What is Data Virtualization Software Market?
Data is mainly transferred in different formats as well as speeds. So, it is very necessary to virtualize the data. Some of the main data virtualization tools include enhanced data federation, logical abstraction, and agile data services providing semantic integration, unified data governance, and security. The major benefit of data virtualization software is to reduces development &support time and increase the speed of access to data on a real-time basis and others. Generation of large volumes of data and increasing demand for data integration software tools are some of the key factors fueling the growth of the data virtualization software market during the forecast period.
The market study is being classified and major geographies with country level break-up.
International Business Machines Corporation (United States), SAP SE (Germany), Informatica (United States), Denodo Technologies (United States), Oracle Corporation (United States), TIBCO Software (United States), Microsoft Corporation (United States), Red Hat (United States), SAS Institute (United States) and Information Builders (United States) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Data Virtualization Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Data Virtualization Software market by Type, Application and Region.
On the basis of geography, the market of Data Virtualization Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Generation of Huge Amounts of Data
- Increasing Demand for Data Integration Software Tools
Market Trend
- Technology Advancement in Data Virtualization Software
Restraints
- Lack of Standardization in Enterprise Data Management
Opportunities
- Rising Demand for Cloud-Based Solutions and Increasing Usage of BI Tools
Challenges
- Lack of Expertise in Using Relational Databases
- Traditional Architecture and Infrastructure
In 2019, the Denodo (United States) Company data virtualization platform now available on the google cloud platform marketplace. Therefore, it will enhance market growth.
Key Target Audience
Data Virtualization Software and Platform Providers, IT Management Directors/Managers, Government Organizations, Training and Education Service Providers and Others