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

• 
  CAGR (2022 - 2030)

  16.3%
• Market Size 2022
  US$ 1.28 Billion
• 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

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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

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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