Data Fabric Market Size, Share, Growth Analysis, By Component, By Type, By Organization Size, By Deployment Mode, By Application, By Vertical, By Region

Description

Global Data Fabric Market size was valued at USD 1.7 billion in 2022 and is poised to grow from USD 2.23 billion in 2023 to USD 19.31 billion by 2031, growing at a CAGR of 31% during the forecast period (2024-2031).

The global data fabric market is experiencing significant transformations driven by evolving consumer preferences and demands, particularly in the context of distributed data management across various sources. The adoption of hybrid and multi-cloud environments is gaining momentum, creating a pressing need for efficient data integration and management solutions. Data fabric has emerged as a key enabler for seamless data access and utilization, which, in turn, accelerates the demand for real-time analytics and actionable insights. Furthermore, the increasing volume of unstructured data fuels the market's expansion, underscoring the importance of robust data governance practices. Companies are actively seeking comprehensive solutions that facilitate data integration, orchestration, and management to navigate the complexities of heterogeneous environments. This emphasis on agility and a data-driven approach continues to drive growth in the data fabric sector. Overall, the market is well-positioned for sustained expansion as it addresses the critical requirements of businesses striving for enhanced operational efficiency and informed decision-making, reflecting a broader trend towards intelligent data utilization in an increasingly data-centric world.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Data Fabric market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Data Fabric Market Segmental Analysis

Driver of the Global Data Fabric Market

The rapid shift towards hybrid and multi-cloud environments is significantly fueling the Global Data Fabric market, as organizations seek sophisticated data management solutions that enable seamless integration and access to data across diverse platforms. This evolution necessitates data fabric technologies that enhance real-time analytics capabilities, allowing businesses to derive timely insights and drive informed decision-making. Additionally, the exponential growth of unstructured data types and the increasing emphasis on robust data governance frameworks further amplify the need for data fabric solutions. Consequently, these factors collectively position data fabric as an indispensable component in modern data ecosystems, driving market expansion and innovation.

Restraints in the Global Data Fabric Market

The Global Data Fabric market faces significant restraints stemming from the complexity involved in implementing these solutions within large enterprises characterized by intricate IT ecosystems. Organizations must navigate the meticulous integration of data fabric into their existing infrastructure, which demands extensive planning and resource allocation, often resulting in prolonged deployment timelines. Furthermore, apprehensions surrounding data security and privacy amplify the challenge, particularly when handling sensitive data, as businesses must ensure compliance with stringent regulations and safeguard against potential breaches. These factors collectively contribute to a cautious approach towards adoption, inhibiting the rapid growth and widespread acceptance of data fabric technologies.

Market Trends of the Global Data Fabric Market

The Global Data Fabric market is witnessing significant growth driven by the rising adoption of edge computing, as organizations seek to enhance their data management and processing capabilities at the edge. By integrating artificial intelligence (AI) and machine learning (ML) into data fabric solutions, businesses are empowered to extract actionable insights, thus improving decision-making processes. Moreover, the increasing focus on the convergence of data fabric with advanced data analytics tools is reshaping how organizations approach data utilization, enabling a more holistic and efficient strategy for harnessing data-driven insights. As these trends converge, the market is poised for substantial innovation and expansion.

Product Code: SQMIG45A2166

Introduction

Objectives of the Study
Definitions
Market Scope

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Executive Summary

Market Overview Outlook
Supply Demand Trend Analysis
Segmental Opportunity Analysis

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers

Key Market Insights

Key Success Factor
Degree of Competition
Top Investment Pockets
Ecosystem of the Market
Case Study Analysis
Supply Chain Analysis
Patent Analysis
Technology Analysis
Pricing Analysis
Customer & Buying Criteria Analysis

Data Fabric Market by Component

Market Overview
Solutions
Services
- Professional Services
- Consulting
- Education and Training
- Support and Maintenance
- Managed Services

Data Fabric Market by Type

Market Overview
Disk-Based
In-Memory

Data Fabric Market by Organization Size

Market Overview
Large Enterprises
Small and Medium-Sized Enterprises

Data Fabric Market by Deployment Mode

Market Overview
On-Premises
Cloud

Data Fabric Market by Application

Market Overview
Fraud Detection & Security Management
Governance, Risk & Compliance Management
Customer Intelligence
Sales & Marketing Management
Business Process Management
Preventative Maintenance Analysis
Other Applications

Data Fabric Market by Vertical

Market Overview
BFSI
Government, Defense, & Public Agencies
Telecom
Retail & Ecommerce
Manufacturing
Energy & Mining
Healthcare & Life Sciences
Media & Entertainment
Other Verticals

Data Fabric Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Italy
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2023
Strategies Adopted by Key Market Players
Recent Activities in the Market
Key Companies Market Share (%), 2023

Key Company Profiles

IBM (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SAP (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Oracle (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Denodo (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
HPE (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dell Technologies (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
NetApp (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Teradata (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Software AG (Germany)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
TIBCO Software (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Splunk (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Global IDs (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Cinchy (Canada)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
K2View (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
IDERA (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Incorta (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Radiant Logic (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Intenda (South Africa)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Atlan (India)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Nexla (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Stardog (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Gluent (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Starburst Data (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Hexstream (France)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Qomplx (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
CluedIn (Denmark)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Iguazio (Israel)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Alex Solutions (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Data Fabric Market Size, Share, Growth Analysis, By Component, By Type, By Organization Size, By Deployment Mode, By Application, By Vertical, By Region - Industry Forecast 2024-2031