Disk Based Data Fabric Market Subjected to Expand to Showcase Rampant Growth by 2023
The global Disk Based Data Fabric Market is
projected to witness a rapid growth during the forecast period owing to
increasing emergence of cloud-based technologies and increasing demand for data
protection and emerging need for business agility and accessibility. Moreover,
increasing demand for disk based data fabric across various industry verticals
such as BFSI, healthcare, manufacturing, retail and IT & telecommunications
is driving the growth of the global market.
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The global disk based data fabric market
by geography is segmented into North America, Europe, Asia Pacific, and Rest of
the World. The North America market is expected to witness a significant growth
and hold the largest share of the global market during the forecast period. The
U.S and Canada are anticipated to drive the growth of the disk based data
fabric market in North America owing to the presence of large number of
established key players such as Denodo Technologies, Global IDs, IBM
Corporation, Informatica, NetApp Inc. and Oracle Corporation in this region.
Due to the sustainable and well-established economies in the region, the market
is likely to show immense growth in the coming future. Additionally, North
America also has a well-established infrastructure, which allows higher
penetration of devices and ultimately provides better connectivity. The growth
in the market is also attributed to increasing focus of business organizations
towards real time streaming analytics and growing adoption of disk based data
fabric by small and medium organizations.
The global disk based
data fabric market is projected to
reach USD 35 billion at a CAGR of over 25% by the end of the forecast period
2017-2023.
Taste
the market data and market information presented through more than 30 market
data tables and figures spread over 100 numbers of pages of the project report.
Avail the in-depth table of content TOC & market synopsis on “Disk Based
Data Fabric Market Research Report-Forecast to 2023”.
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Disk Based Data Fabric Market Segmentation
The
global disk based data fabric market 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.
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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