Press-Releases

The Worldwide Data Pipeline Tools Industry is Expected to Reach $17.6 Billion by 2027: Emergence of Cloud Computing Technologies Drives Growth

[ad_2]

Dublin, Jan. 26, 2023 /PRNewswire/ — The “Data Pipeline Tools Market by Component (Tools and Services), Tool Type (ETL Data Pipeline, ELT Data Pipeline, Streaming Data Pipeline, and Batch Data Pipeline), Application, Deployment Mode, Organization Size, Vertical & Region – Global Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

 

The data pipeline tools market is projected to grow from USD 6.9 Billion in 2022 to USD 17.6 Billion by 2027, at a CAGR of 20.3% during the forecast period.

The ETL Data Pipeline segment to have the highest CAGR during the forecast period

By type, the data pipeline tools had been segmented into ETL Data Pipeline, ELT Data Pipeline, Streaming Data Pipeline, Batch Data Pipeline, and Change Data Capture Pipeline. Among all the ETL Data Pipeline segment to have the highest CAGR during the forecast period.

The collection of procedures used to transfer data from one or more sources into a database, such as a data warehouse, is known as an ETL pipeline. The three interconnected data transformation procedures known as extract, transform, and load (ETL). Data can be loaded and then used for monitoring, research, and the creation of useful business insights. Source data from disparate systems needs to be migrated, aggregated, and adjusted to match with the features and functions of the target database to deliver valuable observations.

Businesses can streamline their data analysis by switching to cloud-based software services and enhanced ETL pipelines. Businesses that currently use batch processing can adopt continuous processing techniques without altering their existing workflows. The deployment can begin with specific types of data. ETL pipelines significantly help firms achieve an edge over its competitors by giving decision-makers more authority.

The deployment & integration solution is registered to grow at the highest CAGR during the forecast period

By services, the data pipeline tools had been segmented into Consulting, deployment & implementation, support & maintenance. Integration and deployment services give businesses technical know-how and help them choose the best software architecture in accordance with their operational needs.

Therefore, the proper number of connectors and back-end integration skills are needed for system integration and deployment services. These services are becoming increasingly popular among end users all over the world since they make sure that systems interact well with one another to enhance the efficiency of the whole production and supply chain process.

Among applications, Real-time Analytics application is anticipated to register the largest market size during the forecast period

In current day and age, organizations are driven by a need to make data-driven decisions. Streaming data pipeline tools enable handling millions of events at scale and offer capabilities of collecting, analyzing, and storing large volume of information for enterprises.

Such tools are essentially critical for applying real time analytics and reporting. These tools can also enable streaming real time application data from legacy mainframe systems for business-critical applications that necessitate reporting and analytics. Streaming data pipelines offer businesses in achieving a competitive advantage and are particularly useful in assuring data accessibility across the enterprise.

North America to account for the largest market size during the forecast period

North America is expected to have the largest market share in the data pipeline tools market. North America is one of most captivate regions in data pipelining tools market. The US is the largest market for data pipelining tools and solutions in the North American region.

The increased simplification to unify large data volumes of huge enterprises around the country over a single cloud platform drives the adoption of data pipelining tools and services in the US. With the help of end-to-end data pipelines, it is easier to keep an eye on the data transformation at every single stage while it travels from the source till the visual analytics that provide actionable insights.

This provides added security in the data integration and pipelining process. The companies based in the US are rapidly providing end-to-end data pipelines to identify and respond to potential cyberattacks and minimizing security breaches compared to traditional data integration methods. For instance, Snowflake, a US-based technology company, provides Data Cloud for cybersecurity.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Attractive Market Opportunities for Data Pipeline Tools Market Players

4.2 Market, by Vertical

4.3 Market, by Region

4.4 Market: Top Three Business Applications and Verticals

5 Market Overview and Trends

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Need for Agility to Meet Peaks in Demand

5.2.1.2 Emergence of Cloud Computing Technologies

5.2.2 Restraints

5.2.2.1 Lack of Expertise Among Workforce

5.2.3 Opportunities

5.2.3.1 Overcoming the Lacunae of Traditional Data Management Tools

5.2.3.2 Necessity to Reduce Data Latency

5.2.4 Challenges

5.2.4.1 Updating Data Pipeline Using Etl Impacts Data Quality

5.2.4.2 Duplicate Data

5.2.4.3 Data Downtime

5.2.4.4 Reluctance to Adopt Advanced Tools and Technologies

5.3 Data Pipeline Tools: Evolution

5.4 Ecosystem

5.5 Case Study Analysis

5.5.1 Banking, Financial Services, and Insurance

5.5.1.1 Combined 23 Disparate Erp Systems into a Single Sap Erp Application

5.5.1.2 Big Data Platform Implementation on Amazon Web Services for Norway’s Largest Bank

5.5.2 Transportation & Logistics

5.5.2.1 Convoy Builds a Continuous Data Pipeline with the Data Cloud

5.5.3 Retail & Consumer Goods

5.5.3.1 Leading Ecommerce Site Gained Improved Data Accessibility

5.5.4 Healthcare & Life Sciences

5.5.4.1 Cdphp Modernized Infrastructure and Improved Ability to Extract Valuable Medical Data on Aws

5.5.5 Media & Entertainment

5.5.5.1 Gumgum Utilized Aws Data Pipeline to Handle High Data Volume Growth

5.6 Supply Chain Analysis

5.7 Porter’s Five Forces

5.7.1 Threat of New Entrants

5.7.2 Threat of Substitutes

5.7.3 Bargaining Power of Suppliers

5.7.4 Bargaining Power of Buyers

5.7.5 Intensity of Competitive Rivalry

5.8 Pricing Analysis

5.9 Patent Analysis

5.9.1 Methodology

5.9.2 Document Type

5.9.3 Innovation and Patent Applications

5.9.3.1 Top Applicants

5.10 Technology Analysis

5.10.1 Artificial Intelligence

5.10.2 Machine Learning

5.10.3 IoT

5.10.4 Cloud Computing

5.10.5 Big Data

5.11 Key Conferences & Events

5.12 Tariff and Regulatory Landscape

5.13 Key Stakeholders & Buying Criteria

6 Data Pipeline Tools Market, by Component

6.1 Introduction

6.1.1 Component: Market Drivers

6.2 Tools

6.2.1 Greater Need to Access Data from Data Warehouse

6.3 Services

6.3.1 Growing Product Acceptance to Drive Adoption of Data Pipeline Tools

6.3.1.1 Consulting

6.3.1.1.1 Scope to Enable Companies to Lower Risks and Focus on Business

6.3.1.2 Support & Maintenance

6.3.1.2.1 Increase in Demand Due to Shifting Economic Situations

6.3.1.3 Deployment & Integration

6.3.1.3.1 Need to Ensure Minimum Risks Among Companies to Drive Demand

7 Data Pipeline Tools Market, by Organization Size

7.1 Introduction

7.1.1 Organization Size: Market Drivers

7.2 Large Enterprises

7.2.1 Unstructured Data: Major Concern Among Large Enterprises

7.3 Small- & Medium-Sized Enterprises

7.3.1 Rise in Need to Access Data in Real-Time for Better Decisions

8 Data Pipeline Tools Market, by Deployment Mode

8.1 Introduction

8.1.1 Deployment Mode: Market Drivers

8.2 On-Premises

8.2.1 Data Pipeline Connects Databases to Centralized Interface to Ease Business

8.3 Cloud

8.3.1 Flexibility and Scalability to Boost Adoption of Cloud-Based Data Pipeline Tools

9 Data Pipeline Tools Market, by Type

9.1 Introduction

9.1.1 Type: Market Drivers

9.2 Elt Data Pipeline

9.2.1 Usage of Cloud to Drive Shift from Etl to Elt

9.3 Etl Data Pipeline

9.3.1 Centralizing and Standardizing Data to Enable Easy Access to Experts and Decision-Makers

9.4 Streaming Data Pipeline

9.4.1 Real-Time Data More Crucial in Streaming Data Pipeline

9.5 Batch Data Pipeline

9.5.1 Flexibility and Scalability to Boost Adoption of Cloud-Based Data Pipeline Tools Software

9.6 Change Data Capture Pipeline (Cdc)

9.6.1 Change Data Capture Essential to Prevent Loss and Destruction of Data

10 Data Pipeline Tools Market, by Application

10.1 Introduction

10.1.1 Application: Market Drivers

10.2 Real-Time Analytics & Predictive Maintenance

10.2.1 Eliminate Data Pipeline Downtime and Provide Real-Time Data Analysis

10.3 Sales & Marketing Data

10.3.1 Need to Reduce Data Gathering Time from Various Sources and Store Data at Single Location

10.4 Customer 360 & Customer Relationship Management

10.4.1 Need to Analyze Customer Behavior and Reduce Customer Churn

10.5 Customer Experience Management

10.5.1 Unified Customer Views Across Customer Ecosystem to Enhance Customer Experience

10.6 Data Migration

10.6.1 Demand to Simplify Data Migration Process by Creating Batch and Streaming Data Pipeline

10.7 Other Applications

11 Data Pipeline Tools Market, by Vertical

11.1 Introduction

11.1.1 Vertical: Market Drivers

11.2 Banking, Financial Services, and Insurance

11.2.1 Need to Enhance Quality of Services and Make Real-Time Smart Decisions to Drive Growth

11.3 Retail & Ecommerce

11.3.1 Continuous Data Pipeline Flow to Help Analyze Consumer Behavior in Real-Time

11.4 Government & Defense

11.4.1 Effective Transformation of Data Without Losing Packets to Help in Faster Decision-Making

11.5 Healthcare & Life Sciences

11.5.1 Pressure from Insurers and Impact of Physicians to Drive Adoption of Robust Data Pipelines

11.6 It & Ites

11.6.1 Rising Complexity and Fast Innovation to Drive Need for Streamlined Data Pipelines

11.7 Energy & Utilities

11.7.1 Advanced Data Pipeline Tools to Help Build Accountable, Transparent, Fair, and Secure Systems

11.8 Telecommunication

11.8.1 Deployment of Data Pipeline Tools to Reduce Network Anomalies by Maintaining Continuous Data Flow

11.9 Manufacturing

11.9.1 Rise in Use of Robust Data Pipeline Tools to Predict Machine Downtime and Maintenance

11.10 Transportation & Logistics

11.10.1 Growing Need for Seamless Integrated Data Pipeline Across Multi-Model Transportation Network

11.11 Other Verticals

12 Data Pipeline Tools Market, by Region

13 Competitive Landscape

13.1 Overview

13.2 Strategies Adopted by Key Players

13.3 Revenue Analysis

13.4 Market Share Analysis

13.5 Company Evaluation Quadrant

13.5.1 Stars

13.5.2 Emerging Leaders

13.5.3 Pervasive Players

13.5.4 Participants

13.6 Startup/Sme Evaluation Matrix

13.6.1 Progressive Companies

13.6.2 Responsive Companies

13.6.3 Dynamic Companies

13.6.4 Starting Blocks

13.7 Competitive Benchmarking

13.8 Competitive Scenario

13.8.1 Product Launches

13.8.2 Deals

13.8.3 Others

14 Company Profiles

14.1 Key Players

14.1.1 Google

14.1.2 Ibm

14.1.3 Microsoft

14.1.4 Aws

14.1.5 Sap

14.1.6 Oracle

14.1.7 Alteryx

14.1.8 Informatica

14.1.9 Actian

14.1.10 Talend

14.1.11 Denodo Technologies

14.1.12 Snowflake

14.1.13 Software Ag

14.1.14 Hitachi Vantara

14.1.15 Qlik

14.1.16 Tibco

14.1.17 Hevo Data

14.1.18 Adeptia

14.1.19 Snaplogic

14.1.20 K2View

14.1.21 Precisely

14.1.22 Tapclicks

14.1.23 Rivery.Io

14.2 Startup/Sme Players

14.2.1 Gathr

14.2.2 Confluent

14.2.3 Estuary Flow

14.2.4 Blendo

14.2.5 Integrate.Io

14.2.6 Fivetran

15 Adjacent and Related Markets

16 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/vnj8ry-pipeline?w=5

Media Contact:

Research and Markets

Laura Wood, Senior Manager

press@researchandmarkets.com

 

For E.S.T Office Hours Call +1-917-300-0470

For U.S./CAN Toll Free Call +1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

 

U.S. Fax: 646-607-1907

Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

Cision View original content:https://www.prnewswire.com/news-releases/the-worldwide-data-pipeline-tools-industry-is-expected-to-reach-17-6-billion-by-2027-emergence-of-cloud-computing-technologies-drives-growth-301730974.html

SOURCE Research and Markets



Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.

[ad_2]

Back to top button