Global Enterprise Data Integration Market Research Report: By Component (Software, Services), by Deployment (Cloud-based, On-Premise), by Organization Size (Large Enterprise, SMEs), by Business Application (Marketing, Sales, Operations, Finance, Human Resources) - Forecast till 2027

Market Synopsis

The Global Enterprise Data Integration Market is estimated to reach USD 3.90 billion by 2024, registering a CAGR of 12.6% during the forecast period of 2019–2024.

Enterprise data integration is defined as the merging of various business information from different sources. The data combined can be of structured and unstructured types. The information is then compiled into a single accessible interface making it readable and usable for the enterprises and organizations. The volume of the data which being generated from industries, enterprises, and organizations is increasing every day. Enterprise data integration offers appropriate solutions that allow the users to investigate this data, and merge the information in a consistent manner. Additionally, data integration also provides enterprises access to data from warehouse which is required to perform business analytics and business intelligence. Therefore, the rising adoption of cloud computing and increasing requirement of business analytics are considered as some of the major factors which are driving the growth of the global enterprise data integration market. Additionally, cloud computing is being used to capture various sort of information from different devices and sources which are used in industries and stored in a data warehouse or data centers. The enterprise data integration increases the efficiency of the overall system and saves time to extract the information from a large database. However, lack of expertise and standardization among the enterprises are some of the major factors which are hampering the growth of the market.

Segmentation

The global enterprise data integration market has been segmented based on component, deployment, organization size, business application, end user, and region.

By component, the market has been segmented into software/tools and services. The service segment is further segmented as managed services and professional services.

By deployment, the market has been segmented into cloud-based and on-premise

By organization size, the market has been segmented into large enterprises and SMEs.

By business application, the market has been segmented marketing, sales, operations, finance, and human resources.

By end-user, the market has been segmented into healthcare, BFSI, manufacturing, retail, IT and telecom, media and entertainment, energy and utilities, and others

By region, the market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Global Enterprise Data Integration Market, 2017–2024 (USD Billion)  

Source: MRFR Website

Regional Analysis

The global enterprise data integration market is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of enterprise data integration has been conducted for North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Spain, Italy, and the rest of Europe), Asia-Pacific (China, Japan, India, and the rest of Asia-Pacific), and the rest of the world (the Middle East and Africa and South America).

North America held the largest market share in 2018 due to early adoption of the technology in the region and presence of various key players including IBM Corporation, Microsoft Corporation, Oracle Corporation, SAS Institute Inc., and others which are highly investing in the development of new solutions for the enterprise data integration. Moreover, the region has a well developed IT infrastructure that is also driving the growth of the market. The North America region has been further segmented based on the country into the US, Canada, Mexico. The US dominates the North America region due to increasing generation of data in the region and presence of various key players in the country. 

Key Players

MRFR recognizes the key players in the global enterprise data integration market as IBM Corporation (US), Microsoft Corporation (US), Oracle Corporation (US), SAP SE (Germany), SAS Institute Inc. (US), Informatica Corporation (US), Talend Inc. (US), Cisco Systems, Inc. (US), Information Builders Inc. (US), Actian Corporation (US), Syncsort Incorporated (US), Pitney Bowes Inc. (US), Denodo Technologies (US),  Attunity Ltd. (US), HVR Software Inc. (US) among others.

The prominent players keep innovating and investing in research and development to present a cost-effective product portfolio. There has been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.

Intended Audience

• BFSI


• Business Application Developers


• Investors and consultants


• System Integrators


• Government Organizations


• Research/Consultancy firms


• Technology solution providers


• IT Solution Providers


• Cloud Service Providers


• Security Solution Providers


• Industries


• Energy & Power players