According to a new report, published by KBV research, The Global Data Pipeline Tools Market size is expected to reach $19 billion by 2028, rising at a market growth of 19.4% CAGR during the forecast period.
The Real time Analytics & Predictive Maintenance is leading the Global Data Pipeline Tools Market by Application in 2021; thereby, achieving a market value of $5.7 billion by 2028. Real-time analytics is the discipline that combines logic and mathematics with data in order to generate insights for making quicker, more informed decisions. For some use cases, real-time analytics merely refers to the completion of the analysis within a few seconds or minutes of the arrival of new data.
The Telecom market is showcasing a CAGR of 20.3% during (2022 - 2028). The growth of the segment is rising as a result of the growing penetration of the 5G technology. Due to the advent of 5G networks all over the world, data volumes among telecom companies is rapidly increasing. Due to this, the adoption of data pipeline tools is significantly increasing throughout telecom service providers.
The On-premise market is generating high revenue in the Global Data Pipeline Tools Market by Deployment Mode in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $11.1 billion by 2028. On-premises data pipeline tools are designed to integrate with current data processing infrastructure, such as a database as well as the data lake, in the same site.
The SMEs market is exhibiting a CAGR of 21.5% during (2022 - 2028). Creating data pipelines is a key aspect of SMBs. Companies must be able to collect data from millions of people and analyze the results in near real-time in order to produce datasets. Data pipeline solutions aid in the management of data and automate essential business operations to produce data insights in real time.
The Tools market is leading the segment in Global Data Pipeline Tools Market by Component in 2021; thereby, achieving a market value of $12.2 billion by 2028. The necessity for merging information from multiple independent sources grows rapidly in tandem with the amount of data created and collected by businesses. Due to the plethora of data that constitutes big data, IT giants, such as IBM, Microsoft, SAP, and Informatic were compelled to build and install data pipeline software to help IT, teams, in streamlining and managing the process.
The Streaming Data Pipeline market is registering a CAGR of 19.7% during (2022 - 2028). A streaming data pipeline continuously transmits data from its source to its destination as it is produced, making the data useful along the way. Streaming data pipelines are utilized for populating data lakes or data warehouses, as well as publishing to a message system or data stream.
The North America market dominated the Global Data Pipeline Tools Market by Region in 2021; thereby, achieving a market value of $6.7 billion by 2028. The Europe market is anticipated to grow at a CAGR of 18.9% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 20.2% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/data-pipeline-tools-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SAP SE, IBM Corporation, Microsoft Corporation, Oracle Corporation (Cerner Corporation), Amazon Web Services, Inc. (Amazon.com, Inc.), Google LLC, Software AG, Snowflake, Inc., Tibco Software, Inc. (Vista Equity Partners) and Precisely (Clearlake Capital Group)
By Application
By Vertical
By Deployment Mode
By Organization Size
By Component
By Type
By Geography
Companies Profiled