Data Fabric Market size is expected to grow USD 10,166.0 Mn by 2030
Description According to the Market Statsville Group (MSG), the global data fabric market size is expected to grow from USD 1,261.2 million in 2021 to USD 10,166.0 million by 2030 at a CAGR of 26.1 % from 2022 to 2030 . Data fabric is a mixed data management platform that effectively combines real-time and historical data. It is a software-enabled approach that helps businesses connect substantial storage resources (such as on-premises and cloud storage) with data management. The recent development of organized and unstructured business data across various industry verticals is likely to be an essential driver of the data fabric market over the forecast period. Execution of data fabric solutions in various sectors such as retail & e-commerce, telecommunication & banking, health care, and financial services & insurances and the growing demand for real-time running analytics are driving factors for the data fab...