Global Data Fabric Market is Growing at a Significant Rate in The Forecast Period 2018-2025


Global Data Fabric Market is expected to reach USD 3,122.84 million by 2025 from USD 617.30 million in 2017, at a CAGR of 25.1% in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.Global Data Fabric MarketAccess Full Report: http://databridgemarketresearch.com/reports/global-data-fabric-market/

Segmentation: Global Data Fabric Market

Global Data Fabric Market, Component (software and services{managed and professional}), Type (Disk base data fabric, In-memory based data fabric), Application (Fraud Detection And Security Management, Governance, Risk, And Compliance Management, Customer Experience Management, Sales And Marketing Management, Business Process Management), Deployment Model (On-premises, On-demand), Organization size (Large Enterprises, Small-Sized Enterprises, Medium-Sized Enterprises), Vertical (Banking, Financial Services, And Insurance, Telecommunications And IT, Retail And Ecommerce, Healthcare And Life Sciences, Manufacturing, Government, Energy And Utilities, Media And Entertainment And Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)– Industry Trends and Forecast to 2025

Drivers: Global Data Fabric Market

The major factors contributing to the growth of the market includes factors such as increasing volume and variety of business data. On the other hand, lack of integration with legacy systems may hinder the growth of the market.

INCREASING VOLUME AND VARIETY OF BUSINESS DATA

Enterprises are seeking ways to manage increasing business data by taking advantage of technology trends with cloud, object storage, open source, converged infrastructures, virtualization, flash, containers, and software-defined storage. Platforms such as, hybrid cloud deployment models, big data fabric are the majorly used resources for enterprises. To overcome with the challenge of managing huge amount of data in enterprises; platform such as big data has been introduced. For instance, According to an article published in Simplilearn, it has been estimated in 2012, that about 58.0% of companies invested on big data.

Usually, most of the organizations adopt big data to reduce cost, making existing process more efficient. The generation of huge amount data has increased the risk for data breach which has resulted in increased the concern over enhancing security. Big data is widely applicable in various industries such as in banking and securities in order to manage the business data and catching illegal trading activity in the financial markets.

Similarly, big data is used in healthcare sector where it mostly focuses on managing huge amount of data. Huge demand has taken place to manage data due to increase volume and variety business data

GROWING DEMAND FOR REAL-TIME STREAMING ANALYTICS

Real-time streaming analytics is the process by which big volumes of data are processed quickly such that a firm extracting the info from that data can react to changing conditions in real time. It is widely applicable in e-commerce, network monitoring, risk management, fraud detection and pricing and analytics.

Many streaming flow engine are available for the streaming process such as Apache Flink, Storm, Kinesis, Samza, Kafka and among others. The real-time analytics need platform which includes google cloud platform, Hadoop technology, big data fabric and others.

The huge volume of data which needs to be stored and analyzed in real-time streaming analytics requires a platform on which the processing of data is done for interpretation. Data fabric is the platform used in real-time streaming analytics. Thus the increasing demand for real-time straming will lead to use of data fabric as platform which will fuel the growth of the market

Major Players: Global Data Fabric Market

Some of the major players operating in this market are Atotech, Chemetall GmbH, Houghton International Inc., Coventya International, Uyemura & Co., Ltd., McGean-Rohco, Inc., Raschig GmbH, Wuhan Jadechem International Trade Co., Ltd. , Grauer & Weil India Ltd., Henkel AG &Co. KGAA, Quaker Chemical Corporation    among others.


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