South America Data Fabric Market

Market Introduction

The South America data fabric market is segmented into Brazil, Argentina, and the rest of SAM. The rest of SAM comprises countries such as Chile, Peru, and Ecuador. The retail and e-commerce sector in South America is steadily growing due to the increasing adoption and use of smartphones and other devices to purchase goods and commodities. Growing interest in online shopping among the South America population, especially millennials, is substantially supporting the growth of the retail and e-commerce industry. The growing retail and e-commerce industry is likely to demand data fabric solutions and services to evaluate data and customer service interaction, predict the behavior and preferences of customer, and determine the next action that might include cross-selling or highly targeted promotions.

Brazil has the most significant number of cases with COVID-19, followed by Argentina, Peru, Chile, and Ecuador amongst others. In 2020, the covid-19 pandemic led to the closure of all economic activities across the region to combat the spread of the virus. The government of South America has taken an array of actions to protect their citizens and contain COVID-19’s spread. At the beginning of 2020, the COVID-19 outbreak has majorly caused the recruitment process in several organizations. Further, in 2021, with the uplifting of lockdown and ongoing vaccination process, the offices are operating fluently, and colleges are also working with remote studying facilities. The presence of various developing countries in South America makes this region one of the key markets for the future growth of data fabric market. The growing population, rising disposable income, high demand for advanced technologies, and huge focus on digital transformation are some of the key factors expected to drive the growth of the data fabric market in South America. With an increase in the adoption of work from home trend during lockdowns, the demand for big data and data analytics have been increased significantly. Further, during the COVID-19 pandemic, numerous industries have adopted digital transformation for continuity of the businesses. This fact increased the demand for data accessibility, therefore, resulting in augmented adoption of the data fabric. This showcases the positive growth of data fabric market in the region during the pandemic.

South America Data Fabric Strategic Insights

Strategic insights for the South America Data Fabric provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

South America Data Fabric Report Scope

South America Data Fabric Regional Insights

The geographic scope of the South America Data Fabric refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The data fabric market in South America is expected to grow US$ 48.52 million in 2021 to US$ 63.87 million by 2028; it is estimated to grow at a CAGR of 4.0% from 2021 to 2028. With the digital transformation, the use of the cloud-based platform is increasing due to the simplification of the deployment time and the reduction in the deployment cost. Further, the internet infrastructure has matured in developed countries and is flourishing in several developing countries across the region, which allows Components in these countries access to the cloud-based platform. The adoption of data fabric across several applications is associated with the varying end user requirements. However, technological advancements also play a vital role in enhancing the adoption trend by companies and customers. For instance, many financial institutions use financial analytics to gain insights, ensure optimal performance, and make crucial decisions. Financial analytics helps the banking sector enhance the customer experience and assists in risk management. For these analytics, the data is extracted from the data fabric solution. Most of the leading analytics technology companies are developing a complete cloud-based suite that can enhance its digital properties. The cloud-based data fabric platform helps organizations in saving time and costs for onsite deployment of software solutions. For instance, IBM Corporation offers IBM Cloud Pak platform that enables a distributed data fabric that is hybrid and multi-cloud. IBM Cloud Pak for data enables just-in-time access to the right data across any cloud and on premises, at the optimum cost and with the appropriate level of governance. Hence, the increasing adoption of cloud technologies across industries is expected to drive the growth of the data fabric market during the forecast period.

Key Market Segments

In terms of deployment, the cloud systems segment accounted for the largest share of the South America data fabric market in 2020. In terms of component, the software segment accounted for the largest share of the South America data fabric market in 2020. In terms of solution, the data management segment accounted for the largest share of the South America data fabric market in 2020. In term of end-user, BSFI segment held a larger market share of the data fabric market in 2020.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the data fabric market in South America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Denodo Technologies; IBM Corporation; Informatica LLC; NetApp, Inc.; Oracle Corporation; SAP SE; Software AG; Teradata; and Hewlett Packard Enterprise Development LP among others.

Reasons to buy report

• To understand the South America data fabric market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for South America data fabric market
• Efficiently plan M&A and partnership deals in South America data fabric market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form South America data fabric market
• Obtain market revenue forecast for market by various segments from 2021-2028 in South America region.

South America Data Fabric Market Segmentation

South America Data Fabric Market – By Deployment

• Cloud
• On-Premises

South America Data Fabric Market – By Component

• Software
• Services

South America Data Fabric Market – By Solution

• Data Discovery
• Data Ingestion
• Data Orchestration
• Fabric Data Access
• Data Management
• Fabric Management

South America Data Fabric Market – By

End-user

• BFSI
• IT & Telecom
• Retail
• Power and Utilities
• Healthcare & Pharmaceuticals
• Others

South America Data Fabric Market – By

Country

• Brazil
• Argentina
• Rest of SAM     

South America Data Fabric Market – Companies Mentioned

• Denodo Technologies   
• IBM Corporation            
• Informatica LLC
• NetApp, Inc.
• Oracle Corporation 
• SAP SE
• Software AG
• Teradata
• Hewlett Packard Enterprise Development LP