The global data fabric market size reached USD 1.14 Billion in 2020 and is expected to register a revenue CAGR of 27.2%, during the forecast period, according to latest analysis by Emergen Research. Rising volumes and variation of organizational data and increasing adoption of cloud services are some key factors driving global data fabric market revenue growth. Rapid developments in in-memory computing are factors also expected to boost revenue growth of the market to a significant extent. In-memory computing enables super-fast speed and the scaling of unlimited volumes of data, while also simplifying accessibility to an increasing number of data sources. As stored data is accessed considerably quickly while it is stored in Random-Access Memory (RAM) and flash memory, in-memory processing enables data to be evaluated in real-time, allowing for speedier business reporting and decision-making. Rapid developments in in-memory computing is expected to drive demand for in-memory data fabric in the near future.
The study on the Global data fabric Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The data fabric market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the data fabric industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall data fabric industry.
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Some Key Highlights from the Report
- Service segment revenue is expected to expand at a significantly steady CAGR during the forecast period owing to rising need for integration, consultancy, support, and maintenance services to ease implementation and operation of data fabric solutions.
- Small and medium-sized enterprise segment is expected to register a significantly robust revenue growth rate over the forecast period owing to increasing adoption of data fabric solutions and services among small and medium-sized enterprises globally.
- On-cloud segment is expected to register a steady revenue growth rate. Rising adoption of cloud services among end-users is a key factor expected to continue to fuel revenue growth of this segment.
- North America market is expected to register considerably fast revenue CAGR than other regional markets due to robust presence of domestic and international companies offering data fabric solutions and services including Informatica, Inc., Global Ids, Inc., International Business Machines Corporation, NetApp, Inc., Oracle Corporation, and Splunk, Inc. among others in countries in the region.
The subject matter experts conducting the study offer a deep understanding of how prominent leaders have managed to navigate the potential buyers and competitive dynamics influencing their brand positioning in the industry The Data Fabric market analysis provides everything a business owner needs in order to succeed.
Major Players/Manufacturers profiled in the report are:
SAP SE, Informatica, Inc., Global Ids, Inc., International Business Machines Corporation, NetApp, Inc., Oracle Corporation, Splunk, Inc., Teradata Corporation, Idera, Inc., and TIBCO Software, Inc.
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For better understanding, the report further divides the market into key segments such as product types and application spectrum. The report also offers estimates about the segment and sub-segment expected to grow at a rapid pace and the key factors expected to drive revenue growth of the segments during the forecast timeline of 2021-2028.
Emergen Research has segmented the global data fabric market on the basis of component, type, deployment, organization size, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
- Solution
- Services
- Professional Services
- Managed Services
Type Outlook (Revenue, USD Billion; 2018–2028)
- In-Memory data fabric
- Disk-based data fabric
Deployment Outlook (Revenue, USD Billion; 2018–2028)
- On-premises
- On-cloud
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
- Small and Medium-sized Enterprises
- Large Enterprises
Application Outlook (Revenue, USD Billion; 2018–2028)
- Customer Experience Management
- Fraud Detection and Security Management
- Sales and Marketing Management
- Risk and Compliance Management
- Business Process Management
- Asset Management
- Supply Chain Management
- Workforce Management
End-Use Outlook (Revenue, USD Billion; 2018–2028)
- IT & Telecom
- Manufacturing
- BFSI
- Government
- Healthcare
- Transportation & Logistics
- Media & Entertainment
- Retail & e-Commerce
- Energy & Utilities
- Education
- Travel & Hospitality
- Others
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The report offers insightful information about the market dynamics of the Data Fabric market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Data Fabric market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Data Fabric market.
Key Benefits of the Report:
- Comprehensive analysis of the competitive scenario and its changing dynamics
- Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
- In-depth 8 year analysis of the Global Data Fabric Market
- Critical assessment of the key market segments
- Comprehensive analysis of the drivers, restraints, trends, and opportunities
- Detailed regional analysis and extensive company profiling
- Extensive assessment of current and emerging trends of the market
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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
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