Global Data Preparation Tools Markets, 2021-2028 - Importance of Effective Data on a Timely Basis / Self-service Data Preparation Tools / Growing Need to Make Text/Image More Engaging
DUBLIN, Oct. 27, 2021 /PRNewswire/ -- The "Data Preparation Tools Market Size, Share & Trends Analysis Report By Platform (Self-service, Data Integration), By Deployment, By Vertical (IT & Telecom, Retail & E-commerce, BFSI), By Function, By Region, and Segment Forecasts, 2021-2028" report has been added to ResearchAndMarkets.com's offering.
The global data preparation tools market size is anticipated to reach USD 12.89 billion by 2028. The market is expected to expand at a CAGR of 18.6% from 2021 to 2028.
Data preparation tools can help organizations augment their efficiency by ensuring easy access to data. The increasing demand for data analytics, particularly in the IT and retail sectors, is expected to drive the demand for data preparation tools.
Data preparation tools help enterprises collect, analyze, and standardize data. The data collection sub-segment accounted for the largest market share of more than 27% in 2020. However, the market size of the data governance sub-segment is expected to increase noticeably over the forecast period.
The North America sub-segment accounted for the largest share of the market for data preparation tools in 2020. Demand for data preparation tools is expected to increase over the forecast period in line with the growing adoption of data preparation tools for data analytics in the U.S. However, the market size of the Asia Pacific sub-segment is expected to register the highest CAGR over the forecast period.
Data Preparation Tools Market Report Highlights
Industry Analysis - Porter's
Major Deals & Strategic Alliances Analysis, 2020
Key Opportunities Mapping
Data Preparation Tools - Analyst Recommendation
Data Preparation Tools - COVID - 19 Impact Analysis
For more information about this report visit https://www.researchandmarkets.com/r/g9mxxz
Research and Markets
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SOURCE Research and Markets
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