Data Prep Market Is Thriving Worldwide | Rapid Insight Inc., Unifi Software Inc., First Data Corporation, Paxata Inc., Trifacta Software Solutions, Inc., ClearStory Data Inc., Oracle, Lavastorm Analytics Inc. and More
Global Data Prep Market is expected to rise from its initial estimated value of USD 3.38 billion in 2018 to an estimated value of USD 21.48 billion by 2026, registering a CAGR of 26.00% in the forecast period to 2026. This rise in market value can be rising need for adhering to regulatory and compliance requirements.
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This Report cover detailed competitive outlook including the market share, size, growth, innovative trends, technology, application, types and company profiles of the key participants operating in the global market."
Rising need for adhering to regulatory and compliance requirements that are expected to drive the market growth.
There is Increase in importance of on-time qualified data is expected to drive the market growth.
Benefits of streamlined business operations is driving the market
Data prep tools help companies in predictive business analytics is also expected to drive the market growth.
Prominent Players Operating In The Data Prep Market Include:- Microsoft Corporation (US), IBM Corporation (US), TIBCO Software Inc. (US), SAP SE (Germany), SAS Institute Inc. (US), Alteryx, Inc. (US), Informatica (US), Altair Engineering, Inc. (US), Talend (US), TABLEAU SOFTWARE (US), QlikTech International AB (Sweden), Microstrategy Inc.(US), Rapid Insight Inc. (US), Unifi Software Inc.(US), First Data Corporation (US), Paxata Inc.(US), Trifacta Software Solutions, Inc. (US), ClearStory Data Inc.(US), Oracle (US), Lavastorm Analytics Inc.(US), and others.
Scope of the report
Years Considered: - 2020-2026
Base year: - 2019
Forecast period: - 2020-2026 (Value (USD Million))
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Data Prep Market in these regions, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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Key Developments in the Market:
In Sep 2018,Trifacta launched Google Cloud Dataprep. Trifacta, the global leader in data preparation, this technology has accelerated the productivity of analysts on GCP, allowing them to prepare and analyze data within the same environment.
In April 2018, Tableau announces two new data prep and subscription offering products. Tableau's new tailored offering is designed to deliver more value, which will give full analytics capabilities to analysts and power users.
Few of questions are answered below-:
What are the market tools and techniques employed to evaluate overall market?
Various market research tools and techniques such as PESTEL analysis, SWOT analysis, Porter's Five Forces analysis, Primary and secondary research methodologies have utilized to dig deep into this Data Prep Market These research tools helps to identify hidden market opportunities of the market.
What methodology is used to break down complex market data?
Regional Growth Analysis:
All major regions and countries have been covered in the report. The regional analysis will help market players to tap into unexplored regional markets, prepare specific strategies for target regions, and compare the growth of all regional markets.
The study objectives of this report are:
To analyze Data Prep Market status, future forecast, growth opportunity, key market and key players.
To present the Data Prep Market development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
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