According to a new report published by xResearch, titled, “Data Integration Market 2022- Industry Insights, Trends, Opportunity & Forecast, 2021–2030,” the global data integration market size is anticipated to witness exponential growth during the forecast period i.e. 2022-2030.

The rapidly proliferating demand and need for efficient data integration tools and reliable data management solutions; fast-paced inclination towards digitalization; the increasing amount of on-cloud data; the rising adoption of IoT-based technologies; the fast-paced industrialization across the globe, and the growing big data and cloud computing technologies worldwide are among the major factors contributing to the growth of the global data integration market.

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According to deployment mode, the cloud segment is projected to attain the highest CAGR in the global data integration market during the forecast period of 2022-2030. According to organization size, the small and medium-sized enterprises (SMEs) segment is predicted to register the highest CAGR in the market during the forecast period. The early adoption of data integration by small and medium-sized enterprises (SMEs) mainly due to the involvement of high complexities in the management of their processes is the major factor attributable to the growth of this specific segment.

Geographically, the North American region led the global data integration market in 2021, followed by Europe and the Asia Pacific. The region is estimated to remain dominant throughout the forecast period of 2022-2030. Countries such as the U.S. and Canada are among the key contributors to the growth of the market in the region.

The Asia Pacific region is poised to experience the highest growth in the global data integration market during the forecast period. Countries such as India, China, and Japan are among the primary contributors to the market's growth in the region.

Some of the major data integration companies profiled in the report include SAS Institute, Talend, Informatica, Precisely, Software AG, IBM, Microsoft, SAP, Oracle, and Salesforce.

The global data integration market is segmented into component, deployment mode, organization size, business application, vertical, and region. Based on component, the market is bifurcated into tools, services, professional services, and managed services. Based on deployment mode, it is classified into cloud and on-premises. Based on organization size, it is classified into large enterprises and small and medium-sized enterprises (SMEs).

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Based on business application, it is classified into marketing, sales, operations, finance, and HR. Based on vertical, it is classified into BFSI, retail & consumer goods, media & entertainment, manufacturing, energy & utilities, telecom & IT, healthcare & life sciences, government & defense, and others. The others segment is further categorized into transportation & logistics, travel & hospitality, and academia & research.

The global data integration market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).

Key Insights of Data Integration Market
• On the basis of deployment mode, the cloud segment is projected to attain the highest CAGR in the global data integration market during the forecast period of 2022-2030.
• On the basis of organization size, the small and medium-sized enterprises (SMEs) segment is predicted to register the highest CAGR in the market during the forecast period of 2022-2030.
• On the basis of region, the North American region led the global data integration market in 2020, followed by Europe and the Asia Pacific. The region is estimated to remain dominant throughout the forecast period of 2022-2030.
• On the basis of region, the Asia Pacific region is poised to experience the highest growth in the global data integration market during the forecast period.

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