According to our latest market study on “Data Wrangling Market to 2027 – COVID-19 Impact, and Global Analysis and Forecast – by Component (Tools and Services); Business Function (Finance, Marketing and Sales, Operations, Human Resources and, Legal), Organization Size (SMEs and Large Enterprise), Industry Vertical (BFSI, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others), and Geography,” the market was valued at US$ 1,377.8 million in 2019 and is projected to reach US$ 6,034.4 million by 2027; it is expected to grow at a CAGR of 20.9% from 2020 to 2027.
North America dominated the data wrangling market in 2019 with a share of 37.9%. The US, Canada, and Mexico are major economies contributing to the data wrangling market in North America. Continuous technological advancements, led by notable R&D investments by tech giants, have created a stir in the competitive market in this region. Retail, technology, banking, and healthcare are emerging industries in the US. The banking industries in the US and Canada are embracing several technological advancements to improve customer experience in banking. The integration of IoT in banking applications has led the way to smart banking through digitalization, which generates enormous data in the banking sector. Thus, the use of machine learning-based data analytics is anticipated to increase in this sector to manage data such huge data volumes; moreover, the application of machine learning would allow users to draw valuable insights from the data.
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Data Wrangling Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period.
Top Listed Companies in Data Wrangling Market are –
- BRILLIO.
- ONEDOT AG
- Paxata, Inc.
- TMMData
- Trifacta
- Altair Engineering, Inc.
- TIBCO Software Inc.
- Oracle Corporation
- SAS Institute Inc.
- Ideata Analytics
A thoroughgoing evaluation of the market restrains included in the report which represents the difference to drivers of the market and gives scope for strategic insights and developments. The research study has amalgamated the growth analysis of different aspects that enhance the market growth scenario. It constitutes key market drivers, restraints and trends that transform the market in either a positive or negative manner.
In 2019, Europe stood second in the data wrangling market with a decent market share, and it is anticipated to witness a decent CAGR from 2020 to 2027. Europe comprises developed economies such as Germany, France, the UK, and Italy. Norway, Finland, Sweden, the Netherlands, Denmark, Switzerland, and the UK provide strong tech strength to the region. The UK, Germany, France, Italy, and the Netherlands are among the world’s top 12 developers of software services. Italy holds a massive share of total SMEs in Europe, including IT industries. Moreover, the Netherlands is the sixth-largest economy with presence of prominent ICT companies. ~55% of all Forbes 2000 companies in the IT industry have operations in the Netherlands.
The Data Wrangling Market Company Profiles are individually represented for all major participants and indices such as Financial Performance, Strategic Initiatives, Product Portfolio & Company Overview.
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