GITNUX MARKETDATA REPORT 2024
Data Integration Industry Statistics
The data integration industry is expected to grow significantly as organizations increasingly seek to consolidate and analyze data from disparate sources.
In the following post, we will explore key statistics shaping the data integration industry, offering insights into market trends, regional dynamics, and emerging technologies. From the rapid growth projections to sector-specific adoption rates, these data points provide a comprehensive overview of the evolving landscape of data integration. Stay tuned to gain a deeper understanding of the forces driving innovation and transformation in this critical sector.
Statistic 1
"By 2022, the global data integration market is predicted to reach $12.24 billion."
Statistic 2
"Currently North America holds the largest share (37%) of the data integration market."
Statistic 3
"The demand for application integration solutions in the APAC is expected to grow at a CAGR of 11.7% from 2021 to 2026."
Statistic 4
"The cloud-based deployment model for data integration is expected to grow at a higher CAGR of over 14.7% during the forecast period."
Statistic 5
"By 2025, it is estimated that the tools segment will hold a significant share of the data integration market."
Statistic 6
"The SMEs segment is expected to grow at the highest CAGR of over 16.8% from 2021 to 2026."
Statistic 7
"In 2017, the healthcare industry had the highest rate of data integration adoption at 15.8%."
Statistic 8
"The tools segment is expected to account for a market share of approximately 30% by 2023."
Statistic 9
"More than half (53%) of businesses in the Asia-Pacific region will depend on data integration by the end of 2022."
Statistic 10
"By 2026, the Business-to-Business (B2B) integration will emerge as the leading segment with 30% of the global share."
Statistic 11
"The average annual savings for businesses using data integration is estimated to be around $3 million."
Statistic 12
"The utilities sector is predicted to adopt data integration at the fastest CAGR of 14.4% during 2019-2025."
Statistic 13
"More than 70% of the organizations use data integration tools to clean and transform their data."
Statistic 14
"About 55% of IT decision makers consider data integration as a limiting factor to their innovation."
Statistic 15
"More than 40% of all data integration projects for analytics purposes fail to meet their original objectives."
Statistic 16
"The global data integration and integrity platform market could be classified into five significant segments- tools, services, business applications, deployment, and vertical."
Statistic 17
"Data integration tools that incorporate AI and machine learning will rise with a CAGR of 13.2% by 2024."
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Jannik Lindner
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