Data Pipeline Tools Market Size, Share & Trends Analysis Report By Component, By Type, By Deployment, By Enterprise Size, By Application, By End-user By Region, And Segment Forecasts, 2022 - 2030

Report Overview

The global data pipeline tools market size was valued at USD 7.1 billion in 2021 and is estimated to expand at a CAGR of 24.5% from 2022 to 2030. Factors such as the increasing adoption of artificial intelligence & internet of things, rising investments in advanced technologies, and the need for reduced data latency are driving the demand for data pipeline tools. Published in September 2022, the State of IoT Spring 2022 report stated that, with more than 12.2 billion active endpoints, the IoT connections have grown by 8.0% globally since last year.

The COVID-19 outbreak had a positive impact on the data pipeline tools market. The majority of the people started to adopt the work-from-home culture, which generated large volumes of structured, semi-structured, and unstructured data in the form of video, audio, emails, and several others on online platforms. Furthermore, various data pipeline providers such as Talend, Hevo Data Inc., and several others provided COVID-19 datasets to users. For instance, in collaboration with Byte code, Talend developed an ETL COVID-19 datasets tool. The tool was specifically developed to help healthcare researchers.

Component Insights

Based on components, the market is categorized into tools and services. The tools segment dominated the market with a share of 78.3% in 2021. The growth in the use of data pipeline tools will be driven by the rise in big data, as it consists of large volumes of structured, unstructured, large, and complex data sources, which are required to be transferred to data repositories.

Furthermore, the services segment is estimated to register a higher CAGR of 25.8% during the forecast period. The services segment is likely to witness the highest growth, as the software and applications provided by the companies require time-to-time updates and maintenance.

Type Insights

In terms of type, the market is divided into ELT, ETL, real-time, and batch data pipelines.ETLdatapipelinesegment dominated the market with a revenue share of 39.5% in 2021. The increasing volumes of unstructured streaming data are driving the growth of data pipeline tools; moreover, streaming data from the sensors is likely to grow in the upcoming years owing to the augmentation in the adoption of the Internet of Things (IoT).

Furthermore, the real-time data pipeline segment registered the highest CAGR of more than 25.6% in the forecast period. This is owing to the initiatives taken by the various firms and governments for promoting Industry 4.0, which involves integration and adoption of nanotechnology, the Internet of Things (IoT), machine learning, artificial intelligence, and other cutting-edge technologies.

Deployment Insights

In terms of deployment, the market is divided into on-premise and cloud-based. The cloud-based segment dominated the market with a revenue share of 70.5% in 2021 and registered the highest CAGR of 24.9% during the forecast period. According to the O'Reilly Cloud Adoption survey 2021, 90.0% of the firms were already utilizing cloud computing as a part of their business processes.

The on-premise segment held a significant market share of 29.5% in 2021. Large enterprises generally opt for on-premise solutions due to their concerns over data security, fueling the market growth in this segment.

Enterprise Size Insights

Based on the enterprise size segment, the market is divided into small and medium-sized enterprises (SMEs) and large-size enterprises. The large enterprise segment dominated the market with a revenue share of 72.2% in 2021. This is attributed to the growing demand for data pipeline solutions from large enterprises owing to the increased business competition across various industries in the global markets.

Furthermore, the small and medium enterprise segment is projected to grow at the highest CAGR of 25.4% during the forecast period. An increase in the need to achieve efficiency in business processes is expected to fuel the market demand in this segment.

Application Insights

Based on the application, the market is segmented into real-time analytics, predictive maintenance, sales and marketing data, customer relationship management, data traffic management, data migration, and others. The real-time analytics segment dominated the market with a revenue share of 22.4% in 2021. The increasing need for real-time data streamlining and management tools, especially in weather forecast, share market, energy & utilities, logistics & transportation industries is fueling the demand for data pipeline tools.

Furthermore, the data migration segment is projected to register the highest CAGR of 26.6% during the forecast period. The emergence of 5G connectivity, the rise in the number of IoT-connected devices, and Industry 4.0 are anticipated to boost the market growth in the near future.

End-user Insights

Based on the end-user, the market is segmented into BFSI, retail &E-commerce, IT &telecommunication, healthcare, transportation & logistics, manufacturing, and others. The IT & telecommunication segment dominated the market with a revenue share of 45.9% in 2021. Increased deployment of 5G networks is driving demand for data pipeline systems in the industry as 5G network constantly requires performance monitoring of the network.

Furthermore, the healthcare segment is estimated to register the highest CAGR of 27.5% during the forecast period. The increase in the amount of healthcare IT devices, the adoption of AI in healthcare, and the increasing requirement for processed data are the factors fueling market growth in the industry.

Regional Insights

North America dominated the market with a share of 34.5%in 2021. One of the reasons for North America being a leading market is its large investments in AI and other advanced technologies. Moreover, this would increase the usage of data pipeline tools as the transformed data from pipelines are used for performing AI algorithms. For instance, according to the Artificial Intelligence Index Report published in 2022, the amount of newly funded AI companies in the U.S. is two times higher than in China.

Furthermore, the market in the Asia Pacific region is expected to register the highest CAGR of 25.7% during the forecast period. The Asia Pacific is expected to witness the highest growth in the upcoming years owing to the various initiatives taken by a range of industries to reduce latency in this region. For instance, in November 2022, Nokia in collaboration with Australia-based telecommunication company, Optus, announced to launch ultra-low-latency and high-speed network between Melbourne and Sydney.

Key Companies & Market Share Insights

The data pipeline tools market is fragmented in nature as it features numerous regional and global companies. The market players are adopting strategies such as collaborations, product launches, and partnerships to gain a competitive advantage. Moreover, companies are investing in research &development (R&D) to incorporate new technologies in their offerings and develop advanced solutions.

In June 2022, Snap Logic announced the launch of the Snap Logic Accelerator for Amazon Health Lake. It will enable healthcare companies to gain healthcare-related insights. Moreover, it is expected to help healthcare organizations in automating processes and improve the overall healthcare experience.
Some of the prominent players in the global data pipeline tools market include:

• Google LLC

• IBM

• Microsoft Corporation

• Software AG

• Actian Corporation

• Oracle

• Amazon Web Services, Inc.

• Hevo Data Inc.

• K2VIEW

• Snap Logic Inc.

Data Pipeline Tools Market Report Scope

Global Data Pipeline Tools Market Segmentation

This report forecasts revenue growth at global, regional, and country levels in addition to providing an analysis of the latest industry trends and opportunities in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global data pipeline tools market report based on component, type, deployment, enterprise size, application, end-user, and region:

• Component Outlook (Revenue, USD Million, 2017 - 2030)

  • Tools

  • Services

• Type Outlook (Revenue, USD Million, 2017 - 2030)

  • ETL Data Pipeline

  • ELT Data Pipeline

  • Real-time Data Pipeline

  • Batch Data Pipeline

• Deployment Outlook (Revenue, USD Million, 2017 - 2030)

  • On-premise

  • Cloud-Based

• Enterprise Size Outlook (Revenue, USD Million, 2017 - 2030)

  • Large Enterprises

  • Small And Medium Enterprises

• Application Outlook (Revenue, USD Million, 2017 - 2030)

  • Real-Time Analytics

  • Predictive Maintenance

  • Sales And Marketing Data

  • Customer Relationship Management

  • Data Traffic Management

  • Data Migration

  • Others

• End-user Outlook (Revenue, USD Million, 2017 - 2030)

  • BFSI

  • Retail & E-commerce

  • IT & Telecom

  • Healthcare

  • Transportation And Logistics

  • Manufacturing

  • Others

• Regional Outlook (Revenue, USD Million, 2017 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Netherlands

  • Asia Pacific

    • China

    • India

    • Japan

    • Australia

    • South Korea

  • Latin America

    • Brazil

    • Mexico

    • Argentina

    • Chile

  • Middle East & Africa

    • United Arab Emirates (UAE)

    • Saudi Arabia

    • South Africa