Data Fabric Market: Global Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, and Region

Data Fabric Market was valued at USD 1.58 billion in 2023. Global Data Fabric Market size is estimated to grow at a CAGR of 26.1 % over the forecast period.

Format : PDF | Report ID : SMR_689

Data Fabric Market Definition:

The report explores the Global Data Fabric market's segments (Component, Data Fabric Type, Applications, Deployment Mode, Organization Size, Vertical, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2018 to 2022. The report investigates the Global Data Fabric market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Global Data Fabric market's contemporary competitive scenario.

Data Fabric Market

To get more Insights: Request Free Sample Report

Data Fabric Market Dynamics:

The increase in the businesses is leading to the growth of the market:

There is a major surge in big data analytics and data analytics which is one of the crucial factors leading to the rise in the growth of the market. As it can collocate disparate data sources and provide analytics on the collected data. The rising businesses and data accessibility have led to the rise in the adoption of the data fabric platform. It enables the applications and provides a wide range of interfaces deployed by businesses. The rise in digitalization in emerging economies across the globe is profitable for the data fabric market growth.

The rise in the excess of connected devices has proportionately increased the variety with the volume of business data that is generated from these devices. Some of the devices like cameras and sensors that are deployed for monitoring continuously collect local data. The requirement for businesses to gather meaningful insights from the collected data has risen significantly. This, in turn, leads to the adoption of data analytics in businesses. Also, this is widely used for the spread of intrusion into the analytics framework. This is also accountable for data integration and management within a single environment from diverse sources. These are the major factors that are driving the growth of the market during the forecast period.

Lack of workforce and the awareness among people are restraining market growth:

There is a lack of skilled workforce with a lack of awareness among the people are some of the factors that hamper the growth of the market to a certain extent. The high cost of deployment is also one of the major issues. Also, there are some factors that are limiting the growth of the market such as no data history, these systems do not retain a history of transactional data; rather, they change existing transactions as new transactions occur. A different kind of labor intensiveness is also a concern that is affecting negatively. These are some of the restraining factors that are affecting the growth of the Data Fabrics Market through the forecast period.

Global Data Fabric Market Trends:

The fabric switches are playing a major role in reducing the infrastructural cost by combining the data centers. Businesses are opting for big data solutions that collect data and provide prompt access to information. With the capabilities of big data platforms that increasingly create new opportunities for industries, data accessibility has shifted the need from the adoption of big data platforms to a rapid data access device such as data fabric. For instance, Data fabric has witnessed significant growth as it provides a complete approach to managing data securely, efficiently, and future-proof data transactions. This, in turn, supports business agility and data accessibility at a significant rate. As a result, these factors are boosting the growth of the global market in the coming years through the forecast period.

Data Fabric Market Segment Analysis:

Based on Deployment, the Data Fabric Market is segmented into On-premise and Cloud. The Cloud segment has dominated the largest market share accounting for 74.9% in 2023 and is expected to grow at a CAGR of 15.8% during the forecast period as it is widely used for integrating cloud-based data sources as it leverages data sources that reside at disparate locations. This is one of the major reasons that is expected to drive the growth of the market during the forecast period.

Based on Organizational size, the Data Fabric Market is segmented into Small and Medium Enterprises and Large Enterprises. The Large size enterprises have dominated the largest market share accounting for 48.2% in 2023, and are expected to grow at a CAGR of 7% during the forecast period. As high cost is associated with the deployment of the Data fabrics, hence the large size enterprises can afford its deployment.

Data Fabric Market

Global Data Fabric Market Regional Insights:

The North American region held the largest market share accounting for 41% in 2023. This is a developed region with rapidly adopting advanced technologies for enhancing business productivity. Also, owing to the rise in the need to transform the digital data ecosystem among businesses operating in North America. There are many major key players existing in the market from this region. These factors are driving the market’s growth through the forecast period.

The Asia Pacific region is expected to witness significant growth at a CAGR of 23% through the forecast period as this region is highly IT spending capability of the developing countries in the Asia-Pacific to stay competitive in the global market. Also, this is because of the rapid advancement in the emerging technologies with an early adoption rate of the data fabric software in this region.

Data Fabric Market Key Players Insights:

The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a global presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.

The market's major companies have a significant impact because most of them have extensive global networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the global market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.

The objective of the report is to present a comprehensive analysis of the Global Data Fabric Market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Data Fabric Market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Data Fabric Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.

The qualitative and quantitative data provided in the Global Data Fabric Market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Data Fabric Market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Data Fabric Market.

The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Global Data Fabric Market. The report also analyses if the Global Data Fabric Market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.

The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Data Fabric Market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Data Fabric Market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Data Fabric Market is aided by legal factors.

Data Fabric Market Scope:

Data Fabric Market
Market Size in 2023	USD 1.58 Bn.
Market Size in 2030	USD 8.05 Bn.
CAGR (2024-2030)	26.1 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segment Scope	by Component Software Services
	by Data Fabric Type Disk-based data fabric In-Memory data fabric
	by Deployment Mode Cloud On-premises
	by Organization Size Large enterprises Small and medium-sized enterprises
	by Vertical BFSI Telecommunications and IT Retail and E-Commerce Healthcare and Life Sciences Manufacturing Government Energy and Utilities Media and Entertainment Other Verticals
	by Application Fraud Detection and Security Management Governance, Risk, and Compliance Management Customer Experience Management Sales and Marketing Management Business Process Management Other Applications
Regional Scope	North America- United States, Canada, and Mexico Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

Data Fabric Market Key Players:

Denodo Technologies
Global IDs
IBM Corporation
Informatica
NetApp
Oracle Corporation
SAP SE
Software AG
Splunk
Talend
Dell Technologies
HP Enterprise
Teradata Corporation
TIBCO Software
Precisely
Idera
Nexla
Stardog
Gluent
Starburst Data
HEXstream
QOMPLX
CluedIn
Iguazio
Cinchy

Buy Now

Request For Free sample

Frequently Asked Questions

What segments are covered in the Global Data Fabric Market report?

The segments covered in the Data Fabric Market report are based on Component, Data Fabric Type, Applications, Deployment Mode, Organization Size, and Vertical.

Which region is expected to hold the highest share in the Global Data Fabric Market?

North America region is expected to hold the highest share in the Data Fabric Market.

What is the market size of the Global Data Fabric Market by 2030?

The market size of the Data Fabric Market by 2030 is expected to reach USD 8.05 Billion.

What is the forecast period for the Global Data Fabric Market?

The forecast period for the Data Fabric Market is 2024-2030.

What was the market size of the Global Data Fabric Market in 2023?

The market size of the Data Fabric Market in 2023 was valued at USD 1.58 Billion.

1.   Research Methodology
1.1   Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2.   Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3.   Market Breakdown and Data Triangulation
1.4.   Research Assumption
2.   Data Fabric Market Executive Summary
2.1.   Market Overview
2.2.   Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3.   Market Size (USD) and Market Share (%) – By Segments and Regions
3.   Data Fabric Market: Competitive Landscape
3.1.   SMR Competition Matrix
3.2.   Key Players Benchmarking
3.2.1.   Company Name
3.2.2.   Headquarter
3.2.3.   Business Segment
3.2.4.   End-user Segment
3.2.5.   Y-O-Y%
3.2.6.   Revenue (2023)
3.2.7.   Profit Margin
3.2.8.   Market Share
3.2.9.   Company Locations
3.3.   Market Structure
3.3.1.   Market Leaders
3.3.2.   Market Followers
3.3.3.   Emerging Players
3.4.   Consolidation of the Market
3.4.1.   Strategic Initiatives
3.4.2.   Mergers and Acquisitions
3.4.3.   Collaborations and Partnerships
3.4.4.   Developments and Innovations
4.   Data Fabric Market: Dynamics
4.1.   Data Fabric Market Trends by Region
4.1.1.   North America
4.1.2.   Europe
4.1.3.   Asia Pacific
4.1.4.   Middle East and Africa
4.1.5.   South America
4.2.   Data Fabric Market Drivers
4.3.   Data Fabric Market Restraints
4.4.   Data Fabric Market Opportunities
4.5.   Data Fabric Market Challenges
4.6.   PORTER’s Five Forces Analysis
4.6.1.   Intensity of the Rivalry
4.6.2.   Threat of New Entrants
4.6.3.   Bargaining Power of Suppliers
4.6.4.   Bargaining Power of Buyers
4.6.5.   Threat of Substitutes
4.7.   PESTLE Analysis
4.7.1.   Political Factors
4.7.2.   Economic Factors
4.7.3.   Social Factors
4.7.4.   Technological Factors
4.7.5.   Legal Factors
4.7.6.   Environmental Factors
4.8.   Technological Analysis
4.8.1.   Internet of Things
4.8.2.   Artificial Intelligence and Machine Learning
4.8.3.   Big Data
4.8.4.   Technological Roadmap
4.9.   Regulatory Landscape
4.9.1.   Market Regulation by Region
4.9.1.1. North America
4.9.1.2. Europe
4.9.1.3. Asia Pacific
4.9.1.4. Middle East and Africa
4.9.1.5. South America
4.9.2.   Government Schemes and Initiatives
5.   Data Fabric Market: Global Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
5.1.   Data Fabric Market Size and Forecast, by Component (2024-2030)
5.1.1.   Software
5.1.2.   Services
5.2.   Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
5.2.1.   Disk-based data fabric
5.2.2.   In-Memory data fabric
5.3.   Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
5.3.1.   Cloud
5.3.2.   On-premises
5.4.   Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
5.4.1.   Large enterprises
5.4.2.   Small and medium-sized enterprises
5.5.   Data Fabric Market Size and Forecast, by Vertical (2024-2030)
5.5.1.   BFSI
5.5.2.   Telecommunications and IT
5.5.3.   Retail and E-Commerce
5.5.4.   Healthcare and Life Sciences
5.5.5.   Manufacturing
5.5.6.   Government
5.5.7.   Energy and Utilities
5.5.8.   Media and Entertainment
5.5.9.   Other Verticals
5.6.   Data Fabric Market Size and Forecast, by Application (2024-2030)
5.6.1.   Fraud Detection and Security Management
5.6.2.   Governance, Risk, and Compliance Management
5.6.3.   Customer Experience Management
5.6.4.   Sales and Marketing Management
5.6.5.   Business Process Management
5.6.6.   Other Applications
5.7.   Data Fabric Market Size and Forecast, by Region (2024-2030)
5.7.1.   North America
5.7.2.   Europe
5.7.3.   Asia Pacific
5.7.4.   Middle East and Africa
5.7.5.   South America
6.   North America Data Fabric Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
6.1.   North America Data Fabric Market Size and Forecast, by Component (2024-2030)
6.1.1.   Software
6.1.2.   Services
6.2.   North America Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
6.2.1.   Disk-based data fabric
6.2.2.   In-Memory data fabric
6.3.   North America Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
6.3.1.   Cloud
6.3.2.   On-premises
6.4.   North America Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
6.4.1.   Large enterprises
6.4.2.   Small and medium-sized enterprises
6.5.   North America Data Fabric Market Size and Forecast, by Vertical (2024-2030)
6.5.1.   BFSI
6.5.2.   Telecommunications and IT
6.5.3.   Retail and E-Commerce
6.5.4.   Healthcare and Life Sciences
6.5.5.   Manufacturing
6.5.6.   Government
6.5.7.   Energy and Utilities
6.5.8.   Media and Entertainment
6.5.9.   Other Verticals
6.6.   North America Data Fabric Market Size and Forecast, by Application (2024-2030)
6.6.1.   Fraud Detection and Security Management
6.6.2.   Governance, Risk, and Compliance Management
6.6.3.   Customer Experience Management
6.6.4.   Sales and Marketing Management
6.6.5.   Business Process Management
6.6.6.   Other Applications
6.7.   North America Data Fabric Market Size and Forecast, by Country (2024-2030)
6.7.1.   United States
6.7.2.   Canada
6.7.3.   Mexico
7.   Europe Data Fabric Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
7.1.   Europe Data Fabric Market Size and Forecast, by Component (2024-2030)
7.2.   Europe Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
7.3.   Europe Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
7.4.   Europe Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
7.5.   Europe Data Fabric Market Size and Forecast, by Vertical (2024-2030)
7.6.   Europe Data Fabric Market Size and Forecast, by Application (2024-2030)
7.7.   Europe Data Fabric Market Size and Forecast, by Country (2024-2030)
7.7.1.   United Kingdom
7.7.2.   France
7.7.3.   Germany
7.7.4.   Italy
7.7.5.   Spain
7.7.6.   Sweden
7.7.7.   Austria
7.7.8.   Rest of Europe
8.   Asia Pacific Data Fabric Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
8.1.   Asia Pacific Data Fabric Market Size and Forecast, by Component (2024-2030)
8.2.   Asia Pacific Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
8.3.   Asia Pacific Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
8.4.   Asia Pacific Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
8.5.   Asia Pacific Data Fabric Market Size and Forecast, by Vertical (2024-2030)
8.6.   Asia Pacific Data Fabric Market Size and Forecast, by Application (2024-2030)
8.7.   Asia Pacific Data Fabric Market Size and Forecast, by Country (2024-2030)
8.7.1.   China
8.7.2.   S Korea
8.7.3.   Japan
8.7.4.   India
8.7.5.   Australia
8.7.6.   Indonesia
8.7.7.   Malaysia
8.7.8.   Vietnam
8.7.9.   Taiwan
8.7.10.   Rest of Asia Pacific
9.   Middle East and Africa Data Fabric Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
9.1.   Middle East and Africa Data Fabric Market Size and Forecast, by Component (2024-2030)
9.2.   Middle East and Africa Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
9.3.   Middle East and Africa Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
9.4.   Middle East and Africa Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
9.5.   Middle East and Africa Data Fabric Market Size and Forecast, by Vertical (2024-2030)
9.6.   Middle East and Africa Data Fabric Market Size and Forecast, by Application (2024-2030)
9.7.   Middle East and Africa Data Fabric Market Size and Forecast, by Country (2024-2030)
9.7.1.   South Africa
9.7.2.   GCC
9.7.3.   Nigeria
9.7.4.   Rest of ME&A
10.   South America Data Fabric Market Size and Forecast by Segmentation (by Value in USD Million) (2024-2030)
10.1. South America Data Fabric Market Size and Forecast, by Component (2024-2030)
10.2. South America Data Fabric Market Size and Forecast, by Data Fabric Type (2024-2030)
10.3. South America Data Fabric Market Size and Forecast, by Deployment Mode (2024-2030)
10.4. South America Data Fabric Market Size and Forecast, by Organization Size (2024-2030)
10.5. South America Data Fabric Market Size and Forecast, by Vertical (2024-2030)
10.6. South America Data Fabric Market Size and Forecast, by Application (2024-2030)
10.7. South America Data Fabric Market Size and Forecast, by Country (2024-2030)
10.7.1.   Brazil
10.7.2.   Argentina
10.7.3.   Rest Of South America
11.   Company Profile: Key Players
11.1. Denodo Technologies
11.1.1.   Company Overview
11.1.2.   Business Portfolio
11.1.3.   Financial Overview
11.1.3.1. Total Revenue
11.1.3.2. Segment Revenue
11.1.3.3. Regional Revenue
11.1.4.   SWOT Analysis
11.1.5.   Strategic Analysis
11.1.6.   Recent Developments
11.2. Global IDs
11.3. IBM Corporation
11.4. Informatica
11.5. NetApp
11.6. Oracle Corporation
11.7. SAP SE
11.8. Software AG
11.9. Splunk
11.10. Talend
11.11. Dell Technologies
11.12. HP Enterprise
11.13. Teradata Corporation
11.14. TIBCO Software
11.15. Precisely
11.16. Idera
11.17. Nexla
11.18. Stardog
11.19. Gluent
11.20. Starburst Data
11.21. HEXstream
11.22. QOMPLX
11.23. CluedIn
11.24. Iguazio
11.25. Cinchy
12.   Key Findings
13.   Analyst Recommendations
13.1. Strategic Recommendations
13.2. Future Outlook