Press release
Data Wrangling Market Technological Innovation and Growth 2021 to 2026
The Global Data Wrangling Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.The data wrangling market was valued at USD 1.31 billion in 2019 and is expected to reach USD 2.28 billion by 2025, at a CAGR of 9.65% over the forecast period 2020 - 2025.
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Key Market Players: TrifactaÊSoftware Inc., TIBCO SoftwareÊInc., DatawatchÊCorporation, TeradataÊCorporation, Oracle Corporation, SASÊInstitute Inc., TalendÊSA, Alteryx Inc., Paxata Inc., Hortonworks Inc.and Other
Key Market Trends
BFSI is Expected to hold a Significant Share
- The banking and financial institutions have been increasingly using data wranglers that enables them to optimize processes and inform agents on how to best interact with customers online, reducing the time spent on data preparation by 15x. This enables such organizations to have a 360-degree view of their clients.
- The Royal Bank of Scotland that serves over 30 million customers worldwide, and ensures that they receive top-notch service have adopted big data particularly unstructured and semistructured data from online customer web chats and is making use of data wranglers to easily extract insights from unstructured data. Such adoption is expected to fuel the demand for the data wranglers over the forecast period.
- Due to the rising trend of digitization, the banking and the financial institutions have started digitizing the banking services through online portals which have allowed them to better serve their consumers. This has resulted in the generation of big data making it imperative for such institutions to have solutions like data wrangling that would allow them to systematically structure the data generated.
- For instance, JPMorgan Chase in its 2018 annual report stated that the company had hit average mobile customers mark of 33.3 million, a number that was by 11% with Total active digital customers being 49.3 million. This in itself is indicative of the fact of banking institutions could need solutions like Data Wrangling to manage the data systematically. This is expected to boost market growth over the forecast period.
North America is Expected to Hold the largest Share
- North America is expected to dominate the data wrangling during the forecast period, as the region remains the single largest contributor in terms of the adoption of data wrangling tools and services.
- The region is expected to witness huge growth along with the application over Big Data due to the emergence of Industry 4.0 services. Moreover, Big Data is a huge phenomenon in the United States, and companies from a wide range of industries are benefiting from the collection, analysis, and manipulation of massive amounts of data from a variety of sources.
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https://www.marketinsightsreports.com/reports/01091746380/data-wrangling-market-growth-trends-and-forecast-2020-2025?Mode=74
What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global Data Wrangling market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Data Wrangling market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Data Wrangling market.
Market Segments: This part of the report discusses product type and application segments of the global Data Wrangling market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approaches Data Wrangling used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
Contact Us:
Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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