Press release
Data Fabric Market Size 2018 Industry Growth, Trend and Top Key Companies Analysis (Atotech, Chemetall GmbH, Houghton International Inc., Coventya International, Uyemura & Co., Ltd., McGean-Rohco, Inc., Raschig GmbH, IBM Corporation, SAP SE, Oracle)
Data Fabric Market
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Key Points: Global Data Fabric Market
Denodo Technologies, Global IDs, Informatica, Syncsort, K2VIEW, NetApp Inc., IBM Corporation, Oracle, SAP SE, Software AG, Splunk Inc., Talend, VMware, Inc. and Teradata among others.
• A professional service is expected to dominate the global data fabric market.
• Consulting services is driving the market with highest market share.
Global Data Fabric Market is expected to reach USD 3,122.84 Million by 2025 from USD 617.30 Million in 2017, at a CAGR of 25.1% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Market Segmentation: Global Data Fabric Market
• The global data fabric market is segmented on of, component, type, deployment model, application and organization size, vertical and geography. The report provides data for 2016 to 2025, 2017 being the current year while 2018 to 2025 is the forecast period for the report.
• The global data fabric market is segmented based on component into two notable segments; software, services. The services segment is sub segmented into managed services and professional services which is further sub segmented into consulting services, support and maintenance and education and training The Data fabric market is dominated by service with 75.9% market share in 2018, and is expected to reach 2419.42 million by 2025 growing and USD 466.85 million in 2017 is growing at a CAGR of 25.5% in the forecast period.
• The global data fabric market is segmented based on type into two notable segments; disk-based data fabric and in-memory based data fabric. The data fabric market is dominated by Disk-based data fabric with 58.3% market share in 2018, and is expected to reach 1735.08 million by 2025 growing and USD 362.52 million in 2017 is growing at a CAGR of 24.2% in the forecast period. However, In-memory based data fabric segment is expected to reach USD 1387.76 by 2025, with the highest CAGR of 26.3% in the forecast period 2018 to 2025.
• The global data fabric market is segmented based on application into six notable segments; fraud detection and security management, governance, risk, and compliance management, customer experience management, sales and marketing management, business process management and others.
The data fabric market is dominated by fraud detection and security management with 40.4% market share in 2018, and is expected to reach USD 1346.96 million by 2025 growing and USD 246.87 million in 2017 is growing at a CAGR of 26.3% in the forecast period.
• The global data fabric market is segmented based on deployment model into three notable segments; on-premises, on-demand and others. The data fabric market is dominated by on-premises with 57.1% market share in 2018, and is expected to reach USD 1650.60 million by 2025 growing and USD 356.34 million in 2017 is growing at a CAGR of 23.7% in the forecast period. However, on-demand segment is expected to reach 1,472.24 by 2025, with the highest CAGR of 26.8% in the forecast period 2018 to 2025.
• The global data fabric market is segmented based on organization size into four notable segments; large enterprises, small-sized enterprises, medium-sized enterprises and others. The data fabric market is dominated by large enterprises with 81.8% market share in 2018, and is expected to reach USD 2598.37 million by 2025 growing and USD 503.88 million in 2017 is growing at a CAGR of 25.4% in the forecast period.
• The global data fabric market is segmented based on vertical into nine notable segments; banking, financial services, and insurance, telecommunications and IT, retail and ecommerce, healthcare and life sciences, manufacturing, government, energy and utilities, media and entertainment and others. The data fabric market is dominated by banking, financial services and insurance with 27.2% market share in 2018, and is expected to reach USD 866.74 million by 2025 growing and USD 167.15 million in 2017 growing at a CAGR of 25.5% in the forecast period. However, manufacturing segment is expected to reach 352.85 by 2025, with the highest CAGR of 27.2% in the forecast period 2018 to 2025.
• The global data fabric market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
• Based on geography, the global data fabric market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa. The geographical regions are further segmented into 24 major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others.
Key Drivers: Global Data Fabric Market
The major factors contributing to the growth of the market includes factors such as increasing volume and variety of business data. On the other hand, lack of integration with legacy systems may hinder the growth of the market.
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