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Data Wrangling Market (Component - Tools; Deployment Mode - Cloud-based; Enterprise Size - Large Enterprises; End-user Industry - IT and Telecommunication, Government, BFSI, Healthcare, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

  • Published : June, 2020

  • Rep Id : ICT1418

  • Category : Electronics, ICT and Semiconductors

  • Status : Published

A recent report published by Infinium Global Research on data wrangling market provides an in-depth analysis of segments and sub-segments in the global as well as regional data wrangling market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional data wrangling market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global data wrangling market. According to the report, the global data wrangling market is projected to grow at a CAGR of 18.5% over the forecast period of 2020-2026.

 

Market Insight

Data wrangling is processing the raw or primary data and mapping it into a structural and proper format to make it more valuable. It has numerous potentials uses such as data visualization, data aggregation & training a statistical model and others. It is essential to analyze the data as data is available on a large scale and in raw format, and there are also various data sources. Data wrangling gives extensive solutions to the problems, analyses data in an effective and efficient manner, hence the demand for data wrangling is augmented on a large scale in the international market. Data wrangling evaluates the performance of the equipment and efficiently gives results without any immersion of data scientists or IT personnel.

 

The major factors that are responsible for the growth of the data wrangling market are increasing pace and volume of data and advancements in machine learning and AI technologies. Data wrangling has augmented the scope for business and helps them to work more proficiently. However, one of the major factors restraining market growth is reluctance in shifting from traditional tools to automated tools. In addition, low awareness regarding data wrangling tools in SMEs, and focus on maintaining data quality is projected to restrain the market growth in the projection period. Moreover, increasing regulatory pressure and growth in edge computing are offering lucrative market opportunities for the players in the forecast years. Additionally, the current concern over the spread of coronavirus is also expected to have a positive impact on the data wrangling market. Data consumption is estimated to witness a significant increase as a direct consequence of lockdowns enforced in several countries to combat the spread of the deadly coronavirus. During these times, AI and big data have emerged as an essential tool for everything from diagnosis and epidemiology to therapeutic and vaccine development. This will also propel the demand for data wrangling solutions as it allows organization to swiftly transform data sets and perform data analysis that can be used to improve decision making in businesses.

 

Among the geographies, the North America region is expected to hold the largest share in the global data wrangling market owing to the rising adoption of data wrangling services. Furthermore, the rising amount of data that is being collected every day has increased the demand for data wrangling at a large scale in the North American region. Moreover, the Asia Pacific region is expected to witness significant growth over the forecast period during the forecast period owing to rapid industrialization and urbanization. The increasing data collection in countries like China and India is projected to drive the data wrangling market in the region over the forecast period.

 

Segment Covered

The report on the global data wrangling market covers segments such as component, deployment mode, enterprise size, and end-user industry. On the basis of components, the sub-markets include tools. On the basis of deployment mode, the sub-markets include cloud-based. On the basis of enterprise size, the sub-markets include large enterprises. On the basis of the end-user industry, the sub-markets include IT and telecommunication, government, BFSI, healthcare, and others.

 

Companies Profiled:

The report provides profiles of the companies in the market such as SAS Institute, Oracle Corporation, IBM Corporation, Dataiku, Datawatch, Alteryx, Talend, TIBCO Software, and Informatica.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of data wrangling market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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