Report Overview

Global Data Preparation Market: Overview

Global Data Preparation market is anticipated to worth USD 1,015 million in 2019, with a CAGR of 14.45% during 2019-2025. Data Preparation is the process of gathering, combining, structuring and organizing data so it can be analyzed as part of data visualization, analytics, and machine learning application. The components of data preparation include pre-processing, profiling, cleansing, validation and transformation; it often also involves pulling together data from different internal systems and external sources.  Data preparation work is done by information technology and business intelligence. Capabilities of self-service data preparation tools to ensure easy interchangeability, collaboration, and profiling of data are vital factors expected to encourage the growth of the global Data Preparation market in the upcoming period.

In addition, the surge in real- time data which help users to make faster and wiser decisions will play a key role in the growth of the market in the next few years. Moreover, the increment in a vast amount of unstructured and semi-structured data led to diverse sources which need data preparation processing will fuel the growth of Data Preparation market in the forecast period. Additionally, modernization of business operations and the rising up use of data preparation tools in business analytics for efficient business performances will contribute to the growth of Data Preparation market in upcoming periods.

Furthermore, surging in the application of Data Preparation in organizations like IT and retail sectors to augment their operations efficiency by ensuring easy access to data which demand for data analytics for solving it will boom the Data Preparation market in the forecast period. Also, use of data preparation in organizations to improve quality and integrity of data with techniques like parsing for advanced cleansing and fuzzy matching led to better workflow design that speeds up the data delivery process, ultimately resulting in efficient productivity will fuel the global Data Preparation market in the forecast period.

Data Preparation Platform analysis

On the basis of Platform, the Data Preparation market has been segmented into Self-Service Data Preparation and Data Integration. Data Integration dominates the global Data Preparation owing to its features for combining data from different sources into a single, unified view which help in Saving time, boosts efficiency and reduce errors. The self-service will influence by their ability to ensure easy access to data, offer higher levels of data security, and assist in data governance.

Data Preparation Tool analysis

On the basis of Tool type, the Data Preparation market has been segmented into Data Curation, Data Cataloguing, Data Quality, Data Ingestion, and Data Governance. Data ingestion is expected to lead the global data preparation market owing to surging up demand in government and large enterprises for its use to prioritize data sources, validate data files, and route correct files to right direction. Data governance will boost by its use of an organization to identify and secure information to maintain safekeeping.

Data Preparation Deployment type analysis

On the basis of Deployment type, the Data Preparation market has been segmented into On-Premise and Cloud. On-premise is anticipated to lead the market in the account of growing its application in BFSI, government, telecom and IT for analyzing data. Cloud will trigger by increasing adoption of cloud technology in various sectors like IT, telecom, and retail.

Data Preparation End-Use Industry analysis

On the basis of End-User industry, the global Data Preparation market has been segmented into BSFI, Healthcare, Retail, Manufacturing, IT and Telecommunication. By end-user industry, IT and ITES will lead the market due to the use of data preparation tools for analyzing owing to these sectors generating large volumes of data. The retail sector will trigger by the growing use of data preparation to analyses data collated from different input sources and supplied to various analytics tools.

Regional analysis of Data Preparation market

On the basis of region, the Data Preparation market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world Data Preparation market over the forecast period owing to major investments in cloud-based solutions, early adoption technologies, and the presence of more number of companies. The Asia Pacific is projected to be the fastest growing market throughout the forecast period due to the rising adoption in Banking & financial sectors for fraud detection. Europe market will influence by growing investments in data analytics by major players to rolling out cloud-based solutions.

Objective of the Study:

To analyze and forecast market size of the world Data Preparation market, in terms of Value.

To examine the careful market segmentation and forecast the market size, in terms of value, on the premise of region by segmenting world Data Preparation market into 5 regions, namely, North America, Europe, Asia Pacific, Middle East

To outline, categorized and forecast the world Data Preparation on the premise of platform, tool type, deployment type and end-user Industry.

To examine competitive developments like expansions, technological advancement, services, and regulative framework within the world Data Preparation market.

To pinpoint the drivers and challenges for world Data Preparation Market

Global Data Preparation Market Competitive Landscape

Companies such as Informatica Corporation, Alteryx, Inc., Tibco Software Inc., International Business Machines Corporation, SAS Institute, Microsoft Corporation, Tableau Software, Inc., Datawatch Corporation, SAP SE., Qlik Technologies Inc., Talend and MicroStrategy Incorporated are the key players for providing Data Preparation services

Key Target Audience:

·         Market research and consulting firms

·         Industry associations

·         Global Data Preparation Services Providers

·         Research organizations and consulting companies

·         Global Data Preparation distributors

·         Organizations, associations and alliances related to Data Preparation market

·         Regulatory bodies

Scope of the Report

By Platform Type

·         Self-Service Data Preparation

·         Data Integration

By Tool Type

·         Data Curation

·         Data Cataloguing

·         Data Quality

·         Data Ingestion

·         Data Governance

By Deployment Type

·         On-Premise

·         Cloud

By End-User Industry

·         BSFI

·         Healthcare

·         Retail

·         Manufacturing

·         IT and Telecommunication

In addition, the report provides analysis of the Data Preparation market with respect to the following geographic segments:

North America

·         U.S.

·         Canada

Europe

·         Germany

·         UK.

·         Italy

·         France

·         Rest of Europe

Asia Pacific (APAC)

·         China

·         India

·         Japan

·         Australia

·         South Korea

·         Indonesia

·         Rest of Asia Pacific

LATAM

·         Brazil

·         Argentina

·         Rest of Latin America

MEA

·         Saudi Africa

·         UAE

·         Egypt

·         Rest of Middle-East

Business Questions answer by the report

·         How will the market drivers, restraints and opportunities affect the market dynamics?

·         What will be the market size in terms of value and volume and market statistics with detailed classification

·         Which segment dominates the market or region and one will be the fastest growing and why?

·         A comprehensive survey of the competitive landscape and the market participant players

·         Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority. And that’s why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

·         With five additional company detail analysis.

·         Additional country analysis.

·         Detailed segment analysis.