Data Fabric Market was valued at US$ 1.48 Bn. in 2022. The Global Data Fabric Market size is estimated to grow at a CAGR of 24.9% over the forecast period.
Data Fabric Market Overview:
The purpose of this study is to provide an in-depth analysis of the Data Fabric Market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Data Fabric industry. The study also provides a thorough examination of the market’s value chain.
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Data Fabric Market Scope:
The research method used to assess and forecast the Data Fabric market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Data Fabric market.
Data Fabric Market Drivers:
Private and public investments have surged up to millions of dollars in big data analytics applications. The rapid growth in data volume and complexity due to the use of mobile data and cloud computing and the use of more advanced technologies, including artificial intelligence (AI) and the internet of things (IoT), drive the need for big data analytics technologies. This technology has a great deal of potential to transform the way businesses operate. Large structured and unstructured data sets can be effectively analyzed by using big data platforms. The banking and finance industry is one of the leading industries that invest heavily in big data and analytics. North America and Europe are two of the most active markets for these technologies. These regions are also implementing several programs to implement big data in numerous industries.
One of the major drivers of the data fabric market is big data analytics technology, which helps gain actionable insights from structured and unstructured data, including web and social media data. Big data analysis provides businesses with crucial insight for improving customer retention, new market discovery, enhancing customer service, retaining employees, and increasing customer loyalty. Consequently, growing consumer demand for real-time analytics contributes to the growth of the data fabric market.
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Data Fabric Market Segmentation:
by Component
Software
Services
by Deployment
On-premises
0n-cloud
by Organization Size
Large
SME
by Application
Customer Experience Management
Fraud Detection Management
Business Process Management
Asset Management
Others
by End-user
IT & Telecom
Manufacturing
BFSI
Healthcare
Others
by Type
In-Memory Data Fabric
Disk-based Data Fabric
Data Fabric Market Key Players: The key players are
1. Denodo Technologies
2. Global IDs
3. IBM Corporation
4. Informatica
5. NetApp
6. Oracle Corporation
7. SAP SE
8. Software AG
9. Splunk
10. Talend
11. Dell Technologies
12. HP Enterprise
13. Teradata Corporation
14. TIBCO Software
15. Precisely
16. Idera
17. Nexla
18. Stardog
19. Gluent
20. Starburst Data
21. Other Key Players
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Data Fabric Market Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
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COVID-19 Impact Analysis on Data Fabric Market: The report also includes the detailed impact of COVID-19 on the Data Fabric market.
Key Questions Answered in the Data Fabric Market Report are:
- Which segment had the largest share in the Data Fabric market?
- How is the competitive scenario of the Data Fabric market in 2020?
- Which are the key drivers impacting the Data Fabric market growth?
- Which region holds the maximum share in the Data Fabric market?
- What will be the CAGR of the Data Fabric market during the forecast period (2021-2027)?
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