According to Technavio, the Data Integration Market is expected to expand by USD 10.94 billion between 2023 and 2028, with a compound annual growth rate (CAGR) of 12.88%. This growth is being driven by the increasing need for efficient data management solutions across industries, particularly within retail and large enterprises. These sectors are keen to leverage data integration to improve customer engagement and operational efficiencies. The rise of cloud computing is a defining trend, as companies look for scalable and cost-effective data integration solutions. Despite this, challenges persist, particularly in the form of poorly defined integration strategies that limit the effective use of data. By addressing these challenges, businesses can unlock the full potential of their data, driving better business outcomes and maintaining a competitive edge.
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