Data Wrangling Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component (Tools and Service), By Deployment Model (On Cloud, On Premises), By Enterprise Model (Small and medium-Sized, Large), By End User (IT and Telecommunication, Retail and BFSI), By Region
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationData Wrangling Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Component (Tools and Service), By Deployment Model (On Cloud, On Premises), By Enterprise Model (Small and medium-Sized, Large), By End User (IT and Telecommunication, Retail and BFSI), By Region
Global Data Wrangling Market
Data analytics teams frequently spend 50-80% of their time wrangling data and preparing it for use in machine learning workflows, report production, and other related operations. Data wrangling or data munging is basically the process of changing and mapping information
The factors such as rising concerns about information loss and theft, the upward trends of Bring Your Own Device (BYOD) and enterprise mobility are expected to emerge as the significant factors accelerating the growth of global data wrangling market. In addition to this, velocity of data and volume of data and technological advancements in AI and MI technologies, will further aggravate the growth of the global data wrangling market. However, issues related to data quality restrain the market.
Self-service data preparation model
The self-service data preparation paradigm is one of the primary drivers driving the data wrangling industry growth. This methodology enables enterprises to clean data sets without involving data scientists. This element has effectively allowed an organization's leaders to derive business insights without the intrusion of IT personnel. Furthermore, the relevance of big data across verticals, as well as the integration of artificial intelligence and machine learning technologies with data wrangling tools, is expected to drive the global data wrangling market forward. This is assisting in the increased usage of data wrangling in all industries, which will drive market growth throughout the forecast period.
Upward trends of Bring Your Own Device (BYOD) propelling the market
Bring Your Own Device (BYOD) and business mobility trends are predicted to emerge as important drivers fueling the growth of the data wrangling industry. Furthermore, the velocity and volume of data, as well as technical breakthroughs in AI and MI technologies, will exacerbate the growth of the data wrangling industry. However, difficulties with data quality act as a growth constraint for the sector.
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Market Segmentation
Data Wrangling
Based on Component, the market is segmented into Tools and
Market players
Recent Development
- In November,2022 Alteryx resumed its cloudpush it to the early-access release of a SaaS version of Designer for theAlteryx Analytics Cloud. According to the company, early access of SaaS versionis accessible to hundreds of clients representing thousands of users, withbroad availability planned in early 2023. Furthermore, while Alteryx has notreleased price information for Designer Cloud, existing customers will not berequired to pay any additional fees for the new edition of Designer.
- In January 2022, Alteryx, a producer of dataanalytics tools, announced its intention to purchase Trifacta, a provider ofdata wrangling solutions. Alteryx will pay Trifacta USD400 million in cash aswell as USD75 million in equity-based retention incentives for Trifactaemployees under the terms of the agreement, which has not yet been finalized.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 20232028 |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | · Component · Deployment model · Enterprise model · End User · Region |
| Regional scope | North America; Asia-Pacific; Europe; South America; Middle East Asia & Africa |
| Country scope | United States; Canada; Mexico; China; Indian; Japan; South Korea; Australia; Singapore; Malaysia; Germany; United Kingdom; France; Russia, Switzerland; Belgium; Italy; Brazil; Colombia; Argentina; Peru; Chile; Africa, Saudi Arabia; South Africa; UAE; Israel; Turkey |
| Key companies profiled | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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