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Data Preparation Market Outlook 2019 | Shows Industry Overview, Size, Share, Remarkable Growth Factors, Types, and Applications Forecast to 2024

Data

The “Data Preparation Market” research report 2019-2024 delivers comprehensive information and valuable insights about the Data Preparation industry. The information available in the Data Preparation market report is not only based on the facts but also on the case studies, which analysts have included to convey appropriate information to the clients in a well-versed manner. Data Preparation market report includes valuable information to assist new entrants, as well as established players, to understand the prevailing trends in the market.

Some Companies Are Covered in the Data Preparation Market:

  • Informatica LLC
  • IBM Corporation
  • SAS Institute Inc.
  • Microstrategy Inc.
  • Tableau Software Inc.
  • SAP SE
  • Alteryx Inc.
  • Rapid Insight Inc.
  • Unifi Software Inc.
  • Data Corporation
  • Paxata Inc.
  • Trifacta Software Inc.
  • ClearStory Data Inc.
  • Oracle Corporation

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    Market Overview:

  • The data preparation market has been valued at USD 889.19 million in 2018 and is projected to reach USD 1.9 billion by 2024 at a CAGR of 14.5% during the forecast period (2019 – 2024). The companies are demanding fast debugging time to generate meaningful insights than ever to sustain in the market owing to digital disruption. As a result, the requirement for analytics, particularly data analytics is becoming pervasive among different organizations. The data analytics professionals and companies are finding difficulties in driving insights owing to rising complexities in the procurement of data.
  • – This significant increase in the volume of data resulted in the swift proliferation of data and data analytics. Therefore, businesses are demanding faster time to insight than ever before, in order to remain competitive, particularly as more industries are facing digital disruption.
  • – The cloud and data centres have become the backbone of the banking sector during the digitization movement. The increasing competition and demand for online services in the banking and financial sectors are driving the market for data centres.
  • – Large enterprises perform a variety of applications, which comprise of many aspects, such as merging of different sources, changing the format, maintaining the data quality, managing data provenance, and using reproducible processes, in order to easily process and analyze the unstructured data. <

    Scope of the Report:

  • Data preparation is an exhaustive process of gathering, combining, structuring and organizing data so that it can be analyzed by the help of data visualization, analytics and machine learning applications. Advanced analytics utilize different types of data, from different sources, and apply precise algorithmic processing. Moreover, with the rising demand of ETL (Extract, Transform, Load) integration, the time and cost spent in preparing the data for analysis are fueling the demand of the data preparation market during the forecast period. <

    Reasons for Buying Data Preparation Market Report:

    • This report provides pin-point analysis for changing competitive dynamics
    • It provides a forward looking perspective on different factors driving or restraining market growth
    • It provides a five-year forecast assessed on the basis of how the market is predicted to grow
    • It helps in understanding the key product segments and their future
    • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
    • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments

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    Key Market Trends:

    IT and Telecom Segment is expected to hold a Significant Market Share

    – Telecom and IT companies around the world are creating data gold mine, as they generate plenty of data. The lack of effective analysis of both unstructured and structured data to get more profound insights into customer behaviour, as well as the growing need to analyse their preferences and service usage patterns in real-time, is motivating these companies to adopt data analytics, which is indirectly impacting the market’s growth.
    – Moreover, data solutions are helping the IT and telecom industry to empower exploratory analytics, increase analyst productivity, and improve organizational data usage. While telecommunications providers are used to dealing with large volumes of customer data, the considerable complexity of today’s data is a new challenge.

    North America is Expected to Hold the Largest Market Share

    – North America dominates the market studied, mainly due to high investments in cloud-based and data-oriented solutions. Moreover, early adoption of new and emerging technologies, along with the presence of a large number of significant market vendors is fueling the market across the North America region.
    – Data preparation platforms and tools across the region also help the government in enhancing their public services. For instance, Accenture used data solutions for the US city, Chicago, and assisted in identifying high-value projects and developing a road map for moving forward with Big Data analytics. Various other companies used these datasets from various type of sources to improve their service delivery.

    Data Preparation Market Report Provides Comprehensive Analysis of:

    • Functional market industry outline
    • Up and downstream industry examination
    • Channels and propositions believability
    • Market challenge by key players
    • Enhancement suggestions examination

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    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

    Detailed TOC of Data Preparation Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Process Flow
    4.3 Introduction to Market Drivers and Restraints
    4.4 Market Drivers
    4.4.1 Demand For Self-service Data Preparation Tools
    4.4.2 Increasing Demand For Data Analytics
    4.5 Market Restraints
    4.5.1 Difficulties In Implementing Cyber Insurance And High Costs
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry
    4.7 Technology Snapshot

    5 MARKET SEGMENTATION
    5.1 By Deployment
    5.1.1 On-Premise
    5.1.2 Cloud-Based
    5.2 By Enterprise Size
    5.2.1 Small and Medium Enterprises
    5.2.2 Large Enterprises
    5.3 By End-user Vertical
    5.3.1 BFSI
    5.3.2 Healthcare
    5.3.3 Retail
    5.3.4 Manufacturing
    5.3.5 IT & Telecommuniction
    5.3.6 Other End-user Verticals
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Informatica LLC
    6.1.2 IBM Corporation
    6.1.3 SAS Institute Inc.
    6.1.4 Microstrategy Inc.
    6.1.5 Tableau Software Inc.
    6.1.6 SAP SE
    6.1.7 Alteryx Inc.
    6.1.8 Rapid Insight Inc.
    6.1.9 Unifi Software Inc.
    6.1.10 Data Corporation
    6.1.11 Paxata Inc.
    6.1.12 Trifacta Software Inc.
    6.1.13 ClearStory Data Inc.
    6.1.14 Oracle Corporation

    7 INVESTMENT ANLYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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