Market Highlights

Due to the increasing emergence of cloud-based technologies and increasing demand for data protection and the emerging need for business agility and convenience, the global disk-based data fabric market is projected to witness a rapid growth during the review period. In addition , growing demand for disk-based data fabric across numerous vertical industries, such as BFSI, healthcare, engineering, retail, and IT & telecommunications, is driving global market growth. Growing adoption of virtualization and cloud storage has contributed to the need for greater data protection and is responsible for accelerating the development of the disk-based global data fabrics market. Data fabric solutions and services offer unrivaled opportunities for integrating and analyzing structured, semi-structured and unstructured data sets that might otherwise be ignored. Growing use of organized and unstructured data for processing and reducing storage costs is increasing the number of companies joining the fabric market of memory data. Not only the diversity of market data but also the volume of these data sets is rising day by day, While emerging and smart technology grow through complex market functions. Sensor data, geo-location data, machine data , social media and weblog generated data , and data from other sources are growing tremendously on a daily basis. The main factors contributing to market growth include factors like increasing volume and variety of business data. Due to the increasing need to handle different forms of business-related risks across industry verticals, use of data fabric for governance , risk, and enforcement management is expected to increase dramatically in the coming years. On the other hand, lack of integration with legacy systems may hinder the growth of the market.

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Disk Based Data Fabric Market Segmentation

The global disk-based data fabric market share is segmented on the basis of the organization size, application and vertical. The organization size segment is classified small and medium enterprises and large enterprises. However, the large enterprises segment is expected to hold the largest market share of the disk based data fabric market. Whereas, the small and medium enterprises segment is expected to grow at the highest rate across the globe over the forecast period. This is owing to the increasing demand for data protection services and growing need for mobility of data from small and medium enterprises segment.

Some of the prominent players in the global disk based data fabric market: 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.), Syncsort Inc. (U.S.) among others.

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Market Research Analysis

North America is estimated to account for the largest share of the market, whereas Europe market is projected to grow at the fastest rate during the forecast period. The North American market is witnessing a rapid growth due to technological advancements and increasing demand for data protection solutions across different industry verticals in this region. The U.S. holds the majority of market share both in terms of revenue as well as the the growing demand for consistent data management. Also, early adoption of data management systems in North America is likely to lead the market.

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