The newly published research report titled Data Fabric Market provides an in-depth comprehension of the rapidly growing market, shedding light on the most critical insights, findings, and recommendations. It assesses all the key market aspects, including market size, share, trends, and recent developments. Also, an analysis of the major Data Fabric market growth drivers, restraints, challenges, and emerging opportunities has been provided. In addition, the report includes a brief market forecast for the upcoming years, along with key recommendations for industry participants.
The research report uses both primary and secondary data sources such as interviews, focus groups, published industry reports, and publicly available information to collect data. Also, a mix of both qualitative and quantitative techniques has been used to process and analyze the data. By going through the research report, stakeholders can devise effective operating strategies to gain a competitive edge.
Market Stats
According to the research report, the global data fabric market was valued at USD 1.12 billion in 2021 and is expected to reach USD 8.10 billion by 2030, to grow at a CAGR of 26.4% during the forecast period.
Market Dynamics
This report section examines the key shifts occurring within the market and identifies future growth areas. It sheds light on emerging trends, such as increased consumer demand for personalized experiences, a shift towards eco-friendly practices, or the growing adoption of AI and other technologies in business processes. By going through these trends, stakeholders can examine where the market is headed and what factors will define its future growth trajectory.
In addition, technological advancements, such as the development of AI tools, driving transformation within the Data Fabric market have been assessed in the research report. An assessment of the implementation of favorable regulations and policies, along with major market opportunities, can be found in this comprehensive research report.
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Competitive Landscape
This section of the research report offers an in-depth analysis of all the major market players, covering their operating strategies and competitive dynamics. An assessment of emerging companies gaining traction in the market has been covered in the report. The company profiles for significant players have been provided, covering aspects like product offerings, financial performance, recent innovations, and Data Fabric market operating strategies. Competitive strategies of major players, including product innovations, mergers and acquisitions, and partnerships, have been outlined. In addition, SWOT analysis and Porter’s Five Forces analysis for key competitors can be found in the study.
A few of the key market players are:
- CluedIn Inc.
- Cinchy Solution Inc.
- Dell Technologies Corp., Denodo Technologies
- HP Enterprise
- Hewlett Packard Enterprise Company
- HEXstream, IBM Corporation
- Informatica Corporation
- Idera Incorporation
- NetApp
- Nexla, Oracle Corporation
- TIBCO Software
- Teradata Corporation VMware Inc
Growth Drivers
The data fabric market is witnessing exponential growth due to the increasing need for real-time data integration, management, and analytics across diverse environments. As organizations shift toward hybrid and multi-cloud architectures, the demand for data fabric solutions that seamlessly unify data from multiple sources and formats is rising. The growing adoption of artificial intelligence (AI) and machine learning (ML) technologies is further fueling the need for data fabric platforms that enhance data accessibility, governance, and security. Additionally, the rising emphasis on data-driven decision-making, coupled with the growing complexity of data ecosystems, is driving enterprises to implement data fabric solutions to improve operational efficiency and agility.
Regional Overview
North America leads the data fabric market, driven by the widespread adoption of cloud technologies, big data analytics, and AI solutions across industries. The United States, in particular, is witnessing strong growth due to increasing investments in digital transformation and the presence of key market players. Europe follows closely, with countries such as Germany, the UK, and France embracing data fabric solutions to comply with stringent data privacy regulations and improve business intelligence. The Asia-Pacific region is expected to witness the fastest growth, fueled by rapid digitalization, increasing cloud adoption, and the growing need for real-time data insights in countries like China, India, and Japan. Latin America and the Middle East & Africa regions are also adopting data fabric solutions gradually, driven by the need to enhance data management capabilities and support business growth.
Recent Developments
Teradata Upgrades Teradata QueryGrid
In July 2021, Teradata announced an upgrade to Teradata QueryGrid, introducing new cloud-native features that expanded Vantage’s hybrid multi-cloud capabilities. The upgrade allows Teradata clients to access data and perform analytics across heterogeneous devices and public cloud providers, enhancing flexibility and performance.
SAP Releases New Version of SAP Data Intelligence
In December 2021, SAP launched an updated version of SAP Data Intelligence, introducing enhanced features in deployment and delivery, metadata and governance, pipeline modeling, connectivity and integration, and intelligent processing. The updated platform is now also available in an on-premises edition.
NetApp Launches ONTAP Data Management Software
In October 2021, NetApp Inc. introduced ONTAP, a hybrid multi-cloud data management software. Designed to deliver high-performance storage, ONTAP also facilitates seamless integration with public cloud platforms, providing users with a versatile data management solution.
Market Segmentation
The research report divides the Data Fabric market into segments based on shared characteristics. Market segmentation enables businesses to identify specific consumer groups and tailor their offerings to meet their unique needs. By understanding the distinct preferences of each segment, businesses can create more relevant products and marketing strategies, resulting in improved customer satisfaction and loyalty. In addition, by focusing on specific market segments, stakeholders can allocate their resources more efficiently, spending their budgets on segments most likely to provide the highest return on investment. Moreover, market segmentation can help businesses forecast demand and future trends more accurately.
Data Fabric Market, Component Outlook (Revenue – USD Billion, 2018 – 2030)
- Software
- Services
- Managed services
- Professional services
- Consulting
- Integration
- Support and Maintenance
Data Fabric Market, Deployment Mode Outlook (Revenue – USD Billion, 2018 – 2030)
- Cloud
- On-premises
Data Fabric Market, Vertical Outlook (Revenue – USD Billion, 2018 – 2030)
- BFSI
- Telecommunications and IT
- Retail and E-Commerce
- Healthcare and Life Sciences
- Manufacturing
- Government
- Energy and Utilities
- Media and Entertainment
- Other Verticals
Data Fabric Market, Business Application Outlook (Revenue – USD Billion, 2018 – 2030)
- Fraud Detection and Security Management
- Governance
- Risk
- Compliance Management
- Customer Experience Management
- Sales and Marketing Management
- Business Process Management
- Other Applications
- Supply Chain Management
- Asset Management
- Workforce Management
The Report Answers Questions Such As
• How much is the Data Fabric market worth?
• What are the key factors driving market growth?
• What is the projected CAGR for the market during the forecast period?
• Which segment is anticipated to register the fastest growth during the projection period?
• Which region dominated the global market?
• What are the competitive strategies market participants might adopt?
Conclusion
The Data Fabric market research report summarizes the study’s major findings, providing a final overview of the market’s current state, future growth prospects, and recommendations for market participants. The market’s key drivers, challenges, and restraints have been restated in the conclusion section. In addition, strategic recommendations for market participants have been provided.
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