The global data fabric market size reached USD 1.14 Billion in 2020 and is expected to register a revenue CAGR of 27.2%, during the forecast period, according to latest analysis by Emergen Research. Rising volumes and variation of organizational data and increasing adoption of cloud services are some key factors driving global data fabric market revenue growth. Rapid developments in in-memory computing are factors also expected to boost revenue growth of the market to a significant extent.
In-memory computing enables super-fast speed and the scaling of unlimited volumes of data, while also simplifying accessibility to an increasing number of data sources. As stored data is accessed considerably quickly while it is stored in Random-Access Memory (RAM) and flash memory, in-memory processing enables data to be evaluated in real-time, allowing for speedier business reporting and decision-making. Rapid developments in in-memory computing is expected to drive demand for in-memory data fabric in the near future.
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The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities. The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position.
Some major companies in the market report include SAP SE, Informatica, Inc., Global Ids, Inc., International Business Machines Corporation, NetApp, Inc., Oracle Corporation, Splunk, Inc., Teradata Corporation, Idera, Inc., and TIBCO Software, Inc.
Key Highlights from the Report
Service segment revenue is expected to expand at a significantly steady CAGR during the forecast period owing to rising need for integration, consultancy, support, and maintenance services to ease implementation and operation of data fabric solutions.
Small and medium-sized enterprise segment is expected to register a significantly robust revenue growth rate over the forecast period owing to increasing adoption of data fabric solutions and services among small and medium-sized enterprises globally.
On-cloud segment is expected to register a steady revenue growth rate. Rising adoption of cloud services among end-users is a key factor expected to continue to fuel revenue growth of this segment.
Data Fabric Market Segmentation by Regions:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Emergen Research has segmented the global data fabric market on the basis of component, type, deployment, organization size, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Type Outlook (Revenue, USD Billion; 2018–2028)
In-Memory data fabric
Disk-based data fabric
Deployment Outlook (Revenue, USD Billion; 2018–2028)
Organization Size Outlook (Revenue, USD Billion; 2018–2028)
Small and Medium-sized Enterprises
Application Outlook (Revenue, USD Billion; 2018–2028)
Customer Experience Management
Fraud Detection and Security Management
Sales and Marketing Management
Risk and Compliance Management
Business Process Management
Supply Chain Management
End-Use Outlook (Revenue, USD Billion; 2018–2028)
IT & Telecom
Transportation & Logistics
Media & Entertainment
Retail & e-Commerce
Energy & Utilities
Travel & Hospitality
The report addresses the following key points:
The report estimates the expected market size from 2021-2028
The report provides a forecast of market drivers, restraints, and future opportunities for the Data Fabric market
The report further analyses the changing market dynamics
Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
Extensive competitive landscape mapping with profiles of the key competitors
In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
Revenue forecast, country scope, application insights, and product insights
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