Data Wrangling Market by Sector and Geography - Forecast and Analysis 2022-2026

Published: Feb 2022 Pages: 120 SKU: IRTNTR72554

The data wrangling market share is expected to increase to USD 1.30 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.06%.

The report extensively covers data wrangling market segmentation by the following:

  • Sector - BFSI, government and public sector, healthcare, and others
  • Geography - North America, Europe, APAC, Middle East and Africa, and South America

The data wrangling market report offers information on several market vendors, including Altair Engineering Inc., Alteryx Inc., Dataiku Inc., DataRobot Inc., eXalt Solutions Inc., Hitachi Ltd., Ideata Analytics, Impetus Technologies Inc., Innovative Routines International (IRI) Inc., International Business Machines Corp., Medallia Inc., Microsoft Corp., Oracle Corp., Rapid Insight Inc., SAS Institute Inc., Teradata Corp., TIBCO Software Inc., Wipro Ltd., Zoho Corp. Pvt. Ltd., and Dell Technologies Inc. among others.

This data wrangling market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

What will the Data Wrangling Market Size be During the Forecast Period?

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Data Wrangling Market: Key Drivers, Trends, and Challenges

The numerous benefits provided by data wrangling solutions is notably driving the data wrangling market growth, although factors such as lack of awareness of data wrangling tools among SMEs may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the data wrangling industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Data Wrangling Market Driver

One of the key factors driving growth in the data wrangling market is the numerous benefits provided by data wrangling solutions. The ability of big data analytics software to deliver better and fast decision-making and provide a competitive advantage by analyzing and acting upon information in a processed manner propels the growth of the market. The demand for big data analytics software is continuously increasing, owing to the benefits offered, such as easy access to vital business metrics and the extraction of useful insight on customer behavior, which helps in increasing revenue and improving efficiency. Companies are also adopting data wrangling solutions for real-time forecasting and monitoring of various occasions that may affect the performance of the organizations. Therefore, the ability of data wrangling solutions to mitigate risks by optimizing complex decisions about unplanned events such as cyberattacks and other crises more quickly will further drive the growth of the market.

Key Data Wrangling Market Trend

The rising growth in the healthcare sector is one of the key data wrangling market trends fueling the market growth. The healthcare sector faces a number of challenges, such as disease outbreaks and managing the finest operational efficiency. The large scale of data available in the healthcare vertical such as disease details, personal information, medical history, treatment, and payment data of patients are made that need to prepare, clean, and set in an appropriate format for the analysis purpose. Data wrangling could aid in solving such healthcare challenges. In 2020, the outbreak of COVID-19 led to the admission of many new patients in hospitals across the world. This has generated a huge amount of data. This has significantly boosted the government expenditure on the healthcare industry to boost the efficiency of their respective healthcare sectors. Hence, the adoption of data wrangling tools in the healthcare sector is further expected to grow.

Key Data Wrangling Market Challenge

The lack of awareness of data wrangling tools among SMEs will be a major challenge for the data wrangling market during the forecast period. Data wrangling solutions are used to gain meaningful insights from raw data and to solve time-sensitive business scenarios by adopting different emerging technologies such as machine learning and big data analytics. Small and medium-sized enterprises (SMEs) are still using conventional ETL tools due to their easy-to-use nature and low cost. Furthermore, SMEs lack the appropriate functionality for adopting this technology among businesses, which hampers the growth of the market. Moreover, the lack of awareness of data wrangling techniques among the SMEs in developing countries such as China and India, which have a high number of organizations, will further hinder the growth of the market.

This data wrangling market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Data Wrangling Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Altair Engineering Inc.
  • Alteryx Inc.
  • Dataiku Inc.
  • DataRobot Inc.
  • eXalt Solutions Inc.
  • Hitachi Ltd.
  • Ideata Analytics
  • Impetus Technologies Inc.
  • Innovative Routines International (IRI) Inc.
  • International Business Machines Corp.
  • Medallia Inc.
  • Microsoft Corp.
  • Oracle Corp.
  • Rapid Insight Inc.
  • SAS Institute Inc.
  • Teradata Corp.
  • TIBCO Software Inc.
  • Wipro Ltd.
  • Zoho Corp. Pvt. Ltd.
  • Dell Technologies Inc.

 

This statistical study of the data wrangling market encompasses successful business strategies deployed by the key vendors. The data wrangling market is fragmented and the vendors are deploying growth strategies such as partnerships, research and development (R & R&D), collaboration, mergers and acquisitions (M&A), and product innovation to compete in the market.

Product Insights and News

  • altair.com - The company provides novel cell therapies to people with cancer.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The data wrangling market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Data Wrangling Market?

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37% of the market's growth will originate from North America during the forecast period. The US is the key market for data wrangling in North America. Market growth in this region will be faster than the growth of the market in the Southe American and MEA regions.

The high adoption of advanced technology in various service sectors such as BFSI, government, and public will facilitate the data wrangling market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 has driven the growth of the data wrangling industry as many firms have begun to embrace a work-from-home and remote working culture, which has resulted in a massive quantity of data and prospects for data wrangling. As a result, firms have begun to implement data wrangling solutions to manage important data, improve data security, and maximize company efficiency. 

What are the Revenue-generating Sector Segments in the Data Wrangling Market?

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The data wrangling market share growth by the BFSI segment will be significant during the forecast period. The banking, financial services and insurance (BFSI) sector has been increasingly using data wranglers that optimize operational processes and inform agents on how to interact with customers online in the best possible way. Due to the rising adoption of digitization in the BFSI sector, the services through online portals have significantly improved, which has allowed banking, financial services, and insurance to better serve their consumers. This has resulted in the generation of big data making it imperative for such institutions to have solutions such as data wrangling that allow them to systematically structure the data generated. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the data wrangling market size and actionable market insights on post COVID-19 impact on each segment.

Parent Market Analysis

Technavio categorizes the global data wrangling market as a part of the global data processing and outsourced services market within the global IT services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the data wrangling market during the forecast period.

Data Wrangling Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the data wrangling market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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Data Wrangling Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 14.06%

Market growth 2022-2026

$ 1.30 billion

Market structure

Fragmented

YoY growth (%)

12.65

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 37%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Altair Engineering Inc., Alteryx Inc., Dataiku Inc., DataRobot Inc., eXalt Solutions Inc., Hitachi Ltd., Ideata Analytics, Impetus Technologies Inc., Innovative Routines International (IRI) Inc., International Business Machines Corp., Medallia Inc., Microsoft Corp., Oracle Corp., Rapid Insight Inc., SAS Institute Inc., Teradata Corp., TIBCO Software Inc., Wipro Ltd., Zoho Corp. Pvt. Ltd., and Dell Technologies 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 the forecast period

Customization purview

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What are the Key Data Covered in this Data Wrangling Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive data wrangling market growth during the next five years
  • Precise estimation of the data wrangling market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the data wrangling industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of data wrangling market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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 Sector
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Sector

    • 5.1 Market segments
      • Exhibit 24: Chart on Sector - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Sector - Market share 2021-2026 (%)
    • 5.2 Comparison by Sector
      • Exhibit 26: Chart on Comparison by Sector
      • Exhibit 27: Data Table on Comparison by Sector
    • 5.3 BFSI - Market size and forecast 2021-2026
      • Exhibit 28: Chart on BFSI - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on BFSI - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on BFSI - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on BFSI - Year-over-year growth 2021-2026 (%)
    • 5.4 Government and public sector - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Government and public sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Government and public sector - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Government and public sector - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Government and public sector - Year-over-year growth 2021-2026 (%)
    • 5.5 Healthcare - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Healthcare - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Healthcare - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Healthcare - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Sector
      • Exhibit 44: Market opportunity by Sector ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 APAC - Market size and forecast 2021-2026
      • Exhibit 58: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 China - Market size and forecast 2021-2026
      • Exhibit 82: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.12 Japan - Market size and forecast 2021-2026
      • Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 90: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 91: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 93: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 94: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 95: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 96: Matrix on vendor position and classification
            • 10.3 Alteryx Inc.
              • Exhibit 97: Alteryx Inc. - Overview
              • Exhibit 98: Alteryx Inc. - Product / Service
              • Exhibit 99: Alteryx Inc. - Key news
              • Exhibit 100: Alteryx Inc. - Key offerings
            • 10.4 Dell Technologies Inc.
              • Exhibit 101: Dell Technologies Inc. - Overview
              • Exhibit 102: Dell Technologies Inc. - Business segments
              • Exhibit 103: Dell Technologies Inc. - Key offerings
              • Exhibit 104: Dell Technologies Inc. - Segment focus
            • 10.5 Hitachi Ltd.
              • Exhibit 105: Hitachi Ltd. - Overview
              • Exhibit 106: Hitachi Ltd. - Business segments
              • Exhibit 107: Hitachi Ltd. - Key offerings
              • Exhibit 108: Hitachi Ltd. - Segment focus
            • 10.6 Impetus Technologies Inc.
              • Exhibit 109: Impetus Technologies Inc. - Overview
              • Exhibit 110: Impetus Technologies Inc. - Key offerings
            • 10.7 International Business Machines Corp.
              • Exhibit 111: International Business Machines Corp. - Overview
              • Exhibit 112: International Business Machines Corp. - Business segments
              • Exhibit 113: International Business Machines Corp. - Key offerings
              • Exhibit 114: International Business Machines Corp. - Segment focus
            • 10.8 Microsoft Corp.
              • Exhibit 115: Microsoft Corp. - Overview
              • Exhibit 116: Microsoft Corp. - Business segments
              • Exhibit 117: Microsoft Corp. - Key news
              • Exhibit 118: Microsoft Corp. - Key offerings
              • Exhibit 119: Microsoft Corp. - Segment focus
            • 10.9 Oracle Corp.
              • Exhibit 120: Oracle Corp. - Overview
              • Exhibit 121: Oracle Corp. - Business segments
              • Exhibit 122: Oracle Corp. - Key news
              • Exhibit 123: Oracle Corp. - Key offerings
              • Exhibit 124: Oracle Corp. - Segment focus
            • 10.10 SAS Institute Inc.
              • Exhibit 125: SAS Institute Inc. - Overview
              • Exhibit 126: SAS Institute Inc. - Product / Service
              • Exhibit 127: SAS Institute Inc. - Key news
              • Exhibit 128: SAS Institute Inc. - Key offerings
            • 10.11 Teradata Corp.
              • Exhibit 129: Teradata Corp. - Overview
              • Exhibit 130: Teradata Corp. - Business segments
              • Exhibit 131: Teradata Corp. - Key offerings
              • Exhibit 132: Teradata Corp. - Segment focus
            • 10.12 TIBCO Software Inc.
              • Exhibit 133: TIBCO Software Inc. - Overview
              • Exhibit 134: TIBCO Software Inc. - Product / Service
              • Exhibit 135: TIBCO Software Inc. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 136: Inclusions checklist
                • Exhibit 137: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 138: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 139: Research methodology
                • Exhibit 140: Validation techniques employed for market sizing
                • Exhibit 141: Information sources
              • 11.5 List of abbreviations
                • Exhibit 142: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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