Data Virtualization Market Size is Projected to be Around US$ 5 Billion by 2025
This detailed report on ‘Data Virtualization Market’ put offers a succinct study on regional forecast, industry size, revenue estimations related to the industry. The report further emphasizes primary challenges and growth trends adopted by leading manufacturers of the dynamic competitive spectrum of the ‘ Data Virtualization market’.
Global Data Virtualization Market is valued at USD 1.85 Billion in 2018 and expected to reach USD 6.95 Billion by 2025 with the CAGR of 20.8% over the forecast period.
Increasing demand for data integration software tools around the globe is the key factor driving the growth of Global Data Virtualization Market.
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Scope of Global Data Virtualization Market Report-
Data virtualization is a technique used in data management that allows an application to retrieve and manipulate data without requiring technical details about the data. The advantages of data virtualization for companies include quickly combining different sources of data, eliminating latency, improving productivity, accelerating time value, maintaining data warehouse and reducing the need for multiple copies of data as well as less hardware.
Key Players of Global Data Virtualization Market Report-
Data virtualization market report covers prominent players are Oracle Corporation, TIBCO Software, IBM, Informatica Denodo Technologies, SAP SE, Microsoft Corporation, Red Hat, SAS Institute, and Information Builders and others.
Businesses can influence virtualization technology to optimize their systems and operations in several ways, such as data delivery, data federation, data transformation, data movement and replication, virtualized data access and abstraction. Data virtualization simplifies the data integration process. It utilizes a federation mechanism to homogenize data from different databases and create a single integrated platform that becomes a single point of access for users. It offers on-demand integration, providing real-time data for reporting and analyses. It is used to reduce risk of data errors and increase governance and reduce risk through the use of policies.
Global Data virtualization Market report is segmented on the basis of component, deployment mode, data consumers, enterprise size, end-user and region & country level. Based upon component, data virtualization market is classified into solution and services. Solutions, is sub-classified into standalone solutions and integrated solutions. Based upon deployment mode, data virtualization market is classified into cloud and on-premises.
Based upon data consumer, data virtualization market is classified into bi tools, enterprise applications and mobile and web applications. Based upon enterprise size, data virtualization market is classified into large enterprises and SMEs. Based upon end-user, data virtualization market is classified into manufacturing, healthcare, BFSI, media and entertainment, retail and ecommerce, government and defense, telecom and IT, research and academia and others.
Global Data Virtualization Market Segmentation:–
By Component:
- Solution
- standalone solutions
- integrated solutions
- Services
- professional services
- managed services
By Deployment Mode:
- Cloud
- On-premises
By Data Consumer:
- BI Tools
- Enterprise Applications
- Mobile and Web Applications
By Enterprise Size:
- Large Enterprises
- SMEs
By End-User:
- Manufacturing
- Healthcare
- BFSI
- Media and entertainment
- Retail and ecommerce
- Government and defense
- Telecom and IT
- Research and academia
- Others
The regions covered in this data virtualization market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of data virtualization is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Data Virtualization Market Dynamics–
Increasing demand for data integration software tools around the globe is the key factor driving the demand for data virtualization. According to National Center for Biotechnology Information, The healthcare industry has generated large amounts of data driven by record keeping, compliance & regulatory requirements and patient care. Therefore, demand of the data integration tools increased. In addition, enterprises are creating high demand for data virtualization solution to enhance business procedures and offer logical data warehousing and advanced data management capabilities. These factors are expected to foster the growth of data virtualization market within the forecast period. However, lack of standardization in enterprise data management and high capital expenditure in research and development may hamper the growth of global data virtualization market. In spite of that, growing demand for business intelligence tools among small and medium enterprises around the globe is predicted to create wide opportunities for the further growth of the global data virtualization market during the forecast period.
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Table of Content
1 Study Coverage
1.1 Data Virtualization Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Data Virtualization Market Size
2.1.1 Global Data Virtualization Revenue 2014-2025
2.1.2 Global Data Virtualization Production 2014-2025
2.2 Data Virtualization Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio
2.3.2 Key Data Virtualization Manufacturers
2.3.2.1 Data Virtualization Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers Data Virtualization Product Offered
2.3.2.3 Date of Manufacturers Enter into Data Virtualization Market
2.4 Key Trends for Data Virtualization Markets & Products
3 Market Size by Manufacturers
3.1 Data Virtualization Production by Manufacturers
3.1.1 Data Virtualization Production by Manufacturers
3.1.2 Data Virtualization Production Market Share by Manufacturers
3.2 Data Virtualization Revenue by Manufacturers
3.2.1 Data Virtualization Revenue by Manufacturers (2014-2019)
3.2.2 Data Virtualization Revenue Share by Manufacturers (2014-2019)
3.3 Data Virtualization Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans
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