About Data Fabric Software
Data Fabric Software is a data platform which integrated data from one application with other that is it combines data from different sources of an organisation in a network centric format. This allows, efficient data processing and big data analytic solutions to be applied. It creates a data ecosystem which combines data from different sources located at different locations and from different systems, to allow big data solutions to be applied. Data Fabric Software provides businesses with deeper insights and higher control over their entire data across the world. Geographically, North America is the biggest market of Data Fabric Software, although Asia Pacific has huge potential to grow with rise of emerging economies and growing adoption of digitised solutions.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Data Fabric Software is a consolidation data protection .Data fabric's benefits such as facilitating self-service data usage and interaction, automating administration, safety, and privacy enabled by active semantics Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Data Fabric Software market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
IBM (United States), NetApp, Inc. (United States), Oracle Corporation (United States), K2View (Israel), Cinchy (United States), Cambridge Semantics (United States), Teradata Corporation (United States), Denodo (United States), Hitachi Vantara (United States) and Talend (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Delphix (United States), Data.World (United States) and MarkLogic (United States).
Segmentation Overview
AMA Research has segmented the market of Global Data Fabric Software market by Type (Data Integration, Data Orchestration and Data Governance and Security), Application (Fraud Detection Security Management, Sales and Marketing Management, Governance and Compliance Management and Others) and Region.
On the basis of geography, the market of Data Fabric Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User , the sub-segment i.e. BFSI will boost the Data Fabric Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Organisation Size , the sub-segment i.e. SMEs will boost the Data Fabric Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Deployment , the sub-segment i.e. Cloud Based will boost the Data Fabric Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Use of Artificial Intelligence to Improve Decision Making Using Data Collected through Data Fabric is Trending
Market Growth Drivers:
Increase in Automation and Digitisation, Improvement s Cloud Computing Solutions Leads to the Demand of Data Fabric Software and Rising Demand for Big Data Analytics and Machine Learning has Impacted on the Demand in Positive Manner
Challenges:
Identifying Major Glitches and Bugs in the Software and Interoperability between Different Devices and Software
Restraints:
Rise in Cases of Data Breach & Cyber Attack and High Initial Setup Cost of IT Infrastructure
Opportunities:
Ongoing Adoption of Cloud Computing by SMEs and Growing Digitised Culture in Developing Countries
Market Leaders and their expansionary development strategies
In July 2022,IBM (NYSE: IBM) today announced it has acquired Databand.ai, a leading provider of data observability software that helps organizations fix issues with their data, including errors, pipeline failures and poor quality — before it impacts their bottom-line.
Key Target Audience
Data Fabric Software Developers, New Entrants/Investors, Venture Capitalists and Private Equity Firms, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.