Dublin, Sept. 12, 2024 (GLOBE NEWSWIRE) — The “Data Fabric – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Data Fabric is estimated at US$1.9 Billion in 2023 and is projected to reach US$7.6 Billion by 2030, growing at a CAGR of 21.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the data fabric market is driven by several factors, including the increasing adoption of cloud technologies, the need for real-time data analytics, and the rising importance of data governance and security. As businesses continue to migrate to cloud platforms, the demand for robust data integration and management solutions has surged. Data fabric addresses these needs by offering a cohesive strategy for integrating cloud and on-premises data.
Furthermore, the growing emphasis on real-time analytics for gaining competitive insights has propelled the adoption of data fabric, as it enables faster and more accurate data processing. Additionally, stringent data privacy regulations and the need for comprehensive data governance frameworks have highlighted the importance of data fabric solutions in ensuring data integrity and compliance. As organizations increasingly recognize the strategic value of data, the adoption of data fabric is expected to expand, driving significant market growth.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Data Fabric Software segment, which is expected to reach US$4.8 Billion by 2030 with a CAGR of a 19.3%. The Data Fabric Services segment is also set to grow at 26.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $783.0 Million in 2023, and China, forecasted to grow at an impressive 27.2% CAGR to reach $856.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Cambridge Semantics, Denodo Technologies Inc., Hewlett Packard Enterprise Development LP, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 357 |
| Forecast Period | 2023 – 2030 |
| Estimated Market Value (USD) in 2023 | $1.9 Billion |
| Forecasted Market Value (USD) by 2030 | $7.6 Billion |
| Compound Annual Growth Rate | 21.5% |
| Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Data Fabric: A Holistic Platform in Digital Ecosphere for Smooth Data Management
- Primary Benefits for Organizations
- Types of Data Fabric
- Global Economic Update
- Global Market Prospects & Outlook
- Growing Impetus on Data Management Fuel Demand for Data Fabric
- Solutions Segment Leads, Services to Drive Future Gains
- Disk-based Segment: The Larger Category
- Developed Regions Lead, Developing Economies to Witness High Growth
- Competition
- Data Fabric – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
- Recent Market Activity
MARKET TRENDS & DRIVERS
- Rise of Digital Transformation Creates Ideal Platform for Market Expansion
- Digital Transformation Accelerates Demand for Data Fabrics
- Data Fabric: Ideal Solution for Effective Digital Transformations
- Content Chaos: A Barrier to Successful Digital Transformation
- Data Fabric Co-creates Ready Made Tailored Outcomes for Business Optimization
- ‘Age of Data Abundance’ Creates Broad-based Opportunities for Data Fabric Solutions
- Rising Tide of Digitalization and Explosive Growth of Digital Data Creates the Need for Data Fabric
- Data Fabric Emerges as Pivotal Component of Data Management Strategies
- How Does Data Fabric Solve Data Management Challenges of Enterprises?
- Organizations Don Data Fabric to Tap Technology & Become Smarter
- Why is Data Fabric Strategy an Important Consideration for Enterprises?
- Emerging Need for Business Agility & Accessibility Augments Prospects
- A Review of Top Data Fabric Trends for Enterprises
- Uptrend in Machine Learning Vertical Augurs Well for the Market
- Data Fabric Enabling Next Level of Cloud Integration
- Increasing Investments in Industrial IoT Drives Growth
- Rise in Big Data Analytics Propels Use Case for Big Data Fabric
- Data Fabric Holds Importance as a Strategic Technology Trend
- Robust Data Fabric Essential to Enable Industrial Metaverse
- Data Fabric Vs Data Mesh Architectures: The Power of Two
- Novel Opportunities for Data Fabric in Fraud Detection & Security Management
- Data Fabric Supports Sales & Marketing Management
- Logical Data Fabrics: A Popular Trend
- Implementation of Data Fabric Solutions in eCommerce & Retail Continues to Grow
- Surging eCommerce Sector to Trigger New Wave of Opportunities
- Data Marketplace Perfectly in Tune with the Data Fabric Vision
- BFSI Enterprises: Data Fabric Extends New Capabilities
- “Banking” on Data Fabric for Transformation
- Data Fabric Seeks Role in Healthcare Sector
- Enterprise Knowledge Graphs Ensure Efficient Data Fabric
- Query Answering: A Key Functionality
FOCUS ON SELECT PLAYERS(Total 73 Featured)
- Cambridge Semantics
- Denodo Technologies Inc.
- Hewlett Packard Enterprise Development LP
- Hitachi, Ltd.
- IBM Corporation
- K2view LLC
- NetApp, Inc.
- Oracle Corporation
- Precisely
- SAP SE
- Splunk Inc.
- Talend Inc.
- Teradata Corporation
- VMware, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/yvacv5
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- Global Data Fabric Market
