Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Are The Future Projections And Historic Growth Rates For The Global Data Fabric Market?
The data fabric market size has grown exponentially in recent years. It’s expected to grow from $2.73 billion in 2024 to $3.36 billion in 2025 at a compound annual growth rate (CAGR) of 23.2%. The growth in the historic period can be attributed to real-time data requirements, digital transformation initiatives, data governance and compliance, increasing data volumes, and data complexity.
The data fabric market is further projected to grow to $8.98 billion in 2029 at a compound annual growth rate (CAGR) of 27.8%. The growth in the forecast period can be attributed to advanced data security measures, graph database integration, augmented data management, exponential data growth in industries, and data mesh architecture. Major trends in the forecast period include hybrid and multi-cloud adoption, data integration and interoperability, real-time data processing and analytics, self-service data management, metadata management and cataloging, and edge computing integration.
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What Are The Major Growth Drivers Of The Data Fabric Market?
The rising demand for cloud computing is expected to propel the growth of the data fabric market going forward. Cloud computing technology enables the delivery of various computing services over the internet and is used by organizations and individuals to invest in and manage physical hardware and software infrastructure. Data fabric maintains data security and compliance across cloud services. For instance, in January 2023, according to Google LLC, 76% of people used the public cloud in 2022, indicating an increase of 56% from 2021. Therefore, the rising demand for unstructured data is driving the growth of the data fabric market.
What Are The Key Segments Of The Data Fabric Market?
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, Healthcare And Pharmaceuticals, Manufacturing, Government
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Who Are The Major Players In The Data Fabric Market?
Major companies 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 Trends Are Shaping The Data Fabric Market?
Technological advancements are transforming the data fabric market. New technologies are being developed to provide better and more efficient products to customers. For instance, in May 2023, Microsoft, a US-based software company, launched Microsoft Fabric, an end-to-end analytics platform designed to unify diverse data management and analytical needs. This comprehensive tool integrates multiple workloads, including data integration, data science, and real-time analytics, all powered by AI. Microsoft Fabric allows users to process and visualize data seamlessly, providing over 150 connectors for diverse data sources, which enhances the efficiency and accessibility of data across organizations.
Which Regions Lead And Show Potent Growth In The Data Fabric Market?
North America was the largest region in the data fabric market in 2024. The Asia-Pacific region is expected to be the fastest-growing within 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, and Africa.
What Does The Data Fabric Market Report 2025 Offer?
Data fabric refers to a set of data services that handle data using a network-based architecture instead of point-to-point connections. It is a robust architecture, which monitors and manages the data and applications, regardless of location. Data fabric is used for data management, helping to integrate data from various sources and analyze it seamlessly in one place, providing a comprehensive view of business and customers across an organization through disparate data sets in real-time, processing automatically in an efficient manner. The Data Fabric Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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