Global Data Virtualization Market Size Hit USD 17.66 Billion at a CAGR of 20.6% in 2030 | Oracle Corporation, Denodo Technologies Inc.
Surging demand for data virtualization along with the need for cost-effective data management solutions in large enterprises is driving the market growth. Market Size – USD 3.34 billion in 2021 Market Growth - CAGR of 20.6%, Market Trends – Increase in demand for Data Virtualization in Banking & Financial Sectors. The Global Data Virtualization Market size is estimated to reach USD 17.66 billion from USD 3.34 billion in 2021, delivering a CAGR of 20.6% through 2030. The market growth is driven by mounting demand for cost-efficient data management solutions from enterprises to manage database generated from organizations on a day-to-day basis. In the modern era, database in enterprises comes in different forms and is stored at different locations as well. The data can be both structured or unstructured, including columns and rows in a traditional database and data in formats such as email, social media content, logs, and others. The Big Data in its different forms is stor