Rise in the demand for cloud computing for effective data integration tools majorly drives the growth of the data integration software market. In addition, rise in need for products or services that support digital transformation and demand for tools that can combine several heterogeneous data fuel the growth of the market.
However, lack of storage capacity and unanticipated costs of data integration software hamper the growth of the data integration software market.
Furthermore, rise in demand for open source data integration tools and increased inclination toward self-service data integration are anticipated to provide major opportunities in the data integration software market.
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The data integration software market is segmented based on component, deployment mode, organization size, application, industry vertical, and region. In terms of component, the market is bifurcated into tools and service.
As per deployment mode, the market is segmented into on-premise and on-demand. Based on organization size, it is classified into large-size organization and small-size organization.
Based on application, the market is divided into marketing, sales, operation, finance, and HR. As per industry vertical, it is segmented into BFSI, IT & telecom, automotive, education, retail and consumer goods, healthcare, and others. Based on region, the data integration software market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players profiled in the data integration software market analysis are IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Cisco System Inc., Symantec Corporation, Actian Corporation, Intel Corporation, Cask Data Inc. and Graylog Inc.
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