GlobalData Fabric Market size is expected to reach US$ XX Bn. by 2026 from US$ XXBn. in 2019, at a CAGR of 25.4 % during the forecast period.
The global Data Fabric marketreport is a comprehensive aGlobal Data Fabric Market size is expected to reachUS$ XX Bn. by 2026 from US$ XX Bn. in 2019, at a CAGR of 25.4 % during theforecast period.nalysis of the industry, market, and key players. The reporthas covered the market by demand and supply-side by segments. The global DataFabric report also provides trends by market segments, technology, andinvestment with a competitive landscape.
Overview of Data Fabric:
A data fabric is a unifiedenvironment that includes a unified architecture as well as services ortechnologies that run on that architecture to help organizations manage theirdata. The ultimate goal of data fabric is to maximize the value of data whilealso speeding up digital transformation.
Until 2022, bespoke data fabricdesigns could mainly be used as a static infrastructure, requiring businessesto incur new costs to fully re-design for more complex data mesh approaches.
Global Data Fabric Market Dynamics:
Growth in communication techniques,increasing internet penetration, an increase in cloud-based organizations, andan increase in network infrastructure virtualization and processing is thefactors driving the global data fabric market. It provides consistent andoptimized hybrid cloud data services for data visibility and insights, dataaccess and control, and data security and safety.
The growing need for real-timerunning analytics and the implementation of data fabric solutions in sectorssuch as retail & e-commerce, health care, BFSI, IT and telecommunication,and others are driving factors for the data fabric industry. Over the forecastera, the market's growth is expected to be aided by the adoption ofsoftware-based technologies.
Unified Environment based onOn-premise and Cloud Technology:
Multiple data integration products,agreements, and support mechanisms are no longer needed with ‘Talend DataFabric’. Talend Data Fabric was designed mainly to operate in both on-premiseand cloud environments. It's also rapidly adopting emerging cloud-basedtechnologies like Docker and Kubernetes for containers, Databricks, Qubole,Spark, and serverless computing for advanced analytics.
The volume and variety of businessdata has increased
The number of connected devices hasincreased, which has increased the amount and variety of business data producedby these devices. Cameras and sensors, for example, are used to constantlytrack the premises and collect location data. As a result, the need forcompanies to derive useful insights from gathered data has grown dramatically,fueling the adoption of data analytics.
Enterprises can now answerchallenging questions they were previously unable to answer thanks to a digitalsupply network powered by a data fabric.
Global Data Fabric MarketSegmentation:
Global Data Fabric Market
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Based on the data fabric type, theglobal data fabric market has been segmented into disk-based and in-memory datafabric. Disk-based data fabric is leading the market. Secured, regulated, andgoverned data are some of the benefits offered by disk-based data fabric.Additionally, it provides data access anytime applications need it; it alsoprovides the ability to transfer data and applications, lowering the cost of ownershipand ensuring data enforcement. On the other hand, the natural evolution ofin-memory computing is represented by in-memory data fabrics. The key benefitof in-memory data fabric is that all of the in-memory computing componentsoffered can be used separately while becoming well integrated.
GridGain In-Memory data fabricAdvantages:
The in-memory data fabric ofGridGain is an enterprise-grade software solution that combines real-timeanalytics, high-volume transactions, and hybrid transactional-analyticalprocessing into a single, highly scalable data access and processing layer. Itprovides speed and scale to all types of new and existing applications (Java,.NET, and C++) through its unified APIs, and allows queries through diversedata stores containing structured, semi-structured, and unstructured data (SQL,NoSQL, Hadoop).
Global Data Fabric Market RegionalInsights:
Global Data Fabric Market RegionalInsights
In the global data fabric industry,North America is projected to have the largest market share and is expected togrow at a CAGR of 26.70 % in the forecast period. Because of the significantinvestment in virtual technology R&D in the area, North America holds asignificant market share and will continue to do so in the forecast era. Whenproviding for global brands, the presence and availability of global brands, aswell as the difficulties they face due to significant or fragmented competitionfrom local domestic brands, the effect of domestic tariffs, and trade routesare all taken into account.
The Asia Pacific market is expectedto grow at a CAGR of XX% during the forecast period. The market is being drivenby increasing artificial intelligence, IoT adoption & other smarttechnologies, and huge opportunities across industry verticals in APACcountries, especially in India, China, and Japan. In addition, the emergence ofdigitalization in emerging economies around the world presents a lucrativeopportunity for the data fabric market to expand. The data fabrics market inthis area is expected to be driven by government initiatives to build smartcities in emerging countries such as China and India.
The objective of the report is topresent a comprehensive analysis of the Global Data Fabric Market to thestakeholders in the industry. The past and current status of the industry withthe forecasted market size and trends are presented in the report with theanalysis of complicated data in simple language. The report covers all theaspects of the industry with a dedicated study of key players that includemarket leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis withthe potential impact of micro-economic factors of the market have beenpresented in the report. External as well as internal factors that are supposedto affect the business positively or negatively have been analysed, which willgive a clear futuristic view of the industry to the decision-makers.
The report also helps inunderstanding the Global Data Fabric Market dynamics, structure by analyzingthe market segments and project the global Data Fabric market size. Clearrepresentation of competitive analysis of key players By Component, price, financialposition, product portfolio, growth strategies, and regional presence in theGlobal Data Fabric Market make the report investor’s guide.
Recent Development:
In June 2020, Denodo, the leader indata virtualization identified as a Leader in The Enterprise Data FabricEvaluation.
In June 2019, NetApp's data fabricsolutions (US Based) enable businesses to manage data through a variety of ITinfrastructures, including on-premises and public cloud service platforms.
Global Data Fabric Market Scope:Inquire before buying
Global Data Fabric Market
Global Data Fabric Market, ByRegion
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Global Data Fabric Market KeyPlayers
• Denodo Technologies
• Global IDs
• IBM Corporation
• Informatica
• NetApp
• Oracle Corporation
• SAP SE
• Software AG
• Splunk
• Talend
• Dell Technologies
• HP Enterprise
• Teradata Corporation
• TIBCO Software
• Precisely
• Idera
• Nexla
• Stardog
• Gluent
• Starburst Data
• HEXstream
• QOMPLX
• CluedIn
• Iguazio
• Cinchy
• Other Key Players
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