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North America holds a significant share of the market due to the rapid digitisation of businesses in the region. As countries like the United States and Canada are swiftly adopting the latest technologies, data integration and integrity software are increasingly deployed to store and assess the data, which is driving the market growth. The introduction of various stringent government regulations to ensure data privacy and cybersecurity is also increasing the adoption of data integration and integrity software, hence augmenting the growth of the industry. Moreover, the presence of major companies like IBM Corporation and Oracle Corporation in the region is surging the development of advanced data integration and integrity software. Thus, the growing adoption of such advanced software is expected to provide further impetus to the market growth in the forecast period.
Informatica LLC (NYSE: INFA), one of the leading companies in the market, along with Microsoft, announced a key initiative in April 2021 to boost the use of Informatica Intelligent Data Management Cloud (IDMC). The new initiative is expected to enable the consumers to utilise the software on Microsoft Azure. It would also enable consumers to process data loading and integration by offering its iPaaS service. Through this, the company is further expanding its Azure global footprint in Europe and the Asia Pacific. Moreover, the company collaborated with Microsoft to provide Informatica Cloud Integration Free Service to consumers for rapid digital transformation. The cloud data integration services of the software offer automated, intelligent, and high-performance data integration with advanced data processing capabilities. Such developments are expected to bolster the growth of the market in upcoming years.
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The major players in the global data integration and integrity software market are Oracle Corporation, Informatica LLC, IBM Corporation, SAP SE, Talend Inc., Cisco Systems, Inc., SAS Institute Inc., TIBCO Software Inc. (Information Builders), Microsoft Corporation, and QlikTech International AB (Attunity), among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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