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Data Prep Market Trends by Key Players, End User, Demand, Analysis Growth and Forecast 2027

The research and analysis conducted in Data Prep Market Report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Data Prep industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Data Prep Market report is provided that covers many work areas.

Global Data Prep Market is expected to rise from its initial estimated value of USD 3.38 billion in 2018 to an estimated value of USD 21.48 billion by 2026, registering a CAGR of 26.00% in the forecast period of 2019-2026. This rise in market value can be rising need for adhering to regulatory and compliance requirements.

Data prep is the process of collecting data into one data, for use in analysis. One of the primary purposes of data prep is to ensure that information generated for analysis is accurate and consistent. The crucial part of data prep is to correct inaccuracies. It has its wide application in banking, financial services, and insurance, government, healthcare, retail and e-commerce, manufacturing, energy and utilities, transportation, IT and telecommunication, and others. Increasing importance of on-time qualified data and rising need for adhering to regulatory and compliance requirements may act as the major driver in the growth of data prep market. On the other side, lack of awareness & expertise and other operational challenges may hamper the market.

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Market Drivers:

  • Rising need for adhering to regulatory and compliance requirements that are expected to drive the market growth.
  • There is Increase in importance of on-time qualified data is expected to drive the market growth.
  • Benefits of streamlined business operations is driving the market
  • Data prep tools help companies in predictive business analytics is also expected to drive the market growth.

Market Restraints:

  • There is lack of awareness and skilled workforce in Data prep. this is also expected to act as a restraint to the market growth.

Segmentation: Global Data Prep Market

By Platform

  • Self-Service Data Prep
  • Data Integration

By Tool

  • Data Curation
  • Data Cataloging
  • Data Quality
  • Data Ingestion
  • Data Governance

By Enterprise Size

  • SMEs and Mid Sized
  • Large Enterprise

By Deployment Model

  • Hosted
  • On-Premise

By Vertical

  • Banking, Financial Services, and Insurance
  • Government
  • Healthcare
  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • Transportation
  • IT and Telecommunication
  • Others

By Geography

  • North America
    • US
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific
  • Middle East and Africa
    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In Sep 2018,Trifacta launched Google Cloud Data prep. Trifacta, the global leader in data preparation, this technology has accelerated the productivity of analysts on GCP, allowing them to prepare and analyze data within the same environment.
  • In April 2018, Tableau announces two new data prep and subscription offering products. Tableau’s new tailored offering is designed to deliver more value, which will give full analytics capabilities to analysts and power users.

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request FREE TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-data-prep-market&somesh

Competitive Analysis

Global data prep market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of data prep market for Global, Europe, North America, Asia-Pacific, South America and Middle East and Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the data prep market are Microsoft Corporation (US), IBM Corporation (US), TIBCO Software Inc. (US), SAP SE (Germany), SAS Institute Inc. (US), Alteryx, Inc. (US), Informatica (US), Altair Engineering, Inc. (US), Talend (US), TABLEAU SOFTWARE (US), QlikTech International AB (Sweden), Microstrategy Inc.(US), Rapid Insight Inc. (US), Unifi Software Inc.(US), First Data Corporation (US), Paxata Inc.(US), Trifacta Software Solutions, Inc. (US), ClearStory Data Inc.(US), Oracle (US), Lavastorm Analytics Inc.(US), and others.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

Major Highlights of Data Prep market in Covid-19 pandemic covered in report:

The report provides impact of COVID-19 on Data Prep market along with its impact on overall industry and economy of world. Further, it adds changes in consumer buying behavior as it impacts majorly on market growth and sales. Distributors and traders on marketing strategy analysis focusing on region wise needs in covid-19 pandemic is also added in the Data Prep market report. The last segment of COVID-19 impact chapter include recovery and major changes opted by major players involved in Data Prep market.

Reasons to Purchase this Report:

  • Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
  • Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
  • Market value USD Million and volume Units Million data for each segment and sub-segment
  • Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Content:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

PART 05: MARKET LANDSCAPE

PART 06: MARKET SIZING

PART 07: FIVE FORCES ANALYSIS

PART 08: MARKET SEGMENTATION BY PRODUCT

PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

PART 10: CUSTOMER LANDSCAPE

PART 11: MARKET SEGMENTATION BY END-USER

PART 12: REGIONAL LANDSCAPE

PART 13: DECISION FRAMEWORK

PART 14: DRIVERS AND CHALLENGES

PART 15: MARKET TRENDS

PART 16: COMPETITIVE LANDSCAPE

PART 17: COMPANY PROFILES

PART 18: APPENDIX

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