With its focus on accessing data from disparate systems, data fabric is gaining momentum as an alternative to traditional data warehouses and lakes. Companies need rapid access to data for analytics and other critical business activities. A data fabric addresses these needs by connecting multiple tools and applications to enable quick, efficient and secure data delivery. This technology makes the connections to a company’s valuable information – whether it’s structured, unstructured or hybrid data – as seamless and easy as possible for human and machine users.
Market Dynamics:
Businesses are increasingly leveraging data fabric technologies to reduce IT costs, accelerate business processes, and improve customer experience. This in turn is expected to drive growth of the global data fabric market over the forecast period. Moreover, it is a critical component in the implementation of Machine Learning (ML) and Artificial Intelligence (AI), which require massive volumes of scalable data.
However, lack of awareness, and high cost involved in use of data fabric market is expected to hinder growth of the global data fabric market over the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global data fabric market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global data fabric market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Denodo Technologies, Talend, Global IDs., Splunk Inc., Hewlett Packard Enterprise Company, Software AG, IBM Corporation, SAP SE, NetApp, and Oracle Corporation.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global data fabric market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global data fabric market
Detailed Segmentation:
- Global Data Fabric Market, By Deployment
- Global Data Fabric Market, By Type
- Disk-based Data Fabric
- In-memory Data Fabric
- Global Data Fabric Market, By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
- Global Data Fabric Market, By Industry Vertical
- BFSI
- Telecommunications & IT
- Retail
- Healthcare
- Manufacturing
- Government
- Energy & Utilities
- Media & Entertainment
- Others
- Global Data Fabric Market, By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
- Company Profiles:
- Denodo Technologies
- Global IDs.
- Hewlett Packard Enterprise Company
- IBM Corporation
- NetApp
- Oracle Corporation
- SAP SE
- Software AG
- Splunk Inc.
- Talend