MarkNtel Advisors recently published a detailed industry analysis of the Data Mesh Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Insights and Analysis of the Data Mesh Market (2024-2030)
The Global Data Mesh Market is estimated to grow at a CAGR of around 17.5% during the forecast period, i.e., 2024-30.
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What is driving the 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.
What segments define the Data Mesh Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Offering
(Solutions, (Data Integration & Delivery, Federated Data Governance, Data Operations, Data Transformation, Others), Services, (Professional Services, (Consulting & Implementation Support & Maintenance, Training & Education, Advisory Strategy, Implementation & Deployment, Governance & Security), Managed Services)),
By Deployment Mode
(Cloud, On-Premises),
By Approach
(Fine-Grained Mesh, Hybrid Federated Mesh, Value-Chain-Aligned Mesh, Coarse-Grained Mesh),
By Business Function
(Sales & Marketing, Finance & Accounting, Research & Development, Operations & Supply Chain, HR, ITSM),
By Application
(Customer Experience Management, Data Privacy Management, Chatbots/Virtual Assistant, Campaign Management, IoT Monitoring, Access Control, Others),
By Vertical
(BFSI, Telecom, Retail & E-Commerce, Healthcare & Life Science, IT/ITes, Manufacturing, Government & Public Sector, Transportation & Logistics, Others)
By Regions
North America, Europe, Asia-Pacific, South America, Middle East & Africa
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Who are the leading key players shaping the Data Mesh Market landscape?
AWS, Microsoft, Google, Equinix, Dell Technologies, Huawei, Digital Realty, NTT, KDDI, HPE, Oracle, Alibaba Cloud, IBM, Cyrusone, China Telecom, Others
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Questions Addressed in this Study
1.What factors are driving the Data Mesh Market growth?
2.How is the Data Mesh Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Data Mesh Market?
4.What is the current size of the Data Mesh Market, and how is it projected to change in the future?
6.What is the future outlook for the Data Mesh Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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