Data Fabric Market projected to reach $4.2 billion by 2026, with a remarkable CAGR of 26.3%
iCrowd Newswire
According to a new market research report Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region - Global Forecast to 2026″, published by MarketsandMarkets, the market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 26.3% during the forecast period. Various factors such as increasing volume and variety of business data, emerging need for business agility and accessibility, and growing demand for real-time streaming analytics are expected to drive the adoption of the data fabric solutions and services.
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