The growing need to simplify the integration and management of data across multiple data repositories has created a hike in the demand for disc-based data fabrics across various sectors and industries. Disc based data fabric is an architecture of data services that provide consistent capabilities across various endpoints ranging from multiple cloud-based environments to on-premises. It also helps in delivering consistent hybrid cloud data services to aid better data visibility & insights, data access & control, as well as, data protection & security.
With many organizations prioritizing data transformation using data fabrics, data has become the lifeblood of business.
Disk Based Data Fabric Market Simplifies and integrates data management to accelerate such data transformation, enable new customer touchpoints through technology, create innovative business opportunities, and to optimize operations. Enhancement of comprehensive business operations and scope for competitive advantage over peers are some of the factors contributing to the rise in the demand for disc-based data fabric solutions by organizations.
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Major Key Players:
Some of the prominent players are Denodo Technologies (U.S.), Global IDs (U.S.), IBM Corporation (U.S.), Informatica (U.S.), NetApp Inc. (U.S.), Oracle Corporation (U.S.), SAP SE (Germany), Software AG (Germany), Splunk (U.S.), Talend (U.S.), VMware Inc. (U.S.), HP Enterprises (U.S.), Teradata Corporation (U.S.), Trifacta (U.S.), and Syncsort Inc. (U.S.).
The global disk-based data fabric market is segmented on the basis of application, organization size, and vertical. Based upon the organization size, the market has been segmented into SMEs and large enterprises. Based on application, the market has been segmented into customer experience management, business process management, GRC (governance, risk management, and compliance) management, fraud detection, and security management. On the basis of vertical, the market has been segmented into BFSI (banking, financial services, and insurance), healthcare, manufacturing, IT & telecommunications, media & entertainment, and energy & utilities.
The healthcare segment is estimated to hold the largest share of the global disc-based data fabric market and is also expected to show the highest amount of growth during the forecast period. Tremendous market growth in this sector can be attributed to an exponential rise in the demand for data fabric applications to integrate, manage, and study the enormous amounts of data produced within the healthcare industry.
Detailed Regional Analysis:
The market has been regionally segmented into Asia Pacific (APAC), North America, Europe, and Rest of the World (RoW). The global market for disc-based data fabric solutions is expected to garner a 25% CAGR during the forecast period. The market of North America is estimated to garner the largest market share, followed by Europe and Asia Pacific.
Growth in the North American market can be attributed to rising technological enhancements and growing demand for real-time streaming analytics in the region. Furthermore, with a well-established infrastructure, faster implementation of advanced technologies is possible, driving the North American market. The U.S. and Canada are estimated to dominate growth in North America. The segment of Asia Pacific is projected to grow at the fastest rate during the forecast period of 2017-2023.
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Data fabric services and solutions provide unmatched opportunities to integrate and analyze structured, semi-structured and unstructured data, which would be otherwise disregarded or denied, driving the need for adoption of disc-based data fabric solutions. Various factors influencing the growing demand for disc-based data fabric technologies also include the increasing volume and variety of data, emerging need for business agility and accessibility, and growing demand for real-time streaming analytics. With opportunities such as the generation of positive ROI, increasing adoption of cloud, and the advancement of in-memory computing, the global market for disc-based data fabric solutions is projected to grow exponentially.
However, certain factors are restricting the growth of the global disc-based data fabric market, such as the lack of awareness about data fabric technology, and lack of integration of the same with legacy systems. Key players in the market might face challenges such as a declination of investment in new technologies, and lack of sufficiently skilled workforce, which might restrict the technological advancements in disc-based data fabric solutions, thus hindering market growth.
- Technology Investors
- Research/Consultancy firms
- Technology Solution Providers
- Government Bodies
- Regulatory agencies
- Cloud service providers
- System integrators
- Technology providers
Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
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List of Tables
Table 1 Global Disk Based Data Fabric Market: By Region, 2017-2023
Table 2 North America Disk Based Data Fabric Market: By Country, 2017-2023
Table 3 Europe Disk Based Data Fabric Market: By Country, 2017-2023
List of Figures
Figure 1 Global Disk Based Data Fabric Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Five Forces Analysis of Global Disk Based Data Fabric Market
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