According to recent findings, the Global Data Fabric Market is projected to grow at a CAGR of around 25.5% during the forecast period, i.e., 2023-28.

At MarkNtel Advisors, we continuously monitor and analyze industry trends to provide reliable insights that support informed decision-making and the key factors contributing to the market's promising outlook.

Data Fabric Overview:

Over the past few years, data generation has surged due to the increasing penetration of the internet and the revolution in the digital world. Companies are compelled to retain information and expertise from diverse distant sources. Therefore, providing quick access to the data over vast terrains creates several challenges for data management providers.

Given the difficulty of data management and data integration stemming from the dispersion and variety of their corporate data assets, businesses are more likely to embrace innovative methods to streamline their data in the future. As such, a million dollars have been invested globally in big data analytics from both public and private sources.

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Data Fabric Outlook and Future Trends :

Growing Appetite for Bringing Multi-Cloud Environments Together - Organizations using a hybrid or multi-cloud system may rely upon the platform, environment, and multi-cloud agnostic characteristics of data fabrics. Because, they work with practically all technological stack building blocks, moving data back and forth between platforms is simple and frictionless. As a result, businesses using multi-cloud platforms like AWS, Azure, and Google Cloud Platform (GCP) may easily and quickly design their architecture. Thus, with outstanding potential to integrate multi-cloud environments, they have gained traction in recent years.

Global Data Fabric Segmentation Analysis:

By Type

• Disk Based
• In-Memory

By Organization Type

• Large Enterprise
• Medium-Sized Enterprise
• Small- Sized Enterprise

By Deployment Model

• On-Premise
• On- Demand

By Components

• Software
• Services
  • Managed Services
  • Professional Services

By Business Application

• Fraud Detection and Security Management
• Governance, Risk, and Compliance Management
• Customer Service Management
• Sales and Marketing Management
• Business Process Management
• Others

According to reports,Among all, Fraud Detection and Security Management acquired a significant market share in the historical period owing to the rising inflow and outflow of business data. 

By Industry Verticals

• Banking, Financial Services and Insurance
• Telecommunication and IT
• Retail and E-Commerce
• Healthcare and Life Sciences
• Manufacturing
• Government
• Energy and Utilities
• Media and Entertainment
• Others

According to reports,The Banking, Financial Services, And Insurance (BFSI) Sector captured the major market share owing to the surging e-banking services in the historical years. 

By Region

• North America
• South America
• Asia-Pacific
• Europe
• Middle East Africa.

According to reports, North America has been the focal point of the Global Data Fabric market, with many businesses providing data management solutions in the USA, for the past few years. 

For deeper insights into the market, explore the summary of the research report – https://www.marknteladvisors.com/research-library/global-data-fabric-market.html

Some of the Market players in the Global Data Fabric are:

• Denodo Technologies
• Global IDS
• IBM Corporation
• Informatics
• NetApp Inc
• Oracle Corporation
• SAP SE
• Software AG
• Splunk, Inc.
• HP Enterprise Company
• Others.

Data Fabric Recent Development:

• In March 2023, SAP SE Software AG announced SAP Datasphere, a comprehensive data service built on the SAP Business Technology Platform (SAP BTP) that facilitates every data professional to deliver seamless and scalable access to mission-critical business data:

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share Future Projections – Understand the current market dimensions and forecasted growth trajectory.
• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
• Company Strategies Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
• Key Stakeholders Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
• Import Export Dynamics – Analyze global trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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