Data Fabric Market Research Report
Growth opportunities in the Data Fabric Market look
promising over the next six years. This is mainly due to the emerging demand
for business agility, providing opportunities to integrate and process data and
rising volume and variegation of business data.
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Data Fabric Market Dynamics (including
market size, share, trends, forecast, growth, forecast, and industry analysis)
Key
Drivers
The augmenting extensiveness and diversity of business data,
transpiring demand for business action, and the surging demand for real-time
streaming analytics are some of the prominent drivers supplementing the growth
of the global data
fabric market. Also, these solutions and services provide enormous
opportunities to incorporate and process the structured, semi-structured, and
unstructured data sets. The emergence of disruptive technologies has expanded
the variety and volume of data sets. The extensive implication of sensor,
geo-location, machine, and data produced from different social media platforms
has raised the apprehension towards storing and gaining knowledge. In
accordance with the survey of Domo's Eighth-Annual Data Never Sleeps graphic
published in 2020, users spend USD 1 million online, make 1.4 million video and
voice calls, forward 150,000 messages on Facebook, and watch 404,000 hours of
video on Netflix every single minute of each day.
In addition, the widespread outbreak of the coronavirus
pandemic has impelled organizations to discover new substitutes for quick
recovery and attention towards an immediate need to acquire enough data during
crisis times. Ernst & Young (EY) launched Business Resiliency Data Fabric
that allows access to data wherever it is stored., Denodo, in 2020, introduced
the Coronavirus Data Portal (CDP) to help alleviate the consequences of a novel
COVID-19, which capitalizes data virtualization to unite important datasets
originally exposed to different formats from various sources and countries and
make the consolidated data available to the public. Applying the CDP and the
data virtualization facilities of the Denodo Platform, pmOne established
detailed reports and AI analysis, immaculately arranging all the information
streams in the pmOne Share Cockpit. The collaboration of Denodo and pmOne
offered the global community reliable and accurate data about COVID-19 that can
be utilized to bring down new intelligence and minimize its influence. Grocery
stores have acquired online ordering, schools and universities have shifted to
100% online lectures. Hence, these approaches have raised the volume and
variety of business data, demand for business dexterity and data availability,
and real-time streaming analytics are promoting market growth. However, the
restraining factor curbing the market share is the complicated organizational
culture, based upon storing and analyzing business data using conventional
techniques, like data warehouses and data marts. Moreover, traditional systems
with poor interfaces, insufficient documentation, and unskilled IT team are
also hindering data fabric market share.
Data
Fabric Market’s leading Manufacturers:
·
Talend
·
Software AG
·
Oracle
·
Informatica
·
Global IDs.
·
Splunk Inc.
·
SAP SE
·
NetApp
·
IBM Corporation
·
Denodo Technologies
Data Fabric Market Segmentation:
Segmentation by Component
·
Software
·
Services
o
Managed services
o
Professional services
o
Consulting
o
Integration
o
Support and Maintenance
Segmentation by Data Fabric Type
·
Disk-based data fabric
·
In-Memory data fabric
Segmentation by Business Application
·
Fraud Detection and Security Management
·
Governance, Risk and Compliance Management
·
Customer Experience Management
·
Sales and Marketing Management
·
Business Process Management
·
Other
Segmentation by Deployment Mode
·
Cloud
·
On-premises
Segmentation by Organization Size
·
Large enterprises
·
Small and medium-sized enterprises (SMEs)
Segmentation by Vertical
·
BFSI
·
Telecommunications and IT
·
Retail and E-Commerce
·
Healthcare and Life Sciences
·
Manufacturing
·
Government
·
Energy and Utilities
·
Media and Entertainment
·
Other
Segmentation by Region:
·
North America
o
United States of America
o
Canada
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
RoW
o
Brazil
o
South Africa
o
Saudi Arabia
o
UAE
o
Rest of the world (remaining countries of the
LAMEA region)
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