The global data integration software market is segmented into BFSI, IT and Telecom, government, retail and consumer goods, healthcare, manufacturing and others.
Albany, NY -- (SBWIRE) -- 09/21/2018 -- Emerging acquisition and merger strategies, and an ever rising demand for the optimization of analytical processing of large data sets are forecasted to be the major influencing factors in the growth of the data integration software market worldwide. Revenue earned from the data integration software market are estimated to grow at a healthy CAGR of 12.6% through 2026. Such Insights have been gleaned from the report titled "Global Market Study on Data Integration Software: North America to Remain Leading Regional Market Through 2026" added recently to the huge repository of Market Research Reports Search Engine (MRRSE).
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Ever-increasing need for products or services supporting digitalization, simplification in data management and the widespread acceptance of adoption of cloud computing are some of the key factors fueling the growth of the data integration software market. On the other hand, shortage of storage capacity and unexpected costs in operating data integration software are thought to be the major constraining factors affecting the growth of the data integration software market, particularly in developing economies.
Cloud based data integration software and related services are expected to grow at a much faster rate than other counterparts, owing to their growing use in healthcare, telecom, retail and other industries. Together, North America and Europe will continue to control major market share in the forecast period. However, as an emerging market, China is predicted to grow at a relatively faster rate than other regions.
Data Integration Software Market: Report Summary
This comprehensive report provides analysis & forecasts at regional and global levels on the data integration software market, in terms of market value share (%), for the period of forecast 2018 to 2026. An unbiased and comprehensive assessment of vital market dynamics, drivers, constraints, opportunities and trends that are major influencing factors on the demand for data integration software market has been given in the report.
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A thorough value chain analysis on the data integration software market has been provided to comprehend Year-on-Year (Y-o-Y) growth and future opportunities for market players and the competitive scenario among key market competitors. A market attractiveness analysis is incorporated to benchmark players on the basis of their general attractiveness, market size, and growth rate.
Data Integration Software Market: Research Methodology
Extensive primary and secondary research has been used, to extract authentic and relevant intelligence on the data integration software market. This includes, face-to-face discussions and telephonic interviews with a vast number of top industry experts and opinion leaders to gain useful insight into factors such as market size, market trends, competitive scenario, and growth rates. Primary research represents bulk of the research efforts, which has been supported by an extensive secondary research.
Leading and emerging market players in the data integration software market have been studied closely, and sources of information such as press releases, annual reports, and other relevant documents and databases have been studied for analysis on the market's landscape. The research methodology and approach employed here have been tested and proven to be very accurate and effective in gaining actionable insights on market data, market player strategies, and finding previously unexplored business opportunities.
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