Press Release / Technology / Data Fabric Market Emerging Technologies and Industry Growth by Forecast to 2023

Data Fabric Market Emerging Technologies and Industry Growth by Forecast to 2023

The report on the global Data Fabric market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player’s market share analysis, competitive landscape and supply chain analysis.

Market Highlights:

Data Fabric is a software approach for data movement and management; it provide a consistent set of capabilities and services, which span a choice of endpoints and application ecosystems connected across the cloud and on-premises. Data fabric simplifies and integrates data management across cloud and on-premises to accelerate digital transformation. It delivers consistent and integrated hybrid cloud data services for data visibility and insights, data access and control, and data protection and security.

Known as a software approach for data movement and management, data fabric is a consistent set of capabilities and services, providing a choice of endpoints and application ecosystems connected across the cloud and on-premises. Market Research Future (MRFR) has published a research report about the global data fabric market that forecasts extension for this market at 18% CAGR (Compound Annual Growth Rate) between 2017 and 2023. By value, the market has been figured to be worth the US $ 200 mn by the end of the forecast period.

The important factors moving the global data fabric market growth include growing internet technology, growth in the processing & commutation techniques, increase in virtualization of network infrastructure, and an upswing in cloud-based organizations.

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Major Key Players

Denodo (USA),
Global DS (USA),
IBM Corporation (USA),
Informatica (USA),
K2 View (USA),
Oracle Corporation (USA),
SAP SE (Germany),
Splunk Inc. (USA),
Syncsort Inc. (USA),
Teradata Corporation (USA).
Market Research Future (MRFR) has published a research report about the global Data Fabric Market that estimates enormous aggrandizement for the market with 18% CAGR (Compound Annual Growth Rate) during the forecast period between 2017 and 2023. In terms of cash, by the end of the forecast period, the market has been estimated to be worth US $ 2 bn.

Latest Industry News

A new open-core streaming data fabric called Streamlio has been launched.

NetApp has announced Flash Performance Guarantee, MAX Data, NetApp solution support for FlexPod, Ontap 9.5, SG6060, and StorageGrid. These new data services and solutions can not only further extend the NetApp Data Fabric across the edge, core, and cloud, but can also enable organizations to realize the promise of artificial intelligence fully.

Regional Analysis

The regional segmentation of the global data fabric market can segment the market into the regional markets known as Asia Pacific, North America, Europe, and the rest of the world (RoW). In North America, the market is growing due to technological advancements, the presence of key market players, and early adoption of data management systems. The headliner country-specific markets in this region are the USA, Canada, and Mexico.

During the forecast period, rapid growth for the Asia Pacific market is expected due to growing technological adoption and huge opportunities across various industry verticals in countries like China, India, and Japan, followed by the remaining countries of Asia Pacific region. During the forecast period, Europe market can grow due to the reasons same as North America. In this region, the most crucial country-specific markets are Germany, France, and the UK.

The RoW segment covers the countries of Latin America & Middle East & Africa (MEA). Latin America is a small market due to the limited availability of advanced technology in this region. Argentina and Brazil are two strong economies holding the potential to rise as lucrative markets in the future. In the MEA region, despite the high demand, the market is small due to poor countries, lack of education, lack of awareness, lack of skilled labor, and lack of technological advancement.

Segmentation

The global data fabric market can be segmented on the basis of application, services, type, vertical, and lastly, region. The application-based segmentation segments this market into business process management, customer experience management, fraud detection, governance-risk management-and compliance (GRC) management, and security management. Regarding services, the market has been segmented into managed services and professional services. By type, the market can be segmented into disk-based storage and in-memory storage.

As per vertical, the market has been segmented into banking, financial services and insurance (BFSI), automotive, energy & utilities, media & entertainment, retail & e-commerce, and others. In the retail sector, the data fabric offers many advantages including building a supply chain process responsive to market & geodynamics with real-time predictive as well as prescriptive analytics. The second advantage is the augmented machine learned insights with human intelligence to enhance the user experience without risking user privacy. The third advantage is improved logistics operational efficiency by correlating machine/sensors generated data with external data.

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Intended Audience

Software Developers
Testing
Government
End-Users
Cloud service providers
System integrators
Advisory firms
Technology providers
LIST OF TABLES

Table1 Global Data Fabric Market, By Country, 2018-2023

Table2 North America: Data Fabric Market, By Country, 2018–2023

Table3 Europe: Data Fabric Market, By Country, 2018–2023

Table4 Asia-Pacific: Data Fabric Market, By Country, 2018–2023

Table5 Latin America: Data Fabric Market, By Country, 2018–2023

Table6 North America: Data Fabric Market, By Country

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LIST OF FIGURES

Figure 1 Global Data Fabric Market segmentation

Figure 2 Forecast Methodology

Figure 3 Porter’s Five Forces Analysis of Global Data Fabric Market

Figure 4 Value Chain of Global Data Fabric Market

Figure 5 Share of Data Fabric Market in 2018, by country (in %)

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