Data Fabric Market Overview, Growth, Trends, Analysis, Research Report (2021-2031)

Data Fabric Market Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Deployment (On-Premise and Cloud), Component (Software and Services), Solution (Data Discovery, Data Ingestion, Data Orchestration, Fabric Data Access, Data Management, and Fabric Management), and End User (BFSI, IT and Telecom, Retail, Healthcare and Pharmaceuticals, and Others), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPTE100000792
  • Category : Technology, Media and Telecommunications
  • No. of Pages : 150
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Data Fabric Market Growth Drivers and Opportunities by 2031

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The Data Fabric market is projected to grow from US$ 2.09 billion in 2023 to US$ 10.59 billion by 2031; it is expected to expand at a CAGR of 22.5% from 2023 to 2031. Growing demand for real-time streaming analytics is expected to be a key trend in the market.

Data Fabric Market Analysis

The data fabric offers data virtualization, allowing enterprises to implement seamless access to data while making it accessible to everyone. With the implementation of data fabric, business users can access data with minimal IT participation, resulting in a faster and easier environment for data access and exchange. A well-designed logical data fabric centralizes essential security and data management. Thus, the data fabric market is expected to grow during the forecast period.

Data Fabric Market Industry Overview

Data Fabric is a comprehensive data integration and management system that includes architecture, data management and integration tools, and shared data to assist enterprises in managing their data. A data fabric delivers a single, consistent user experience and real-time data access to every member of an organization's global network. Data fabric is intended to assist enterprises in solving complex data problems and use cases by managing data across a variety of applications, platforms, and locations. Data fabric provides frictionless access and data sharing in a dispersed data environment.

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Data Fabric Market: Strategic Insights

data-fabric-market
Market Size Value inUS$ 1,241.04 million in 2021
Market Size Value byUS$ 2,466.12 million by 2028
Growth rateCAGR of 10.3% from 2021-2028
Forecast Period2021-2028
Base Year2021
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Data Fabric Market Driver and Opportunities

Increasing Volume of Data to Favor Market Growth

Any data-centric organization requires a comprehensive approach that addresses time, space, various software types, and data locations. Data must be available to those who require it rather than being hidden behind firewalls or scattered across multiple places. Businesses require a safe, efficient, consistent, and future-proof data solution to improve their operational efficiency. Thus, the demand for data fabric is expected to grow during the forecast period.

Growing Usage of Machine Learning (ML)

ML algorithms may monitor data pipelines and suggest relevant linkages and integrations. These algorithms extract information from data as it is linked to the data structure, review all business data, and find relevant linkages and correlations. Providing data is one of the most time-consuming aspects of training an ML model. The Data Fabric design makes ML models more efficient by lowering data preparation time. It also improves the usability of prepared data in various applications and models. Companies distribute data on-premises, in the cloud, and in IoT. The data structure enables restricted access to safe data and enhances ML processes. Thus, the application of ML in data fabric is expected to fuel market growth during the forecast period.

Data Fabric

Market Report Segmentation Analysis

The key segments that contributed to the derivation of the Data Fabric market analysis are coverage by deployment, component, solution, and end user.

  • By deployment, the market is divided into on-premise and cloud. The cloud segment led the market in 2023.
  • Based on components, the market is divided into software and services
  • Based on the solution, the market is divided into data discovery, data ingestion, data orchestration, fabric data access, data management, and fabric management and
  • On the basis of end users, the market is divided into BFSI, IT and telecom, retail, healthcare and pharmaceuticals, and others

Data Fabric Market Share Analysis By Geography

Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.

North American region held a prominent share of the data fabric market in 2023 and is expected to grow at a substantial CAGR during the forecast period. This growth may be attributed to the presence of numerous market platers and early adoption of technological adoption. Further, the Asia Pacific region is expected to grow at the fastest CAGR during the forecast period. This growth may be attributed to the increasing number of data centers and increasing digitization.

Data Fabric Market Report Scope

Data Fabric Market News and Recent Developments

The Data Fabric market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Data Fabric Market are listed below:

  • LigaData, a leading vendor in the telecom technology landscape, is revolutionizing the telecom data analytics industry with the launch of its new LigaData Telecom Data Fabric 4.0 and LigaData Telecom AI Apps. These new products enable Telcos and Communications Service Providers in their initiatives to transform their businesses from being traditional Telcos into agile data and AI-driven Techcos while driving revenue growth, retaining market share, and enhancing customer experience. (Source: LigaData, Press Release, February 2024)

Data Fabric Market Report Coverage & Deliverables

The Data Fabric market forecast is estimated based on various secondary and primary research findings, such as key company publications, association data, and databases. The market report "Data Fabric Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-

  • Data Fabric Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Data Fabric Market trends, as well as market dynamics such as drivers, restraints, and key opportunities
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Data Fabric Market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
  • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the Data Fabric Market
  • Detailed company profiles.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Deployment, Component, Solution and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


What is the expected CAGR of the Data Fabric market?

The global Data Fabric market was estimated to grow at a CAGR of 22.5% during 2023 - 2031.

What are the future trends of the Data Fabric market?

Growing demand for real-time streaming analytics is the major trend in the market.

What are the deliverable formats of the Data Fabric market report?

The report can be delivered in PDF/PPT format; we can also share an Excel dataset based on the request.

Which are the leading players operating in the Data Fabric market?

Denodo Technologies, IBM Corporation, Informatica Corporation, K2View, NetApp, Inc., Oracle Corporation, SAP SE, Software AG, Teradata, and Hewlett Packard Enterprise Development LP (HPE) are the major market players.

What are the options available for the customization of this report?

Some of the customization options available based on the request are additional 3–5 company profiles and a country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.

What are the driving factors impacting the Data Fabric market?

The increasing volume of data and the need for business accessibility are the major factors that drive the global Data Fabric market.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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