The data integration and integrity software market size has grown rapidly in recent years. It will grow from $14.27 billion in 2023 to $16.26 billion in 2024 at a compound annual growth rate (CAGR) of 13.9%. The growth observed in the historic period can be attributed to several key factors. These include the increased volume of data generated, the growing trend of remote work, rising concerns about cybersecurity, initiatives focused on high data quality management, and the accelerated adoption of digital healthcare initiatives.
The data integration and integrity software market size is expected to see rapid growth in the next few years. It will grow to $27.03 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%. The anticipated growth in the forecast period can be attributed to several key factors. These include the increasing adoption of cloud computing, a heightened focus on data security measures, the imperative for digital transformation initiatives, a growing demand for real-time insights, and the escalating complexity of data. Major trends expected during this period encompass the integration of data integration and integrity software with customer relationship management (CRM) systems, integration with enterprise resource planning (ERP) systems, strategic collaborations among industry players, technological advancements within the software, and the expansion of data integration marketplaces.
The growing emphasis on data security is poised to drive the expansion of the data integration and integrity software market in the coming years. Data security encompasses the measures and protocols implemented to safeguard digital data from unauthorized access, disclosure, alteration, or destruction. This heightened demand for data security is spurred by various factors, including escalating cybercrime rates, inadequate adoption of security measures, and mounting pressure to safeguard sensitive data from illicit access. Data integration and integrity software play a crucial role in bolstering data security by furnishing comprehensive solutions for managing and safeguarding data across diverse systems and platforms. These solutions ensure regulatory compliance and mitigate the risks associated with breaches and unauthorized access. As per McKinsey & Company's October 2022 report, global organizations allocated approximately $150 billion towards cybersecurity initiatives in 2021, marking a 12.4% annual growth rate. Consequently, the escalating focus on data security is propelling the growth of the data integration and integrity software market.
Key players in the data integration and integrity software market are channeling their efforts towards technological advancements, with a particular focus on intelligent data management clouds aimed at automating data integration processes and enhancing data quality. An intelligent data management cloud is a cloud-based platform leveraging artificial intelligence (AI) to oversee data across multiple clouds and hybrid environments. It offers a comprehensive solution encompassing data integration, governance, master data management, and data quality. For instance, in July 2021, Informatica, a US-based software development company, introduced its intelligent data management cloud (IDMC), the industry's first end-to-end AI-powered cloud platform service on Azure, tailored for the Asia Pacific region. This initiative bolsters cloud capabilities in the region, with the IDMC suite providing a holistic approach to data integrity, aligning with industry priorities surrounding data accuracy and consistency. Customers and partners can leverage these services to expedite data integration, transformation, and loading of workloads to Azure Data Services, catering to a myriad of cloud data management requirements.
In May 2023, QlikTech International AB, a renowned US-based company specializing in analytics and business intelligence platforms, completed the acquisition of Talend Inc. for an undisclosed sum. This strategic move is designed to unite Qlik's proficiency in data integration, analytics, artificial intelligence (AI), and machine learning with Talend's expertise in data integration and data quality solutions. The merger aims to offer customers a comprehensive solution within the industry, integrating Qlik's strengths with Talend's innovative Talend Data Integration solutions.
Major companies operating in the data integration and integrity software market are Microsoft Corporation, International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, SAS Institute Inc., Palantir Technologies Inc., Informatica Corporation, Snowflake Inc., TIBCO Software Inc., Alteryx Inc., Confluent Inc., Talend SA, SnapLogic Inc., MuleSoft LLC, Domo Inc., Actian Corporation, Fivetran Inc., Matillion Limited, StreamSets Inc., Astera Software Inc., Panoply Ltd., Denodo Technologies Inc., CloverDX a.s., Striim Inc.
North America was the largest region in the data integration and integrity software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data integration and integrity software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the data integration and integrity software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Data integration and integrity software constitute a suite of tools and solutions crafted to facilitate the seamless consolidation of data from diverse sources while ensuring its accuracy, consistency, and reliability. These solutions play a pivotal role in helping organizations streamline data management processes, enhance data quality, and derive actionable insights from integrated datasets.
The primary components of data integration and integrity software are tools (solutions) and services. Tools (solutions) encompass the software applications and platforms specifically designed to facilitate data integration, data management, and data quality processes within organizations. These tools can be deployed either on-premise or in the cloud. They find application across a spectrum of industries, catering to both large enterprises and small and medium enterprises (SMEs). Various industry verticals, including IT and telecommunications, banking, financial services and insurance (BFSI), manufacturing, healthcare, retail, aerospace and defense, among others, utilize data integration and integrity software to optimize their data-related processes.
The data integration and integrity software market research report is one of a series of new reports that provides data integration and integrity software market statistics, including data integration and integrity software industry global market size, regional shares, competitors with a data integration and integrity software market share, detailed data integration and integrity software market segments, market trends and opportunities, and any further data you may need to thrive in the data integration and integrity software industry. This data integration and integrity software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The data integration and integrity software market consists of revenues earned by entities providing services such as data integration, data quality management, data governance, and data security solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The data integration and integrity software market size is expected to see rapid growth in the next few years. It will grow to $27.03 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%. The anticipated growth in the forecast period can be attributed to several key factors. These include the increasing adoption of cloud computing, a heightened focus on data security measures, the imperative for digital transformation initiatives, a growing demand for real-time insights, and the escalating complexity of data. Major trends expected during this period encompass the integration of data integration and integrity software with customer relationship management (CRM) systems, integration with enterprise resource planning (ERP) systems, strategic collaborations among industry players, technological advancements within the software, and the expansion of data integration marketplaces.
The growing emphasis on data security is poised to drive the expansion of the data integration and integrity software market in the coming years. Data security encompasses the measures and protocols implemented to safeguard digital data from unauthorized access, disclosure, alteration, or destruction. This heightened demand for data security is spurred by various factors, including escalating cybercrime rates, inadequate adoption of security measures, and mounting pressure to safeguard sensitive data from illicit access. Data integration and integrity software play a crucial role in bolstering data security by furnishing comprehensive solutions for managing and safeguarding data across diverse systems and platforms. These solutions ensure regulatory compliance and mitigate the risks associated with breaches and unauthorized access. As per McKinsey & Company's October 2022 report, global organizations allocated approximately $150 billion towards cybersecurity initiatives in 2021, marking a 12.4% annual growth rate. Consequently, the escalating focus on data security is propelling the growth of the data integration and integrity software market.
Key players in the data integration and integrity software market are channeling their efforts towards technological advancements, with a particular focus on intelligent data management clouds aimed at automating data integration processes and enhancing data quality. An intelligent data management cloud is a cloud-based platform leveraging artificial intelligence (AI) to oversee data across multiple clouds and hybrid environments. It offers a comprehensive solution encompassing data integration, governance, master data management, and data quality. For instance, in July 2021, Informatica, a US-based software development company, introduced its intelligent data management cloud (IDMC), the industry's first end-to-end AI-powered cloud platform service on Azure, tailored for the Asia Pacific region. This initiative bolsters cloud capabilities in the region, with the IDMC suite providing a holistic approach to data integrity, aligning with industry priorities surrounding data accuracy and consistency. Customers and partners can leverage these services to expedite data integration, transformation, and loading of workloads to Azure Data Services, catering to a myriad of cloud data management requirements.
In May 2023, QlikTech International AB, a renowned US-based company specializing in analytics and business intelligence platforms, completed the acquisition of Talend Inc. for an undisclosed sum. This strategic move is designed to unite Qlik's proficiency in data integration, analytics, artificial intelligence (AI), and machine learning with Talend's expertise in data integration and data quality solutions. The merger aims to offer customers a comprehensive solution within the industry, integrating Qlik's strengths with Talend's innovative Talend Data Integration solutions.
Major companies operating in the data integration and integrity software market are Microsoft Corporation, International Business Machines Corporation (IBM), Oracle Corporation, SAP SE, SAS Institute Inc., Palantir Technologies Inc., Informatica Corporation, Snowflake Inc., TIBCO Software Inc., Alteryx Inc., Confluent Inc., Talend SA, SnapLogic Inc., MuleSoft LLC, Domo Inc., Actian Corporation, Fivetran Inc., Matillion Limited, StreamSets Inc., Astera Software Inc., Panoply Ltd., Denodo Technologies Inc., CloverDX a.s., Striim Inc.
North America was the largest region in the data integration and integrity software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data integration and integrity software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the data integration and integrity software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Data integration and integrity software constitute a suite of tools and solutions crafted to facilitate the seamless consolidation of data from diverse sources while ensuring its accuracy, consistency, and reliability. These solutions play a pivotal role in helping organizations streamline data management processes, enhance data quality, and derive actionable insights from integrated datasets.
The primary components of data integration and integrity software are tools (solutions) and services. Tools (solutions) encompass the software applications and platforms specifically designed to facilitate data integration, data management, and data quality processes within organizations. These tools can be deployed either on-premise or in the cloud. They find application across a spectrum of industries, catering to both large enterprises and small and medium enterprises (SMEs). Various industry verticals, including IT and telecommunications, banking, financial services and insurance (BFSI), manufacturing, healthcare, retail, aerospace and defense, among others, utilize data integration and integrity software to optimize their data-related processes.
The data integration and integrity software market research report is one of a series of new reports that provides data integration and integrity software market statistics, including data integration and integrity software industry global market size, regional shares, competitors with a data integration and integrity software market share, detailed data integration and integrity software market segments, market trends and opportunities, and any further data you may need to thrive in the data integration and integrity software industry. This data integration and integrity software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The data integration and integrity software market consists of revenues earned by entities providing services such as data integration, data quality management, data governance, and data security solutions. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Data Integration and Integrity Software Market Characteristics3. Data Integration and Integrity Software Market Trends and Strategies32. Global Data Integration and Integrity Software Market Competitive Benchmarking33. Global Data Integration and Integrity Software Market Competitive Dashboard34. Key Mergers and Acquisitions in the Data Integration and Integrity Software Market
4. Data Integration and Integrity Software Market - Macro Economic Scenario
5. Global Data Integration and Integrity Software Market Size and Growth
6. Data Integration and Integrity Software Market Segmentation
7. Data Integration and Integrity Software Market Regional and Country Analysis
8. Asia-Pacific Data Integration and Integrity Software Market
9. China Data Integration and Integrity Software Market
10. India Data Integration and Integrity Software Market
11. Japan Data Integration and Integrity Software Market
12. Australia Data Integration and Integrity Software Market
13. Indonesia Data Integration and Integrity Software Market
14. South Korea Data Integration and Integrity Software Market
15. Western Europe Data Integration and Integrity Software Market
16. UK Data Integration and Integrity Software Market
17. Germany Data Integration and Integrity Software Market
18. France Data Integration and Integrity Software Market
19. Italy Data Integration and Integrity Software Market
20. Spain Data Integration and Integrity Software Market
21. Eastern Europe Data Integration and Integrity Software Market
22. Russia Data Integration and Integrity Software Market
23. North America Data Integration and Integrity Software Market
24. USA Data Integration and Integrity Software Market
25. Canada Data Integration and Integrity Software Market
26. South America Data Integration and Integrity Software Market
27. Brazil Data Integration and Integrity Software Market
28. Middle East Data Integration and Integrity Software Market
29. Africa Data Integration and Integrity Software Market
30. Data Integration and Integrity Software Market Competitive Landscape and Company Profiles
31. Data Integration and Integrity Software Market Other Major and Innovative Companies
35. Data Integration and Integrity Software Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Data Integration And Integrity Software Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on data integration and integrity software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- Measure the impact of high global inflation on market growth.
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- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for data integration and integrity software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The data integration and integrity software market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Component: Tools (Solutions); Services2) By Deployment Model: On-Premise; Cloud-based
3) By Enterprise Size: Large Enterprises; Small and Medium Enterprises
4) By Industry Vertical: IT and Telecommunication; Banking, Financial Services and Insurance (BFSI); Manufacturing; Healthcare; Retail; Aerospace and Defense; Other Industry Verticals.
Key Companies Mentioned: Microsoft Corporation; International Business Machines Corporation (IBM); Oracle Corporation; SAP SE; SAS Institute Inc.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Microsoft Corporation
- International Business Machines Corporation (IBM)
- Oracle Corporation
- SAP SE
- SAS Institute Inc.
- Palantir Technologies Inc.
- Informatica Corporation
- Snowflake Inc.
- TIBCO Software Inc.
- Alteryx Inc.
- Confluent Inc.
- Talend SA
- SnapLogic Inc.
- MuleSoft LLC
- Domo Inc.
- Actian Corporation
- Fivetran Inc.
- Matillion Limited
- StreamSets Inc.
- Astera Software Inc.
- Panoply Ltd.
- Denodo Technologies Inc.
- CloverDX a.s.
- Striim Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | April 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 16.26 Billion |
Forecasted Market Value ( USD | $ 27.03 Billion |
Compound Annual Growth Rate | 13.5% |
Regions Covered | Global |
No. of Companies Mentioned | 24 |