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The Europe Data Fabric Market Size would grow at a market growth of 22.6% CAGR during the forecast period (2016-2022).
Increasing need to solve business process-related issues in real time and the need to streamline operations across industries have led to the demand for data fabrics. The demand for on-demand or cloud-based data fabric solutions has significantly grown over the years, as the cloud-based model is a cost-effective and time-efficient solution. The purpose of the data fabric is to clear the storage sprawl used by organizations to address data sprawl. Data sprawl is the result of the growing number of use cases for IT such as multiple types of databases (relational & NOSQL), unstructured data types (legacy NAS, high-performance NAS and data analytics) and the core demands of virtualization (server, desktop, and containers). Nevertheless, due to limited options, organizations are forced to buy a unique storage system for each of the use cases. Therefore, the whole exercise has resulted in unprecedented storage sprawl within data centers over the last few years. Based on the component type, the Data Fabric market is segmented into Software and Services.
The Services market is segmented into Professional and Managed Services. Professional services are further segmented into Implementation, Consulting & Training and Support & Maintenance. The Applications highlighted in this report include Governance, Risk, & Compliance Management, Fraud Detection & Security Management, Sales & Marketing Management, Business Process Management and Customer Experience Management & Others. Based on Organization size, the market is segmented into Small & Medium Sized Enterprises and Large Enterprises. Based on Type, the market is segmented into In-Memory Data Fabric and Disk-Based Data Fabric. The verticals covered under the report include BFSI, Manufacturing, Government & Defense, Energy & Utilities, Media & Entertainment, Telecom & IT, Healthcare and Life Sciences, Retail and Others.
Based on Country, Data Fabric market is segmented into Germany, UK, France, Russia, Spain, Italy and Rest of Europe. Germany remained the dominant Country in the Europe Data Fabric market in 2015. France and Russia would witness promising CAGR during the forecast period (2016-2022). The report covers the analysis of key stakeholders of the Data Fabric market. Key companies profiled in the report include Omron Corporation, International Business Machines Corporation (IBM), SAP SE, Software AG, Talend, Inc., Splunk Inc., Hewlett Packard Enterprise (HPE) and Informatica.