The data mesh market was valued at US$ 1.28 billion in 2023 and is expected to reach US$ 4.27 billion by 2031; it is estimated to record a CAGR of 16.3% from 2023 to 2031.

The data mesh market analysis has been carried out by considering the following segments: solution, deployment, application, and industry verticals. Based on industry vertical, the data mesh market is divided into BFSI, retail & e-commerce, IT & telecom, healthcare, government and public sector, and others. The healthcare segment is anticipated to register a significant CAGR in the coming years. The growing need for accurately handling and managing patients' sensitive data and information is driving the market for the segment. The data mesh solutions support the healthcare industry in patients' specific data needs, improving experiences, and stimulating strategic decision-making. Moreover, the increasing volume of data, such as patient records, research data, and genomic information, increases the need for data mesh solutions among users across the globe. The decentralized nature of data mesh solutions provides better integration and analysis across many data sources by aligning with the diverse and specialized domains in the healthcare and life sciences industries.

The development of data mesh frameworks is being driven by the rising importance of interoperability and data sharing among research groups and healthcare institutions. However, the growing emphasis on personalized medicine and precision healthcare largely depends on extensive, domain-specific data insights. Additionally, the healthcare industry relies heavily on data mesh solutions to manage patients' data. The increasing focus on developing new data mesh solutions is anticipated to boost the data mesh market during the forecast period.

Europe is projected to expand at a notable CAGR during the forecast period due to the expansion of data-centric industries such as healthcare, BFSI, financial & accounting, and others. The growing demand for AI-based solutions and big data analytics tools among consumers is driving the data mesh market. Moreover, the HR department in Europe is deploying data mesh strategies and adopting data mesh solutions for handling the complexity of data sources, employee data, employee engagement metrics, and skill inventory, boosting the data mesh market in Europe.

The data mesh market analysis is carried out by identifying and evaluating key players in the market across different regions. SAP SE, Microsoft Corp, Alphabet Inc, Oracle Corp, International Business Machines Corp, Amazon.com Inc, Dremio Corp, QlikTech International AB, Confluent Inc, Hitachi Vantara Corp, Snowflake Inc, K2view Ltd, Denodo Technologies, Inc, Informatica Corp, Estuary Technologies, Inc., Databricks Inc, Cisco Systems Inc, TIBCO Software Inc., Autodesk Inc, and Adobe Inc, are among the key data mesh market players profiled in this market study. The data mesh market forecast can help stakeholders in this marketplace plan their growth strategies. Several other data mesh market players were also analyzed for a holistic view of the market and its ecosystem.

The overall data mesh market size has been derived using both primary and secondary sources. To begin the data mesh market research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the data mesh market. The process also serves the purpose of obtaining an overview and market forecast of the data mesh market growth with respect to all market segments. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights about the topic. Participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers-along with external consultants such as valuation experts, research analysts, and key opinion leaders-specializing in the data mesh market.