Data Wrangling Market–Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028Segmented By Component (Tools and Service), By Deployment Model (On Cloud, On Premises), By Enterprise Model (Small and medium-Sized, Large), By End User (IT and Telecommunication, Retail and BFSI,) By Region
Global Data Wrangling Market is anticipated to grow at a robust pace in the forecast period, 2024-2028 owing to an increase in demand for web-based services such as Software as a Service (SaaS) from Data Wrangling providers. Data wrangling, also known as data cleaning, cleansing, remediation, munging, is the first and most critical stage in comprehending and operationalizing data insights. Connecting to data sources, reformatting the information to ensure consistency, eliminating duplicates, integrating dissimilar sources, and filtering out unnecessary "noise" in huge datasets are all part of the process.
Data analytics teams frequently spend 50-80% of their time wrangling data and preparing it for use in machine learning workflows, report production, and other related operations. Data wrangling or data munging is basically the process of changing and mapping information from raw data shape into another configuration with the goal of influencing it and making it more suitable and significant for an assortment of downstream purposes for example, analytics.
The factors such as rising concerns about information loss and theft, the upward trends of Bring Your Own Device (BYOD) and enterprise mobility are expected to emerge as the significant factors accelerating the growth of global data wrangling market. In addition to this, velocity of data and volume of data and technological advancements in AI and MI technologies, will further aggravate the growth of the global data wrangling market. However, issues related to data quality restrain the market.
Self-service data preparation model
The self-service data preparation paradigm is one of the primary drivers driving the data wrangling industry growth. This methodology enables enterprises to clean data sets without involving data scientists. This element has effectively allowed an organization's leaders to derive business insights without the intrusion of IT personnel. Furthermore, the relevance of big data across verticals, as well as the integration of artificial intelligence and machine learning technologies with data wrangling tools, is expected to drive the global data wrangling market forward. This is assisting in the increased usage of data wrangling in all industries, which will drive market growth throughout the forecast period.
Upward trends of Bring Your Own Device (BYOD) propelling the market
Bring Your Own Device (BYOD) and business mobility trends are predicted to emerge as important drivers fueling the growth of the data wrangling industry. Furthermore, the velocity and volume of data, as well as technical breakthroughs in AI and MI technologies, will exacerbate the growth of the data wrangling industry. However, difficulties with data quality act as a growth constraint for the sector. During the forecast period, the BYOD is propelling the growth of Global Data Wrangling Market.
Market Segmentation
Global Data Wrangling is segmented by component, by deployment model, by enterprise model, by end user, by region and competitive landscape. Based on Component, the market is segmented into Tools and Service. Based on Deployment model, the market is segmented into On Cloud and On Premises, Based on Enterprise model, the market is segmented into Small and medium-Sized, and Large. Based on End User, the market is segmented into IT and Telecommunication, Retail, and BFSI.
Market players
Major market players in the global data wrangling market are Trifacta Software Inc, Datawatch Corporation, TIBCO Software Inc, Teradata Corporation, Oracle Corporation, Talend SA, SAS Institute Inc, Alteryx Inc, Paxata Inc, Hortonworks Inc.
Report Scope:
In this report, the Global Data Wrangling Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Data Wrangling Market, By Component:
- Tools
- Service
- Data Wrangling Market, By Deployment model:
- On Cloud
- On Premises
- Data Wrangling Market, By Enterprise model:
- Small and medium-Sized
- Large
- Data Wrangling Market, By End User:
- IT and Telecommunication
- Retail
- BFSI
- Data Wrangling Market, By Region:
- North America
- United States
- Canada
- Mexico
- Asia-Pacific
- India
- China
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe
- Germany
- United Kingdom
- France
- Russia
- Switzerland
- Belgium
- Italy
- South America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Middle East Asia & Africa
- Saudi Arabia
- South Africa
- UAE
- Israel
- Turkey
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Data Wrangling Market.
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Company Information
- Detailed analysis and profiling of additional market players (up to five).
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