The Banking, Financial Services, and Insurance (BFSI) industry vertical is expected to account for the largest share of the data fusion market in 2017. The growth is fueled by the growth in need of people to simplify their workload related to security and increase in dependence on data generated from various IT systems used for financial transactions. The media and entertainment industry vertical is projected to grow at the highest CAGR during the forecast period due to the increase in need to manage data extracted from various sources and Others IT systems, such as operations management.
Market Analysis and Insights: Global and United States Data Fusion Market
This report focuses on global and United States Data Fusion market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Data Fusion market size is estimated to be worth US$ 8950.5 million in 2022 and is forecast to a readjusted size of US$ 15020 million by 2028 with a CAGR of 9.0% during the review period. Fully considering the economic change by this health crisis, by Type, Managed Services accounting for % of the Data Fusion global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Large Enterprises was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
The major business functions, which the data fusion caters to are Information Technology (IT), sales and marketing, finance, operations, and Human Resources (HR). The adoption of data fusion for HR business function is expected to increase significantly in the forthcoming years, owing to the surge in need to resolve HR process-related issues in real time and rise in requirement to streamline operations across industries.
Global Data Fusion Scope and Market Size
Data Fusion market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Data Fusion market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Data Fusion market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Managed Services
Professional Services
Segment by Application
Large Enterprises
Small and Medium Enterprises (SMEs)
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Thomson Reuters
AGT International
ESRI
Lexisnexis
Palantir Technologies
Cogint
Invensense
Clarivate Analytics
Merrick & Company
Inrix