Data Fabric Marketsoftware-enabled approach that helps a business connect distinct storage resources (such as cloud and on-premises storage) with data management and thereby restructure the latter. The exponential growth of unstructured and structured business data across various industry verticals in the recent past is likely to be a key driver of the data fabric market over the forecast period, besides the rapid progression from conventional techniques of data management (including the transfer of data from a data warehouse) toward new ones.
Browse The Report: www.transparencymarketresearch.com/data-fabric-market.html
Implementation of data fabric solutions in sectors such as retail & e-commerce, health care, telecommunication & banking, and financial services & insurances and the growing need for real-time running analytics are driving factors for the data fabric market. The lack of concern among customers is likely to propel the data fabric market over the next few years. The adoption of software-based technologies is expected to create additional scope for the development of the market over the forecast period. Big Data Fabrics is expected to ease and automate the process of analysis, thereby stemming valuable insights out of the wide volume of data.
The data fabric market is segmented by component into the software and services categories. In terms of usage, the market is segregated into the following groups: business process management, customer experience management, fraud detection & security management, sales & marketing management, governance, risk & compliance management, and others. Data fabric is extensively utilized for fraud detection & security management as a result of which this segment is likely to occupy a significant share in the market at the end of the forecast period. The rising acceptance of data fabric implemented for business process management coupled with the need to resolve business-related problems in real time and modernized operations are likely to drive this segment over the forecast period. Based on organizational size, the data fabric market is segmented into the following divisions: large enterprises and small & medium enterprises (SMEs). Small & medium scale enterprises are estimated to register a rapid growth rate owing to the spur in the demand for cloud-based data and on-demand fabric solutions due to their time-efficient and cost-effective properties. On the basis of end-use, the data fabric market is divided into the following segments: telecommunication & IT, health care, banking, financial, services & insurance (BFSI), media & entertainment, manufacturing, energy, and others. BFSI held the dominant market share in 2016 and is predicted to retain its position over the forecast period, propelled by the increasing dependence on data generated from IT systems for financial transactions coupled with the need for data security.
Geographically, the data fabric market is distributed over North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Asia Pacific is anticipated to reflect a significant growth rate by the end of forecast period due to the rising adoption of Internet of Things (IoT) and smart technologies. Government initiatives to develop smart cities in emerging countries such as China and India are estimated to motivate the data fabrics market in this region. North America constituted a prominent market share in 2016 and is likely to remain dominant over the forecast period due to the heavy investment in R&D of virtualization technologies in this region. Significant presence of global vendors in this region is expected to be one of the crucial driving factors for the growth of data fabrics market. U.S. is expected to retain its dominance for the data fabrics market at the end of forecast period.
Request a PDF Sample for this Research Report @ www.transparencymarketresearch.com/sample/sample.php?flag...
Key players in the data fabrics market include international Business Machines Corporation, Hewlett Packard Enterprise, Oracle Corporation, Teradata, NetApp Inc., Software AG, Splunk Corporation, VMware, Inc., Informatica, Denodo Technologies, and Informatica Corporation, among others.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Fabric Market here
News-ID: 912286 • Views: 162
More Releases from Transparecny Market Research
Shared Mobility Market | Key Business Opportunities Along With Potential Challen …
Shared mobility is a type of service in which a vehicle is shared based on the time and distance it is used in return for money. In shared mobility, a vehicle owner or the owner of a large fleet provides the vehicle on a rental basis to consumers and other companies. Shared mobility comprises sharing a car, a ride, a two-wheeler, and sharing trucks and buses. Browse Research Report@ https://www.transparencymarketresearch.com/shared-mobility-market.html Key
Full Truckload Transportation Market: China, Japan, India, and South Korea Proje …
Full truckload transportation, also referred to as full truckload freight shipping, comprises heavy commercial vehicles that are employed for transportation of large shipments. Full truckload transportation involves dedicated trucks filled with enough products for the shipment. Full truckload transportation is considerably faster than less than truckload transportation and witnesses high demand from consumers, especially for large shipment transportation. For More Industry Insight, Download Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=52437 Increase in demand for robust and
Procurement Outsourcing Services Market Expected to Reach US$ 8,050.6 Mn by 2026
According to a new market report titled Procurement Outsourcing Services Market -Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026 published by Transparency Market Research the global procurement outsourcing services market is expected to reach US$ 8,050.6 Mn by 2026, from US$ 2,819.2 Mn in 2017, expanding at a CAGR of 12.7% from 2018 to 2026. According to the report, the global market is expected to continue
Light Sensor Market - Increasing Demand For The Smart Home Technology is Expecte …
According to a new market research report pertaining to the light sensor market, published by Transparency Market Research the global light sensor market is expected to reach value of US$ 2,435.9 Mn by 2027, expanding at a CAGR of 8.2% from 2019 to 2027. According to the report, the market would continue to be influenced by a range of macroeconomic and market-specific factors. In terms of demand, Asia Pacific would
More Releases for Data
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY