What is Data Fabric Market?
Data fabric is a platform of data management which is used for integrating real time and historical data in an efficient manner. It connects the data storage resources like cloud and on premises. Moreover, data fabric is used for reconstructing the unstructured data into the structured form. It is implemented in various sectors such as retail & e commerce, health care, telecommunication & banking, and financial services. These wide range of applications is increasing the demand of the data fabric.
The market study is being classified by Type (Disk-Based and In-Memory), by Application (Fraud Detection and Security Management, Customer Experience Management, Business Process Management and GRC Management) and major geographies with country level break-up.
IBM (United States), Denodo Technologies (United States), Global IDS (United States), Informatica (United States), NetApp (United States), Oracle Corp (United States), SAP SE (United States), Software AG (Germany), Splunk (United States) and Syncsort (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Talend (United States), VMware (United States), Hewlett Packard Enterprise (United States), Teradata Corp (United States) and K2View (Israel).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Data Fabric market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Data Fabric market by Type, Application and Region.
On the basis of geography, the market of Data Fabric 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Volume Unstructured and Structured Data
- Emerging Need of Agility and Accessibility
Restraints
- Lack of Awareness about Data Fabric
Opportunities
- Better Generation on Return on Investment
- Growing Usage of on Cloud Storage
- Inclination towards the Investments in New Technology
Challenges
- Lack of Skilled Professionals
Market Leaders and some development strategies
In October 2018, IBM has agreed to acquire Red Hat to diversify the technology hardware and consulting business into the higher margin products.
In September 2019, SWIM.AI has launched Data Fabric which is fully integrated with Microsoft Azure and can be deployed.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations