Press release
Emerging Trends to Drive Data Fabric Market Growth at 27.8% CAGR Through 2029
Data Fabric Market Size
Data Fabric Market Size Growth Forecast: What to Expect by 2025?
The size of the data fabric market has seen significant expansion over the past few years. Its growth is projected to continue, rising from $2.73 billion in 2024 to $3.36 billion in 2025, representing a compound annual growth rate (CAGR) of 23.2%. Factors contributing to growth during the historic period include requirements for real-time data, initiatives geared toward digital transformation, data governance and compliance considerations, along with increasing data volumes and complexity.
How Will the Data Fabric Market Size Evolve and Grow by 2029?
The size of the data fabric market is projected to experience exponential escalation in the coming few years, reaching $8.98 billion in 2029 with a compound annual growth rate (CAGR) of 27.8%. This rise in the anticipated period is due to enhancements in data security measures, the integration of a graph database, improved data management, dramatic growth of data in industries, and data mesh architecture. The primary trends foreseen for this period encompass the adoption of hybrid and multi-cloud, data integration and operability, real-time data processing and analytics, self-managed data management, metadata management and cataloging, as well as the integration of edge computing.
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What Drivers Are Propelling the Growth of Data Fabric Market Forward?
The increasing need for cloud computing is projected to drive the expansion of the data fabric market in the future. This technology, which allows various computing services to be delivered over the internet, is utilized by organizations and individuals alike for managing and investing in physical hardware and software infrastructure. Cloud computing employs data fabric to preserve data security and compliance by implementing encryption, access controls, and data auditing across various cloud services. For instance, Google LLC, a U.S.-based tech company, reported in January 2023 that 76% of individuals utilized the public cloud in 2022, marking a significant rise of 56% from the previous year. For this reason, the burgeoning demand for unstructured data is stimulating the growth of the data fabric market.
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Which Emerging Trends Are Transforming the Data Fabric Market in 2025?
The data fabric market is being transformed by technological innovation. New and improved products are being introduced to deliver enhanced efficiency to the customers. Take for example, Microsoft, a software company based in the US, unveiled Microsoft Fabric, a comprehensive analytics platform, in May 2023. It's an all-encompassing tool developed to consolidate various data management and analytical requirements. It enables multiple workloads inclusive of data integration, data science and real-time analytics that are all underpinned by AI. Microsoft Fabric provides users with the ability to effortlessly transform and visualize data, offering more than 150 connectors for a variety of data sources. This boosts the efficiency and ease of access to data throughout business organizations.
What Are the Key Segments in the Data Fabric Market?
The data fabric market covered in this report is segmented -
1) By Type: Disk-Based Data Fabric, In-Memory Data Fabric
2) By Component: Software, Service
3) By Application: Fraud Detection And Security Management, Customer Experience Management, Governance, Risk, And Compliance Management, Sales And marketing Management, Business Process Management
4) By End User: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail, Healare And Pharmaceuticals, Manufacturing, Government
Subsegments:
1) By Disk-Based Data Fabric: Traditional Disk Storage Solutions, Hybrid Disk Storage Solutions
2) By In-Memory Data Fabric: In-Memory Computing Solutions, Real-Time Data Processing Solutions
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Who Are the Key Players Shaping the Data Fabric Market's Competitive Landscape?
Major companies operating in the data fabric market include Denodo Technologies Inc., IBM Corporation, Informatica Software Company Inc., NetApp Inc., Oracle Corporation, SAP SE, Software AG Group, Splunk Inc., Talend S. A., Dell Technologies Inc., Hewlett-Packard Enterprise Company, Teradata Corporation, TIBCO Software Inc., VMware Software Private Limited., K2View LLC., Precisely Holdings LLC., CluedIn ApS., Idera Inc., Nexla Inc., QOMPLX Inc., Starburst Data Inc., Stardog Union Inc., Trifacta Inc., Atlan Pte. Ltd., Cloudera Inc., Hitachi Vantara LLC, Rubrik Inc., Nutanix Inc., data. world Inc.
What Geographic Markets Are Powering Growth in the Data Fabric Market?
North America was the largest region in the data fabric market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data fabric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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