Data Virtualization Market Highlights:
Data virtualization finds crucial application in the latest data architecture. It facilitates the formation of a single data layer by sourcing and procuring data from different sources. It is a new technology and is expected to gain quick mileage over the next couple of years. Market Research Future (MRFR)’s study states that the global data virtualization market is poised to expand at 15% CAGR over the forecast period 2017 to 2023. It is also highlighted in the study that the market is likely to earn revenues worth USD 278 Bn by the end of the evaluation period.
Rising adoption of enterprise applications such as CRM, web conferencing, ERP, CMS, BI, and ESB, among others is projected to boost the growth pace of the Data Virtualization Market in the upcoming years. Technological developments are prognosticated to lead the expansion of the market in the years to come. Rising penetration of smartphones is also anticipated to influence the proliferation of the market positively over the next few years.
The product enhances the productivity and efficiency of an organization. This, in turn, is expected to catapult the data virtualization market on growth trajectory. Also, the developments in the cloud-based technologies are presumed catalyze revenue generation for the players in the data virtualization market across the projection period.
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Cisco Systems (US), Informatica (US), Red Hat Software (US), Denodo Technologies Inc (US), Oracle Corporation (US), IBM Corporation (US), SAP SE (Germany), Data Virtuality (Germany), Capsenta (US), and Microsoft Corporation (US) are some of the major vendors participating in the global data virtualization market.
These players are assessed in the share analysis covered in this MRFR report. Investments in technological innovations and product portfolio development are expected to intensify the competition in the global market over the next couple of years. Emphasis is also poised to be placed on pricing policies for gaining edge over competitors and strengthening market positions. Growth strategies anticipated to be witnessed in the global data virtualization market over the next few years are mergers & acquisitions, collaborations with end-users, agreements, etc.
The segmental analysis of the global data virtualization market, on the basis of data consumers, are Business Intelligence (BI), application servers, and mobile enterprises. Among these, the mobile enterprises segment is expected to account for the largest share of the market over the next couple of years.
Factors such as rising demand for real time increasing penetration of smartphones, etc. are presumed to expedite the growth rate of the segments in the nearby future.
The segments of the data virtualization market, based on vendors, are service providers, specialized pure play vendors, large software vendors, and supplementary technologies.
The end-user segments of the global data virtualization market profiled in this study are insurance, healthcare, retail, telecom, e-commerce, manufacturing, media, and government.
This MRFR report offers a detailed geographical evaluation of the global data virtualization market based on region and country. The regions identified and assessed in this study are – North America, Europe, Asia Pacific (APAC), and the Rest of the world (RoW). North America is the largest regional segment of the global market. It is supposed to maintain its lead over the next few years.
Introduction of advanced technologies by key vendors based out of the region is also anticipated to expedite the growth rate of the data virtualization market in the years to come. The development and adoption of cloud-based technologies witnessed in the region are also prognosticated to impact the expansion of the data virtualization market substantially in the foreseeable future.
Table of Contents
1 Market Introduction
1.2 Scope of Study
1.2.1 Research objective
1.3 Market Structure
2 Research Methodology
2.1 Research Data Virtualization
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
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List of Tables
Table 1 Data Virtualization Market, By Data Consumers
Table 2 Data Virtualization Market, By Vendors
Table 3 Data Virtualization Market, By End – User
Table 4 Data Virtualization Market, By Region
Table 5 North America Data Virtualization Market, By Data Consumers
List of Figures
Figure 1 Research Methodology
Figure 2 Data Virtualization Market, By Data Consumers (%)
Figure 3 Data Virtualization Market, By Vendors (%)
Figure 4 Data Virtualization Market, By End User (%)
Figure 5 Data Virtualization Market, By Region (%)
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