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USD 8.10 Billion, Data Fabric Market: By Types, Applications and End-users | Opportunity Analysis By 2030 at 26.4% CAGR

10-04-2024 09:30 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Data Fabric Market

Data Fabric Market

The data fabric market size was valued at USD 1.12 billion in 2021. The market is projected to grow to USD 8.10 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 26.4% from 2022 to 2030.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:

A data fabric acts as an all-encompassing answer, merging different data sources, including on-premises, cloud-based, or third-party systems, into one unified setting. This integration allows data to move smoothly between different systems and applications, assisting organizations in efficiently managing their data. In essence, a data fabric offers centralized control, making it easier to manage and govern data assets. By combining data structure and technology, organizations can establish strict data governance measures to guarantee data quality, consistency, and security throughout the company.

๐‚๐ก๐ž๐œ๐ค ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ: https://www.polarismarketresearch.com/industry-analysis/data-fabric-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:

โ— As big data platforms become more advanced, they are opening up new possibilities for organizations. This shift is leading to growing market demand for fast and easily accessible data solutions, such as data fabric, instead of just installing big data systems.
โ— The market is primarily being driven by the growing usage of data fabric solutions across various sectors like retail, e-commerce, telecommunications, banking, medical services, and BFSI, alongside the rising need for real-time data analysis.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

The market is marked by fierce competition, and the leading companies rely on innovative technology, superior goods, and a strong brand identity to boost sales. Here is the list of the leading companies operating in the data fabric market:

โ€ข CluedIn Inc.
โ€ข Cinchy Solution Inc.
โ€ข Dell Technologies Corp., Denodo Technologies
โ€ข HP Enterprise
โ€ข Hewlett Packard Enterprise Company
โ€ข HEXstream, IBM Corporation
โ€ข Informatica Corporation
โ€ข Idera Incorporation
โ€ข NetApp
โ€ข Nexla, Oracle Corporation
โ€ข TIBCO Software
โ€ข Teradata Corporation VMware Inc

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.polarismarketresearch.com/industry-analysis/data-fabric-market/inquire-before-buying

๐ƒ๐š๐ญ๐š ๐…๐š๐›๐ซ๐ข๐œ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

โ€ข Solution segment held the highest share which is dominating the industry. A rise in the popularity of data fabric platforms can be attributed to improvements in business data management.
โ€ข Cloud segment holds a significant CAGR over the forecast period. The preference for the on-premises deployment of data management solutions among industries vulnerable to data losses, data privacy violations, and security breaches contributes to the increased adoption of the on-premises deployment mode.
โ€ข Asia Pacific holds a lucrative CAGR in the market over the forecast period. The ability to develop nations in the Asia-Pacific to spend more on IT to remain competitive in the global market has considerably increased the region's growth.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/data-fabric-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The data fabric market is mainly segmented based on components, business applications, deployment modes, verticals, and regions. Based on business application analysis, the fraud detection and security segment is anticipated to witness the fastest market growth. A strong business data fabric is a key factor in driving a cybersecurity ecosystem. Data fabric boosts operational effectiveness within companies by strengthening data security through suitable defensive measures.

Furthermore, according to the vertical analysis, the BFSI segment is anticipated to hold a substantial income share. Many state regulations promote the sharing of user information to improve customer experience, drive innovation, and increase efficiency.

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Marketing Automation Market: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market

Industrial Robotics Market: https://www.polarismarketresearch.com/industry-analysis/industrial-robotics-market

Cybersecurity Insurance Market: https://www.polarismarketresearch.com/industry-analysis/cybersecurity-insurance-market

Hospital Electronic Health Records Market: https://www.polarismarketresearch.com/industry-analysis/hospital-electronic-health-records-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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