Product ID: SQMIG45A2166
Global Data Fabric Market Size, Share, Growth Analysis, By Type(Data Fabric, Ingestible Data Fabric), By Deployment Model(On-Premises, Cloud-Based), By Application Area(Fraud Detection and Security Management, Customer Experience Management) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2166 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
96 |
Figures:
76
Global Data Fabric Market Insights
Global Data Fabric Market size was valued at USD 1.90 billion in 2022 and is poised to grow from USD 2.32 billion in 2023 to USD 11.63 billion by 2031, growing at a CAGR of 22.3% in the forecast period (2024- 2031).
In recent years, the global data fabric market has been changing consumer preferences and demands by increasingly focusing on harnessing the power of distributed data across diverse sources. It is gaining traction with the rising adoption of hybrid and multi-cloud environments, necessitating efficient data management and integration solutions. As data fabric acts as a facilitator for seamless data access and utilization the demand for real-time analytics and insights further propels the market.
Additionally, the market's expansion is aided by the increasing volume of unstructured data and the need for effective data governance. The market is poised for continued growth, offering comprehensive solutions for data integration, orchestration, and management across complex, heterogeneous environments as businesses strive for agility and data-driven decision-making.
Global Data Fabric Market Report Snapshots
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