Global Data Wrangling Market Overview:
Data wrangling is a technique or a process of mapping and transforming data which is taken from the raw data sources and then transformed into another format, with the intent of making it more appropriate and valuable for a variety of downstream purposes such as analytics. With gaining widespread adoption for analytics, data wrangling tools are expected to be adopted across multiple verticals. These tools would be able to filter out unwanted data and standardized the data that would be efficiently used by end-user.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Adoption of AI and Ml Technologies
Market Growth Drivers:
Increasing Volume and Velocity of Data and The Increasing Smart Cities Across the World and Rapid Adoption of IoT Devices
Challenges:
Lack of Awareness of Data Wrangling Tools among SMEs and Concerns Regarding Data Quality
Restraints:
Lack of Awareness of Data Wrangling Tools and Reluctance to Shift From Traditional ETL Tools to Advanced Automated Tools
Opportunities:
Increasing Regulatory Pressure and Growth of Edge Computing
Competitive Landscape:
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Some of the key players profiled in the report are Trifacta (United States), Datawatch (United States), Dataiku (France), IBM (United States), SAS Institute (United States), Oracle (United States), Talend (United States), Alteryx (United States), TIBCO (United States), Paxata (United States) and Impetus (United States). Additionally, following companies can also be profiled that are part of our coverage like Informatica (United States), Hitachi Vantara (United States) and Teradata (United States). Analyst at AMA Research see United states Manufacturers to retain maximum share of Global Data Wrangling market by 2028. Considering Market by Function Type, the sub-segment i.e. Marketing and Sales will boost the Data Wrangling market. Considering Market by Organisation Size, the sub-segment i.e. Large enterprises will boost the Data Wrangling market. Considering Market by Deployment Model, the sub-segment i.e. On-premises will boost the Data Wrangling market.
Latest Market Insights:
On September 28, 2023, Talend, a cloud-based data integration platform provider, announced its acquisition of Datastream, a provider of real-time data replication software. The acquisition is expected to help Talend expand its capabilities in real-time data integration.
On October 4, 2023, DataRobot, a leading provider of AI data preparation software, announced its acquisition of DataVisor, a provider of data quality software. The acquisition is expected to help DataRobot expand its product portfolio and provide a more comprehensive solution for data preparation and quality.
In the United States, there is no as such regulation for Big Data especially but the companies seeking to participate in Big Data operations must ensure that their proposed activities comply with privacy laws that are applicable to the data involved in their operations, as well as the companies' own privacy policies and all applicable contractual requirements. For example, companies will need to comply with all other applicable privacy and data security laws, including laws regarding privacy policy disclosures, such as the California Online Privacy Protection Act, laws concerning data breaches and regulations mandating data security requirements, such as the Massachusetts Data Security regulations.
What Can be Explored with the Data Wrangling Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Data Wrangling Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Data Wrangling
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Data Wrangling market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Data Wrangling market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Investors and venture capitalists, Value-Added Re-sellers (VARs), Professional service providers, Software and application developers, Government agencies, Small and Medium-sized Enterprises (SMEs) and large enterprises, Third-party providers, Consultants/consultancies/advisory firms and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.