DUBLIN--(BUSINESS WIRE)--The "Data Virtualization Market by Component (Standalone Software, Data Integration Solution, Application Tool Solution), Deployment Mode (Cloud and On-Premises), Data Consumer, Enterprise Size, End-User, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The Market for Data Virtualization is Expected to Grow from USD 1.58 Billion in 2017 to USD 4.12 Billion By 2022, at a CAGR of 21.1%
The generation of large volumes of data is a major factor driving the growth of the data virtualization market. To formulate business strategies, organizations need to access large volumes of data stored at heterogeneous sources to gain business insights and to enhance the decision-making process.
Lack of standardization in enterprise data management is expected to be a major restraint for the growth of data virtualization market. A predefined set of rules and regulations needs to be considered, while accessing the data.
The component in the data virtualization market includes standalone software, data integration solution, and application tool solution. The data integration solution component helps various organizations to optimize their strategy and operational efforts by providing a unified 360-degree view of data.
APAC is expected to grow at the highest CAGR in the global data virtualization market during the forecast period. Factors, such as rapid expansion of domestic enterprises, massive growth of data generation from all industries in this region, and higher development of infrastructure, are driving the data virtualization across different end-user segments. The North American region is expected to hold the largest market size during the forecast period.
Major driving factors for the market are an increasing need for data virtualization solutions, automation, need to access large volumes of data stored across various systems to get a consolidated view, focus on reducing infrastructure costs, an increasing need to get business insights and real-time availability of data, and growing demand for data integration software tools.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview And Industry Trends
6 Data Virtualization Market, By Component
7 Data Virtualization Market, By Deployment Mode
8 Data Virtualization Market, By Data Consumer
9 Data Virtualization Market, By Enterprise Size
10 Data Virtualization Market, By End-User
11 Data Virtualization Market, By Region
12 Competitive Landscape
13 Company Profiles
- Information Builders
- Openlink Software
- Red Hat
- Tibco Software
For more information about this report visit https://www.researchandmarkets.com/research/95tsnd/4_1_billion_data?w=4