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.

Last Updated: June 22, 2024

Written & Summarized by: Jannik Lindner

How we write

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."

The global data integration market is set to experience significant growth in the coming years, with various regions and sectors showing promising trends. North America currently dominates the market, but the APAC region is expected to witness substantial growth in demand for application integration solutions. Cloud-based deployment models and the tools segment are predicted to be key drivers of market expansion, particularly among SMEs. Businesses are increasingly recognizing the importance of data integration for operational efficiency and cost savings, yet challenges such as data quality and project objectives persist. Innovations incorporating AI and machine learning are anticipated to further drive the evolution of data integration tools.

Jannik Lindner

Jannik is the Co-Founder of Gitnux and has been working in the digital space since 2016. He is specialized in content and tech.

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