Data Preparation Market will be Valued at $6.06 Billion globally by 2023, growing at a CAGR of 22.7% | Top Key Players – Microsoft, Tableau, Qlik Technologies, SAP SE, Informatica, IBM, SAS Institute, Alteryx, Rapid Insight

Marketprognosis.com Publish a New Market Research Report On “Global Data Preparation Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Data Preparation Market:

The Global Data Preparation Market has been valued at USD 1.78 Billion in 2017 and is expected to grow at a CAGR of 22.7% during the forecast period (2018 - 2023), to reach USD 6.06 Billion by 2023.

The scope of the report is limited to deployment type including on-premise and cloud, enterprise size including SMEs and mid-sized and large enterprise, and end user vertical including BSFI, Healthcare, retail, manufacturing, IT and telecommunication, and others. The regions considered in the scope of the report include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The study also emphasizes the benefits of semiconductor memory in accordance with diverse application and future prospect of the same.

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The companies are demanding fast debugging time to generate meaningful insights than ever to sustain in the market owing to digital disruption. As a result, the requirement for analytics, particularly data analytics is becoming pervasive across various size of organizations. The data analytics professionals and companies are finding difficulties in driving insights owing to rising complexities in the procurement of data. The data collected are usually unstructured or semi-structured which requires being in the uniform format leading to maximum yield and efficiency. In response to this problem, companies are devoting more or maximum time in data preparation to generate and have clean data to perform analytics. According to Oracle, it is estimated that approximately 90% of the time is invested for data preparation in the chain of data analytics.

The increasing volume of unstructured and semi-structured data are increasing owing to diverse data sources which require data preparation as a vital process which is likely to foster the market growth. Additionally, the complex data is required to have precise data cleaning to extract meaningful insights from the same which is expected to propel the market growth over the next six years.

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There is a rise in crimes reported in the BFSI sector in India, leading to financial sectors rapidly adopting fraud detection techniques to prevent the same. These techniques predict the fraud(s) based on the big data generated from users and previous data which requires intense amount of data preparation thereby having a positive impact on the market in Asia Pacific region.

Major Key Players:

1 Microsoft Corporation

2 Tableau Software, Inc.

3 Qlik Technologies Inc.

4 SAP SE

5 Informatica

6 IBM Corporation

7 SAS Institute

8 Alteryx, Inc

9 Rapid Insight and More……………..

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Data Preparation Market.

Table of Contents:

1 Introduction

2 Data Preparation Market Research Approach and Methodology

3 Executive Summary

4 Data Preparation Market Dynamics

5 Data Preparation Market Segmentation

6 Competitive Intelligence - Company Profiles

7 Investment Analysis

8 Opportunities in Global Data Prep Market

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This release was published on openPR.