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Data Fabric Market Share

Report ID: GMI10111
Published Date: Jul 2024
Report Format: PDF

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Data Fabric Market Share

IBM and AWS, Inc. together held over 15% share of the data fabric industry in 2023. IBM is a multinational technology and consulting company headquartered in Armonk, New York. Established in 1911, it is one of the world's largest and most influential tech companies, with a rich history of innovations in various fields, including computing, AI, and enterprise solutions. IBM's data fabric solutions incorporate advanced AI and Machine Learning (ML) capabilities to automate data management tasks, enhance data quality, and generate actionable insights.

AWS is a leading provider of cloud computing services, offering a comprehensive suite of cloud-based products & services including computing power, storage options, and networking capabilities. AWS plays a significant role in the market with its robust data management and integration solutions.

Data Fabric Market Companies

Major players operating in the data fabric industry are:

International Business Machines Corporation (IBM)
Amazon Web Services, Inc. (AWS)
Oracle
Hitachi Vantara
Hewlett Packard Enterprise
NetApp
Cloudera Inc.

Authors: Suraj Gujar, Rutvij Kshirsagar

Frequently Asked Questions (FAQ) :

Global industry size for data fabric was valued at USD 2.4 billion in 2023 and is anticipated to register over 30% CAGR between 2024 and 2032, driven by increasing regulations and concerns about data privacy and security and rising digitalization and integration of AI.

The solution segment in the data fabric market is expected to reach USD 10 billion by 2032, due to demand for vertical-specific solutions, real-time processing, and seamless hybrid/multi-cloud data management.

Asia Pacific market is estimated to reach USD 5 billion by 2032, owing to the accelerated digital transformation, seamless data integration, and enhanced decision-making in hybrid and multi-cloud environments.

International Business Machines Corporation (IBM), Amazon Web Services, Inc. (AWS), Oracle, Hitachi Vantara, Hewlett Packard Enterprise, NetApp, and Cloudera Inc.