Market Report

The Data Virtualization Market size is forecast to reach $ 8.39 billion by 2025 growing at a CAGR of 20.6% during the forecast period 2020-2025. The Growth of Data Virtualization market can be attributed to the rising demand coupled with high investments in R&D activities. For Instance, in 2017 HGGC made a $1.84 billion investment in data virtualization software firm Denodo. By delivering real-time data flow at lower costs and with greater security, data virtualization is quickly becoming the preferred solution for data access, data integration and data delivery in many business applications.This concept and software is a subset of data integration and is commonly used within business intelligence, service-oriented architecture data services, cloud computing, enterprise search, and master data management.Rising adoption of cloud based solutions to enhance business processes will further fuel the growth of data virtualization market. Key Takeaways • Banking & Financial Sectors ...