Global Cloud Data Integration Market by Type (Hardware, Software, Services), By Application (BFSI, Manufacturing, Healthcare, IT And ITES, Utilities, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global cloud data integration market is expected to grow from USD 2.02 Billion in 2018 to USD 7.06 Billion by 2030, at a Compound Annual Growth Rate (CAGR) of 18.8%. The growth of the cloud data integration market can be attributed to the increasing demand for real-time analytics, rising need for data governance and compliance, and growing trend of digital transformation. The hardware segment is expected to hold the largest share of the global cloud data integration market in 2018. The software segment is projected to grow at a higher CAGR during the forecast period.



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Product Definition:

Cloud data integration is the process of bringing together data from disparate sources into one central repository. This can include both internal and external data sources, and can be used for a variety of purposes, such as reporting, analysis, or decision-making. The importance of cloud data integration cannot be overstated; it allows businesses to make better use of their data by giving them a single view into all relevant information. This can help improve decision-making, boost efficiency, and create a more competitive edge.

Hardware:

Hardware is the physical devices and tools which are used to store, manage or process data.

Software:

Software is the set of instructions, which controls and monitors various processes occurring in a computer system. In simple words, it is an intellectual property right provided with a software package to operate or use any hardware product. It includes all types of programs such as desktop applications, middleware and server applications etc., used to develop websites or online stores etc.

Software can be classified into two types: SaaS (Software as a Service) and PaaS (Platform as a service).

Application Insights:

The application segment is segregated into seven broad categories, namely banking, financial services, and insurance (BFSI), manufacturing, healthcare IT & ITES, public sector (utilities), media & entertainment (M&E), and other applications. The BFSI sector accounted for the largest market share in 2017 owing to its critical nature to handle data from multiple systems. Moreover, the integration of cloud computing with big data analytics has enabled businesses to offer enhanced customer experience by anticipating customers¢â‚¬â„¢ needs and delivering customized solutions on a real-time basis.

The healthcare industry is expected to emerge as one of the fastest-growing sectors over the forecast period due largely to factors such as increasing penetration of electronic medical records across hospitals globally coupled with advanced technologies such as IoT for remote monitoring and robotic surgery systems that require constant communication between various devices within a hospital network.

Regional Analysis:

North America dominated the global market in 2017. The growth can be attributed to the presence of major players, such as IBM Corporation; Hewlett Packard Enterprise Development LP; and Microsoft Corporation. These companies are actively involved in developing new products and solutions that would help enterprises integrate their on-premise systems with public cloud data sources efficiently, thus boosting productivity.

Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to increasing investments by prominent vendors in this region for implementing new technologies and building strong customer bases. For instance, In January 2016, SAP AG launched a cloud solution based on HANA called S/4HANA Cloud Platform (S4CP). This initiative was taken to meet growing demand from customers for digital services who require flexibility while collaborating across multiple devices simultaneously. Such developments are anticipated to boost demand for global cloud data integration solutions in Asia Pacific over the forecast period.

Growth Factors:

Increasing demand for data-driven decision making: The need for timely and accurate information is driving the demand for cloud data integration solutions. Organizations are looking to quickly consolidate and analyze data from a variety of sources in order to make better decisions.
Proliferation of big data technologies: The growth of big data technologies is fueling the need for cloud-based data integration solutions that can handle large volumes of unstructured data. As more organizations adopt bigdata technologies, they will require tools to help them integrate this information with their existing systems.
Emergence of hybrid IT environments: A growing number of organizations are using a mix of on-premises and cloud-based systems, which creates a need for cloud-friendly data integration solutions that can work in both environments. Cloud Data Integration platforms that offer hybrid deployment options will be in high demand moving forward.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Cloud Data Integration Market Research Report
By Type
Hardware, Software, Services
By Application
BFSI, Manufacturing, Healthcare, IT And ITES, Utilities, Others
By Companies
Snaplogic, Microsoft, Talend, Software, SAP, Oracle, Informatica, IBM, Dell, G2 Crowd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.

Global Cloud Data Integration Market Report Segments:
The global Cloud Data Integration market is segmented on the basis of:
Types
Hardware, Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Manufacturing, Healthcare, IT And ITES, Utilities, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Snaplogic
Microsoft
Talend
Software
SAP
Oracle
Informatica
IBM
Dell
G2 Crowd



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Highlights of The Cloud Data Integration Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Hardware
Software
Services
By Application:
BFSI
Manufacturing
Healthcare
IT And ITES
Utilities
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Cloud Data Integration Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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