Data Integration Market (By Component: Tools, Services; Deployment: By On-Premise, Cloud; Organization Size: Large Enterprises, Small & Mid-Size Enterprises; By Business Application: Marketing, Sales, Operations & Supply Chain, Finance, HR: By End-user: IT & Telecom, BFSI, Healthcare, Manufacturing, Retail & E-commerce, Government & Defense, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2032

The global data integration market size was exhibited at USD 12.65 billion in 2022 and is projected to hit around USD 39.54 billion by 2032, growing at a CAGR of 12.07% during the forecast period 2023 to 2032.

Key Pointers:

• North America generated more than 41% of revenue share in 2022,
• Asia Pacific is expected to expand at a remarkable CAGR of 15.7% from 2023 to 2032.
• By component, the tool segment captured more than 72% of revenue share in 2022. 
• By deployment, the on-premises segment generated more than 68% of revenue share in 2022.
• By business application, the marketing segment contributed more than 27% of revenue share in 2022. 
• By end-user, the it & telecom segment generated more than 24% of revenue share in 2022. 
• By organization size, the large company segment contributed more than 70% of revenue share in 2022.

An industry trend analysis of the market is part of the latest research report. The most important stakeholders, conference and webinar materials, patent analysis, pricing analysis, and market buying behaviour are all included in the most recent research study. Various factors such as rise in big data technologies and cloud computing technologies, increasing amount of on-cloud data and incapability of traditional data management tools are expected to drive the adoption of data integration solutions and services.

Data Integration Market Report Scope

COVID-19 Impact

COVID–19 has globally changed the dynamics of business operations. Though the COVID–19 outbreak has thrown light on weaknesses in business models across verticals, it has offered several opportunities to digitalize and expand their business across regions as the adoption and integration of technologies such as cloud, AI, analytics, IoT, and blockchain has increased in the lockdown period. The retail and manufacturing sectors faced a significant dip in business performance during the first and second quarters of 2020. However, with the availability of vaccines and considerable control achieved over the pandemic, these sectors are expected to witness rising investments throughout the forecast period as data integration solutions grow in prominence across different business functions.

Data Integration Market Growth Dynamics

Driver: Rise of Big Data Technologies

With the increasing customer base and expansion of new regions and markets, organizations are facing many challenges to deal with the rapidly growing data sources. With the advent of big data technology, organizations have begun to recognize the benefits of implementing big data with full potential and are investing in big data technologies, including data integration. The growing data sources include internal data sources, such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), financial transactions from different departments, and external data sources such as web and cloud data sources, which are forming several information silos. Organizations require advanced data integration tools to combine these information silos, helping in getting valuable business insights, as traditional tools are becoming insufficient to capture and integrate data and combine these information silos. Modern data integration tools, including advanced transformation tools offered by different vendors, are equipped with advanced features, such as data capture, data profiling, data quality, data governance, and metadata management, to process data post-integration, resulting in smooth and reliable extraction of data.

Restraint: Lack of Expertise

Organizations, these days, should deploy advanced data integration technologies in data management and business management to capture and integrate the massive amounts of data from various internal and external data sources and combine the information silos to get valuable business insights. However, knowledge constraints and inadequate skills among the workforce limit them from adopting data integration tools. Organizations mostly work in silos; to gain a wider perspective of different verticals and applications, the need for data integration becomes more important. According to various reports and studies, surveys have repeatedly shown the poor knowledge and skills of the workforce in organizations. As per MarketsandMarket's internal analysis, only 18% of the organizations have adequate knowledgeable staff in the workplace to work on big data projects. To overcome this issue, organizations should focus on and invest heavily in training and certifications so that the workforce gets proper knowledge about the big data integration techniques and strategies and implements them for efficient data management.

Opportunity: Increasing amount of on-cloud data

The demand for cloud computing technology is growing day by day as it helps organizations in capturing data from disparate sources, such as connected remote sensors, distributed servers and web, and getting valuable business insights from the data. To capture and integrate this massive amount of data collected from various internal and external sources and combine the information silos, organizations require advanced big data integration tools. These tools can easily adapt to the organizations’ requirements and allow organizations to fully leverage their data pool by integrating data from cloud and the on-premise data transferred over cloud.

After the COVID-19 pandemic and global lockdown, organizations are preferring cloud deployments more over on-premises deployments. Hence, it has been a necessity for organizations to modify their data management strategies and implement data integration strategies, which makes a great opportunity for the data integration market to grow and expand the business.

Challenge: Mismanagement in Enterprise-level Planning

It is important for an organization to align its data integration and management strategies with its business strategies to deliver projects efficiently. But organizations often fail in their enterprise-level planning as there are multiple departments in an organization and different departments have different data integration requirements based on their respective information silos. A standard data integration strategy is required in an organization for effective enterprise-level planning. Organizations often have redundant data integration paths. They implement multiple tools and strategies for the same functionality or use multiple versions of the same products. Therefore, it is important for the organizations to have proper enterprise-level planning and deploy a standardization in data integration and management strategies to increase production in all levels and departments of the companies.

North America to account for largest data integration market size during the forecast period

North America is expected to have the largest market share in the data integration market. Key factors favoring the growth of the market in North America include the increasing technological advancements in the region. The growing number of data integration players across regions is expected to further drive market growth.

Some of the prominent players in the Data Integration Market include:

• Informatica Inc.
• International Business Machines Corporation
• Microsoft
• SAP
• Oracle
• Talend
• SAS Institute Inc.
• TIBCO Software Inc.
• Denodo Technologies
• QlikTech International ABs

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2032. For this study, Nova one advisor, Inc. has segmented the global Data Integration market.

By Component 

• Tools
• Services

By Deployment 

• On-Premise
• Cloud

By Organization Size 

• Large Enterprises
• Small & Mid-Size Enterprises

By Business Application 

• Marketing
• Sales
• Operations & Supply Chain
• Finance
• HR

By End-user 

• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Retail & E-commerce
• Government & Defense
• Others

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East & Africa (MEA)