Fabric Based Computing Market: Global Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, Segmentation

Fabric Based Computing Market was valued at US$ 8.94 Bn. in 2021. Fabric Based Computing Market size is expected to grow at a CAGR of 22.61 % through the forecast period.
Fabric Based Computing Market Overview:
Fabric-based computing (FBC) is a modular form of computing in which a system can be aggregated from separate (or disaggregated) building-block modules connected over a fabric or switched backplane. Fabric-based infrastructure (FBI) differs from FBC by enabling existing technology elements to be grouped and packaged in a fabric-enabled environment, while the technology elements of an FBC solution will be designed solely around the fabric implementation model. Fabric computing is also known as unified computing and related to unified fabric, data center fabric, grid computing and unified data centers.

It is a high-performance computer system consisting of connected functions of storage, networking and parallel processing interlinked by high-bandwidth connections with each other. Computing resources such as processors, storage, memory and other components that are interlinked to each other are represented by the term fabric to function cohesively.



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The report explores the Fabric Based Computing Market segments (By Offering, By Organization Size, By Industrial Verticals, By Application, and Region). Data has been provided by market participants, and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). The MMR market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2020. The report investigates the Fabric Based Computing Market drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Fabric Based Computing Market contemporary competitive scenario.

2021 is considered as a base year to forecast the market from 2022 to 2029. 2022’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis especially with the impact of lockdown by region.
Fabric Based Computing Market Dynamics:
In order to reflect an integrated and cohesive computing infrastructure, this form of infrastructure is built in such a way that a large number of hardware-based computing resources are interconnected. The key reason for the growth of the fabric-based computing market is to remove the distinction between networks and computers so that many storage devices and processors can be easily connected within a single machine. The key factors which are driving the growth of the global fabric-based computing market are the rise in the use of big data analytics and growth in the adoption of cloud-based systems.

In addition, the factors such as general purpose vertically integrated stacks, virtualization, convergence, component commoditization, and automation lead to the growth of the Fabric Based Computing Market. However, due to the increasing demand for data storage, the increase in the adoption of new technology by different organizations, such as virtual machines, is expected to generate significant opportunities for the global fabric-based computing industry.
The high costs associated with infrastructure and problems of complexity obstructs the growth of the Fabric Based Computing Market. Fabric based computing, with its integrated architecture, eliminates manual integration, therefore breaking down the silos of compute, storage, and network resources. It offers high speed of connection and robust management, which empowers customers to take hyper-speed analytics and business insights to a new level.
The increase in the adoption of new technologies by various organizations, such as virtual machines and due to the growing demand for data storage is anticipated to create major opportunities for the global fabric-based computing market. Fabric computing helps in the elimination of separate infrastructures like network and computing, storage, and gathers everything by creating an extremely scalable structure. A structure like this enables the data centre user to manage the computing needs in a more efficient way and also to have a more cost-efficient solution.

Advantages like these have been leading to the growth of fabric computing to grow throughout the world. Plus, the fabric computer has the ability to support the server clusters of the virtual machines. Hence, it has the ability of supporting the movement of an application across the whole network while maintaining its designated services like the quality of the services and security policies, overall performance, and others. The intense competition and changing of consumer spending patterns and need pose significant opportunities for market growth. However, due the upgradation of technology along with the growth in demand for cloud computing it is predicted to further generate various growth opportunities.

Challenges which are expected grow the fabric-based computing market on a large scale includes incompatibility of traditional ROI models with fabric-based computing approach, vendor lock-in, limits regarding customization, application-specific vertically integrated stacks and in memory computing. The problems of security breach impacting the entire system is another challenge which leads to the growth of the Fabric Based Computing Market.
Fabric Based Computing Market Segment Analysis:
Based on Offering, Solution segment is dominating the Fabric Based Computing market with the highest market share. Due to the increasing need of the high volume of data for cloud storage and on-demand content via internet server to raise the ability to move the organizations and individuals quickly which leads to the growth of the Fabric Based Computing market. For instance, IBM Tealeaf customer experience offers solution to the organizations which delivers fabric-based computing while it is being deployed on the IBM SoftLayer cloud infrastructure.



On the basis of Application, the Fabric Based Computing Market is segmented into BFSI, IT & Telecommunication, Retail, Medical & Healthcare, Military & Defense.



BFSI: The banking, financial services, and insurance (BFSI)segment is expected to grow with the highest CAGR of xx% during the forecast period. This technology which is used for streamlining its operations and offering better customer service is rapidly being adopted by the banking sector. Various banks and financial institutions are using fabric-based computing which is developing new products and services, manage risk, and follow regulations. Moreover, the insurance sector uses this technology for processing claims faster and improve customer satisfaction.

IT & Telecommunication, The IT & Telecommunication is the second fastest-growing market during the forecast period. The telecom service providers use this technology to manage their networks more efficiently and offer a better quality of service to customers. In addition, for developing new products and services, managing data center operations, and improving customer service fabric-based computing is being used by the IT companies.

Retail, the retail industry is also boosting up the use of fabric-based computing market during the forecast period. This technology is helping retailers for streamlining their operations, offering personalized shopping experiences, and improving customer satisfaction which leads to the growth of the Fabric Based Computing Market. In addition, fabric-based computing is also being used by retailers to manage inventory more efficiently and create a more agile supply chain.

Medical & Healthcare, The medical and healthcare industry is another major factor which leads to the growth of the fabric-based computing market. This technology is being used by healthcare providers to manage patient records, streamline clinical operations, and improve patient care. In addition, the pharmaceutical industry uses fabric-based computing to develop new drugs and therapies, manage clinical trials, and commercialize new products. These all factors lead to the Fabric Based Computing Market growth.

Military & Defense, The military and defense sector are another factor which grows the fabric-based computing market. This technology is being used by the military to develop new weapons systems, manage logistics operations, and improve battlefield communications. In addition, for developing new products and technologies, managing research and development programs, and following government regulations the defense industry uses fabric-based computing technique.
Fabric Based Computing Market Regional Insights:
The North America region is expected to witness significant growth at a CAGR of xx% through the forecast period. The fabric-based computing market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players such as IBM Corporation, Teradata, TIBCO Software with the advance technologies. As this is home to some of the world's leading technology companies and data center operators, it leads to the growth of the market during the forecast period. In addition, the region has a well-developed infrastructure and a skilled workforce. As a result, North America is one of the fastest-growing markets for fabric-based computing during the forecast period.

The Asia-Pacific region is projected to register the fastest growth rate in the target market due to surge in penetration of smartphones and digitalizing the infrastructure in the region. The rapid economic growth and urbanization is the major factor which resulted into the growth of the Fabric Based Computing Market in Asia-Pacific region. In addition, the government is investing heavily in the development of new infrastructure projects. Therefore, Asia-Pacific region is considered to be the second fastest-growing market during the forecast period.

The objective of the report is to present a comprehensive analysis of the Fabric Based Computing Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The reports also help in understanding the Fabric Based Computing Market dynamic, structure by analyzing the market segments and projecting the Fabric Based Computing Market size. Clear representation of competitive analysis of key players by Vehicle type, price, financial position, product portfolio, growth strategies, and regional presence in the Fabric Based Computing Market make the report investor’s guide.
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Global Fabric Based Computing Market


Report Coverage
Details


Base Year:
2021
Forecast Period:
2022-2029


Historical Data:
2017 to 2021
Market Size in 2021:
US $ 8.94 Bn.


Forecast Period 2022 to 2029 CAGR:
22.61%
Market Size in 2029:
US $ 37.24 Bn.


 Segments Covered:
by Offering
• Solution
• Services


by Organization Size
• Small and Medium Enterprises
• Large Enterprises


by Industrial Verticals
• Education
• Gaming
• IT & Telecommunications
• Aerospace & Defense
• Legal
• Media & Entertainment
• Automotive
• Banking Financial Services and Insurance
• Consumer Goods
• Others


by Application
• BFSI
• IT & Telecommunication
• Retail
• Medical & Healthcare
• Military & Defense



Fabric Based Computing Market by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa
Fabric Based Computing Market Key Players
• IBM Corporation
• Teradata
• TIBCO Software
• Cisco
• Atos SE
• Unisys Corporation
• Egenera
• Oracle
• VMware
• Hewlett Packard Enterprise Development LP
• Avaya Inc

Frequently Asked Questions:

1] What segments are covered in the Fabric Based Computing Market report?
Ans. The segments covered in the Fabric Based Computing Market report are based on Offerings, Industrial Verticals, Organization Size and Application.

2] Which region is expected to hold the highest share in the Fabric Based Computing Market?
Ans. North America region is expected to hold the highest share in the Fabric Based Computing Market.

3] What is the market size of the Fabric Based Computing Market by 2029?
Ans. The market size of the Fabric Based Computing Market by 2029 is expected to reach US$ 37.24 Bn.

4] What is the forecast period for the Fabric Based Computing Market?
Ans. The forecast period for the Fabric Based Computing Market is 2022-2029.

5] What was the market size of the Fabric Based Computing Market in 2022?
Ans. The market size of the Fabric Based Computing Market in 2022 was valued at US$ 8.94 Bn.