Data Mining Tools Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Data Mining Tools Market
The global data mining tools market size was valued at USD 1.01 billion in 2023. The market is projected to grow from USD 1.13 billion in 2024 to USD 2.99 billion by 2032, exhibiting a CAGR of 12.9% during the forecast period from 2024 to 2032.
Businesses have been using mining technologies to study massive web datasets as a result of the COVID-19 epidemic. Data turned furnished by means of social media and healthcare carriers, which extended the extent of records and substantially increased the marketplace's growth for information mining technology.
Enterprises are an increasing number of making an investment in records mining equipment to decorate purchaser delight amid rising business complexities and hard opposition. These gear help organizations are expecting trends and gain insights into purchaser choices, top product segments, and pleasure degrees, enabling them to broaden powerful future strategies.
Industries like logistics and transportation are changing speedy due to era breakthroughs, especially in gadget learning and artificial intelligence. According to a 2023 Industrial Insights studies, the adoption of telematics, data mining, and different modern technology with the aid of 65% of senior executives ended in top notch adjustments that fueled enterprise expansion.
Comprehensive Analysis of Data Mining ToolsMarket
Segmentation in the Data Mining Tools market share is driving the market because it allows companies to target specific customer groups with tailored services and solutions. The data mining tools market is classified into several segments based on deployment, enterprise type, industry, and application. By deployment, it includes cloud and on-premise solutions. Enterprise types are divided into large enterprises and small & medium enterprises. The market serves various industries such as BFSI, healthcare, retail, IT & telecom, manufacturing, education, government, and others. Applications of data mining tools encompass marketing, supply chain & procurement, intrusion detection, business transactions, and more.
North America leads the marketplace due to the emergence of advanced technology like AI, gadget mastering, and IoT. The U.S. Drives this fashion with early tech adoption, great information technology, and several key marketplace players, boosting demand for statistics evaluation and sample recognition.
Key players in the Data Mining Tools market drive expansion through strategic partnerships, acquisitions, and innovative products, aiming to maintain dominance across regions and enhance global service reach.Key players in the data mining tools market include IBM Corporation (U.S.), Teradata Corporation (U.S.), Kaggle (Google LLC) (U.S.), KNIME AG (Switzerland), Sisense Inc. (U.S.), SAS Institute Inc. (U.S.), Rattle GUI (Togaware Pty Ltd) (Australia), Altair Engineering Inc. (RapidMiner) (U.S.), Oracle Corporation (U.S.), and Orange (Ljubljana).
In May 2023, WiMi Hologram Cloud Inc. rolled out a cool new data interaction system that mixes neural networks with data mining. It boosts real-time interactions and keeps information transfer reliable and safe.
Segmentation Table
Global Data Mining Tools Market Scope
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
CAGR CAGR of 12.9 % from 2024 to 2032
Unit Value (USD billion)
Segmentation By Deployment
On-Premise
Cloud
By Enterprise Type
Large Enterprises
Small & Medium Enterprises
By Industry
BFSI
Healthcare
Retail
IT & Telecom
Manufacturing
Education
Government
Others (Automotive)
By Application
Marketing
Supply Chain & Procurement
Intrusion Detection
Business Transaction
Others (Financial Analysis)
By Region
North America (By Deployment, By Enterprise Type, By Industry, By Application, and By Country)
- U.S. (By Industry)
- Canada (By Industry)
- Mexico (By Industry)
South America (By Deployment, By Enterprise Type, By Industry, By Application, and By Country)
- Brazil (By Industry)
- Argentina (By Industry)
- Rest of South America
Europe (By Deployment, By Enterprise Type, By Industry, By Application, and By Country)
- U.K. (By Industry)
- Germany (By Industry)
- France (By Industry)
- Italy (By Industry)
- Spain (By Industry)
- Russia (By Industry)
- Benelux (By Industry)
- Nordics (By Industry)
- Rest of Europe
Middle East & Africa (By Deployment, By Enterprise Type, By Industry, By Application, and By Country)
- Turkey (By Industry)
- Israel (By Industry)
- GCC (By Industry)
- North Africa (By Industry)
- South Africa (By Industry)
- Rest of MEA
Asia Pacific (By Deployment, By Enterprise Type, By Industry, By Application, and By Country)
- China (By Industry)
- Japan (By Industry)
- India (By Industry)
- South Korea (By Industry)
- ASEAN (By Industry)
- Oceania (By Industry)
- Rest of Asia Pacific
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- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Data Mining Tools Key Players Market Share Insights and Analysis, 2023
- 5. Global Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 5.1. Key Findings
- 5.2. By Deployment (USD)
- 5.2.1. On-Premises
- 5.2.2. Cloud
- 5.3. By Enterprise Type (USD)
- 5.3.1. Large Enterprises
- 5.3.2. Small & Medium Enterprises
- 5.4. By Industry (USD)
- 5.4.1. BFSI
- 5.4.2. Healthcare
- 5.4.3. Retail
- 5.4.4. IT & Telecom
- 5.4.5. Manufacturing
- 5.4.6. Education
- 5.4.7. Government
- 5.4.8. Others (Automotive, etc.)
- 5.5. By Application (USD)
- 5.5.1. Marketing
- 5.5.2. Supply Chain and Procurement
- 5.5.3. Intrusion Detection
- 5.5.4. Business Transaction
- 5.5.5. Others (Financial Analysis, etc.)
- 5.6. By Region (USD)
- 5.6.1. North America
- 5.6.2. South America
- 5.6.3. Europe
- 5.6.4. Middle East & Africa
- 5.6.5. Asia Pacific
- 6. North America Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 6.1. Key Findings
- 6.2. By Deployment (USD)
- 6.2.1. On-Premises
- 6.2.2. Cloud
- 6.3. By Enterprise Type (USD)
- 6.3.1. Large Enterprises
- 6.3.2. Small & Medium Enterprises
- 6.4. By Industry (USD)
- 6.4.1. BFSI
- 6.4.2. Healthcare
- 6.4.3. Retail
- 6.4.4. IT & Telecom
- 6.4.5. Manufacturing
- 6.4.6. Education
- 6.4.7. Government
- 6.4.8. Others (Automotive, etc.)
- 6.5. By Application (USD)
- 6.5.1. Marketing
- 6.5.2. Supply Chain and Procurement
- 6.5.3. Intrusion Detection
- 6.5.4. Business Transaction
- 6.5.5. Others (Financial Analysis, etc.)
- 6.6. By Country (USD)
- 6.6.1. United States
- 6.6.1.1. By Industry
- 6.6.2. Canada
- 6.6.2.1. By Industry
- 6.6.3. Mexico
- 6.6.3.1. By Industry
- 7. South America Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 7.1. Key Findings
- 7.2. By Deployment (USD)
- 7.2.1. On-Premises
- 7.2.2. Cloud
- 7.3. By Enterprise Type (USD)
- 7.3.1. Large Enterprises
- 7.3.2. Small & Medium Enterprises
- 7.4. By Industry (USD)
- 7.4.1. BFSI
- 7.4.2. Healthcare
- 7.4.3. Retail
- 7.4.4. IT & Telecom
- 7.4.5. Manufacturing
- 7.4.6. Education
- 7.4.7. Government
- 7.4.8. Others (Automotive, etc.)
- 7.5. By Application (USD)
- 7.5.1. Marketing
- 7.5.2. Supply Chain and Procurement
- 7.5.3. Intrusion Detection
- 7.5.4. Business Transaction
- 7.5.5. Others (Financial Analysis, etc.)
- 7.6. By Country (USD)
- 7.6.1. Brazil
- 7.6.1.1. By Industry
- 7.6.2. Argentina
- 7.6.2.1. By Industry
- 7.6.3. Rest of South America
- 8. Europe Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 8.1. Key Findings
- 8.2. By Deployment (USD)
- 8.2.1. On-Premises
- 8.2.2. Cloud
- 8.3. By Enterprise Type (USD)
- 8.3.1. Large Enterprises
- 8.3.2. Small & Medium Enterprises
- 8.4. By Industry (USD)
- 8.4.1. BFSI
- 8.4.2. Healthcare
- 8.4.3. Retail
- 8.4.4. IT & Telecom
- 8.4.5. Manufacturing
- 8.4.6. Education
- 8.4.7. Government
- 8.4.8. Others (Automotive, etc.)
- 8.5. By Application (USD)
- 8.5.1. Marketing
- 8.5.2. Supply Chain and Procurement
- 8.5.3. Intrusion Detection
- 8.5.4. Business Transaction
- 8.5.5. Others (Financial Analysis, etc.)
- 8.6. By Country (USD)
- 8.6.1. United Kingdom
- 8.6.1.1. By Industry
- 8.6.2. Germany
- 8.6.2.1. By Industry
- 8.6.3. France
- 8.6.3.1. By Industry
- 8.6.4. Italy
- 8.6.4.1. By Industry
- 8.6.5. Spain
- 8.6.5.1. By Industry
- 8.6.6. Russia
- 8.6.6.1. By Industry
- 8.6.7. Benelux
- 8.6.7.1. By Industry
- 8.6.8. Nordics
- 8.6.8.1. By Industry
- 8.6.9. Rest of Europe
- 9. Middle East & Africa Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 9.1. Key Findings
- 9.2. By Deployment (USD)
- 9.2.1. On-Premises
- 9.2.2. Cloud
- 9.3. By Enterprise Type (USD)
- 9.3.1. Large Enterprises
- 9.3.2. Small & Medium Enterprises
- 9.4. By Industry (USD)
- 9.4.1. BFSI
- 9.4.2. Healthcare
- 9.4.3. Retail
- 9.4.4. IT & Telecom
- 9.4.5. Manufacturing
- 9.4.6. Education
- 9.4.7. Government
- 9.4.8. Others (Automotive, etc.)
- 9.5. By Application (USD)
- 9.5.1. Marketing
- 9.5.2. Supply Chain and Procurement
- 9.5.3. Intrusion Detection
- 9.5.4. Business Transaction
- 9.5.5. Others (Financial Analysis, etc.)
- 9.6. By Country (USD)
- 9.6.1. Turkey
- 9.6.1.1. By Industry
- 9.6.2. Israel
- 9.6.2.1. By Industry
- 9.6.3. GCC
- 9.6.3.1. By Industry
- 9.6.4. North Africa
- 9.6.4.1. By Industry
- 9.6.5. South Africa
- 9.6.5.1. By Industry
- 9.6.6. Rest of MEA
- 10. Asia Pacific Data Mining Tools Market Size Estimates and Forecasts, By Segments, 2019-2032
- 10.1. Key Findings
- 10.2. By Deployment (USD)
- 10.2.1. On-Premises
- 10.2.2. Cloud
- 10.3. By Enterprise Type (USD)
- 10.3.1. Large Enterprises
- 10.3.2. Small & Medium Enterprises
- 10.4. By Industry (USD)
- 10.4.1. BFSI
- 10.4.2. Healthcare
- 10.4.3. Retail
- 10.4.4. IT & Telecom
- 10.4.5. Manufacturing
- 10.4.6. Education
- 10.4.7. Government
- 10.4.8. Others (Automotive, etc.)
- 10.5. By Application (USD)
- 10.5.1. Marketing
- 10.5.2. Supply Chain and Procurement
- 10.5.3. Intrusion Detection
- 10.5.4. Business Transaction
- 10.5.5. Others (Financial Analysis, etc.)
- 10.6. By Country (USD)
- 10.6.1. China
- 10.6.1.1. By Industry
- 10.6.2. Japan
- 10.6.2.1. By Industry
- 10.6.3. India
- 10.6.3.1. By Industry
- 10.6.4. South Korea
- 10.6.4.1. By Industry
- 10.6.5. ASEAN
- 10.6.5.1. By Industry
- 10.6.6. Oceania
- 10.6.6.1. By Industry
- 10.6.7. Rest of Asia Pacific
- 11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
- 11.1. Oracle Corporation
- 11.1.1. Overview
- 11.1.1.1. Key Management
- 11.1.1.2. Headquarters
- 11.1.1.3. Offerings/Business Segments
- 11.1.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.1.2.1. Employee Size
- 11.1.2.2. Past and Current Revenue
- 11.1.2.3. Geographical Share
- 11.1.2.4. Business Segment Share
- 11.1.2.5. Recent Developments
- 11.2. IBM Corporation
- 11.2.1. Overview
- 11.2.1.1. Key Management
- 11.2.1.2. Headquarters
- 11.2.1.3. Offerings/Business Segments
- 11.2.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.2.2.1. Employee Size
- 11.2.2.2. Past and Current Revenue
- 11.2.2.3. Geographical Share
- 11.2.2.4. Business Segment Share
- 11.2.2.5. Recent Developments
- 11.3. KNIME AG
- 11.3.1. Overview
- 11.3.1.1. Key Management
- 11.3.1.2. Headquarters
- 11.3.1.3. Offerings/Business Segments
- 11.3.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.3.2.1. Employee Size
- 11.3.2.2. Past and Current Revenue
- 11.3.2.3. Geographical Share
- 11.3.2.4. Business Segment Share
- 11.3.2.5. Recent Developments
- 11.4. Altair Engineering Inc. (RapidMiner)
- 11.4.1. Overview
- 11.4.1.1. Key Management
- 11.4.1.2. Headquarters
- 11.4.1.3. Offerings/Business Segments
- 11.4.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.4.2.1. Employee Size
- 11.4.2.2. Past and Current Revenue
- 11.4.2.3. Geographical Share
- 11.4.2.4. Business Segment Share
- 11.4.2.5. Recent Developments
- 11.5. Orange
- 11.5.1. Overview
- 11.5.1.1. Key Management
- 11.5.1.2. Headquarters
- 11.5.1.3. Offerings/Business Segments
- 11.5.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.5.2.1. Employee Size
- 11.5.2.2. Past and Current Revenue
- 11.5.2.3. Geographical Share
- 11.5.2.4. Business Segment Share
- 11.5.2.5. Recent Developments
- 11.6. Rattle GUI (Togaware Pty Ltd)
- 11.6.1. Overview
- 11.6.1.1. Key Management
- 11.6.1.2. Headquarters
- 11.6.1.3. Offerings/Business Segments
- 11.6.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.6.2.1. Employee Size
- 11.6.2.2. Past and Current Revenue
- 11.6.2.3. Geographical Share
- 11.6.2.4. Business Segment Share
- 11.6.2.5. Recent Developments
- 11.7. Sisense Inc.
- 11.7.1.
- 11.7.1.1. Overview
- 11.7.1.2. Key Management
- 11.7.1.3. Headquarters
- 11.7.1.4. Offerings/Business Segments
- 11.7.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.7.2.1. Employee Size
- 11.7.2.2. Past and Current Revenue
- 11.7.2.3. Geographical Share
- 11.7.2.4. Business Segment Share
- 11.7.2.5. Recent Developments
- 11.8. Kaggle (Google LLC)
- 11.8.1. Overview
- 11.8.1.1. Key Management
- 11.8.1.2. Headquarters
- 11.8.1.3. Offerings/Business Segments
- 11.8.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.8.2.1. Employee Size
- 11.8.2.2. Past and Current Revenue
- 11.8.2.3. Geographical Share
- 11.8.2.4. Business Segment Share
- 11.8.2.5. Recent Developments
- 11.9. SAS Institute Inc.
- 11.9.1. Overview
- 11.9.1.1. Key Management
- 11.9.1.2. Headquarters
- 11.9.1.3. Offerings/Business Segments
- 11.9.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.9.2.1. Employee Size
- 11.9.2.2. Past and Current Revenue
- 11.9.2.3. Geographical Share
- 11.9.2.4. Business Segment Share
- 11.9.2.5. Recent Developments
- 11.10. Teradata Corporation
- 11.10.1. Overview
- 11.10.1.1. Key Management
- 11.10.1.2. Headquarters
- 11.10.1.3. Offerings/Business Segments
- 11.10.2. Key Details (Key details are consolidated data and not product/service specific)
- 11.10.2.1. Employee Size
- 11.10.2.2. Past and Current Revenue
- 11.10.2.3. Geographical Share
- 11.10.2.4. Business Segment Share
- 11.10.2.5. Recent Developments
- 12. Key Takeaway
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