Press release
2020 Analysis: Data Preparation Tools Market Insights, New Project Investment & Potential Growth Scope by 2027 - Microsoft, MicroStrategy Incorporated, QlikTech International AB, SAP SE, SAS Institute, TIBCO Software
The Insight Partners
Data preparation tools help in combining, cleaning, exploring, and transforming raw data into curated datasets for data analytics, data integration, data discovery, and data science. Rising adoption of cloud platforms and a self-service data preparation platform is a growing trend among the data-driven IT companies. The need for efficient cataloging tools to access and analyze a large volume of data is booming the growth of the data preparation tools market. Increasing unstructured and semi-structured data, also rising complexity of data requires data preparation tools, which also attributed the growth of the data preparation tools market.
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Growing adoption of the data preparation tool due to its benefits such as allows efficient analysis, limited error, and inaccuracies during data processing, and makes all processes more accessible to the user, henceforth boosting the growth of the data preparation tools market. Growing demand for self-service data preparation tools in enterprises to adopt advanced analytics and business intelligence, which fuels the growth of the data preparation tools market. Furthermore, modernization of business operations and the increasing use of data preparation tools in business analytics is expected to positively impact on the growth of the data preparation tools market.
Top Brands in Data Preparation Tools Market are -
- Altair Engineering, Inc.
- ALTERYX, INC.
- Informatica
- International Business Machines Corporation
- Microsoft
- MicroStrategy Incorporated
- QlikTech International AB
- SAP SE
- SAS Institute Inc.
- TIBCO Software Inc.
The global data preparation tools market is segmented on the basis of platform, function, deployment mode, end-user. On the basis of platform the market is segmented as self-service, data integration. On the basis of function the market is segmented as data collection, data cataloging, data quality, data governance, data ingestion, data curation. On the basis of deployment mode the market is segmented as on-premises, cloud. On the basis of end-user the market is segmented as BFSI, government, IT and telecom, retail and ecommerce, healthcare, energy and utilities, transportation, others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data preparation tools market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data preparation tools market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
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