Data Mesh Market

IBM (US), Oracle (US) and Informatica (US) are leading players in Data Mesh Market

The global data mesh market is projected to register a CAGR of 16.4% during the forecast period, reaching USD 2.5 billion by 2028 from an estimated USD 1.2 billion in 2023. Major factors to boost the market growth include the increasing need for data democratization and accessibility, tailored data pipelines driving agility and innovation, increasing adoption of cloud native technologies, and maintaining robust governance and security.

Some leading players in the data mesh market include IBM (US), AWS (US), SAP (Germany), Oracle (US), Informatica (US), K2view (US), Talend (US), Denodo (US), HPE (US), NetApp (US), Teradata (US), Monte Carlo (US), Radiant Logic (US), Snowflake (US), Google (US), Microsoft (US), Global IDs (US), Estuary (US), DataKitchen (US), Databricks (US), Cinchy (Canada), Intenda (Netherlands), Atacama (Canada), Alation (US), Collibra (US), Dremio (US), Starburst (US), Nexla (US), NextData (Australia), Hevo Data (US), Atlan (US), CluedIn (Denmark), Iguazio (Israel) and Alex Solutions (Australia). These players have adopted various organic and inorganic growth strategies, such as new product launches, partnerships and collaborations, and mergers and acquisitions, to expand their presence in the data mesh market.

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IBM

IBM, a global leader in technology and innovation, stands at the forefront of the data mesh market, leveraging its extensive expertise to redefine sustainable business practices. With a rich legacy in pioneering solutions for the digital era, IBM is committed to driving environmental stewardship and economic efficiency through cutting-edge technologies. In data mesh, IBM plays a pivotal role by offering a suite of advanced solutions designed to optimize resource utilization, minimize waste, and foster a regenerative approach to production and consumption. IBM's cloud-based offerings, such as IBM Cloud Pak for Data, incorporate capabilities that align with the decentralized and domain-oriented approach advocated by the data mesh model. These platforms often provide tools for data integration, governance, AI/ML, and analytics that can support a more decentralized data architecture like that of a data mesh.

Oracle

In the data mesh market, Oracle offers Oracle GoldenGate Platform which is a streaming data platform. Oracle GoldenGate is widely used in scenarios where organizations require real-time data replication and integration across heterogeneous systems for purposes such as data warehousing, business intelligence, disaster recovery, and ensuring data consistency across different operational environments. Oracle's cloud services, including Oracle Cloud Infrastructure and Oracle Cloud Applications, have gained significant traction, enabling businesses to modernize their IT infrastructure and drive digital transformation. With a commitment to innovation and customer success, Oracle continues to be a major player in the global technology landscape.

Informatica

Informatica stands out as a major player in the data management and integration domain, particularly excelling in the dynamic field of data mesh. Positioned at the forefront, Informatica has emerged as a leader by offering comprehensive solutions tailored for the decentralized, domain-oriented data architecture prevalent in data mesh frameworks. Their suite of tools spans data integration, governance, quality, and master data management, aligning perfectly with data mesh principles. These tools facilitate self-serve data access, scalability, and the consistent reliability of data across varied domains. Leveraging their expertise, Informatica aids organizations in implementing robust data mesh frameworks, ensuring smooth data flow while upholding crucial aspects of governance, security, and compliance. Their commitment to democratizing data access, empowering domain-specific teams, and fostering collaborative cultures resonates deeply with the fundamental principles of the data mesh approach, making Informatica an invaluable partner for enterprises navigating this transformative era of data management.

Related Reports:

Data Mesh Market by Offering (Solutions (Data Integration & Delivery, Federated Data Governance), Services), Application (Data Privacy & Customer Experience Management), Approach, Business Function, Vertical and Region - Global Forecast to 2028

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[email protected]

Data Mesh Market Size,  Share & Growth Report
Report Code
TC 8904
RI Published ON
1/9/2024
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