Global Data Fabric Market

Data Fabric Market Size, Share, Growth Analysis, By Component(Solutions, Services [Professional Services (Consulting, Education and Training, Support and Maintenance)), By Type(Disk-Based, In-Memory), By Organization Size(Large Enterprises, Small and Medium-Sized Enterprises), By Deployment Mode(On-Premises, Cloud), By Application(Fraud Detection & Security Management, Governance, Risk & Compliance Management, Customer Intelligence), By Vertical(BFSI, Government, Defense, & Public Agencies), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45A2166 | Region: Global | Published Date: October, 2024
Pages: 157 | Tables: 96 | Figures: 76

Data Fabric Market Regional Insights

North America is the dominant region of the data fabric market, driven by technologically savvy companies and large enterprises in the United States and Canada. These organizations invest heavily in building advanced data solutions compete and meet customer demands for the personalized experiences. Strong North American technology infrastructure, combined with the availability of leading cloud and data stewards, encourages innovation and rapid deployment of data fabric solutions. North American companies are leading the way in adopting cloud computing and big data technologies, making them predominant providers of data fabric solutions to manage complex data integrations. Data fabric enables increased access to data in hybrid multicloud ecosystems by connecting those data silos. 

Asia Pacific is experiencing rapid growth in the data fabric market, driven by a wave of digitalization and increasing data penetration in industries such as the telecom, manufacturing and e-commerce. Government initiatives promoting digital transformation and smart city development also support the demand for data fabric in Asia-Pacific. Countries such as China, Japan and India are making an investment heavily within the records management technologies and power operational efficiencies. As the industry in the region expands and the adoption of IoT and AI keeps developing, Asia-Pacific is expected to be a key growth region for statistics fabric solutions.

$5,300
BUY NOW GET FREE SAMPLE
Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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 data fabric market is characterized by fierce competition among players ranging from established technology giants to innovative start-ups. These companies compete to satisfy enterprises’ growing needs for data integration, real-time analytics and seamless use of data across multiple environments (off-campus, hybrid and multi-cloud). Key drivers of competitiveness include technical capabilities, integration strategies, scalability, cost. and efficiency. Leading companies in this market, such as IBM, Informatica, Oracle, SAP, and Microsoft, focus on providing complete Data Fabric solutions that can handle complex data management tasks. 'IBM (US) ', 'SAP (Germany) ', 'Oracle (US) ', 'Denodo (US) ', 'HPE (US) ', 'Dell Technologies (US) ', 'NetApp (US) ', 'Teradata (US) ', 'Software AG (Germany) ', 'TIBCO Software (US) ', 'Splunk (US) ', 'Global IDs (US) ', 'Cinchy (Canada) ', 'K2View (US) ', 'IDERA (US) ', 'Incorta (US) ', 'Radiant Logic (US)  ', 'Intenda (South Africa) ', 'Atlan (India) ', 'Nexla (US) ', 'Stardog (US) ', 'Gluent (US) ', 'Starburst Data (US) ', 'Hexstream (France) ', 'Qomplx (US) ', 'CluedIn (Denmark) ', 'Iguazio (Israel) ', 'Alex Solutions (US)'

Rapid growth in data production and complexity across industries are key drivers for the data fabric market. As organizations expand their digital footprint, data from multiple sources such as IoT devices, social media, mobile applications, and business processes grow exponentially. This complex data ecosystem requires integrated solutions and scalable for better data handling, integration and analysis. A data fabric that can integrate data from multiple sources and provide comprehensive views across applications meets this need by providing a simple and centralized approach to data management. It also empowers organizations to gain actionable insights quickly, increase operational efficiency and decision-making processes.   

Increasing Integration of AI and Machine Learning: Integrating artificial intelligence (AI) and machine learning (ML) capabilities into data fabric solutions is a transformational trend that advances data processing, analytics, and processing. AI-powered data fabric capabilities enable data discovery, classification, and quality management automatically, making data more accurate and accessible. AI-driven insights allow companies to spot trends and anomalies, enabling predictive analytics and better decision-making. As a result, vendors are increasingly integrating AI/ML into their data fabric offerings, attracting more businesses aiming to capitalize on advanced analytics and compete in the digital landscape.

North America is the dominant region of the data fabric market, driven by technologically savvy companies and large enterprises in the United States and Canada. These organizations invest heavily in building advanced data solutions compete and meet customer demands for the personalized experiences. Strong North American technology infrastructure, combined with the availability of leading cloud and data stewards, encourages innovation and rapid deployment of data fabric solutions. North American companies are leading the way in adopting cloud computing and big data technologies, making them predominant providers of data fabric solutions to manage complex data integrations. Data fabric enables increased access to data in hybrid multicloud ecosystems by connecting those data silos. 

Request Free Customization

Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.

logo-images

Feedback From Our Clients

Global Data Fabric Market

Report ID: SQMIG45A2166

$5,300
BUY NOW GET FREE SAMPLE