Global Data Prep Market Size, Status and Forecast 2020-2026

Emergence of big data has resulted into the rise of huge volumes of data and related technologies such as data prep. Data prep tools are gaining traction due to increased need to analyze the voluminous data being generated from internal and external sources within organizations on a daily basis. Data preparation is presently creating a buzz in both business and IT sides of organizations. Data prep tool vendors are also focusing on innovative software technologies for accelerating, if not automating, the analytical process, to support business analytics. Preparing, blending, integrating, cleansing, transforming, governing, and defining the metadata of multiple sources of data including new, raw, big data in Hadoop has been primarily an IT job; however, the broadening of interest in data science and analytics has drawn non-IT personnel into the execution of these tasks.
The data preparation process generally begins with data sourcing and ingestion, moves through making data suitable for use through transformation and enrichment, and then integrates with governance and stewardship for monitoring and improving how data is used for Business Intelligence (BI) and analytics. The steps are interdependent and do not always run sequentially. As a series of ongoing processes, data preparation is not a onetime event. Business and IT should collaborate and iterate on data set preparation.
Market Analysis and Insights: Global Data Prep Market
In 2019, the global Data Prep market size was US$ 1922.4 million and it is expected to reach US$ 4926.8 million by the end of 2026, with a CAGR of 14.3% during 2021-2026.
Global Data Prep Scope and Market Size
Data Prep market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Data Prep market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Data Prep market is segmented into Data curation, Data cataloging, Data quality, Data ingestion, Data governance, etc.
Segment by Application, the Data Prep market is segmented into Hosted, On-premises, etc.
Regional and Country-level Analysis
The Data Prep market is analysed and market size information is provided by regions (countries).
The key regions covered in the Data Prep market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Data Prep Market Share Analysis
Data Prep market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Data Prep business, the date to enter into the Data Prep market, Data Prep product introduction, recent developments, etc.
The major vendors include Alteryx, Inc, Informatica, IBM, Tibco Software Inc., Microsoft, SAS Institute, Datawatch Corporation, Tableau Software, Qlik Technologies Inc., SAP SE., Talend, Microstrategy Incorporated, etc.

This report focuses on the global Data Prep status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Data Prep development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

Alteryx, Inc
Informatica
IBM
Tibco Software Inc.
Microsoft
SAS Institute
Datawatch Corporation
Tableau Software
Qlik Technologies Inc.
SAP SE.
Talend
Microstrategy Incorporated

Market segment by Type, the product can be split into

Data curation
Data cataloging
Data quality
Data ingestion
Data governance

Market segment by Application, split into

Hosted
On-premises

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Data Prep status, future forecast, growth opportunity, key market and key players.
To present the Data Prep development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Data Prep are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.