Data Fabric Market: The Growing Trend 2029

Posted on Mar 17 2023 6:11 AM

"Data Fabric Market Report provides competitive research on market size, shares, gross margin, and revenue. The company profiles of all the key players and brands that are dominating the market have been given in this report."

The  Data Fabric Market Report provide comprehensive coverage of both global and regional markets. The report offers data on key participants, such as manufacturers, suppliers, distributors, traders, customers, investors, and others. Additionally, it includes information on important types, applications, and other factors such as capacity, production, market share, price, revenue, cost, gross, gross margin, growth rate, consumption, import, export, and more. The market research paper also examines the industry chain, manufacturing method, cost structure, and marketing channel

In 2021, the global data fabric market was estimated to be worth USD 1.43 billion. The market is expected to grow at a CAGR of 22.3% during the forecast period, from USD 1.71 billion in 2022 to USD 6.97 billion in 2029.

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The Data Fabric Market is driven by various factors, including:

  • Increasing volume and variety of data: The growth of data-driven applications and the proliferation of connected devices are leading to an explosion in the volume and variety of data. This is driving the need for data management solutions that can integrate and manage data from multiple sources.
  • Growing demand for real-time data analysis: With the increasing volume and variety of data, there is a growing need for real-time data analysis. Data fabric solutions that can provide real-time access to data from multiple sources are becoming increasingly popular.
  • Advancements in cloud computing: Cloud computing is playing a key role in driving the growth of the data fabric market. Cloud-based data fabric solutions offer scalability, flexibility, and cost-effectiveness, making them an attractive option for organizations of all sizes.
  • Increasing adoption of IoT devices: The growing adoption of IoT devices is generating vast amounts of data that need to be managed and analyzed. Data fabric solutions that can integrate and analyze data from IoT devices are becoming increasingly important.
  • Rising demand for data security and privacy: With the increasing volume and variety of data, there is also a growing concern over data security and privacy. Data fabric solutions that can provide secure and compliant access to data are becoming increasingly important.
  • Government regulations: Governments around the world are implementing regulations to protect consumer data and ensure data privacy. Data fabric solutions that comply with these regulations are becoming increasingly important for organizations operating in regulated industries.
  • Advancements in artificial intelligence and machine learning: Advancements in AI and machine learning are driving the development of more advanced data fabric solutions. These solutions can help organizations better manage and analyze data, and provide more detailed insights and recommendations.

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Drivers & Restraints-

According to industry experts, the data fabric market will grow due to the increasing adoption of online platforms.

According to a 2018 study on Data and Analytics Adoption Trends, organisations planned to automate 49% of their data integration and 37% of their data preparation tools by 2020.

Market leaders are investing in advanced technologies to improve their data management strategies. IBM Corporation, for example, recently released IBM Cloud Pak for Data 4.0, which leverages AI lifecycle and data to provide intelligent data management tools with automation.

However, challenges such as a lack of control over data and limited visibility in storing data on the cloud may stymie industry growth.

Segmention:

The segmentation chapter allows readers to understand aspects of the Data Fabric Market

such as products/service types, available technologies, and applications. The research report also provides insightful information on new trends that are likely to define the progress of these segments over the next few years. The assessment of the Data Fabric Market factors gives a brief overview of the impact on the demand over the forecast period. In the Study, you will find new evolving Trends, Drivers, Restraints, and Opportunities generated by targeting market-associated stakeholders. The growth of the Data Fabric Market was mainly driven by increasing R&D spending across the world.

By Deployment

  • Cloud
  • On-premises

By Type

  • Disk-based Data Fabric
  • In-memory Data Fabric

By Enterprise Size

  • SMEs
  • Large Enterprise

By Region

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Sweden, Spain, and the Rest of Europe)
  • Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and the Rest of the Middle East & Africa)
  • Latin America (Brazil, Mexico, Argentina and the Rest of Latin America)

Key Players Data Fabric Market :

  • IBM Corporation (U.S.)
  • Oracle Corporation (U.S.)
  • Hewlett Packard Enterprise Company (U.S.)
  • SAP SE (Germany)
  • NetApp, Inc. (U.S.)
  • TIBCO Software Inc. (U.S.)
  • Talend Inc. (U.S.)
  • Informatica LLC (U.S.)
  • Denodo Technologies Inc. (U.S.)
  • Neo4j, Inc. (U.S.)

 Competitive Landscape:

Stakeholders Emphasize Collaboration to Gain Competitive Edge

Prominent companies are slated to focus on mergers & acquisitions, product launches, technological advancements and research & development activities. Industry players could foster penetration to bolster their geographical expansion and product offerings.

Regional Analysis:

With rising demand for fraud detection and security management, stakeholders anticipate that the United States and Canada will offer lucrative growth opportunities. The demand for business process management services could significantly boost North America's data fabric market share. Furthermore, the increasing penetration of advanced technologies will be beneficial to regional growth.

With a growing trend for information and communication technologies, electronic devices, and networks, Europe's market forecast will be strong. Digitizations will be noticeable in the United Kingdom, France, Germany, and Russia. Over the next few years, large enterprises and SMEs will continue to show interest in data fabric solutions.

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Data Fabric Market Overview:

The global data fabric market is a rapidly expanding industry that offers advanced data management solutions to integrate and manage data from multiple sources. The market is driven by several key factors, including the increasing volume and variety of data, the growing demand for real-time data analysis, and advancements in cloud computing. Additionally, the rising adoption of IoT devices and advancements in artificial intelligence and machine learning are driving the development of more advanced data fabric solutions. With the increasing concern over data security and privacy, data fabric solutions that can provide secure and compliant access to data are becoming increasingly important. The market is highly competitive, with many companies offering a range of data fabric solutions, including cloud-based and on-premises solutions. However, the market is expected to continue growing in the coming years, driven by the ongoing explosion of data and the increasing demand for efficient and effective data management solutions.

Reasons to Buy this Report:

Gain comprehensive insights on the industry trends

Identify industry opportunities and key growth segments

Obtain a complete market study on the Data Fabric Market

Key Points from TOC:

 Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

  1. Executive Summary
  2. Market Dynamics

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

  1. Key Insights

4.1 Global Statistics — Key Countries

4.2 New Product Launches

4.3 Pipeline Analysis

4.4 Regulatory Scenario — Key Countries

4.5 Recent Industry Developments — Partnerships, Mergers and Acquisitions

  1. Global Data Fabric Market Analysis, Insights and Forecast

5.1. Key Findings/ Summary

5.2. Market Analysis — By Product Type

5.3. Market Analysis — By Distribution Channel

5.4. Market Analysis — By Countries/Sub-regions

  1. Competitive Analysis

11.1. Key Industry Developments

11.2. Global Market Share Analysis

11.3. Competition Dashboard

11.4. Comparative Analysis — Major Players

  1. Company Profiles

12.1 Overview

12.2 Products and Services

12.3 SWOT Analysis

12.4 Recent developments

12.5 Major Investments

12.6 Regional Market Size and Demand

  1. Strategic Recommendations

TOC Continued…!

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