NEW YORK, July 28, 2023 /PRNewswire/ -- The data preparation tools market is set to grow by USD 6,659.71 million from 2022 to 2027 progressing at a CAGR of 22.9% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The rising need to improve business efficiency drives market growth for data preparation tools. The growing number of connected devices across all industries generates enormous data and businesses realized that data can be used to optimize costs, provide better service, and increase sales. Resultantly, business models worldwide are moving from experience and perception driven to data-driven. For instance, an aero engine manufacturer now offers comprehensive rental programs for equipment and maintenance. Hence, such factors boost the market growth for data preparation tools during the forecast period. - Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021), and the forecast period (2023-2027). Download Sample Report in minutes!
The data preparation tools market covers the following areas:
- Data Preparation Tools Market Sizing
- Data Preparation Tools Market Forecast
- Data Preparation Tools Market Analysis
The report on the data preparation tools market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
Data Preparation Tools Market 2023-2027 - Market Dynamics
The prevalence of the Internet and increased use of linked and integrated technologies is an emerging trend in the data preparation tools market. A significant increase in data quantities is a result of the use of the Internet and the availability of numerous ways of accessing the Internet. Progress and expanded high-speed Internet services are a result of this. Furthermore, due to the increase in touchpoints and the requirement for data collection to understand consumer behavior, every customer contact has become an essential data point that can be analyzed to disclose user activity. Hence, such trends boost the growth of the data preparation tools market during the forecast period.
Data privacy and security concerns challenge the growth of the data preparation tools market. Since devices are connected to the Internet and rely on the use of private and public networks, privacy and security concerns are among the biggest challenges for any organization. IoT networks contain multiple devices that can pose data theft problems, and increased connectivity and data sharing have created multiple cybersecurity issues and privacy breaches. Hence, such challenges impede market growth during the forecast period.
Data Preparation Tools Market 2023-2027: Market Segmentation
This data preparation tools market report extensively covers market segmentation by deployment (on-premise and cloud), platform (data integration and self-service), and geography (North America, Europe, APAC, South America, and Middle East and Africa).
- The on-premise segment will be significant for market growth during the forecast period. Companies must set up internal hardware and purchase software licenses to access on-premise solutions, which access this type of solution. Furthermore, these solutions are highly customizable and adaptable to large enterprises, driving revenue growth in the market. Hence, such factors boost the on-premise segment growth of the data preparation tools market during the forecast period.
This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
What's New?
- Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
- Global competitiveness and key competitor positions
- Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!
Companies Mentioned
- Alation Inc.
- Altair Engineering Inc.
- Alteryx Inc.
- Crate.io Inc.
- Datameer Inc.
- DataRobot Inc.
- Datawatch Systems Inc.
- EasyMorph Inc.
- International Business Machines Corp.
- Informatica Inc.
- Microsoft Corp.
- MicroStrategy Inc.
- Precisely
- QlikTech international AB
- Quest Software Inc.
- Salesforce.com Inc.
- SAP SE
- SAS Institute Inc.
- Talend Inc
- TIBCO Software Inc.
Vendor Offerings
- Alation Inc. - The company offers data preparation tools such as the alation data catalog, alation connectors, and alation platform.
- Altair Engineering Inc. - The company offers data preparation tools such as Altair data preparation.
- Alteryx Inc. - The company offers data preparation tools such as Snowflake, alteryx, and alteryx designer cloud.
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Data Preparation Tools Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 22.9% |
Market growth 2023-2027 |
USD 6,659.71 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
21.87 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 43% |
Key countries |
US, Canada, China, UK, and Germany |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Alation Inc., Altair Engineering Inc., Alteryx Inc., Crate.io Inc., Datameer Inc., DataRobot Inc., Datawatch Systems Inc., EasyMorph Inc., International Business Machines Corp., Informatica Inc., Microsoft Corp., MicroStrategy Inc., Precisely, QlikTech international AB, Quest Software Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., Talend Inc, and TIBCO Software Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Platform
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global data preparation tools market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on global data preparation tools market 2017 - 2021 ($ million)
- 4.2 Deployment Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ million)
- 4.3 Platform Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Deployment
- 6.1 Market segments
- Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
- 6.2 Comparison by Deployment
- Exhibit 32: Chart on Comparison by Deployment
- Exhibit 33: Data Table on Comparison by Deployment
- 6.3 On-premise - Market size and forecast 2022-2027
- Exhibit 34: Chart on On-premise - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on On-premise - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on On-premise - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on On-premise - Year-over-year growth 2022-2027 (%)
- 6.4 Cloud - Market size and forecast 2022-2027
- Exhibit 38: Chart on Cloud - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Cloud - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Cloud - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Cloud - Year-over-year growth 2022-2027 (%)
- 6.5 Market opportunity by Deployment
- Exhibit 42: Market opportunity by Deployment ($ million)
- Exhibit 43: Data Table on Market opportunity by Deployment ($ million)
7 Market Segmentation by Platform
- 7.1 Market segments
- Exhibit 44: Chart on Platform - Market share 2022-2027 (%)
- Exhibit 45: Data Table on Platform - Market share 2022-2027 (%)
- 7.2 Comparison by Platform
- Exhibit 46: Chart on Comparison by Platform
- Exhibit 47: Data Table on Comparison by Platform
- 7.3 Data integration - Market size and forecast 2022-2027
- Exhibit 48: Chart on Data integration - Market size and forecast 2022-2027 ($ million)
- Exhibit 49: Data Table on Data integration - Market size and forecast 2022-2027 ($ million)
- Exhibit 50: Chart on Data integration - Year-over-year growth 2022-2027 (%)
- Exhibit 51: Data Table on Data integration - Year-over-year growth 2022-2027 (%)
- 7.4 Self-service - Market size and forecast 2022-2027
- Exhibit 52: Chart on Self-service - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Self-service - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Self-service - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Self-service - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Platform
- Exhibit 56: Market opportunity by Platform ($ million)
- Exhibit 57: Data Table on Market opportunity by Platform ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 59: Chart on Market share by geography 2022-2027 (%)
- Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 61: Chart on Geographic comparison
- Exhibit 62: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 67: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 68: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 69: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 70: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 APAC - Market size and forecast 2022-2027
- Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
- 9.6 South America - Market size and forecast 2022-2027
- Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
- Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 87: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 Germany - Market size and forecast 2022-2027
- Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.11 China - Market size and forecast 2022-2027
- Exhibit 95: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.12 Canada - Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 108: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 109: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification
- 12.3 Alation Inc.
- Exhibit 111: Alation Inc. - Overview
- Exhibit 112: Alation Inc. - Product / Service
- Exhibit 113: Alation Inc. - Key offerings
- 12.4 Altair Engineering Inc.
- Exhibit 114: Altair Engineering Inc. - Overview
- Exhibit 115: Altair Engineering Inc. - Business segments
- Exhibit 116: Altair Engineering Inc. - Key offerings
- Exhibit 117: Altair Engineering Inc. - Segment focus
- 12.5 Alteryx Inc.
- Exhibit 118: Alteryx Inc. - Overview
- Exhibit 119: Alteryx Inc. - Product / Service
- Exhibit 120: Alteryx Inc. - Key news
- Exhibit 121: Alteryx Inc. - Key offerings
- 12.6 Datawatch Systems Inc.
- Exhibit 122: Datawatch Systems Inc. - Overview
- Exhibit 123: Datawatch Systems Inc. - Product / Service
- Exhibit 124: Datawatch Systems Inc. - Key offerings
- 12.7 International Business Machines Corp.
- Exhibit 125: International Business Machines Corp. - Overview
- Exhibit 126: International Business Machines Corp. - Business segments
- Exhibit 127: International Business Machines Corp. - Key news
- Exhibit 128: International Business Machines Corp. - Key offerings
- Exhibit 129: International Business Machines Corp. - Segment focus
- 12.8 Informatica Inc.
- Exhibit 130: Informatica Inc. - Overview
- Exhibit 131: Informatica Inc. - Product / Service
- Exhibit 132: Informatica Inc. - Key offerings
- 12.9 Microsoft Corp.
- Exhibit 133: Microsoft Corp. - Overview
- Exhibit 134: Microsoft Corp. - Business segments
- Exhibit 135: Microsoft Corp. - Key news
- Exhibit 136: Microsoft Corp. - Key offerings
- Exhibit 137: Microsoft Corp. - Segment focus
- 12.10 MicroStrategy Inc.
- Exhibit 138: MicroStrategy Inc. - Overview
- Exhibit 139: MicroStrategy Inc. - Product / Service
- Exhibit 140: MicroStrategy Inc. - Key offerings
- 12.11 Precisely
- Exhibit 141: Precisely - Overview
- Exhibit 142: Precisely - Product / Service
- Exhibit 143: Precisely - Key news
- Exhibit 144: Precisely - Key offerings
- 12.12 QlikTech international AB
- Exhibit 145: QlikTech international AB - Overview
- Exhibit 146: QlikTech international AB - Product / Service
- Exhibit 147: QlikTech international AB - Key offerings
- 12.13 Salesforce.com Inc.
- Exhibit 148: Salesforce.com Inc. - Overview
- Exhibit 149: Salesforce.com Inc. - Product / Service
- Exhibit 150: Salesforce.com Inc. - Key news
- Exhibit 151: Salesforce.com Inc. - Key offerings
- 12.14 SAP SE
- Exhibit 152: SAP SE - Overview
- Exhibit 153: SAP SE - Business segments
- Exhibit 154: SAP SE - Key news
- Exhibit 155: SAP SE - Key offerings
- Exhibit 156: SAP SE - Segment focus
- 12.15 SAS Institute Inc.
- Exhibit 157: SAS Institute Inc. - Overview
- Exhibit 158: SAS Institute Inc. - Product / Service
- Exhibit 159: SAS Institute Inc. - Key news
- Exhibit 160: SAS Institute Inc. - Key offerings
- 12.16 Talend Inc
- Exhibit 161: Talend Inc - Overview
- Exhibit 162: Talend Inc - Product / Service
- Exhibit 163: Talend Inc - Key offerings
- 12.17 TIBCO Software Inc.
- Exhibit 164: TIBCO Software Inc. - Overview
- Exhibit 165: TIBCO Software Inc. - Product / Service
- Exhibit 166: TIBCO Software Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 167: Inclusions checklist
- Exhibit 168: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 169: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 170: Research methodology
- Exhibit 171: Validation techniques employed for market sizing
- Exhibit 172: Information sources
- 13.5 List of abbreviations
- Exhibit 173: List of abbreviations
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