Data Integration Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 12.05 Billion |
| Market Size (2029) | USD 18.71 Billion |
| CAGR (2024 - 2029) | 9.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Data Integration Market Analysis
The Data Integration Market size is estimated at USD 12.05 billion in 2024, and is expected to reach USD 18.71 billion by 2029, growing at a CAGR of 9.20% during the forecast period (2024-2029).
Data integration is the process of combining data from different sources in order to obtain a single, coherent view. Transformation, cleansing, extract, transform, and load mapping are a few processes involved in data integration. With the help of data integration, analytical solutions can provide valuable and accurate business intelligence.
- Data integration gives the business intelligence application, irrespective of source or format, a clear view of an organization's data and allows it to provide accurate insight based on its own data assets. It was realized by businesses that the single most practical way of maximizing its potential is to integrate data. With all the information at their disposal in one place, enterprises will find and use the very relevant and accurate insights inside it. They benefit from an advantage over competitors as they can apply such insights for strategic purposes in their business operations.
- The cloud sector will grow significantly over the next few years. The main objective of cloud platforms is to create a unified data store that can be accessed by all applications and users transparently and efficiently. The integration of data in cloud computing refers to technology and tools that connect individual systems, IT environments, repositories, and applications for exchanging real-time data. It also includes connecting different data from multiple systems when the endpoint is a cloud provider, such as Google Cloud or Oracle Cloud, among others.
- With the rising availability of cloud data, as well as new markets and players in this field, it is an opportune time for retailers to assess their data assets and generate new income flows that can sustain and potentially drive development in their business. This data integration may provide the current businesses with the vitality needed.
- The growing collaborations to maximize the cloud data integration are analyzed to significantly drive the market growth rate. For instance, in August 2022, Nagarro, an IT services management firm, partnered with Zendesk, which provides cloud-based software. This initiative would provide for a unified view of the dashboard and simple integration with customer data by Nagarro's IT clients through Zendesk's open, flexible platform. It will also make agents more productive, in addition to the personalization of client interactions and automation of proactive services at scale.
Data Integration Market Trends
Increasing demand for cloud computing technologies
- The shutdown of offices, schools, and enterprises caused by the COVID-19 pandemic increased the demand for cloud solutions and services worldwide. The acceptance of the 'work-from' culture across public and private sectors has resulted in high demand for SaaS-based collaboration solutions, which employees use to communicate with each other. Cloud solution providers partnering with major cloud providers like Amazon Web Services (AWS), Microsoft Azure, and Google Cloud expect significant growth in their cloud services businesses as agility and rapid scalability become necessary for many customers.
- The rapid adoption of cloud-based business processes has encouraged companies to acquire data management capabilities to manage the vast amount of data that is being generated. The advancement in multi-cloud computing is driving the growth of data centers globally, leading to an increased demand for the data integration market.
- The increase in data has been accelerated by emerging technologies contributing to exponential data growth. These technologies are Edge Computing, 5G networking, Artificial intelligence and machine learning (AI and ML), Augmented and virtual reality (AR/VR), Blockchain, and the Internet of Things (IoT). The unprecedented data volume, variety, and speed increase have increased data integration adoption.
- In November 2022, Qlik, a data integration platform and analytics provider, launched a cloud-based new data integration platform service that gathers data from disparate sources in real-time. The platform consists of a set of services that form the data fabric and are interconnected to make it possible for organizations to create one single view of their data.
North America is Analyzed to Hold Largest Share in the Market
- North America is an early adopter and host to innovative initiatives for advanced analytics solutions and practices, such as big data, machine learning, information science, and high-performance computing. Additionally, the region has a strong foothold of vendors, contributing to the market's growth.
- Traditionally, organizations have been gaining benefits from transformation initiatives across technology and business process domains. Recent technology improvements, regulatory developments, and consumer behavior are all converging to usher in this data-led transformation. Social networking sites like Pinterest, Twitter, and Facebook possess comprehensive information. In contrast, retail sites such as eBay and Amazon have taken user experience and expectations to an entirely different level.
- The United States is the most prominent market for analytics, buoyed by the presence of a large number of companies investing heavily to develop more sophisticated data analytics and data integration platforms through advanced feature engineering. For instance, in November 2022, VMware, Inc. announced the number of VMware Sovereign Cloud providers across the globe has more than doubled to 25 partners. VMware has also announced the VMware Aria Operations Compliance pack for sovereign clouds, VMware Tanzu on the sovereign cloud, and new open ecosystem solutions. With sovereign SaaS, VMware Sovereign Cloud Providers can build highly differentiated solutions to capture modern workloads, simplify operations with continuous compliance monitoring, and support data integration with lower risk.
- Further, the growing collaborations in the region are analyzed to bolster the market growth rate during the forecast period. For instance, in February 2023, Siren and DarkOwl entered into a new Data Integration Partnership. Siren provides investigators and data scientists with an insight into risks, such as national security threats, public safety issues, fraud, compliance, or the threat to large enterprise corporations by pooling together information from open source, vendor, and classified sources. For the purpose of conducting robust OSINT investigations, researchers are able to combine findings from a variety of disparate sources using Siren Graph Browser.
Data Integration Industry Overview
The data integration market could be more cohesive, featuring a substantial number of players. To foster market growth during the forecast period, several strategies, including collaborations, product innovations, and acquisitions, have been analyzed.
In July 2023, a strategic partnership between Atturra and Denodo brought data virtualization capabilities to Data and Integration Services. This collaboration empowers enterprises to maximize the value of their distributed data sets through logical data fabrics and data mesh capabilities. Moreover, it enhances Atturra's data storage and integration capabilities. Denodo's logical data management platform offers unified and user-friendly data access, which is particularly valuable in complex and diverse data environments.
In May 2022, Informatica, a provider of data integration software and services, allied with Oracle's enterprise connectivity and automation platform. This partnership aims to provide enterprise Analytics, Data Warehouses, and Data Science with cloud data integration and governance solutions. By transitioning on-premise workloads to the cloud platform, both companies' customer bases will benefit from automated data generation.
Data Integration Market Leaders
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IBM Corporation
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Microsoft Corporation
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Informatica Inc.
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SAP SE
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Oracle Corporation
*Disclaimer: Major Players sorted in no particular order
Data Integration Market News
- July 2023: UST, a leading digital transformation solutions company, entered into a strategic partnership with Xiatech, the pioneering creator of the ML-powered composable Hyper-Integration Platform known as Xfuze. Through this collaboration, UST will harness the power of Xfuze and Xiatech's machine learning-based Hyper Integration Platform to facilitate swift connectivity between business applications and the consolidation of data into a unified view. This initiative aims to provide advanced insights and analytics capabilities to its global enterprise and customer base.
- February 2023: Informatica, a prominent provider of enterprise cloud data management solutions, introduced a groundbreaking offering in the form of Informatica Cloud Data Integration-Free and PayGo. This innovative service caters to both data practitioners and non-technical users, including those in sales, marketing, and revenue operations teams. It empowers users to rapidly create data pipelines for various purposes, such as data loading, integration, and Extract, Load, and Transform (ELT). It is available through a free and pay-as-you-go model, making it accessible to a wide range of users.
Data Integration Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat of New Entrants
4.2.4 Threat of Substitutes
4.2.5 Intensity of Competitive Rivalry
4.3 Macro Economic Factors Impacting the market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing demand for cloud computing technologies
5.1.2 Growth in Big data Technologies
5.2 Market Restraints
5.2.1 Lack of Expertise
6. MARKET SEGMENTATION
6.1 By Component
6.1.1 Tools
6.1.2 Services
6.2 By Deployment
6.2.1 Cloud
6.2.2 On-premise
6.3 By Enterprise Size
6.3.1 Small and Medium
6.3.2 Large Enterprises
6.4 By Application
6.4.1 Sales
6.4.2 Operations and Supply chain
6.4.3 Marketing
6.4.4 HR
6.4.5 Others
6.5 By End-user Vertical
6.5.1 IT & Telecom
6.5.2 BFSI
6.5.3 Healthcare
6.5.4 Manufacturing
6.5.5 Retail & E-commerce
6.5.6 Government & Defense
6.5.7 Others
6.6 By Geography
6.6.1 North America
6.6.2 Europe
6.6.3 Asia
6.6.4 Australia and New Zealand
6.6.5 Latin America
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 IBM Corporation
7.1.2 Microsoft Corporation
7.1.3 Informatica Inc.
7.1.4 SAP SE
7.1.5 Oracle Corporation
7.1.6 SAS Institute Inc.
7.1.7 Denodo Technologies
7.1.8 TIBCO Software Inc.
7.1.9 QlikTech International AB
7.1.10 Precisely
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
Data Integration Industry Segmentation
Data integration is the process of combining and harmonizing data from multiple sources, formats, or systems into a unified and coherent structure, enabling seamless analysis, reporting, and decision-making across an organization.
The data integration market is segmented by component (tools and services) by deployment (cloud and on-premise), enterprise size (small and medium, and large enterprises), application (sales, operations and supply chain, marketing, HR, and other applications), and end-user vertical (IT and telecom, BFSI, healthcare, manufacturing, retail and e-commerce, government and defense, and other end-user verticals), and geography (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa).
The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Component | |
| Tools | |
| Services |
| By Deployment | |
| Cloud | |
| On-premise |
| By Enterprise Size | |
| Small and Medium | |
| Large Enterprises |
| By Application | |
| Sales | |
| Operations and Supply chain | |
| Marketing | |
| HR | |
| Others |
| By End-user Vertical | |
| IT & Telecom | |
| BFSI | |
| Healthcare | |
| Manufacturing | |
| Retail & E-commerce | |
| Government & Defense | |
| Others |
| By Geography | |
| North America | |
| Europe | |
| Asia | |
| Australia and New Zealand | |
| Latin America |
Data Integration Market Research Faqs
How big is the Data Integration Market?
The Data Integration Market size is expected to reach USD 12.05 billion in 2024 and grow at a CAGR of 9.20% to reach USD 18.71 billion by 2029.
What is the current Data Integration Market size?
In 2024, the Data Integration Market size is expected to reach USD 12.05 billion.
Who are the key players in Data Integration Market?
IBM Corporation, Microsoft Corporation, Informatica Inc., SAP SE and Oracle Corporation are the major companies operating in the Data Integration Market.
Which is the fastest growing region in Data Integration Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Data Integration Market?
In 2024, the North America accounts for the largest market share in Data Integration Market.
What years does this Data Integration Market cover, and what was the market size in 2023?
In 2023, the Data Integration Market size was estimated at USD 10.94 billion. The report covers the Data Integration Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Data Integration Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Data Integration Industry Report
Statistics for the 2024 Data Integration market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Data Integration analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
