Data fabric, also known as Enterprise Data Fabric (EDF) or in-memory
data grid, is a memory-based, distributed data managing platform that
utilizes cluster-wide resources such as CPU, memory, local disk and
network bandwidth in order to achieve application logic and
application data. Data Fabric uses dynamic data partitioning and
replication techniques to provide constant availability, linear
scalability, and high performance for rigorous data applications. The
data fabric offers all these without compromising the data
consistency at any situation. Logic execution of applications can be
parallelized by moving application logic to the data nodes or vice
versa. Moreover, clients can pitch in to data changes in the data
fabric for reliable and asynchronous event notifications.
Obtain Report
Details @
The major factors driving the data fabric market include rising
variety and volume of business data, emergent need for business
accessibility and agility, and increasing demand for real-time data
analytics. Moreover, the data fabric market is emerging rapidly owing
to the alteration from customary data management techniques to
innovative techniques and massive increase in the flow of flowing
structured as well as unstructured data.
However, data loss and high installation cost may hinder the growth
of the market in the coming years. However, increasing adoption of
cloud as well as massive increase in data spending by organizations
around the world are likely to drive the global data fabric market
during the forecast period.
The global data fabric market can be segmented by component, type,
deployment model, organization size, application and geography. By
component the market is bifurcated into software and services. On the
basis of type of data fabric, the global market is segmented into
disk-based data fabric and in-memory data fabric. By deployment
model, the data fabric market can be segregated into on-premises and
on-demand. Companies are deploying data fabric solutions rapidly
either on on-demand or on their premises. The adoption of cloud-based
or on-demand data fabric solutions is growing owing to its
time-efficient and cost-effective characteristics. Its growth is
primarily high in SMEs or Small and Medium-sized Enterprises, where
cost is an important factor and economical solutions are desired.
Based on organization size the overall market is divided into large
enterprises and small and medium-sized enterprises. By application,
the global data fabric market can be segmented into banking,
financial services, and insurance, telecommunications and IT, retail
and ecommerce, healthcare and life sciences, manufacturing,
government, energy and utilities and media and entertainment among
others. The BFSI or Banking, Financial Services, and Insurance
segment is likely to account for the maximum share of the global data
fabric market in 2016. The growth of this segment is driven by the
rising need of the customers to simplify their security related
workload and their growing dependence on data that is generated from
a variety of IT systems primarily used for financial transactions.
The manufacturing segment is likely to rise at the maximum CAGR owing
to the rising demand for managing data that comes from numerous IT
systems and other connected machines, including supply chain
management.
By geography, the global data fabric market can be segmented into
North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa. The North America region followed by Europe accounted for the
maximum share of the global data fabric market in 2016. This is
majorly due to the developed economies such as the U.S. and Canada.
In these countries, there is a heightened focus on innovations and
technological developments obtained from the cutting-edge
technological advancements and availability of strong research and
development resources.
Fill the form for
an exclusive sample of this report @
Key players operating in the global data fabric market are Denodo
Technologies (California), International Business Machines
Corporation (The U.S.), Oracle Corporation (The U.S.), Informatica
(The U.S.), NetApp Inc.(The U.S.) and SAP SE (Germany). Some of the
other players operating in the market are Software AG (Germany),
VMware Inc. (The U.S.), Syncsort (The U.s), Talend S.A. (The U.S.),
Teradata Corporation (The U.S.) and Hewlett Packard Enterprise
Company (The U.S.).
About Us :
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
No comments:
Post a Comment