PUNE, India, January 12, 2018
PUNE, India, January 12, 2018 /PRNewswire/ --
According to a new market research report "Data Virtualization Market by Component (Standalone Software, Data Integration Solution, Application Tool Solution), Deployment Mode (Cloud and On-Premises), Data Consumer, Enterprise Size, End-User, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market size is expected to grow from USD 1.58 Billion in 2017 to USD 4.12 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 21.1% during the forecast period.
Browse 67 market data Tables and 38 Figures spread through 135 Pages and in-depth TOC on "Data Virtualization Market"
Early buyers will receive 10% customization on this report
Large volumes of data generation and an increasing demand for data integration software tools are some of the major driving factors for the Data Virtualization Market. Furthermore, the increasing demand for intelligent business processes and growing innovation across end users are expected to provide growth opportunities for the market.
The data integration solution segment is expected to be the largest contributor in the global Data Virtualization Market during the forecast period
Large volumes of structured and unstructured data are stored at internal as well as external systems in various industry verticals; a quick access to the data stored at disparate sources has become important to gain better insights for making business-related decisions. To achieve these benefits, various organizations are deploying data integration solutions to achieve a unified view of data, to enhance the various business processes, and increase revenue.
The Business Intelligence (BI) tools segment is expected to grow at a significant growth rate during the forecast period
The demand for data consumers is growing with the evolution of data virtualization technology. Specifically, BI tools are expected to record at the highest growth rate during the forecast period. Solutions offered by vendors need to be integrated to avail industry's best practices for data virtualization solutions. The market for BI tools is expected to grow faster owing to the increasing need for deployment of data virtualization software and solutions either on cloud or on-premises.
Make an enquiry @ https://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=261349988
North America is expected to hold the largest market share during the forecast period
North America is the most competitive and rapidly changing Data Virtualization Market in the world. North America, among all the regions, has witnessed maximum adoption of data virtualization software and solutions, due to the increasing demand for BI tools and higher adoption of digital technologies. The US and Canada are projected to extensively implement data virtualization solutions. Hence, North America is expected to hold the largest market share in the global Data Virtualization Market during the forecast period.
Major vendors in the global Data Virtualization Market International Business Machines Corporation (IBM; US), SAP SE (Germany), Informatica (US), Denodo Technologies (US), Oracle Corporation (US), TIBCO Software (US), Microsoft Corporation (US), Red Hat (US), SAS Institute (US), and Information Builders (US).
Browse Related Reports
Data Integration Market by Component (Tools and Services), Business Application (Marketing, Sales, Operations, Finance, and HR), Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022
Big Data Market by Component (Software and Services), Type (Structured, Semi-Structured and Unstructured), Deployment Model, Vertical, and Region (North America, Europe, Asia-Pacific, Latin America & Middle East and Africa) - Global Forecast to 2021
Know More About our Knowledge Store @http://www.marketsandmarkets.com/Knowledgestore.asp
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
630 Dundee Road
Northbrook, IL 60062
Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets