Press release
USD 8.10 Billion, Data Fabric Market: By Types, Applications and End-users | Opportunity Analysis By 2030 at 26.4% CAGR
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 2030.๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
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.
๐๐ก๐๐๐ค ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ: https://www.polarismarketresearch.com/industry-analysis/data-fabric-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
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.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
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:
โข CluedIn Inc.
โข Cinchy Solution Inc.
โข Dell Technologies Corp., Denodo Technologies
โข HP Enterprise
โข Hewlett Packard Enterprise Company
โข HEXstream, IBM Corporation
โข Informatica Corporation
โข Idera Incorporation
โข NetApp
โข Nexla, Oracle Corporation
โข TIBCO Software
โข Teradata Corporation VMware Inc
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.polarismarketresearch.com/industry-analysis/data-fabric-market/inquire-before-buying
๐๐๐ญ๐ ๐ ๐๐๐ซ๐ข๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข 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.
โข 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.
โข 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.
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/data-fabric-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
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.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
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