The US market dominated the North America Data Fabric Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $2.28 billion by 2031. The Canada market is experiencing a CAGR of 22.3% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 21.4% during 2024-2031.
The rapid evolution of data technologies and the exponential growth in data volume, velocity, and variety have made managing and utilizing data a significant challenge for organizations. In this context, data fabric has emerged as a groundbreaking solution that provides a comprehensive and integrated approach to data management.
Additionally, by offering a unified, intelligent, and automated data platform, data fabric enables businesses to efficiently manage their data across a distributed and often complex IT infrastructure. “Data fabric” refers to a cohesive architecture and framework that connects and integrates various data environments, such as on-premises, hybrid, multi-cloud, and edge computing.
The data fabric market, which facilitates seamless data management across disparate environments, is poised for growth in regions like Canada and Mexico, driven by rising digitalization in e-commerce and telecommunications. Both nations are experiencing rapid advancements in these sectors, leading to an increased demand for data integration, real-time analytics, and scalable data solutions, all of which are core components of data fabric architecture.
List of Key Companies Profiled
- IBM Corporation
- SAP SE
- Oracle Corporation
- NetApp, Inc.
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
- Informatica Inc.
- Cloudera, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Hewlett Packard Enterprise Company
- Omron Corporation
Market Report Segmentation
By Component
- Solutions
- Services
- Professional Services
- Managed Services
By Type
- Disk-based Data Fabric
- In-memory Data Fabric
By Application
- Fraud Detection & Security Management
- Customer Experience Management
- Governance, Risk, & Compliance Management
- Sales & Marketing Management & Others
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Vertical
- BFSI
- Telecommunications & IT
- Retail & Ecommerce
- Healthcare
- Manufacturing
- Transportation & Logistics
- Media & Entertainment
- Other Vertical
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Companies Mentioned
- IBM Corporation
- SAP SE
- Oracle Corporation
- NetApp, Inc.
- TIBCO Software, Inc. (Vista Equity Partners Management, LLC)
- Informatica Inc.
- Cloudera, Inc.
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- Hewlett Packard Enterprise Company
- Omron Corporation
Methodology
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