Global Data Prep Market Research Report 2018
According to a new report published by Data Bridge Market Research “Global Data Prep Market accounted for USD 2.13 billion in 2016 growing at a CAGR of 26.7% during the forecast period of 2017 to 2024”, also the Global Data Prep Market, By Geography; Platform (Self-Service Data Prep, Data Integration); Tool (Data Curation, Data Cataloging, Data Quality, Data Ingestion, Data Governance); Deployment Model (Hosted, On-Premises); Vertical and Forecast to 2024
Report Definition:
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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Major Market Drivers and Restraints:
- Rising need for adhering to regulatory and compliance requirements
- Increasing importance of on-time qualified data
- Benefits of streamlined business operations
- Data prep tools help companies in predictive business analytics
- Presence of data silos
- Lack of awareness & expertise and other operational challenges
Report Segmentation:
On the basis of platform:
- Self-Service Data Prep
- Data Integration
On the basis of tool:
- Data Curation
- Data Cataloging
- Data Quality
- Data Ingestion
- Data Governance
On the basis of deployment model:
- Hosted
- On-Premises
On the basis of vertical:
- Banking
- Financial Services, and Insurance
- Government
- Healthcare
- Retail and E-Commerce
- Manufacturing
- Energy and Utilities
- Transportation
- IT and Telecommunication
On the basis of geography:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East & Africa
Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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This report consists of below pages:
- No of pages: 350
- No of Figures: 60
- No of Tables: 220
Competitive Analysis:
The report for data prep market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major Market Competitors:
- Alteryx, Inc.
- IBM Corporation
- Informatica
- Microsoft Corporation
- TIBCO Software Inc.
- SAS Institute Inc.
- Datawatch
- TABLEAU SOFTWARE
- SAP SE
- QlikTech International AB
- Talend, and others.
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