Data Wrangling Global Market is Projected to Reach $7 Billion by 2030: Growing Urgency to Integrate AI & ML Technologies into Data Analytics Drives the Need for Data Wrangling


Dublin, April 24, 2023 (GLOBE NEWSWIRE) -- The "Data Wrangling - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Data Wrangling estimated at US$1.6 Billion in the year 2022, is projected to reach a revised size of US$7 Billion by 2030, growing at a CAGR of 19.9% over the analysis period 2022-2030.

Tools, one of the segments analyzed in the report, is projected to record 20.8% CAGR and reach US$5.1 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 17.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $482.5 Million, While China is Forecast to Grow at 18.6% CAGR

The Data Wrangling market in the U.S. is estimated at US$482.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.4% and 17% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.2% CAGR.

Select Competitors (Total 44 Featured) -

  • Alteryx, Inc.
  • Brillio
  • Cooladata Ltd.
  • Dataiku, Inc
  • Datameer, Inc.
  • Hitachi Vantara Corporation
  • IBM Corporation
  • Ideata Analytics
  • Impetus Technologies
  • Infogix
  • Informatica, LLC
  • Innovative Routines International (IRI)
  • Onedot AG
  • Oracle Corporation
  • Paxata
  • Rapid Insight.
  • SAS Institute, Inc.
  • Talend SA
  • Teradata Corporation
  • TIBCO Software, Inc.
  • TMMData
  • Trifacta
  • Unifi Software

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Key Attributes:

Report AttributeDetails
No. of Pages193
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.6 Billion
Forecasted Market Value (USD) by 2030$7 Billion
Compound Annual Growth Rate20.3%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Data Wrangling - Global Key Competitors Percentage Market Share in 2022 (E)
  • Data Wrangling Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession
  • Product Overview
  • Data Wrangling, A Definition
  • Types of Data Wrangling
  • Data Wrangling Process
  • Data Wrangling Tools: A Review

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Emergence of Big Data & the Need for Advanced Analytics Algorithms Provides the Foundation for Growth in the Market
  • Swallowed by Big Data, Data Wrangling is the Key to Maximize Data Intelligence
  • As a Precursor to Analytics Workflows, Data Wrangling to Richly Benefit From the Rise of Big Data Across Myriad Industry Verticals: Global Volume of Big Data Created Worldwide (In Zettabytes) for the Years 2015, 2020 and 2025
  • Growing Importance of Data Analytics & Increased Investments in Big Data Tools in an Increasingly Data Driven World
  • Robust Investments in Big Data Analytics Bodes Well for the Growth & Adoption of Data Wrangling: Global Big Data & Business Analytics (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
  • Data Preparation Storms Into the Spotlight as the Prime Beneficiary of Big Data Explosion & the Ensuing Focus on Data Analytics
  • Growing Urgency to Integrate AI & ML Technologies into Data Analytics Drive the Need for Data Wrangling
  • As Artificial Intelligence & Machine Learning Pervades Every Aspect of Modern Life Including Business Intelligence, Data Wrangling Catapults in Commercial Value: Global Artificial Intelligence Market (In US$ Million) for the Years 2017, 2019, 2022 and 2024
  • Successful Digitalization of Business Models to Spearhead Growth by Widening the Playing Field for Data Wrangling Tools
  • Digitalization of Healthcare Brings Out Healthcare & Life Sciences as the Fastest Growing End-Use Market
  • Ongoing Focus on Successful Digitalization of Business Models to Spur the Importance of Data Wrangling in Making Raw Digital Data Usable: Global Digital Transformation Market (In US$ Billion) for the Years 2017, 2019, 2022 and 2024
  • Global Industry Digitalization Index Score by Industry Group for the Year 2018
  • Astounding Financial Benefit of Digitalization Accelerates Digitalization Programs Among Industries Worldwide: Global Cumulative Value of Digitalization by Industry (In US$ Billion) for the Period 2016 to 2025
  • Cloud Data Wrangling Emerges to the Forefront Supported by Unrivalled Benefits
  • Supported by Tangible Benefits that Can Now be Measured, Adoption of Cloud & the Proliferation of XaaS Bodes Well for Cloud Based Data Wrangling Services: Business Benefits of Cloud Measured in Percentages by Type of Benefit Offered
  • Data Wrangling Emerges as the Bridge to Realize the Full Potential of IoT Big Data by Making Unorganized IoT Data Structured, Meaningful & Usable
  • Exploding Ecosystem of IoT Devices Drives the Critical Need for Pre-Processing of Device Data: Global Number of IoT Enabled Devices: Global Number of Active IoT Connected Devices Worldwide (In Billion Units) for the Years 2015, 2017, 2019, 2022, 2024 and 2026
  • Robust Hadoop Deployment Drives Demand for Data Wrangling for Data Preparation Work in Hadoop
  • Expanding Hadoop Market to Push Up Data Cleansing Needs and Spur Demand for Data Wrangling: Global Market for Hadoop (In US$ Billion) for the Years 2017, 2019, 2022
  • Growing Role of Data Science in Data Driven Smart Cities Expands the Addressable Market Opportunity for Data Wrangling
  • Expanding Base of Connected Things in Smart Cities & the Volume IoT Data Generated Creates Lucrative Opportunities for Technologies Needed to Turn Smart City Big Data into Insight: Global Installed Base of Connected Devices in Smart Cities (In Billion) for the Years 2015, 2017 & 2019

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/abnvsp

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Global Market for Data Wrangling

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