The Data Fabric Market is Predict to reach USD 8.86 Billion by 2031, at a CAGR of 20.7%

Data Fabric Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Data Fabric Market size is expected to reach $8.86 billion by 2031, rising at a market growth of 20.7% CAGR during the forecast period.

The Services segment is anticipating a CAGR of 21.6% during (2024 - 2031). The growing need for expert assistance in implementing, managing, and optimizing data fabric solutions drives a significant share of the services segment. Services such as consulting, system integration, support, and maintenance play a crucial role in ensuring the successful deployment and operation of data fabric platforms. Businesses rely on these services to address data complexity, compliance, and security challenges, thereby maximizing the value derived from their data fabric investments. Service providers' continuous support and tailored solutions contribute to effectively utilizing data fabric technologies.

The Disk-based Data Fabric segment is leading the Global Data Fabric Market by Type in 2023; thereby, achieving a market value of $6,827.7 million by 2031. The need for expert guidance and support in deploying and optimizing data fabric solutions drives this significant share. Professional services include consulting, implementation, training, and advisory services, which help organizations effectively integrate data fabric technologies into their existing infrastructure. Businesses rely on these services to ensure that their data fabric implementations are tailored to their needs, comply with regulatory requirements, and leverage best practices to achieve optimal performance and value.

The Customer Experience Management segment is registering a CAGR of 20.9% during (2024 - 2031). Organizations increasingly focus on enhancing customer experience to gain a competitive edge and foster customer loyalty. Data fabric solutions enable seamless integration and analysis of customer data from various touchpoints, providing a holistic view of customer interactions and preferences. This comprehensive data insight allows businesses to personalize customer experiences, predict customer needs, and improve overall satisfaction. Retail, e-commerce, and telecommunications sectors are among the key adopters of data fabric solutions for optimizing customer experience management.

The Large Enterprises segment is generating the maximum revenue in the Global Data Fabric Market by Organization Size in 2023; thereby, achieving a market value of $5.7 billion by 2031. Large enterprises often have complex data ecosystems, encompassing vast amounts of structured and unstructured data across various departments and geographic locations. The adoption of data fabric solutions in large enterprises is driven by the need to streamline data management, enhance data accessibility, and improve decision-making processes. These organizations benefit from data fabrics' scalability, security, and advanced analytics capabilities, enabling them to leverage data as a strategic asset. Key sectors such as finance, healthcare, retail, and manufacturing are significant adopters, utilizing data fabric solutions to achieve operational efficiency and maintain a competitive edge.

The Retail & Ecommerce segment is registering a CAGR of 21.2% during (2024 - 2031). Retailers and e-commerce platforms use data fabric solutions to integrate and analyze data from various sources, such as online transactions, customer feedback, and inventory systems. This integration helps optimize supply chain management, personalize customer experiences, and drive sales through data-driven marketing strategies. The competitive nature of the retail industry and the need for real-time data insights to respond quickly to market trends are significant drivers for adopting data fabric solutions in this sector.

Full Report: https://www.kbvresearch.com/data-fabric-market/

The North America market dominated the Global Data Fabric Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3.8 billion by 2031. The Europe market is expected to witness a CAGR of 20.5% during (2024 - 2031). Additionally, The Asia Pacific market is expected to witness a CAGR of 21.6% during (2024 - 2031).

List of Key Companies Profiled

• IBM Corporation
• SAP SE
• Oracle Corporation
• NetApp, Inc.
• TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
• Informatica Inc.
• Cloudera, Inc.
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Hewlett Packard Enterprise Company
• Omron Corporation

Data Fabric Market Report Segmentation

By Component

• Solutions
• Services
  • Professional Services
  • Managed Services

By Type

• Disk-based Data Fabric
• In-memory Data Fabric

By Application

• Fraud Detection & Security Management
• Customer Experience Management
• Governance, Risk, & Compliance Management
• Sales & Marketing Management & Others

By Organization Size

• Large Enterprises
• Small & Medium Enterprises (SMEs)

By Vertical

• BFSI
• Telecommunications & IT
• Retail & Ecommerce
• Healthcare
• Manufacturing
• Transportation & Logistics
• Media & Entertainment
• Other Vertical

By Geography

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Data Fabric Market Size | Analysis 2031

• January-2025
• 146 Pages

LAMEA Data Fabric Market Size, Share & Top Key Players 2031

• January-2025
• 167 Pages

Europe Data Fabric Market Size | Industry Growth Report 2031

• January-2025
• 164 Pages

Asia Pacific Data Fabric Market Size, Share & Forecast 2031

• January-2025
• 166 Pages