Global Data Wrangling Market – Segmented, by Component (Tool, Service) Deployment (Cloud-based, On-premise) Enterprise Type (Large, Small- and Medium-sized), End-user Industry, and Region - Growth, Trends, and Forecast (2022 - 2030)

The data wrangling market is expected to register a CAGR of over 16.78% during the forecast period 2018 - 2023. The report profiles the rapid growth in the volume of data generated across industry verticals has led to the adoption of advanced analytics algorithms to pick insights, which could transform the business entity.

With edge analytics gaining widespread adoption, data wrangling tools are expected to be adopted across multiple verticals. These tools would enable to filter out unwanted data and standardized the data that would be efficiently used for AI and ML algorithms to analyze and provide the insights. Operations being a core function are expected to adopt data wrangling tools significantly in near future. With growing smart cities across the world and rapid adoption of IoT devices, the market is expected to witness significant growth during the forecast period.

SME are expected to Implement the Technique at a Significant Rate
Enterprises are deploying comprehensive analytical solutions to recognize the pattern, identify the root cause, and analyze the user behavior out of it. Data wrangling tools are, thus, expected to be aggressively used toward cleaning, profiling, and standardizing data. It is going to help the operations team to have a wider control over their systems, which later they can implement across their business model. The increasing volume and velocity of data across the enterprises has advances before its integration across the AI and ML technologies, which has led to shift from traditional ETL tools to advanced automated tools in the data wrangling market.

Data wrangling tools would be adopted exponentially across the regions with the rise of digitalization of different verticals of enterprise. The complete end-to-end digitalization is possible by the adoption of right tools for data to investigate and analyze among the datasets.

North America is expected to Have Highest Market Share
The North American region remains the single largest contributor, when it comes to the adoption of data wrangling tools and services. Due to the presence of some of the major vendors of data analytics and data wrangling tools, such as Trifacta, IBM, Hitchi Vantara, SAS, and Oracle having their headquarters, as well as direct sales offices, the region is expected to dominate the market during the forecast period.

Moreover, growing partnerships, agreements, and strategic alliances across the field also indicate that the region may lead to the adoption of digital technologies in near future.

Key Developments in the Market
Jul 2018 - Trifacta, announced that use of its Wrangler products is increasing among financial services organizations to address increasingly demanding risk and compliance initiatives, such as CCAR, BCBS 239, and AML. Trifacta’s momentum in regulatory reporting illustrates the company’s growing presence in the financial services industry for a variety of analytics and operational use cases.
Jan 2018 - Datawatch Corporation, acquired the Angoss Software Corporation, a privately held data science platform provider based in Toronto, Canada. The acquisition is expected to augment Datawatch’s Monarch data intelligence offering with expanded capabilities that enable data scientists to perform predictive and prescriptive analytics in a wide variety of enterprise applications.

Major Players: Trifacta Software Inc., Hitachi Vantara Corporation, TIBCO Software Inc., Datawatch Corporation, DATAIKU SAS, Teradata Corporation, Oracle Corporation, SAS Institute Inc., Talend SA, Alteryx Inc., Paxata Inc., Rapid Insight Inc., Brillio LLC., and Unifi Inc., among others.

Reasons to Purchase this Report
Impact of growth of data wrangling market
Analysis of various perspectives of the market with the help of Porter’s five forces analysis
The segments that are expected to dominate the market
Regional analysis of the market during the forecast period
Latest developments, market shares, and strategies employed by the major market players and key innovators
3-month analyst support, along with the Market Estimate sheet (in excel)

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