Data Prep Market Is Likely to Grasp the CAGR of 26.50% by 2030, Size, Share, Challenges and Competitive Analysis

PRESS RELEASE
Published November 3, 2023

Data Bridge Market Research has recently published an extensive research report titled “Data Prep Market” aimed at providing you with a competitive edge by keeping you better informed. This comprehensive study offers a wider perspective of the market through its in-depth insights and analysis, facilitating survival and success in the industry. Serving as a reliable source, the report uncovers prevailing market conditions and trends, making it an invaluable tool for developing a successful marketing strategy. With its telescopic view of the current market landscape, this report provides valuable information on trends, opportunities, and the overall status of the market. Through strategic market research analysis and insightful Data Prep, this industry report delves into the relevant markets of clients. It also includes a detailed SWOT analysis and investment analysis in the expansive Data Prep market, thereby forecasting imminent opportunities for market players.

Data Bridge Market Research analyses that the data prep market is expected to reach USD 54.49 billion by 2030, which is USD 8.31 billion in 2022, at a CAGR of 26.50% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Get a Sample PDF of Data Prep Market Research Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-data-prep-market&Somesh=

Key Opportunities:

  • Surging product launches by major market players in data prep market

Surging product launches and other advanced innovations by major market players will create numerous opportunities for the growth of the market. For instance, SAS Institute Inc. introduced an innovative and self-service data preparation tool that can increase enterprise users’ reusability, productivity, and analytical capabilities in January 2018. This new launch helped the company to increase its market share and improve its product portfolio.

  • Increasing strategic investment by major market players

Growing strategic investment by major market players will further generate numerous opportunities for the growth of the market. For instance, Alteryx, Inc., an Analytics Automation company, has announced a strategic investment in MANTA, the data lineage company, in 2022. MANTA allows businesses to achieve complete prominence in most complex data environments. With this investment, the company can expand its partner ecosystem, boost product innovation, and grow in key markets.

Top Leading Key Players of Data Prep Market:

  • IBM (U.S.)
  • TIBCO Software Inc. (U.S.)
  • SAP (Germany)
  • Microsoft (U.S.)
  • Oracle (U.S.)
  • SAS Institute Inc., (U.S.)
  • ALTERYX, INC. (U.S.)
  • Altair Engineering Inc. (U.S.)
  • TIBCO Software Inc. (U.S.)
  • (U.S.)
  • QlikTech International AB (Sweden)
  • DataRobot Inc., (U.S.)
  • MICROSTRATEGY INCORPORATED (U.S.)
  • TABLEAU SOFTWARE, LLC, (U.S.)
  • Informatica (U.S.)
  • Talend (U.S.)

Recent Development:

  • In 2022, Qlik introduced Enterprise Integration Platform n to boost enterprise data strategies through a real-time data integration fabric which connects all enterprise data sources and applicationsto the cloud. This new data integration platform joins cataloging capabilities and data preparation in one place and allowing enterprises to ready their data in real-time for analysis.
  • In 2022, Alteryx, Inc., announced their acquisition with Trifacta. With this, acquisition, they will make data analytics more intuitive and faster. By acquiring Trifacta, the company aims to use its advanced cloud platform to aid customers make a robust data pipeline with more preparation capabilities and significant profiling.
  • In 2021, Talend announced its new innovations to offer data professionals with high-performance integration tools to leading collaborative data governance capabilities, cloud intelligence platforms, and private connections between Amazon AWS and Microsoft Azure to ensure data security.
  • In 2020, Tableau Software announced the launch of Tableau 2020.4, which streamlines the enterprise-wide data preparation and bringing the complete collection of Tableau Prep capabilities to browser on Tableau Server and Tableau Online.

To Gain More Insights into the Market Analysis, Browse Summary of the Data Prep Market Report@ https://www.databridgemarketresearch.com/reports/global-data-prep-market?Somesh=

Key Market Segments Covered in Data Prep Industry Research

Platform

  • Self-Service Data Prep
  • Data Integration

 Tool

  • Curation
  • Cataloging
  • Quality
  • Ingestion
  • Governance

Deployment Model

  • Hosted
  • On-Premise

 Organization Size

  • SMEs and Mid-Sized
  • Large Enterprise

Vertical

  • Banking, Financial Services, and Insurance
  • Government
  • Healthcare
  • Retail and E-Commerce
  • Manufacturing
  • Energy and Utilities
  • Transportation
  • IT and Telecommunication
  • Others

Data Prep Market Country Level Analysis

The countries covered in the Data Prep Market report are U.S. Canada and Mexico, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific, U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey, Belgium, and Rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and Rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

The region section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.

Investing in this study would grant you access to valuable information, including:

  • Comprehensive coverage of the Data Prep Market, both globally and broken down by regions.
  • Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
  • Country-specific market size splits for the most important countries with major market shares.
  • Market share and revenue/sales data for the industry’s leading players.
  • Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
  • Detailed market size data, including breakdowns by application/industry verticals.
  • Projections and forecasts for the market’s future growth and development.

Table of Content

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. Global Data Prep Market, By Segmentations
  7. Global Data Prep Market, By Region
  8. Global Data Prep Market, Company Landscape
  9. SWOT Analysis
  10. Company Profile
  11. Questionnaire
  12. Related Reports

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-data-prep-market&Somesh=

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About Data Bridge Market Research, Private Ltd

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