Data Mesh Market Poised for Robust Growth, forecasted to Expand at 17.5% CAGR from 2024-30

MarkNtel Advisors has released its latest report highlighting strong growth in The Global Data Mesh Market is estimated to grow at a CAGR of around 17.5% during the forecast period, i.e., 2024-30.

Report Coverage

This report offers a comprehensive analysis of the Data Mesh Market, providing valuable insights across historical trends, current dynamics, and future forecasts.

• Base Year: 2023
• Forecast Years: 2024-30
• Historical Years: 2019-22

Data Mesh Market Overview

The major factors responsible for this market growth included the expansion of research laboratories across China and increasing R&D investments in the country. In recent years, the country has been largely facing geopolitical tensions, which have been impacting its economic growth. Hence, observing these impacts on economic growth, the government of China has initiated aligning its spending toward research & development, to become a technological powerhouse across the globe.

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Data Mesh Market Segmentation Outlook

The Data Mesh is categorized into notable segments, which help in understanding the structure, dynamics, and opportunities within the market. These segments are typically based on:

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

Data Mesh Market Driver

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.

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Top Data Mesh Market Brands & Their Strategic Market Positioning

MarkNtel Advisors Research identifies AWS, Microsoft, Google, Equinix, Dell Technologies, Huawei, Digital Realty, NTT, KDDI, HPE, Oracle, Alibaba Cloud, IBM, Cyrusone, China Telecom, Others as key players shaping the market landscape.

Data Mesh Market News

• 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.

Key Questions Answered in the Report

• What is the market size (value & volume) along with the current & future trends, growth factors & challenges, etc.?
• How the industry has been evolving, and which segments would dominate the market during the forecast period?
• What are the key opportunity areas that companies foresee in the coming years 2030?
• Who are the key players in the market, and what are their competitive strengths?
• What are the key growth drivers & challenges associated with the market, and how would they impact the market through the forecast period?

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