TMCnet News
The data virtualization market is projected to grow at a CAGR of 21.1%NEW YORK, Jan. 23, 2018 /PRNewswire/ -- The data virtualization market is projected to grow at a CAGR of 21.1% during the forecast period 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. In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. • By Company Type - Tier 1 – 20%, Tier 2 – 47%, and Tier 3 –33% • By Designation – C-level – 47%, Director-level – 36%, and Others – 17% • By Region – North America – 21%, Europe– 45%, APAC - 27%, and the Rest of the World (RoW)- 7% Major data virtualization vendors include 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), and Information Builders(US). Research Coverage The data virtualization market has been segmented on the basis of components (standalone software, data integration solution, and application tool solution), deployment modes, data consumers, enterprise sizes, end users, and regions. The data virtualization solutions help data virtualization software and platform providers; initial public offering/venture capitalists/angel investors; IT directors and consultants; BFSI, healthcare, retail, manufacturing, and government organizations to improve business operations, enhance decision–making, and reduce costs.. The deployment modes in the data virtualization market are cloud and on-premises. Data consumers are segmented into Business Intelligence (BI) tools, enterprise applications, and mobile and web applications. The enterprise size in the data virtualization market are large enterprises and Small and Medium-sized Enterprises (SMEs) The end-users segment includes BFSI, manufacturing, healthcare, retail and eCommerce, research and academia, media and entertainment, telecom and IT, government and defense, and others (transportation and oil and gas). On the basis of regions, the data virtualization market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The report will help the market leaders and new entrants in the data virtualization market in the following ways: 1. The report segments the market into various subsegments, hence it covers the market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and subsegments. The market numbers are further split into different application areas and regions. 2. The report helps in understanding the overall growth of the market. It provides information on the key market drivers, restraints, challenges, and opportunities. 3. The report helps in understanding competitors better and gaining more insights to strengthen the organization's position in the market. The study also presents the positioning of the key players based on their product offerings and business strategies. Read the full report: https://www.reportlinker.com/p05292507 About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
View original content:http://www.prnewswire.com/news-releases/the-data-virtualization-market-is-projected-to-grow-at-a-cagr-of-211-300587066.html SOURCE Reportlinker |