Data Virtualization Market is Driven By Rising Demand For Cost-Efficient Data Management Solutions Among Enterprises

-
Data virtualization is a data integration technology. It incorporates data from different locations formats, and sources, without duplicating the data, to build a single “virtual” data layer that provides integrated data services to support numerous users and applications. Data virtualization may also be deliberated as a substitute to data warehousing and ETL (extract, transform, and load). Data virtualization technology is a crucial part of modern data architecture. This is primarily due to its adaptability and capacity to rapidly incorporate new data sources and deliver information in real-time to business clients. It is commonly used by organizations in order to enhance their IT infrastructure with competitive pricing, better performance, and a trusted environment. Presently, enterprises are creating high demand for data virtualization solution, as it has the capability to enhance business procedures and offer logical data warehousing and advanced data management capabilities.


The global data virtualization market is mainly driven by rising demand for cost-efficient data management solutions among enterprises in order to manage huge amount of data generated from organizations on a regular basis. Data virtualization solution enables enterprises to virtually integrate, access, and provide critical data to business intelligence and analytical tools. Additionally, increasing demand for data integration software tools is anticipated to boost the demand for data virtualization solutions around the globe. Furthermore, increase in adoption of cloud-based solutions by enterprises in order to enhance their business processes is also projected to fuel the demand for data virtualization solutions across the world. However, lack of standardization in enterprise data management is a crucial factor hampering the growth of the global data virtualization market. Furthermore, reluctance among enterprises to invest in advanced solutions is another key restraint. This is primarily because enterprises are still dependent on their traditional architecture and infrastructure.

Rise in demand for business intelligence tools among small and medium enterprises is anticipated to create new opportunities for the growth of the global data virtualization market around the globe.

The global data virtualization market can be segmented on the basis of component, deployment, enterprise size, industry, and region. Based on component, the global data virtualization market can be bifurcated into solutions and services. The solutions segment can be categorized into standalone solutions and integrated solutions, while the services segment can be split into professional and managed services. In terms of deployment, the market can be segregated into cloud-based and on-premise. On the basis of enterprise size, the market can be categorized into small and medium enterprises and large enterprises. Based on industry, the global data virtualization market can be classified into manufacturing, healthcare, banking, financial services, and insurance (BFSI), media & entertainment, retail & e-commerce, IT & telecom, government, and others.


 The data virtualization market in Asia Pacific is anticipated to grow significantly during the forecast period. Demand for data virtualization in the region is primarily generated from countries, such as, India, China, and Japan. Furthermore, rapid development and innovation in the field of data management system and growing awareness among end-users are expected to create new opportunities for the growth of the data virtualization market in Asia Pacific.

Major players operating in the global data virtualization market include SAP SE, IBM Corporation, Informatica LLC, Denodo Technologies Inc., Amazon Web Services (AWS), Cisco, Inc., Red Hat, Inc., TIBCO Software Inc., Oracle Corporation, VMware, Inc., Microsoft Corp

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more