansion is being hampered by Standardization in enterprise data integration and management strategy and lack of use of high-end ETL solutions:

 

Data integration creates a uniform view of data from various sources within an organisation. ETL extracts transform and load data from a variety of source transaction systems into a single location, such as a corporate data warehouse. However, processing the source data to make it fit into the target system according to business rules. Bringing diverse tools from different disciplines together to foster collaboration among team members is a major factor for hindering the growth of the data integration market.

 

Demand for open-source data integration technologies is on the rise which is creating a huge opportunity for the market:  

 

Stream Solutions, an industry leader in Jitter bit integration consultancy, implementation, and managed maintenance services, is a Data Integration Service Provider. It is one of the top software integration solutions on the market, and it is in high demand as a Salesforce Integration Tool. However, Talend has a robust integration platform that can handle a wide range of integration scenarios. Talend's origins can be traced back to an open-source data-integration platform. These service provider is giving a huge opportunity for the data integration market.

 

A scarcity of knowledge and a mismatch between contemporary data integration requirements are giving a significant commercial challenge:

 

Lack of expertise and a misalignment between modern data integration requirements and legacy systems are among the major factors which give a huge challenge for the market growth, while a lack of standardisation in enterprise data integration and management strategy, as well as a lack of adoption of high-end Etl tools, will pose additional challenges to the data integration market during the forecast period.

 

Data Integration Market Segment Analysis:

By Component, the data integration market is segmented as Tools, Services, Managed Services, and Professional Services. The Service segment dominated the market with a 38.1% share in 2023.

 

As the need to merge several heterogeneous data sources grows, so does the utilisation of cloud computing. These services are critical to the data integration process's success, as well as ensuring a faster and easier deployment that maximises the value of the company's investments. Professional and managed services are projected to rise in popularity as data integration becomes more common. Professional service providers offer extensive product knowledge and allow clients to focus on their primary business, whereas MSPs assist customers in improving business processes and reducing costs.

 

 

 

By Deployment Mode, the market is segmented as On-Premises and Cloud. The Cloud segment dominated the data integration market with a 65.3% share in 2023. Many enterprises have shifted to either a private or public cloud, so data integration solution providers are focused on cloud-based integration solutions for their clients. IBM, Microsoft, and SAP, among other cloud-based solutions and services providers, are concentrating on the development of cloud software that integrates on-premises applications into the cloud.

 

However, the On-Premise segment is expected to grow at a CAGR of 8.7% through the forecast period. Any Integration Server that is configured to exchange service metadata with and enable the execution of those services by integrations established in web Methods Integration Cloud is considered an on-premise Integration Server. This segment is rapidly growing due to the adaptability of on-premise computing in the APAC region.

 

Data Integration Market Regional Insights:

The North American region dominated the market with a 42.6% share in 2023. In North America, the data integration market is fiercely competitive. Developed countries such as the United States and Canada have made significant expenditures in R&D, and the regional market is expected to grow significantly. These countries were amongst the first to engross evidence from a wide range of castigations. In retail, financial services, banking, and other industries, the United States and Canada are also the leading economies. In the year 2021, the data integration industry in the United States is expected to be worth $2.92 billion.

 

However, the Asia Pacific is expected to grow at a CAGR of 9.7% through the forecast period. Due to the ever-increasing threat landscape, security investment in APAC is on the rise. For modern data management, traditional methods are no longer sufficient. As a result, data integration companies in this region concentrate on product-line developments. In the data integration sector, China, India, and Japan have shown a lot of potentials.

 

The objective of the report is to present a comprehensive analysis of the Global Data Integration market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Data Integration market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the global market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

 

The qualitative and quantitative data provided in the Global Data Integration market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Data Integration market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the global market.

 

 

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Data Integration market. The report also analyses if the Global Data Integration market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few Players, etc.

 

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Data Integration market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Data Integration market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the global market is aided by legal factors.

 

Data Integration Market Scope:

Data Integration Market
Market Size in 2023	USD 13.12 Bn.
Market Size in 2030	USD 27.64 Bn.
CAGR (2024-2030)	11.23%
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	By Component Tools Service Managed Services Professional Services
	By Deployment Mode On-Premises Cloud
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

 Data Integration Market Key Players:

• IBM (US)
• Microsoft (US)
• SAP (Germany)
• Oracle (US)
• SAS Institute (US)
• Talend (US)
• Informatica (US)
• Precisely (US)
• Software AG (Germany)
• Salesforce (US)
• Qlik (US)
• Tibco (US)
• Syncsort (Bulington, MA)
• Panoply Ltd (US)
• Intel Corporation (Santa Clara, CA)