Market Overview:
Data preparation tools or software which is used for collection of data from different sources, merging data, organizing data and data analysis. Data preparation tools helps to improve data quality and integrity. It include function such as data cataloging, data quality, data governance, Data ingestion and Data curation.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | IBM (United States), TIBCO Software (United States), Microsoft Corporation (United States), SAS Institute (United States), Datawatch (United States), Tableau Software (United States), Qlik Technologies (United States), SAP SE (United States), Talend (United States), Microstrategy (United States), Alteryx, Inc. (United States) and Informatica Corporation (United States) |
CAGR | 24.33% |
Influencing Trend:
Adoption of Cloud Based Platform and Increasing Demand of Self Service Data Preparation Tools
Market Growth Drivers:
Increase Dependency of Real Time Data and Up surging Demand in Industries Such As IT, Healthcare and Other
Challenges:
Increasing Concern towards Data Security and Privacy
The key Players profiled in the report are IBM (United States), TIBCO Software (United States), Microsoft Corporation (United States), SAS Institute (United States), Datawatch (United States), Tableau Software (United States), Qlik Technologies (United States), SAP SE (United States), Talend (United States), Microstrategy (United States), Alteryx, Inc. (United States) and Informatica Corporation (United States). Additionally, other players that are of this comprehensive study are MicroStrategy Incorporated (United States) and SAS Institute Inc. (United States).
Market Development Activities
In January, 2021IBCO Software Inc., a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. Today, TIBCO announced it has successfully closed the acquisition of Information Builders, Inc. following its announcement in October to acquire the business.
In November 2022,TIBCO, a global leader in enterprise data, empowers its customers to connect, unify, and confidently predict business outcomes, solving the world's most complex data-driven challenges. Today, TIBCO announced that ibi WebFOCUS® has been declared the Best SaaS Product for Business Intelligence or Analytics winner in the international SaaS Awards program.
Key Target Audience
Data preparation software vendors, Cloud Solution Provider, System integrators, Networking Industries, Third-party providers, Government Organizations, Private Research Organizations, Technology Providers and Others