PUBLISHER: Value Market Research | PRODUCT CODE: 1352821
PUBLISHER: Value Market Research | PRODUCT CODE: 1352821
The global demand for Data Wrangling Market is presumed to reach the market size of nearly USD 26.45 BN by 2030 from USD 4.93 BN in 2022 with a CAGR of 20.52% under the study period 2023 - 2030.
Data wrangling is the process that removes errors and combines complex data sets to make them more accessible and easier to analyze. Any analysis a business performs will ultimately be constrained by the data that informs them. Incomplete, unreliable, or faulty data can constrain the analysis. Data wrangling ensures the data stays in a reliable state before it's analyzed and leveraged. It makes data wrangling a critical part of the analytical process. Data wrangling is crucial for risk management, compliance, and data security. Additionally, removing data duplications lowers storage and backup costs while facilitating faster search results.
Tools and services provided by data wrangling have many advantages, including better decision-making ability to gain a competitive edge by quickly analyzing and acting on the information. Companies are adopting data wrangling for real-time forecasting and monitoring of numerous events that may impact their performance. The industry is expanding because of technological advancements in data science, AI, and machine learning. Additionally, the Development of edge computing solutions is fueling the market. The market growth is due to the capacity of big data analytics software to facilitate better and faster decision-making and analyzing information promptly on time. The need for big data analytics software is continuously increasing because it offers many benefits, such as access to vital business metrics, insight into customer behaviour, increased revenue, improved efficiency, and others.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of data wrangling. The growth and trends of data wrangling industry provide a holistic approach to this study.
This section of the data wrangling market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Data Wrangling market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data wrangling market include Trifacta (US), Datawatch (US), Dataiku (France), IBM (US), SAS Institute (US), Oracle (US), Talend (US), Alteryx (US), TIBCO (US), Paxata (US), Informatica (US), Hitachi Vantara (US), Teradata (US), Datameer (US), Cooladata (US), Unifi (US), Rapid Insight (US), Infogix, (US), Zaloni (US), Impetus (US), Ideata Analytics (India), Onedot (Switzerland), IRI (US), Brillio, and TMMData(US). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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