PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150033
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1150033
The global data fabric market size is expected to reach USD 8.10 billion by 2030, according to a new study by Polaris Market Research. The report "Data Fabric Market Share, Size, Trends, Industry Analysis Report, By Component (Software, Services); By Business Application; By Deployment Mode; By Vertical; By Region; Segment Forecast, 2022-2030" gives a detailed insight into the current market dynamics and provides an analysis on future market growth.
With the emergence of digital transformation, IoT, the Industrial internet of things, and innovations that create smart solutions, the number and variety of company data have increased. Furthermore, as the need for information analytics has grown, data management technologies have progressed dramatically.
Further, due to its ability to unbind data from underlying systems so that it may be accessed throughout the fabric, this evolution has led to a proliferation of the deployment of data fabric solutions, alleviating the financial burden on businesses that choose big data solutions.
Beyond fixed workstations and on-site servers, businesses are increasingly expanding their perimeters. The range of networked devices is expanding, from BYOD and WFH to ruggedized handheld devices in the field, as well as the Internet of Things (IoT). For Instance, in December 2020, SAP released a new version of SAP Data Intelligence.
The version has capabilities including deployment & administration, metadata and governance, network modeling, connectivity and integration, and intelligent processing. It is a version of the SAP Data Intelligence platform that is installed locally.
Data Fabric Market Report Highlights
Solution segment held the highest share which is dominating the industry. A rise in the popularity of data fabric platforms can be attributed to improvements in business data management.
Cloud segment holds a significant CAGR over the forecast period. The preference for the on-premises deployment of data management solutions among industries vulnerable to data losses, data privacy violations, and security breaches contributes to the increased adoption of the on-premises deployment mode.
Asia Pacific holds a lucrative CAGR in the market over the forecast period. The ability to develop nations in the Asia-Pacific to spend more on IT to remain competitive in the global market has considerably increased the region's growth.
The global market is highly competitive owing to the existence of large industry players with a global presence including CluedIn Inc., Cinchy Solution Inc., Dell Technologies Corp., Hewlett Packard Enterprise Company, IBM Corporation, Informatica Corporation, Idera Incorporation, Oracle Corporation, TIBCO Software, Teradata Corporation, and VMware, Inc.
Polaris Market Research has segmented the Data Fabric market report based on component, business application, deployment mode, vertical, and region:
Data Fabric, Component Outlook (Revenue - USD Billion, 2018 - 2030)
Software
Services
Managed services
Professional services
Consulting
Integration
Support and Maintenance
Data Fabric, Business Application Outlook (Revenue - USD Billion, 2018 - 2030)
Fraud Detection
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
Data Fabric, Deployment Mode Outlook (Revenue - USD Billion, 2018 - 2030)
Cloud
On-premises
Data Fabric, Vertical Outlook (Revenue - USD Billion, 2018 - 2030)
Telecommunications and IT
Retail and E-Commerce
Healthcare and Life Sciences
Manufacturing
Government
Energy and Utilities
Media and Entertainment
Other Verticals
Data Fabric, Regional Outlook (Revenue - USD Billion, 2018 - 2030)
North America
U.S
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Figure 1. Global Data Fabric Market, 2018 - 2030 (USD Billion)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top-Down & Bottom-Up Vertical
Figure 4. Market by Geography
Figure 5. Porter's Five Forces
Figure 6. Market by Component
Figure 7. Global Data Fabric Market, by Component, 2021 & 2030 (USD Billion)
Figure 8. Market by Vertical
Figure 9. Global Data Fabric Market, by Vertical, 2021 & 2030 (USD Billion)
Figure 10. Market by Business Application
Figure 11. Global Data Fabric Market, by Business Application, 2021 & 2030 (USD Billion)
Figure 12. Market by Deployment Mode
Figure 13. Global Data Fabric Market, by Deployment Mode, 2021 & 2030 (USD Billion)
Figure 14. Data Fabric Market Assessment, By Geography, 2018 - 2030 (USD Billion)
Figure 15. Strategic Analysis - Data Fabric Market