Data Mesh Market Projection USD 3.94 Billion By 2032, CAGR: 16.3%

Data Mesh Market Size Worth USD 3.94 Billion By 2032 | CAGR: 16.3%


The data mesh market size is expected to reach USD 3.94 Billion by 2032, according to a new study by Polaris Market Research. The report “Data Mesh Market Share, Size, Trends, Industry Analysis Report, By Offering; By Business Function; By Approach; By Application; By Vertical; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The adoption of Data Mesh principles has emerged as a transformative framework in the rapidly changing landscape of data management in the Data Mesh market. Data Mesh market development is a new approach to organizing and scaling data infrastructure that emphasizes decentralized ownership and domain-driven data architecture. This paradigm shift recognizes the challenges that traditional, centralized data architectures present and seeks to address them using the principles of domain-oriented decentralized data ownership, data as a product, and self-service data infrastructure.

The effective implementation of a data mesh architecture is heavily dependent on the invaluable assistance of expert consulting and advisory services. These services include strategic planning, feasibility studies, and the creation of a custom roadmap tailored to an organization's specific context. Specialized professional services in data governance and security are critical in developing strong policies and structures. These measures are intended to ensure data security while adhering to regulatory standards. Identity management, access controls, auditing, compliance checks, and measures to protect data privacy and ethical usage standards are all critical components.

A typical data mesh market solution includes a powerful data catalog system that enhances discoverability and enables efficient data delivery across decentralized domains. This catalog is a comprehensive inventory of available data assets, including metadata, ownership details, and data lineage information. Any data mesh solution must have secure, scalable, and resilient storage and security solutions as its foundation. These systems ensure that data is available, reliable, and protected from breaches or loss.

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In the ever-changing landscape of data mesh architecture, federated computational governance is an important consideration, indicating a transformative shift in how organizations manage and regulate their distributed data. In contrast to a centralized approach, this approach advocates for a decentralized model in which governance is distributed across various data domains and specialized areas within the organization. The federated computational governance framework aims to improve collaboration and decision-making while maintaining security, compliance, and quality standards across interconnected data domains.

Data Mesh Market Report Highlights

  • The data integration and delivery segment accounted for the largest market share in 2023. Companies are increasingly adopting decentralized architectures, in which data is treated as a product and managed by teams in specific domains.
  • The managed services segment witnessed the fastest growth in 2023. As companies are increasingly adopting decentralized data architectures, the demand for data mesh principles has increased.
  • Asia-Pacific has witnessed the fastest growth in the market in 2023, as the companies in the region are adopting data mesh principles in large numbers to navigate the complex data ecosystem.
  • The key market players include Amazon Web Services (AWS), Denodo, Global IDs, Google, Hewlett Packard Enterprise (HPE), IBM, Informatica, K2view, Microsoft, Monte Carlo, NetApp Oracle, Radiant Logic, SAP, Snowflake, Talend, and Teradata.

Polaris Market Research has segmented the data mesh market report based on offering, business function, approach, application, vertical, and country:

Data Mesh, Offering Outlook (Revenue - USD Billion, 2019 - 2032)

  • Solution
  • Data Integration and Delivery
  • ETL (Extract, Transform, Load)
  • Data Pipeline and Workflow Management
  • Data Mapping and Transformation
  • Federated Data Governance
  • Metadata Management
  • Data Quality and Security
  • Compliance and Regulatory Tools
  • Data Operations
  • Monitoring and Observability
  • Data Cataloging and Discovery
  • Data Lifecycle Management
  • Data Transformation and Orchestration
  • Schema Evolution
  • Data Orchestration and Synchronization Platforms
  • Other Solutions
  • Solutions by Deployment Mode
  • Cloud
  • On-Premise
  • Services
  • Professional Services
  • Consulting and Implementation
  • Support and Maintenance
  • Training and Education
  • Advisory and Strategy
  • Implementation and Deployment
  • Governance and Security
  • Managed Services

Data Mesh, Business Function Outlook (Revenue - USD Billion, 2019 - 2032)

  • Finance & Accounting
  • Sales & Marketing
  • Research & Development
  • Operations & Supply Chain
  • HR
  • ITSM

Data Mesh, Approach Outlook (Revenue - USD Billion, 2019 - 2032)

  • Fine-grained
  • Fully Federated Mesh
  • Fully Governed Mesh
  • Hybrid federated mesh
  • Value chain-aligned mesh
  • Coarse-grained
  • Aligned Mesh
  • Governed Mesh

Data Mesh, Application Outlook (Revenue - USD Billion, 2019 - 2032)

  • Customer Experience Management
  • Data Privacy Management
  • Chatbots/ Virtual Assistants
  • Campaign Management
  • IoT Monitoring
  • Other Applications

Data Mesh, Vertical Outlook (Revenue - USD Billion, 2019 - 2032)

  • BFSI
  • Healthcare & Life Sciences
  • Telecom
  • Retail & E-Commerce
  • Government & Public Sector
  • Energy & Utilities
  • IT/ITeS
  • Transportation & Logistics
  • Manufacturing
  • Other Vertical

Data Mesh, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Australia
  • Malaysia
  • Rest of Asia Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa
  • Rest of Middle East & Africa

Data Mesh Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 1.18 billion

Revenue forecast in 2032

USD 3.94 billion

CAGR

16.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD billion and CAGR from 2024 to 2032

Segments Covered

By Offering, By Business Function, By Approach, By Application, By Vertical, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization    

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  • Competitive landscape
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