Fabric industry

Data fabric industry 2026 | Growth drivers and future prospects | IBM, NetApp, Oracle, Denodo Technologies

Data manufacturing industry

The Data Fabric Market report focuses on the growth prospects, restraints, and market analysis.

PORTLAND, PORTLAND, OR, USA, July 20, 2022 /EINPresswire.com/ — The increasing volume and variety of enterprise data, increasing need for business agility and data accessibility, and increasing demand for real-time streaming analytics are driving the growth of the world data fabric industry.

On the other hand, the lack of awareness associated with the fabric of data hinders growth to some extent. Nonetheless, significant data growth in developing regions is expected to create a number of opportunities for major industry players.

According to the report published by Allied Market Research, the global data fabric market was pegged at USD 812.6 million in 2018 and is projected to reach USD 4.54 billion by 2026, registering a CAGR of 23.8% 2019 to 2026. The report provides an in-depth analysis of the major investment pockets, winningest strategies, drivers and opportunities, market size and estimates, competitive landscape and changing market trends. market.

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By type, the disk-based data structure segment held the major share in 2018, generating three-fifths of the global data structure market. Growing demand for data matrix solutions among data centers and storage enterprises due to its ability to integrate and operate in a unified environment is expected to drive the growth of the segment in the global market. The in-memory data structure segment, on the other hand, would exhibit the fastest CAGR of 26.1% over the entire estimated period. This is attributed to its ability to perform parallel computations.

Based on deployment, the on-premises segment contributed nearly two-thirds of the global data structure market share in 2018 and is expected to maintain its dominance by 2026. High number of data centers drive growth of the segment. Meanwhile, the cloud segment would quote the fastest CAGR of 26.9% during the period 2019-2026. Rising adoption of cloud deployments, especially in developing countries, is fueling the growth of the segment.

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Based on geography, North America contributed more than two-fifths of the global data matrix market revenue in 2018 and is expected to retain the lion’s share by 2016. Americans are expected to adopt data matrix solutions at a high rate due to its compatible infrastructure. Simultaneously, the Asia-Pacific region would register the fastest CAGR of 26.0% during the study period. This is due to the presence of high penetration connected devices in the region.

Impact of Covid-19 on the Data Fabric Market:

• With the adoption of “work from home” approach by organizations operating in IT and other industries during lockdown, the demand for data fabric has increased significantly.

• Many organizations have undergone digital transformation to ensure business continuity and access to data from anywhere. This has increased the implementation of Data Fabric technology.

• The healthcare sector has adopted this technology at a rapid pace to perform remote monitoring and consultation of patients suffering from various conditions, as hospital and clinic visits have been restricted to extreme cases only.

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Key market players analyzed in the Global Data Factory Market report are Talend, Global IDs., Hewlett Packard Enterprise Company, Splunk Inc., Denodo Technologies, IBM Corporation, Oracle Corporation, NetApp, SAP SE and Software AG . These market players have adopted different strategies including partnership, expansion, collaboration, joint ventures and others to enhance their status in the industry.

Key Benefits for Data Fabric Market:

• This study includes market analysis, trends and future estimates to determine impending pockets of investment.

• The report presents information related to key market drivers, restraints and opportunities.

• Data Fabric Market forecast is quantitatively analyzed from 2018 to 2026 to highlight the financial proficiency of the industry.

• Porter’s Five Forces analysis illustrates the power of buyers and suppliers in the data structure market.

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Finally, this report provides market insights in the most comprehensive way. The structure of the report has been kept to provide maximum business value. It provides essential insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those looking to enter the market.

Related report:

1. Data Catalog Market

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Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market areas.

Pawan Kumar, CEO of Allied Market Research, leads the organization in delivering high quality data and insights. We are in professional business relationship with various companies. It helps us to extract market data which helps us to generate accurate research data tables and confirm utmost accuracy in our market predictions. All data companies in the domain are affected. Our secondary data sourcing methodology includes in-depth insights presented in the reports we publish, drawn from primary interviews with senior online and offline research leaders and discussions with relevant industry professionals and analysts.

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