Global Data Fusion Market To Power And Cross USD 17.2 Billion By 2025

12-Feb-2021 | Zion Market Research

As per Zion Market Research, the global data fusion market size is predicted to develop and cross USD 17.2 billion by 2025 from USD 8.3 billion in 2019, with a CAGR of almost 16%. The major growth factors of the market comprise rapid acceptance of data-based decision-making and launch of IIoT (Industrial Internet of Things).

The key players that provide data fusion services and tools all over the world are Esri, AGT International, Palantir Technologies, LexisNexis, InvenSense, Thomson Reuters, Cogint, Clarivate Analytics, INRIX, and Merrick & Company.

The BFSI (Banking, Financial Services, And Insurance) Industry Segment Is Predicted To Add Up For The Biggest Share Of The Data Fusion Market In The Years To Come

The BFSI (Banking, Financial Services, and Insurance) industry segment is predicted to add up for the biggest share of the data fusion market in the years to come. The development is powered by the rise in dependence on data created from different IT systems used for financial payments and rise in requirement of people to make their workload related to security simpler.

The Entertainment And Media Industry Segment Is Predicted To Develop At The Max Speed During The Coming Period

The entertainment and media industry segment is predicted to develop at the max speed during the coming period. This is owing to the rise in requirement to manage data taken from different IT systems and other sources, such as operations management.

North America Is Predicted To Carry On Being The Biggest Income Generating Area For Data Fusion Players In The Coming

The global data fusion market is divided by regions into Asia Pacific, North America, Middle East and Africa (MEA), Europe, and Latin America. Moreover, after Europe, North America is predicted to carry on being the biggest income generating area for data fusion players in the coming. This is majorly because in the developed nations of Canada and the US, there is a high aim stress on innovations attained from technology and R&D. The Asia Pacific area is predicted to be the quickest-developing area in the data fusion market, due to the rise in acceptance of IoT (Internet of Things) and smart techs, and different government programs, such as smart cities all over Asia Pacific nations, including India and China.

Browse the full “Data Fusion Market- By Component (Services And Tools), By Business Function (Sales And Marketing, IT, Finance, Operations, And HR), By Service (Managed Services And Professional Services), By Deployment Model (On-Demand And On-Premises), By Industry ( Banking, Financial Services, And Insurance (BFSI), Telecom & IT, Retail & Consumer Goods, Healthcare & Life Sciences, Manufacturing, Government & Defense, Energy & Utilities, Transportation & Logistics, Media & Entertainment, And Others ), By Organization Size (Large Enterprises And Small & Medium Enterprises), And By Region - Global Industry Perspective, Comprehensive Analysis, And Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/data-fusion-market

The global data fusion market is segmented as follows:

By Component

  • Tool
  • Service

By Service

  • Managed services
  • Professional services
    • Consulting
    • Deployment and integration
    • Support and maintenance

By Business Function

  • Information Technology (IT)
  • Sales and Marketing
  • Finance
  • Operations
  • Human Resources (HR)

By Deployment Model

  • On-premises
  • On-demand

By Organization Size

  • Large enterprises
  • Small and Medium Enterprises (SMEs)

By Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecom and IT
  • Retail and consumer goods
  • Healthcare and life sciences
  • Manufacturing
  • Government and defense
  • Energy and utilities
  • Transportation and logistics
  • Media and entertainment
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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