Pune, India -- (SBWIRE) -- 09/12/2018 -- Market Highlights:

Data fabric helps organizations to tackle ever growing data. Data fabric refers to storing, processing, and analyzing of discrete data in the form of files, database tables and other different interfaces. Data fabric benefits in simplifying and integration of data across cloud and on-premise which speeds up digital transformation. It is capable of delivering cohesive cloud services for data control, protection, visibility and accessing. The rise in adoption of software bases technologies and deployment of big data fabrics across enterprises for data handling may increase the opportunity for market growth.

The ever-increasing data across organizations, and demand for real-time streaming analytics for reducing operational costs are primarily driving the market. The adoption of cloud-based services and virtualization of network infrastructure are fueling the market growth. However, the lack of awareness regarding data fabric is hampering the market growth. In the area of healthcare, data fabric has gained prominent significance by adhering internal data security policies and promote greater innovation and IT responsiveness.

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Major Key Players

SAP SE (Germany),
Informatica (U.S.),
Splunk Inc. (U.S.),
Denodo (U.S.),
Syncsort Inc. (U.S.),
IBM Corporation (U.S.),
Oracle Corporation (U.S.),
Global DS (U.S.),
Teradata Corporation (U.S.), and K2 View (U.S.) among others are profiled in Market Research Future analysis and are at the forefront of competition in the global data fabric market. The prominent vendors and new entrants are investing huge capital in research and development to innovate and expand their present product portfolio.

According to MRFR, The global Data Fabric Market is expected to grow at a CAGR of 18% over the forecast period.

Industry News

April 2018, Arista Networks Joins Fortinet Fabric-Ready Partner Program to Advance Security Automation Across Data Center and Cloud Networks. The acquisition aims at leveraging Arista's EOS with Fortinet Security Fabric for enabling scalability and cost savings by offloading the traffic from the firewall. The acquisition also aims to meet the needs of security with greater flexibility, control and automation.
April 2018, OpenContrail SDN Moves to Linux Foundation as Tungsten Fabric. Juniper networks has officially handed over its OpenContrail (Open Source software defined networking project) to Linux Foundation, with its contribution of over 100 developers to this project. The Linux Foundation has renamed the project as Tungsten Fabric.

Key Findings

In the area of healthcare, data fabric management is being widely adopted. Netapp an American multinational storage and data management company developed an application for healthcare sector. The data fabric enabled by Netapp allows healthcare organizations to adhere to internal data security policies, maintain compliance with HIPAA and HITECH requirements and promote greater innovation and IT responsiveness. It helps healthcare organizations to integrate on-premises enterprise class data management and control with flexibility, speed and economies of public cloud. Advances in technology and cloud computing provide key capabilities to help the healthcare industry redesign storage systems to keep pace with tremendous data growth in clinical data.

Regional Analysis

On the basis of region, the market is segmented into North America, Europe, Asia Pacific and rest of the world. Among these regions, North America is holding the largest market share and is expected to lead the market of data fabric in terms of market share due to the technological advancements and early adoption of data management systems. The major contributing factor towards this growth includes the growing demand for technology adoption in this region. On the other hand, Asia Pacific is expected to show the highest growth during the forecast period. However, the region is expected to face changes in the market by increasing technological adoption and creating huge opportunities across different industry verticals, especially in countries like India, China, and Taiwan.

Segmentation

The global data fabric market is segmented based on type, application, services, vertical, and region. On basis of type, the segment is further classified into disk-based and in-memory. The application segment is further classified into business process management, customer experience management, GRC (Governance, risk management, and compliance) management, fraud detection, and security management. The services segment is further classified into managed and professional services. The vertical segment is further classified into healthcare, BFSI, automotive, retail and e-commerce, media and entertainment, and energy and utilities, others.

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Intended Audience

- Software Developers
- Testing
- Government
- End-Users
- Cloud service providers
- System integrators
- Advisory firms
- Technology providers

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