Data Mesh Market Size, Share, and Trends by 2030
The Data Mesh Market size is projected to reach US$ 4.27 billion by 2030 from US$ 1.28 billion in 2022. The market is expected to register a CAGR of 16.3% in 2022–2030. Increasing adoption of hybrid and multi-cloud environments is likely to remain key data mesh market trends.
Data Mesh Market Analysis
The increasing investment in AI, ML, IoT, and big data analytics tools and technologies is driving the data mesh market. Moreover, the rising adoption of data integration and delivery solutions among consumers across the globe is expected to create opportunities for the data mesh market growth during the forecast period.
Data Mesh Market Overview
Data mesh is a decentralized data architecture that focuses on improving data management and accessibility within organizations. The data mesh architecture is used to enhance data quality, analysis, and decision-making, which increases its demand among businesses across the globe. Data mesh solutions successfully respond to the evolving demands of businesses that are looking for creativity and innovation, informed decision-making, and flexibility in a data-driven environment.
Data Mesh Market Drivers and Opportunities
Growing Demand for Democratization and Accessibility Among Businesses Propelling Data Mesh Market Growth
The growing demand for data democratization and accessibility among businesses is driving the data mesh market. Data democratization and accessibility require data mesh architecture for managing large amounts of data is fueling the market. Data mesh architecture signifies a change by providing various stakeholders quick access to accurate and pertinent data within the businesses. Many businesses across the globe are dismantling conventional methods of storing large data by creating an atmosphere where varied teams can freely access, understand, and use data that is pertinent to their goals and responsibilities, which increases the adoption of a democratized approach and drives the data mesh market. Furthermore, this democratized approach facilitates faster decision-making by enabling instant access to contextualized and real-time data and encouraging collaboration among teams and businesses.
The growing demand for data mesh strategies among businesses and their increasing adoption worldwide are fueling the market growth. Data mesh strategies promote a culture of team-based data ownership and accountability, which stimulates creativity and boosts the productivity of businesses. These strategies allow businesses to structure data into manageable and self-service domains. This process ensures that users can easily access, understand, and use the data. Additionally, the rising demand for data mesh solutions among businesses for managing and handling data of different domains is driving the market during the forecast period.
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Data Mesh Market: Strategic Insights
Data Mesh Market
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![CAGR](https://www.theinsightpartners.com/assets/images/rd_int_img/cagr.png)
CAGR (2022 - 2030)
16.3%
-
Market Size 2022
US$ 1.28 Billion
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Market Size 2030
US$ 4.27 Billion
Market Dynamics
GROWTH DRIVERS
- Growing Demand for Democratization and Accessibility Among Businesses, Growing Demand for Data Integration and Delivery Solution
FUTURE TRENDS
- Increasing Adoption of Hybrid and Multi-Cloud Environments
OPPORTUNITIES
- Unlocking Fine-Grained Supervision for Data Governance and Integration with Cloud-Native Technologies
Key Players
- Microsoft Corp
- Amazon Web Services Inc
- Alphabet Inc
- Oracle Corp
- International Business Machines Corp
- SAP SE
- Snowflake Inc
- K2view Ltd
- Denodo Technologies Inc
- Informatica Inc
Regional Overview
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- South and Central America
Market Segmentation
Solution
- Data Integration and Delivery
- Federated Data Governance
- Data Operations
- Data Transformation and Orchestration
- Others
Deployment
- On-Premise and Cloud
Application
- Customer Experience Engagement
- Data Privacy Management
- IoT Monitoring
- Others
Industry Vertical
- BFSI
- Retail & E-Commerce
- IT & Telecom
- Healthcare
- Government and Public Sector
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Data Mesh Market: Strategic Insights
-
CAGR (2022 - 2030)16.3% -
Market Size 2022
US$ 1.28 Billion -
Market Size 2030
US$ 4.27 Billion
![The Insight Partners - Logo](https://www.theinsightpartners.com/assets/images/rd_int_img/tip-logo.jpg)
Market Dynamics
- Growing Demand for Democratization and Accessibility Among Businesses, Growing Demand for Data Integration and Delivery Solution
- Increasing Adoption of Hybrid and Multi-Cloud Environments
- Unlocking Fine-Grained Supervision for Data Governance and Integration with Cloud-Native Technologies
Key Players
- Microsoft Corp
- Amazon Web Services Inc
- Alphabet Inc
- Oracle Corp
- International Business Machines Corp
- SAP SE
- Snowflake Inc
- K2view Ltd
- Denodo Technologies Inc
- Informatica Inc
Regional Overview
![Regional Overview](https://www.theinsightpartners.com/assets/images/rd_int_img/ig-regional.png)
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- South and Central America
Market Segmentation
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_danger.png)
- Data Integration and Delivery
- Federated Data Governance
- Data Operations
- Data Transformation and Orchestration
- Others
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- On-Premise and Cloud
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_primary.png)
- Customer Experience Engagement
- Data Privacy Management
- IoT Monitoring
- Others
![Market Segment](https://www.theinsightpartners.com/assets/images/rd_int_img/cust_bullet_warning.png)
- BFSI
- Retail & E-Commerce
- IT & Telecom
- Healthcare
- Government and Public Sector
- Others
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Data Mesh Market Report Segmentation Analysis
Key segments that contributed to the derivation of the data mesh market analysis are solution, deployment, application, and industry vertical.
- Based on solution, the data mesh market is divided into data integration and delivery, federated data governance, data operations, data transformation and orchestration, and others. The data integration and delivery segment held a larger market share in 2023.
- Data integration and delivery solutions are used to combine data from various sources, which increases its adoption among businesses for managing their human resources, financial & accounting, supply chain, and other functions.
- The growing demand for data integration and delivery solutions among businesses to ensure the accuracy and consistent availability of data for users is driving the market for the segment.
Data Mesh Market Share Analysis by Geography
The geographic scope of the data mesh Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America.
In terms of revenue, North America dominated the data mesh market share. The North America data mesh market is segmented into the US, Canada, and Mexico. The region contributes a notable share in the expansion of the global data mesh market trends owing to the high adoption and investments in big data technology in the region. The market in the US is anticipated to expand during the forecast period due to the presence of key market players such as Microsoft Corp, Amazon Web Services Inc, Alphabet Inc, Oracle Corp, International Business Machines Corp, Snowflake Inc, K2view Ltd, Denodo Technologies Inc, and Informatica Inc. These players are continuously engaged in developing new advanced technologies and signing partnership agreements to attract customers worldwide. For instance, in April 2023, International Business Machines Corp partnered with Siemens AG to develop an integrated software solution. This partnership helps both companies strengthen their long-standing collaboration to develop an integrated software solution for managing large amounts of data. Moreover, the increasing demand for advanced technologies such as AI and big data analytics is anticipated to contribute to the growing data mesh market size in North America during the forecast period.
Data Mesh Market News and Recent Developments
The Data Mesh Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:
- In December 2023, International Business Machines Corp’s Cloud Pak for Data team announced the general availability of Cloud Pak for Data (CPD) version 4.8. The updated version of Cloud Pak for Data (CPD) 4.8 focuses on serviceability for enhancing the management and maintenance of the CPD Platform and services. Version 4.8 also offers a wide range of capabilities that provide more information about the platform and proactively ensure a stable environment for CPD production workloads. (Source: International Business Machines Corp, Press Release/Company Website/Newsletter, 2023)
- In September 2023, Oracle Corp and Microsoft Corp expanded their partnership by launching Oracle Database Azure, a new solution that delivers Oracle Database services at Azure data centers. Oracle Database Azure provides users the benefits of direct access to Oracle database services running on Oracle Cloud Infrastructure (OCI) and deployed in Azure datacenters. This provides customers with more flexibility in running and managing their workloads. (Source: Oracle Corp, Press Release/Company Website/Newsletter, 2023)
- In June 2023, Informatica Inc launched the intelligent data management (IDMC) cloud in the Amazon Web Services (AWS) Japan region to support its customers in data-led cloud modernization. The IDMC supports Informatica Inc in accessing, managing, and accelerating data transformation for business insights by complying with the data residency requirements of its customers in the country. (Source: Informatica Inc, Press Release/Company Website/Newsletter, 2023)
Data Mesh Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 1.28 Billion |
Market Size by 2030 | US$ 4.27 Billion |
Global CAGR (2022 - 2030) | 16.3% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Solution
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
|
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
Data Mesh Market Report Coverage and Deliverables
The “Data Mesh Market Size and Forecast (2022–2030)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
Solution, Deployment, Application, and Industry Vertical
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global market size of data mesh market by 2030 will be around US$ 4.27 billion
The US, Germany, and the UK are expected to register high growth rate during the forecast period
The data mesh market is expected to register an incremental growth value of US$ 2.99 billion during the forecast period
Asia Pacific is expected to register highest CAGR in the data mesh market during the forecast period (2022-2030)
The estimated global market size for the data mesh market in 2022 is expected to be around US$ 1.28 billion
Cloud segment is expected to hold a major market share of data mesh market in 2022
The US is expected to hold a major market share of data mesh market in 2022
Microsoft Corp, Amazon Web Services Inc, Alphabet Inc, Oracle Corp, International Business Machines Corp, SAP SE, Snowflake Inc, K2view Ltd, Denodo Technologies Inc, and Informatica Inc are the key market players expected to hold a major market share of data mesh market in 2022
Increasing adoption of hybrid and multi-cloud environments are anticipated to play a significant role in the data mesh market in the coming years.
Growing demand for democratization and accessibility among businesses and growing demand for data integration and delivery solution among enterprises are the major factors that propel the data mesh market.
The List of Companies – Data Mesh Market
- Microsoft Corp
- Amazon Web Services Inc
- Alphabet Inc
- Oracle Corp
- International Business Machines Corp
- SAP SE
- Snowflake Inc
- K2view Ltd
- Denodo Technologies Inc
- Informatica Inc