Data Prep Market, Global Outlook and Forecast 2023-2029
Emergence of big data has resulted into the rise of huge volumes of data and related technologies such as data prep. Data prep tools are gaining traction due to increased need to analyze the voluminous data being generated from internal and external sources within organizations on a daily basis. Data preparation is presently creating a buzz in both business and IT sides of organizations. Data prep tool vendors are also focusing on innovative software technologies for accelerating, if not automating, the analytical process, to support business analytics. Preparing, blending, integrating, cleansing, transforming, governing, and defining the metadata of multiple sources of data including new, raw, big data in Hadoop has been primarily an IT job; however, the broadening of interest in data science and analytics has drawn non-IT personnel into the execution of these tasks.
This report aims to provide a comprehensive presentation of the global market for Data Prep, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Data Prep. This report contains market size and forecasts of Data Prep in global, including the following market information:
Global Data Prep Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Data Prep market was valued at US$ 1978 million in 2022 and is projected to reach US$ 4851.4 million by 2029, at a CAGR of 13.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The data preparation process generally begins with data sourcing and ingestion, moves through making data suitable for use through transformation and enrichment, and then integrates with governance and stewardship for monitoring and improving how data is used for Business Intelligence (BI) and analytics. The steps are interdependent and do not always run sequentially. As a series of ongoing processes, data preparation is not a onetime event. Business and IT should collaborate and iterate on data set preparation.
We surveyed the Data Prep companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Data Prep Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Data Prep Market Segment Percentages, by Type, 2022 (%)
Data Curation
Data Cataloging
Data Quality
Data Ingestion
Data Governance
Global Data Prep Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Data Prep Market Segment Percentages, by Application, 2022 (%)
Hosted
On-premises
Global Data Prep Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Data Prep Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Data Prep revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Data Prep revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Alteryx, Inc
Informatica
IBM
Tibco Software Inc.
Microsoft
SAS Institute
Datawatch Corporation
Tableau Software
Qlik Technologies Inc.
SAP SE.
Talend
Microstrategy Incorporated
Outline of Major Chapters:
Chapter 1: Introduces the definition of Data Prep, market overview.
Chapter 2: Global Data Prep market size in revenue.
Chapter 3: Detailed analysis of Data Prep company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Data Prep in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
