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Data Fabric Market Trends and Forecast
The future of the data fabric market looks promising with opportunities in the banking, financial services, and insurance (BFSI), government, defense and public agencies, manufacturing, healthcare & life sciences, energy and mining, telecom, media & entertainment, and retail & ecommerce sectors. The global data fabric market is expected to grow with a CAGR of 30% to 32% from 2023 to 2028. The major drivers for this market are increasing use of data fabric to integrate and analyse various types of data sets to provide businesses with real-time insights and growing industry adoption of data fabric to extract valuable inputs from any form of data.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched and other details of the global data fabric market report, please download the report brochure.
Data Fabric Market by Segment
The study includes a forecast for the global data fabric market by component, product type, organization size, deployment mode, application, end use industry, and region, as follows:
Data Fabric Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
Data Fabric Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Data Fabric Market by Organization Size [Value ($B) Shipment Analysis from 2017 to 2028]:
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Small and Medium-sized Enterprises (SMEs)
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Large Enterprises
Data Fabric Market by Deployment Mode [Value ($B) Shipment Analysis from 2017 to 2028]:
Data Fabric Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
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Fraud Detection and Security Management
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Governance, Risk and Compliance Management
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Customer Intelligence
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Sales and Marketing Management
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Business Process Management
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Preventative Maintenance Analysis
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Others
Data Fabric Market by End Use Industry [Value ($B) Shipment Analysis from 2017 to 2028]:
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BFSI
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Government
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Defense and Public Agencies
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Manufacturing
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Healthcare & Life Sciences
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Energy and Mining
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Telecom
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Media & Entertainment
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Retail & Ecommerce
Data Fabric Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
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North America
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Europe
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Asia Pacific
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The Rest of the World
List of Data Fabric Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies data fabric companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the data fabric companies profiled in this report include:.
Data Fabric Market Insights
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Lucintel forecasts that services is expected to witness highest growth over the forecast period due to the increasing need for data fabric across industries as they set out a suitable platform to run and support their apps.
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Within this market, disk-based and in-memory are the two types of data fabric used by various end use industries. Lucintel predicts that in-memory is expected to witness highest growth over the forecast period due to the increasing demand for in-memory data fabric solution among industries to provide speedy data access, support, and forecast real-time data insights.
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North America will remain the largest region due to the increasing use of data fabric as a solution for advanced technologies across the economy, growing IT-based data, and stringent data-protection laws create a chance for data fabric vendors in the region.
Features of the Data Fabric Market
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Market Size Estimates: Data fabric market size estimation in terms of value ($B)
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Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
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Segmentation Analysis: Data fabric market size by various segments, such as by component, product type, organization size, deployment mode, application, end use industry, and region
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Regional Analysis: Data fabric market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
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Growth Opportunities: Analysis on growth opportunities in different by component, product type, organization size, deployment mode, application, end use industry, and regions for the data fabric market.
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Strategic Analysis: This includes M&A, new product development, and competitive landscape for the data fabric market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the data fabric market size?
Answer: The global data fabric market is expected to reach an estimated $xx billion by 2028.
Q2. What is the growth forecast for data fabric market?
Answer: The global data fabric market is expected to grow with a CAGR of 30% to 32% from 2023 to 2028.
Q3. What are the major drivers influencing the growth of the data fabric market?
Answer: The major drivers for this market are increasing use of data fabric to integrate and analyse various types of data sets to provide businesses with real-time insights and growing industry adoption of data fabric to extract valuable inputs from any form of data.
Q4. What are the major segments for data fabric market?
Answer: the future of the data fabric market looks promising with opportunities in the banking, financial services, and insurance (BFSI), government, defense and public agencies, manufacturing, healthcare & life sciences, energy and mining, telecom, media & entertainment, and retail & ecommerce sectors. The global data fabric market is expected to grow with a CAGR of 30% to 32% from 2023 to 2028.
Q5. Who are the key data fabric companies?
Answer: Some of the key data fabric companies are as follows:
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IBM
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SAP
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Oracle
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Informatica
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Talend
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Denodo
Q6. Which data fabric segment will be the largest in future?
Answer: Lucintel forecasts that services is expected to witness highest growth over the forecast period due to the increasing need for data fabric across industries as they set out a suitable platform to run and support their apps.
Q7. In data fabric market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region due to the increasing use of data fabric as a solution for advanced technologies across the economy, growing IT-based data, and stringent data-protection laws create a chance for data fabric vendors in the region.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.
This report answers following 11 key questions
Q.1. What are some of the most promising, high-growth opportunities for the data fabric market by component (solutions and services), product type (disk-based and in-memory), organization size (SMEs and large enterprises), deployment mode (on-premises and cloud), application (fraud detection and security management, governance, risk and compliance management, customer intelligence, sales and marketing management, business process management, preventative maintenance analysis, and others), end use industry (banking, financial services, and insurance (BFSI, government, defense and public agencies, manufacturing, healthcare & life sciences, energy and mining, telecom, media & entertainment, and retail & ecommerce), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to data fabric market or related to data fabric companies, data fabric market size, data fabric market share, data fabric analysis, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.