The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.
In-Depth Market Overview of Global Data Mesh Market (2024-2030):
According to the latest report, the Global Data Mesh Market is estimated to grow at a CAGR of around 17.5% during the forecast period, i.e., 2024-30. The report demonstrates the prominent factors propelling the exponential growth of the Global Data Mesh Market.
Key Takeaways: Beneficial for Stakeholders and Clients
- Historic Period: 2019-2022
- Base year: 2023
- Forecast Years: 2024-2030
- CAGR (2024-30): 17.5%
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What are the major Driver the Global Data Mesh Market?
Digitalization Across the BFSI Sector to Augment the Requirement for the Data Mesh Solutions – In recent years, there has been a shift in consumer preference, as they are inclining towards flexible payment solutions. Post-COVID-19, consumers across the globe are seeking convenient & accessible payment solutions to make payments rather than the traditional cash payments. According to the World Bank, in 2022, around 66% of the total bankable population either send or receive digital payments owing to the convenient & faster transactions offered by digital payment platforms like Paytm, Google Pay, Apple Pay, etc. Moreover, banks in countries like India, the US, Germany, etc., are also amalgamating digital technologies to make payments more smooth & efficient and launching different banking platforms for their customers.
Moreover, the increasing launch of these digital applications facilitates contactless payment since consumers prefer to use these applications for making payments. These online payments require data mesh solutions to analyze customer behavior & comprehensive view of payment activities and ensure excellent system performance. Therefore, the increasing inclination towards digital payments & the launches of payment applications is also facilitating the requirement for data mesh solutions to manage payments securely & effectively.
Global Data Mesh Market Segmentation
The Global Data Mesh Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:
- By Offering
- Solutions- Market Size & Forecast 2019-2030, (USD Million)
- Data Integration & Delivery- Market Size & Forecast 2019-2030, (USD Million)
- Federated Data Governance- Market Size & Forecast 2019-2030, (USD Million)
- Data Operations- Market Size & Forecast 2019-2030, (USD Million)
- Data Transformation- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- Services- Market Size & Forecast 2019-2030, (USD Million)
- Professional Services- Market Size & Forecast 2019-2030, (USD Million)
- Consulting & Implementation- Market Size & Forecast 2019-2030, (USD Million)
- Support & Maintenance- Market Size & Forecast 2019-2030, (USD Million)
- Training & Education- Market Size & Forecast 2019-2030, (USD Million)
- Advisory Strategy- Market Size & Forecast 2019-2030, (USD Million)
- Implementation & Deployment- Market Size & Forecast 2019-2030, (USD Million)
- Governance & Security- Market Size & Forecast 2019-2030, (USD Million)
- Managed Services- Market Size & Forecast 2019-2030, (USD Million)
- By Deployment Mode
- Cloud- Market Size & Forecast 2019-2030, (USD Million)
- On-Premises- Market Size & Forecast 2019-2030, (USD Million)
- By Approach
- Fine-Grained Mesh- Market Size & Forecast 2019-2030, (USD Million)
- Hybrid Federated Mesh- Market Size & Forecast 2019-2030, (USD Million)
- Value-Chain-Aligned Mesh- Market Size & Forecast 2019-2030, (USD Million)
- Coarse-Grained Mesh- Market Size & Forecast 2019-2030, (USD Million)
- By Business Function
- Sales & Marketing- Market Size & Forecast 2019-2030, (USD Million)
- Finance & Accounting- Market Size & Forecast 2019-2030, (USD Million)
- Research & Development- Market Size & Forecast 2019-2030, (USD Million)
- Operations & Supply Chain- Market Size & Forecast 2019-2030, (USD Million)
- HR- Market Size & Forecast 2019-2030, (USD Million)
- ITSM- Market Size & Forecast 2019-2030, (USD Million)
- By Application
- Customer Experience Management- Market Size & Forecast 2019-2030, (USD Million)
- Data Privacy Management- Market Size & Forecast 2019-2030, (USD Million)
- Chatbots/Virtual Assistant- Market Size & Forecast 2019-2030, (USD Million)
- Campaign Management- Market Size & Forecast 2019-2030, (USD Million)
- IoT Monitoring- Market Size & Forecast 2019-2030, (USD Million)
- Access Control- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- By Vertical
- BFSI- Market Size & Forecast 2019-2030, (USD Million)
- Telecom- Market Size & Forecast 2019-2030, (USD Million)
- Retail & E-Commerce- Market Size & Forecast 2019-2030, (USD Million)
- Healthcare & Life Science- Market Size & Forecast 2019-2030, (USD Million)
- IT/ITes- Market Size & Forecast 2019-2030, (USD Million)
- Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
- Government & Public Sector- Market Size & Forecast 2019-2030, (USD Million)
- Transportation & Logistics- Market Size & Forecast 2019-2030, (USD Million)
- Others- Market Size & Forecast 2019-2030, (USD Million)
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
As per the regional aspect, the Global Data Mesh Market is expected to be dominated by the North America by capturing the potential market share.
Explore further details about this research report- https://www.marknteladvisors.com/research-library/data-mesh-market.html
Top Companies in the Global Data Mesh Market
AWS, Microsoft, Google, Equinix, Dell Technologies, Huawei, Digital Realty, NTT, KDDI, HPE, Oracle, Alibaba Cloud, IBM, Cyrusone, China Telecom, Others
Global Data Mesh Industry Recent Development
- 2023: Oracle recently unveiled the Oracle Database at Azure, which enables customers to seamlessly access Oracle database services hosted on Oracle Cloud Infrastructure (OCI). These data mesh solutions are deployed within Microsoft Azure data centers to manage the data effectively.
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