Data Virtualization Cloud Market : Key Players, Applications, Outlook, SWOT Analysis And Forecasts 2030

 Considering these factors, analysts at Future Market Insights (FMI) have forecast global adoption data virtualization cloud solutions to rise by 25.2% CAGR from 2020 to 2030.

COVID-19 pandemic has boosted adoption of cloud-based platforms among businesses and small and medium-sized enterprises. Insights from recent studies reveal that over a third (38%) of companies are changing their focus to hybrid cloud structures as core component of their existing cloud strategy.

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Data Virtualization Cloud Market Size Study

  • Standalone software to remain preferable component in data visualization cloud market
  • Business intelligence tools to account for greater data consumption through 2030
  • Public cloud model continues to generate significant demand over following decade
  • Market players continue to view BFSI industry as target customer of data visualization cloud solutions
  • Markets in North America and Europe will remain in vanguard, given presence of key players and well-established cloud infrastructure

“Cloud-based models have become commonplace and companies are strategically leveraging them to upgrade their applications for data-driven architecture. With this maturity, digital transition and subsequent cloud adoption has become substantially manageable than ever before. Innovative trends are coming forth to support slew of use cases in hybrid and multi-cloud ecosystems,” says analyst at FMI.

Data Virtualization Cloud Market – Competitive Intelligence

Presence of technology giants such as Microsoft Corporation, IBM Corporation, and SAP has intensified competitive landscape of global data virtualization cloud market. In order to survive cut-throat competition, market players are bringing advancements in existing solutions as well as are offering them at flexible pricing. For instance,

  • Microsoft Corporation has developed Conduit, which is lightweight data virtualization solution that offers direct query to various data sources irrespective of their location though centralized security framework that allows de-centralized access while fulfiling five Cs – Combine, Connect, Collaborate, and Consume with Compliance.
  • Taking advantages of Google Cloud’s flexible rent-by-hour licensing format, Denodo has developed platform for Google Cloud Platform (GCP) that is available at broad array of pricing options including number of data sources. Denodo Platform for GCP provides features identical to the elite Denodo Platform. Furthermore, Denodo Platform can be deployed on GCP as bring your own license (BYOL).

Want to Know More About Data Virtualization Cloud Market?

A new market research report published by Future Market Insights (FMI) on the global data virtualization cloud market report offers comprehensive insights into the market demand trends and analysis of opportunities over the forecast period, 2020-2030. The report examines the data virtualization cloud market through five different segments – component, data consumer, deployment model, end-use industry, and region.

The data virtualization cloud market report also provides extensive assessment of pricing by different key market dynamics, life cycle analysis, and technologies that are being deployed in the development of data virtualization cloud and product adoption across several end-use industries.

Get More Information on this Report @
https://www.futuremarketinsights.com/reports/data-virtualization-cloud-market

Key Segment

Component:

  • Standalone Softwar
  • Data Integration Tools
  • Application Tool Solution

Data Consumer:

  • Business Intelligence Tools
  • Enterprise Applications
  • Mobile and Web Applications

Deployment Model:

  • Public Cloud
  • Hybrid Cloud
  • Private Cloud
  • Multi-Cloud

End-use Industry:

  • BFSI
  • IT and Telecom
  • Retail and e-Commerce
  • Government and Defense
  • Healthcare
  • Manufacturing
  • Others

Regional Outlook:

  • North America (US, Canada)
  • Latin America (Brazil, Mexico)
  • Europe (Germany, UK, Russia, France, Italy)
  • South Asia & Pacific (India, ASEAN, and Oceania)
  • East Asia (China, Japan, and South Korea)
  • Middle East & Africa (MEA) (Turkey, GCC Countries, and South Africa)

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