Data Virtualization Market To Reach USD 9.07 Billion By 2026
Market Summary Increasing demand for Data Virtualization in Large Enterprises coupled with high investment in R&D of Data Virtualization is fueling the market growth. Market Size – USD 2.01 Billion in 2018, Market Growth - CAGR of 20.6%, Market Trends – Increase in demand for Data Virtualization in Banking & Financial Sectors. The global data virtualization market is forecast to reach USD 9.07 Billion by 2026, according to a new report by Reports and Data. The Data Virtualization market is rising rapidly in the global market owing to the high proliferation of adoption of data visualization in Data Analytics & BI Tools as it doesn't involve high expanses in data storage unlike data warehousing system and lesser probabilities in risks of data errors. The market in the Asia Pacific region is forecasted to generate a revenue of USD 2.78 Billion in the year 2026, owing to its extensive market penetration towards Data Virtualization coupled with its rise in consumer base in Banking & Financial Sectors and transcendence in IT & Telecommunication segment in China, Japan Further key findings from the report suggest : • APAC owing to its massive rise in Retail & Ecommerce consumers, and increase in Banking & Financial Sectors in China, Japan, and India, is expected to grow the highest in the Data Virtualization market with a CAGR of 24.5% by 2026. • Academics & Research is forecasted to achieve the highest CAGR of 25.9% throughout the forecast period. The segment requires plenty of information to be gathered using a variety of data tools which deploy data virtualization software. www.reportsanddata.com
Key Players: Oracle Corporation, International Business Machines Corporation, Denodo Technologies Inc., Red Hat Software, Cisco systems, Informatica, SAS, Microsoft Corporation, SAP SE, Capsenta
Segmentation: • Type of Usage Layer Method Outlook (Revenue, USD Billion; 2016-2026), Front-end, Back-end • Organization Size Type Outlook (Revenue, USD Billion; 2016-2026), Small and Medium Enterprises (SMEs), Large Enterprises • Application of Logistics Outlook (Revenue, USD Billion; 2016-2026), Mobile & Web Applications, Websites, Cloud-computing Applications, Standalone Software, UI & UX Development, Data Analytics & BI Tools, Search Engine Tools • End Users Type Outlook (Revenue, USD Billion; 2016-2026), IT & Telecommunication, Healthcare Industries, Public Sectors, Banking & Financial Sectors, Media & Entertainment, Retail & Ecommerce, Manufacturing Industries, Transportation Sectors, Academics & Research, Others www.reportsanddata.com
Regional Data Virtualization Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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