Data Preparation Market, By Deployment (On-premise, and Cloud-based), By Enterprise Size (Small and Medium Enterprises, and Large Enterprises), By End-user Vertical (BFSI, Healthcare, Retail, Manufacturing, IT and Telecommunication and Other End-user Verticals), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI394120 | Publish Date: January 2024 | No. of Pages: 170

Global Data Preparation Market By Overview

Introduction:

Data Preparation Market is the procedure collecting, cleaning, and consolidating data into one file or data table, primarily for use in the analysis. It is a process that involves many different tasks and cannot be completely automated. Many of the data preparation activities are dull, boring, and time-consuming. Data preparation advances the quality of data and consequently helps increase the quality of data mining results. It has its wide-ranging application such as banking, financial services, and insurance, government, healthcare, retail and e-commerce, manufacturing, energy and utilities, transportation, IT and telecommunication, and others.Data Preparation Market accounted for US$ 6.5 billion in 2024 and is estimated to be US$ 32.3 billion by 2034 and is anticipated to register a CAGR of 17.4%

Global Data Preparation Market By Dynamics

Organization are demanding data preparation to ensure that data is reliable and of high quality. Because Unpredictable, low-quality data can contribute to incorrect or misleading business intelligence. But data preparation for help the organizations to maximizing the intelligence potential of that information. Additionally, the growing volume of unstructured and semi-structured data is attributed to varied data sources that require data preparation as a dynamic process, this factor boost target market growth. The rise of the IoT industry is boosting the need for data preparation. Furthermore, the cloud and data centres have turn out to be the backbone of the banking sector during the digitization movement. Therefore increasing competition and demand for online services in the banking and financial sectors are driving the target market growth. However, the lack of awareness and a skilled workforce in Data prep restrain market growth. Moreover growing technological development and some emerging market such as IoT, big data will provide a great opportunity to the market.

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Global Data Preparation Market By Segmentation

The Data Preparation market is segmented based on by Deployment, By Enterprise Size Industry, and region.

By Deployment the Data Preparation market is classified into on-premise, and cloud-based. By Enterprise Size the Data Preparation market is classified into small and medium enterprises and large enterprises. By End-user Vertical Data Preparation market is classified into BFSI, healthcare, retail, manufacturing, it and telecommunication and other end-user verticals. IT and Telecom Segment is Expected to dominate the market segment. Because data solutions are helping the IT and telecom industry to authorize exploratory analytics, rise analyst productivity, and improve organizational data usage. Whereas telecommunications providers are used data preparation for dealing with huge numbers of customer data.

Regional Insights:

The North America region is accepted to dominate the target market. Owing to higher early acceptance of new and developing technologies, along with the presence of a large number of significant market vendors, is powering the market across the North American region. Asia Pacific is projected to grow with highest CAGR, owing to rapidly changing business scenario with increasing business operation and an upsurge in awareness about the importance of data preparation in developing nations such as China and India in this region boos the demand for the target market.

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Data Preparation Market, By Deployment:

  • On-premise
  • Cloud-based

Data Preparation Market, By Enterprise Size:

  • Small and Medium Enterprises
  • Large Enterprises

Data Preparation Market, By End-user Vertical:

  • BFSI
  • Healthcare
  • Retail
  • Manufacturing
  • IT and Telecommunication
  • Other End-user Verticals

Data Preparation Market, By Region:

  • North America
    • North America Data Preparation Market, By Deployment
    • North America Data Preparation Market, By Enterprise Size  
    • North America Data Preparation Market, By End-user Vertical
    • North America Data Preparation Market, By Country
      • U.S.
      • Canada
  • Europe
    • Europe Data Preparation Market, By Deployment
    • Europe Data Preparation Market, By Enterprise Size  
    • Europe Data Preparation Market, By End-user Vertical 
    • Europe Data Preparation Market, By Country
      • Germany
      • UK
      • France
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Asia Pacific Data Preparation Market, By Deployment
    • Asia Pacific Data Preparation Market, By Enterprise Size  
    • Asia Pacific Data Preparation Market, By End-user Vertical
    • Asia Pacific Data Preparation Market, By Country
      • China
      • India
      • Japan
      • South Korea
      • Rest of Asia Pacific
  • Latin America
    • Latin America Data Preparation Market, By Deployment
    • Latin America Data Preparation Market, By Enterprise Size  
    • Latin America Data Preparation Market, By End-user Vertical
    • Latin America Data Preparation Market, By Country
      • Brazil
      • Mexico
      • Rest of Latin America
  • Middle East & Africa
    • Middle East & Africa Data Preparation Market, By Deployment
    • Middle East & Africa Data Preparation Market, By Enterprise Size  
    • Middle East & Africa Data Preparation Market, By End-user Vertical
    • Middle East & Africa Data Preparation Market, By Country
      • GCC
      • Israel
      • South Africa
      • Rest of Middle East & Africa

Global Data Preparation Market By Key Players

The key players operating the Data Preparation market involves Informatica LLC, IBM Corporation, SAS Institute Inc., Microstrategy Inc., Salesforce.com Inc., SAP SE, Alteryx Inc., Rapid Insight Inc., Unifi Software Inc. and Data Corporation. The key players in the market are focusing on celebration and partnership strategy. For example, IBM and Trifacta collaborate on new data prep tool for AI models.

Global Data Preparation Market By Company Profile

  • Informatica LLC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • IBM Corporation
  • SAS Institute Inc.
  • Microstrategy Inc.
  • Salesforce.com Inc.
  • SAP SE
  • Alteryx Inc.
  • Rapid Insight Inc.
  • Unifi Software Inc.
  • Data Corporation

“*” marked represents similar segmentation in other categories in the respective section

Global Data Preparation Market By Table of Contents

Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Data Preparation Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Deployment
      • Market Snippet, By Enterprise Size
      • Market Snippet, By End-user Vertical 
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Data Preparation Market, By Deployment, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
      • Y-o-Y Growth Analysis (%), 2024-2034
      • Segment Trends
    • On-premise
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
    • Cloud-based 
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
  6. Global Data Preparation Market, By Enterprise Size, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
      • Y-o-Y Growth Analysis (%), 2024-2034
      • Segment Trends
    • Small and Medium Enterprises
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
    • Large Enterprises
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
  7. Global Data Preparation Market, By End-user Vertical, 2024 – 2034, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
      • Y-o-Y Growth Analysis (%), 2024-2034
      • Segment Trends
    • BFSI
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
    • Healthcare
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
    • Retail
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
    • Manufacturing
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2024-2034
    • IT and Telecommunication
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%),2024-2034
    • Other End-user Verticals
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%),2024-2034
    Global Data Preparation Market, By Region, 2020 – 2030, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2024-2034
      • Y-o-Y Growth Analysis (%), 2024-2034
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Deployment, 2024-2034
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2024-2034
      • Market Size and Forecast (US$ Bn), By End-user Vertical, 2024-2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Deployment, 2024-2034
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2024-2034
      • Market Size and Forecast (US$ Bn), By End-user Vertical,2024-2034
      • Market Size and Forecast (US$ Bn), By Country, 2024 – 2034
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Deployment, 2024-2034
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2024-2034
      • Market Size and Forecast (US$ Bn), By End-user Vertical, 2024-2034
      • Market Size and Forecast (US$ Bn), By Country, 2024-2034
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Deployment, 2024-2034
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2024-2034
      • Market Size and Forecast (US$ Bn), By End-user Vertical, 2024-2034
      • Market Size and Forecast (US$ Bn), By Country, 2024-2034
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Deployment, 2024-2034
      • Market Size and Forecast (US$ Bn), By Enterprise Size, 2024-2034
      • Market Size and Forecast (US$ Bn), By End-user Vertical, 2024-2034
      • Market Size and Forecast (US$ Bn), By Country, 2024-2034
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • Informatica LLC
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Business Strategies
  • IBM Corporation
  • SAS Institute Inc.
  • Microstrategy Inc.
  • Salesforce.com Inc.
  • SAP SE
  • Alteryx Inc.
  • Rapid Insight Inc.
  • Unifi Software Inc.
  • Data Corporation
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Data Preparation market is segmented based on by Deployment, By Enterprise Size Industry, and region.

Increasing competition and demand for online services in the banking and financial sectors are driving the target market growth. However, the lack of awareness and a skilled workforce in Data prep restrain market growth. Moreover growing technological development and some emerging market such as IoT, big data will provide a great opportunity to the market.

The North America region is accepted to dominate the target market. Owing to higher early acceptance of new and developing technologies, along with the presence of a large number of significant market vendors, is powering the market across the North American region. Asia Pacific is projected to grow with highest CAGR, owing to rapidly changing business scenario with increasing business operation and an upsurge in awareness about the importance of data preparation in developing nations such as China and India in this region boos the demand for the target market.

The key players operating the Data Preparation market involves Informatica LLC, IBM Corporation, SAS Institute Inc., Microstrategy Inc., Salesforce.com Inc., SAP SE, Alteryx Inc., Rapid Insight Inc., Unifi Software Inc. and Data Corporation.