Market Research Report

Global Data Fusion Market Report By Business Function (Information Technology (IT), Sales and Marketing, Finance, Operations, Human Resources (HR), By Deployment Model (On-premises, On-demand), By End-User Industry (Banking, Financial Services, and Insurance (BFSI), Telecom and IT, Retail and Consumer Goods, Healthcare and Life Sciences, Manufacturing, Government and Defense, Energy and Utilities, Transportation and Logistics, Media and Entertainment, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11214767
April 2021
Report Formats: Report Formats

Global Data Fusion Market Overview
The key driver impacting the data fusion market is the rising adoption of the industrial internet of things (IIoT). For instance, As per the World Federation of Engineering Organizations (WFEO) 2017 report, there is a considerable rise observed in the deployment of industrial IoT base during the period 2014 to 2020. It is expected to increase to 7,288 million in 2020, which is 1530 million units in 2014. The IoT revenue is also estimated to increase by approximately 21% 1,476 USD billion in 2020, from 681 USD billion in 2014. The Federation of American Scientists (FAS) report shows that the global IoT is anticipated to rise by 37% from 2017 and estimated to reach $1,567B by 2025. The number of active IoT devices is anticipated to grow from 9.9 billion in 2019 to 21.5 billion in 2025. High adoption for IoT technology across industries is expected to speed up the need for data transmission and data analysis, thus adding growth to the data fusion market. Moreover, the growing need to create insights from unused data and technological advancements such as connected things and data analytics have facilitated disparate integration, contributes to the data fusion market's growth in the coming years. 

According to Value Market Research, the global data fusion market size was valued at around USD 11150 million in 2020 and is estimated to grow at a CAGR of about 15% during the forecast period 2021 to 2027.


The increase in transition from data warehouses to advanced techniques, owing to the high adoption of data-driven decision-making approaches, is estimated to augment data fusion needs in the forecast period. The data-driven decision offers various benefits, which leads to increased adoption of this type of approach. Advantages such as it lead to greater transparency and accountability, ties business decisions to analytics insights, more employee satisfaction, enhances efficiency, productivity, and consistency gives clear feedback for market research, and leads to continuous improvement across all departments of an organization. However, high investment costs may hamper the market in the long run. Also, the dearth of highly skilled professionals and unreliable structure of regulation policies negatively impacts the market. The current industry trends, such as the technological advancements in data fusion, and the surge in adoption of data fusion tools and services among SMEs, are likely to provide market players with new market opportunities.

The data fusion market is vast, with many local and global players. The data fusion market is extensive, with many international and regional players. The important market leaders follow numerous strategies to improve their market position, such as acquisitions, extending product portfolio, contracts, product upgrades, amalgamation, contracts, and acquisitions, to enhance their market position globally. The key players studied in the report are AGT International, Thomson Reuters, ESRI, Palantir Technologies, RELX Group, TDK Corporation, Cogint, Inc., Merrick and Company, INRIX, Clarivate Analytics, Invensense, LexisNexis, Clarivate Analytics, Signafire, and Konux.

Global Data Fusion Market Share

 

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In this research report, the data fusion market is segmented by business function, deployment model, end-user industry, and region.

Analysis by Business Function:

By business function, the report is categorized into Information Technology (IT), Sales and Marketing, Finance, Operations, and Human Resources (HR). Finance functions dominate the business function segment with over 30% share in 2020. It is due to the rising need to resolve finance process-related issues in real-time and effective management of company financial information as it offers a combined view of fraud across the different sectors of business, thus helps in mitigating financial risk. Moreover, the data fusion helps in converting raw consumer data into information that is useful in strategic business decision-making for improved financial performance contributing to the growth of the finance segment in the forecast period.

Analysis by Deployment Model:

By deployment model, the report is categorized in on-premises and on-demand. On-demand or cloud-based data fusion tools dominate the deployment model segment with over 45% share in 2020. It is due to the rising demand for on-demand or cloud-based data fusion tools owing to their cost-effective and time-efficient features. Moreover, a growing number of small and medium enterprises globally contribute to the demand for on-demand or cloud-based data fusion tools in the coming years.  It is because small and medium-sized Enterprises (SMEs) majorly looks for low-cost solutions.

Analysis by End-User Industry:

By end user industry, the report is categorized into banking & finance, telecom and IT, retail and consumer goods, healthcare and life sciences, manufacturing, government and defense, energy and utilities, transportation and logistics, and media and entertainment. The banking & Finance industry dominates the end user industry segment with over 20% share in 2020.  The rising need of people to make simpler their workload connected to security and growth in dependence on data generated from varied IT systems utilized for financial transactions. Moreover, data fusion tools and solutions help identify and manage financial risks efficiently and enhance cybersecurity, contributing to the increased market demand from the banking and finance sector in the forecast period.

Analysis by Region:

In the regional outlook of the global Data fusion market, the North America region dominates globally with a 30% market share in the forecast period. It is due to the presence of developed economies like the U.S. Canada, and organizations in this region are early adopters of advanced solutions due to rising technological advancements. Moreover, the presence of key players, an increasing number of SMEs, and massive IoT adoption contribute to market growth across North America.

Market Segmentation covered in the Report:
By Business Function

  • Information Technology (IT)
  • Sales and Marketing
  • Finance
  • Operations
  • Human Resources (HR)

 
By Deployment Model

  • On-premises
  • On-demand

 
By End-User Industry

  • Banking, Financial Services, and Insurance (BFSI)
  • Telecom and IT
  • Retail and Consumer Goods
  • Healthcare and Life Sciences
  • Manufacturing
  • Government and Defense
  • Energy and Utilities
  • Transportation and Logistics
  • Media and Entertainment
  • Others

 
By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

 
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . DATA FUSION – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Business Function
           3.7.2 By Deployment Model
           3.7.3 By End-User Industry
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL DATA FUSION MARKET ANALYSIS BY BUSINESS FUNCTION
       6.1 Overview by Business Function
       6.2 Historical and Forecast Data
       6.3 Analysis by Business Function
       6.4 Information Technology (IT) Market by Regions
       6.5 Sales and Marketing Market by Regions
       6.6 Finance Market by Regions
       6.7 Operations Market by Regions
       6.8 Human Resources (HR) Market by Regions
 
7 . GLOBAL DATA FUSION MARKET ANALYSIS BY DEPLOYMENT MODEL
       7.1 Overview by Deployment Model
       7.2 Historical and Forecast Data
       7.3 Analysis by Deployment Model
       7.4 On-premises Market by Regions
       7.5 On-demand Market by Regions
 
8 . GLOBAL DATA FUSION MARKET ANALYSIS BY END-USER INDUSTRY
       8.1 Overview by End-User Industry
       8.2 Historical and Forecast Data
       8.3 Analysis by End-User Industry
       8.4 Banking, Financial Services, and Insurance (BFSI) Market by Regions
       8.5 Telecom and IT Market by Regions
       8.6 Retail and Consumer Goods Market by Regions
       8.7 Healthcare and Life Sciences Market by Regions
       8.8 Manufacturing Market by Regions
       8.9 Government and Defense Market by Regions
       8.10. Energy and Utilities Market by Regions
       8.11 Transportation and Logistics Market by Regions
       8.12 Media and Entertainment Market by Regions
       8.13 Others Market by Regions
 
9 . GLOBAL DATA FUSION MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE DATA FUSION COMPANIES
       10.1. Data Fusion Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF DATA FUSION INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. AGT International
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Thomson Reuters
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. ESRI
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. Palantir Technologies
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. RELX Group
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. TDK Corporation
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Cogint, Inc.
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Merrick and Company
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. INRIX
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Clarivate Analytics
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Invensense
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. LexisNexis
           11.14.1. Company Overview
           11.14.2. Financials
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. Clarivate Analytics
           11.15.1. Company Overview
           11.15.2. Financials
           11.15.3. Products
           11.15.4. Recent Developments
       11.16. Signafire
           11.16.1. Company Overview
           11.16.2. Financials
           11.16.3. Products
           11.16.4. Recent Developments
       11.17. Konux
           11.17.1. Company Overview
           11.17.2. Financials
           11.17.3. Products
           11.17.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Business Function (USD MN)
  • Information Technology (IT) Market by Geography (USD MN)
  • Sales and Marketing Market by Geography (USD MN)
  • Finance Market by Geography (USD MN)
  • Operations Market by Geography (USD MN)
  • Human Resources (HR) Market by Geography (USD MN)
  • Analysis Market by Deployment Model (USD MN)
  • On-premises Market by Geography (USD MN)
  • On-demand Market by Geography (USD MN)
  • Analysis by End-User Industry (USD MN)
  • Banking, Financial Services, and Insurance (BFSI) Market by Geography (USD MN)
  • Telecom and IT Market by Geography (USD MN)
  • Retail and Consumer Goods Market by Geography (USD MN)
  • Healthcare and Life Sciences Market by Geography (USD MN)
  • Manufacturing Market by Geography (USD MN)
  • Government and Defense Market by Geography (USD MN)
  • Energy and Utilities Market by Geography (USD MN)
  • Transportation and Logistics Market by Geography (USD MN)
  • Media and Entertainment Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Data Fusion Market by Geography (USD MN)
  • North America Market Analysis (USD MN)
  • United State Market Analysis (USD MN)
  • Canada Market Analysis (USD MN)
  • Mexico Market Analysis (USD MN)
  • Europe Market Analysis (USD MN)
  • Europe Market Estimate by Country (USD MN)
  • United Kingdom Market Analysis (USD MN)
  • France Market Analysis (USD MN)
  • Germany Market Analysis (USD MN)
  • Italy Market Analysis (USD MN)
  • Russia Market Analysis (USD MN)
  • Spain Market Analysis (USD MN)
  • Rest of Europe Market Analysis (USD MN)
  • Asia Pacific Market Analysis (USD MN)
  • China Market Analysis (USD MN)
  • Japan Market Analysis (USD MN)
  • India Market Analysis (USD MN)
  • South Korea Market Analysis (USD MN)
  • Australia Market Analysis (USD MN)
  • Rest of Asia Pacific Market Analysis (USD MN)
  • Latin America Market Analysis (USD MN)
  • Brazil Market Analysis (USD MN)
  • Argentina Market Analysis (USD MN)
  • Peru Market Analysis (USD MN)
  • Chile Market Analysis (USD MN)
  • Rest of Latin America Market Analysis (USD MN)
  • Middle East & Africa Market Analysis (USD MN)
  • Saudi Arabia Market Analysis (USD MN)
  • UAE Market Analysis (USD MN)
  • Israel Market Analysis (USD MN)
  • South Africa Market Analysis (USD MN)
  • Rest of Middle East and Africa Market Analysis (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton

 
 LIST OF FIGURES
 

  • Research Scope of Data Fusion Report
  • Market Research Process
  • Market Research Methodology
  • Global Data Fusion Market Size, by Region (USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Business Function
  • Market Attractiveness Analysis by Deployment Model
  • Market Attractiveness Analysis by End-User Industry
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Business Function (USD MN)
  • Information Technology (IT) Market by Geography (USD MN)
  • Sales and Marketing Market by Geography (USD MN)
  • Finance Market by Geography (USD MN)
  • Operations Market by Geography (USD MN)
  • Human Resources (HR) Market by Geography (USD MN)
  • Global Market Analysis by Deployment Model (USD MN)
  • On-premises Market by Geography (USD MN)
  • On-demand Market by Geography (USD MN)
  • Global Market Analysis by End-User Industry (USD MN)
  • Banking, Financial Services, and Insurance (BFSI) Market by Geography (USD MN)
  • Telecom and IT Market by Geography (USD MN)
  • Retail and Consumer Goods Market by Geography (USD MN)
  • Healthcare and Life Sciences Market by Geography (USD MN)
  • Manufacturing Market by Geography (USD MN)
  • Government and Defense Market by Geography (USD MN)
  • Energy and Utilities Market by Geography (USD MN)
  • Transportation and Logistics Market by Geography (USD MN)
  • Media and Entertainment Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis

 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
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  • Analyze competitive developments

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