Dublin, May 17, 2023 (GLOBE NEWSWIRE) -- The "Data Virtualization - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Data Virtualization estimated at US$3.6 Billion in the year 2022, is projected to reach a revised size of US$14.2 Billion by 2030, growing at a CAGR of 18.6% over the analysis period 2022-2030.
Data Integration Solutions, one of the segments analyzed in the report, is projected to record a 20% CAGR and reach US$9.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Application Tool Solutions segment is readjusted to a revised 15.7% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 17.3% CAGR
The Data Virtualization market in the U.S. is estimated at US$1.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 17.3% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17% and 15.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.
Select Competitors (Total 47 Featured) -
- Datometry Inc.
- Denodo Technologies
- Gluent Inc.
- IBM Corporation
- Informatica LLC
- Information Builders, Inc.
- Microsoft Corporation
- OpenLink Software, Inc.
- Oracle Corporation
- Red Hat, Inc.
- SAP SE
- SAS Institute, Inc.
- TIBCO Software, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 197 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.6 Billion |
| Forecasted Market Value (USD) by 2030 | $14.2 Billion |
| Compound Annual Growth Rate | 18.7% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Data Virtualization: A Prelude
- Bright Prospects Ahead for Data Virtualization Market
- Data Virtualization - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- 'Age of Data Abundance' Instigates Broad-based Opportunities for Data Virtualization Tools
- Widespread Use of Enterprise Software and Business Apps Leads to Creation of Massive Volumes of Enterprise Data
- Global Corporate Data Volumes (in Exabytes) by Data Type for the Years 2012 through 2020
- Reinforcing Data Management Landscape, Data Virtualization Tools Set to Make Big Splash in Enterprise Data Strategies
- Pivotal Role of BI and Analytics in Modern Enterprise Paves Way for Wider Uptake of Data Virtualization Tools
- Increased Focus on DDDM in BI Processes Augurs Well
- Intelligent Data Virtualization Empowers Data Scientists
- Established Use Case of Big Data Widens Scope and Span of Data Virtualization Tools
- Volume of Big Data Created Worldwide (In Zettabytes) for the Years 2019 and 2025
- With AI and ML Making Robust Inroads in Enterprise Environments, Opportunities Galore for Data Virtualization Tools
- Data Virtualization Emerges as Primary Tool for GDPR Compliance
- GRC Processes Made Easier with Data Virtualization
- Enterprises Lean Towards Data Virtualization to Strengthen BYOD Environments
- Banking & Financial Services Enterprises: Major Consumers
- Retail Sector Emerges as a Lucrative Market
- Data Virtualization Grabs Attention of Healthcare Enterprises
- Research Labs Rely on Data Virtualization to Streamline Research Processes
- Data Virtualization: Handy Tool for Application Developers
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/tgaj42
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