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Data Fabric Market projected to reach $4.2 billion by 2026, with a remarkable CAGR of 26.3%

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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The Worldwide Data Fabric Industry is Expected to Reach $4.2 Billion by 2026 at a CAGR of 26.3% from 2020

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ResearchAndMarkets.com s offering.
The global Data fabric 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 software and services.
The COVID-19 pandemic has forced businesses to find new alternatives for speedy recovery and attention to the urgent need to access enough data in crisis times. Disparate data stores hamper the efforts of business leaders to make fully informed decisions. Using a modern data architecture approach called data fabric, Ernst & Young (EY) developed Business Resiliency Data Fabric that enables access to data wherever it lives. Data fabric supports rapid technological ch ....

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