Research Methodology on Data Fabric Market
Introduction
Data Fabric is a form of virtualization technology which enables the interconnection of data among multiple data sources. Some of the data sources may include on-premises or cloud-based applications, databases, data warehouses, and analytics platforms. Data fabric enables the integration and movement of data from various connected sources, with the added advantage of allowing new data to be connected quickly.
The rise of big data and a surge of data-driven activities along with analytics and predictive models is fuelling the adoption of data fabric solutions across various industry verticals. This is primarily attributable to the growing demand for faster, more reliable and secure ways of storing, transferring, and accessing data across any data source.
Research Objectives
The main objective of this research is to provide a comprehensive analysis of recent market trends, drivers, and challenges influencing the Global Data Fabric Market growth. Additionally, the research report offers an in-depth analysis of potential growth opportunities in the Data Fabric Market landscape, in terms of revenue generation that could be entered by existing, as well as new players in the market.
Research Methodology
This research study focuses on the deployment of both primary and secondary research techniques. Through primary research techniques such as interviews and surveys of key industry persons and secondary research techniques such as exhaustive searching of annual reports, journals, press releases, and white papers, the research process involved a comprehensive analysis of the opportunities available in the Global Data Fabric Market.
Primary Research
In the primary research phase, we conducted interviews with experts in the data fabric domain across various industry verticals. The in-depth interviews provide quantitative and qualitative information on the trends, market drivers and challenges, competitive landscape, product and pricing segmentation, and other significant aspects of the market. These interviews help us to analyze the opportunities in the Global Data Fabric Market during the forecast period 2023-2030.
Secondary Research
Secondary research is an integral element of this research. The secondary part of the research generated relevant information from secondary sources such as paid databases, white papers, annual reports, press releases, published journals and other third-party sources. This helps us to perform a detailed analysis of the major competitors, technologies and product offerings, recent innovations, strategic partnerships and collaborations and other key aspects of the Global Data Fabric Market.
Modelling Analysis
To arrive at the market estimations for the Global Data Fabric Market, both top-down and bottom-up approaches were used. The top-down approach was used to arrive at the overall market size from the overall revenue of the industry's leading participants. With the help of a bottom-up approach, the market numbers were validated with the industry-level model by accumulating the market size of key regions and segments considered during the research process.
Data Analysis
In the data analysis phase, the gathered information on the Global Data Fabric Market has been analyzed keeping in mind the research objectives. The data has been analyzed using quantitative and qualitative methods. It has been evaluated based on key segments and current market trends. The study evaluated the market size in terms of value and volume, to give the key stakeholders an overall picture of the Global Data Fabric Market.
Validation & Market Forecasting
To test the accuracy of the market numbers, primary research techniques were conducted across key industry players and industry experts. The inputs and assumptions were validated by experts in the data fabric domain.
Conclusion
The research report provides us with an exhaustive analysis of the Global Data Fabric Market and its major segments, trends, drivers, challenges, and opportunities in the upcoming forecasting period 2023-2030. The information provided in this research report can be used by market stakeholders to strategize and develop sustainable business plans that would help them gain a larger market share over the course of the next decade.