• The Data Virtualization Market size is forecast to reach $ 8.39 billion by 2025 growing at a CAGR of 20.6% during the forecast period 20202025. The Growth of Data Virtualization market can be attributed to the rising demand coupled with high investments in R&D activities. For Instance, in 2017 HGGC made a $1.84 billion investment in data virtualization software firm Denodo. By delivering real-time data flow at lower costs and with greater security, data virtualization is quickly becoming the preferred solution for data access, data integration and data delivery in many business applications.
Contact: (+1) 970-2363677
Email:
Key Takeaways
•Banking & Financial Sectors segment is likely to dominate the Data
Virtualization market owing to the growing need to access large volumes of data stored across various systems, to reduce infrastructure costs and increasing demand for data integration software tools.
•Academics & Research segment is expected to achieve the highest CAGR of 25.9% during the forecast period 2020-2025 owing to the higher requirement of gathering plenty of information using a variety of data tools which deploy data virtualization software.
•• Lack of expertise in using relational databases and traditional architecture and infrastructure may create hurdles for the Data Virtualization Market.
Contact: (+1) 970-236-
3677
Email: sales@industryarc.com
Component Type - Segment Analysis
The data integration solution Segment has been analyzed to attribute to the majority of shares in Data Virtualization market during the forecast period 2020-2025. The data virtualization platform with integration capabilities enables organizations to collect data from various sources on a single platform. Various industry verticals, such as Banking, Financial Services, and Insurance (BFSI), healthcare, and retail and ecommerce, are deploying data virtualization software and solutions to access and analyze large volumes of data which is propelling the growth of Data Virtualization Market.
Contact: (+1) 970-2363677
Email: sales@industryarc.com
Data Virtualization Market Industry Outlook
• International Business Machines Corporation (IBM; US)
• SAP SE (Germany)
• Informatica (US)
• Denodo Technologies (US)
• Oracle Corporation (US)
• TIBCO Software (US)
• Microsoft Corporation (US)
• Red Hat (US)
• SAS Institute (US)
• Information Builders (US).
Contact: (+1) 970-236-