Data Wrangling
Data Wrangling Market by Component (Service, Tools), Business Function (Finance, Human Resources & Legal, Marketing & Sales), Deployment Mode, Organization Size, End-User - Global Forecast 2024-2030
360iResearch Analyst
SPEAK TO ANALYST? OR FACE-TO-FACE MEETING?
Want to know more about the data wrangling market or any specific requirement? Ketan helps you find what you're looking for.
DOWNLOAD A FREE PDF
This free PDF includes market data points, ranging from trend analysis to market estimates & forecasts. See for yourself.

[199 Pages Report] The Data Wrangling Market size was estimated at USD 4.31 billion in 2023 and expected to reach USD 4.99 billion in 2024, at a CAGR 9.98% to reach USD 8.39 billion by 2030.

Data wrangling, or data munging, encompasses cleaning, structuring, and enriching raw data for improved decision-making, involving tasks such as data cleaning, transformation, normalization, and consolidation. Essential for leveraging big data, data wrangling enhances analytics leading to informed business decisions, especially vital in finance, healthcare, retail, and technology sectors where data integrity is crucial. Key growth factors involve increasing data volumes, the demand for advanced analytics, and regulatory compliance. Opportunities lie in cloud-based solutions, automation tools, and upskilling the workforce. Challenges include data quality issues, complexity, and resource constraints. Innovation areas comprise AI-driven data wrangling, enhanced data integration, and user-friendly platforms.

Regional Insights

The United States is at the forefront in data wrangling adoption due to its advanced technological infrastructure and significant investments in data analytics. Canada follows with steady growth driven by digital transformation and data privacy regulations. In Europe, countries such as Germany, France, and the United Kingdom invest heavily in data wrangling to comply with the General Data Protection Regulation (GDPR). The Middle East, especially the United Arab Emirates and Saudi Arabia, integrates data wrangling into digital transformation strategies. African nations, notably South Africa and Nigeria, recognize its importance in healthcare, agriculture, and finance. China advances rapidly in data wrangling, aided by government initiatives supporting big data and AI research. Japan’s focus on automation and AI in manufacturing and healthcare drives adoption, while India’s growing trend is fueled by the IT sector and government digital initiatives.

The data wrangling market is shaped by stringent regulations such as the General Data Protection Regulation (GDPR) in Europe, California Consumer Privacy Act (CCPA) in the United States, Personal Information Protection and Electronic Documents Act (PIPEDA) in Canada, and China's Cybersecurity Law.

Data Wrangling Market
To learn more about this report, request a free PDF copy
Market Dynamics

The market dynamics represent an ever-changing landscape of the Data Wrangling Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

  • Market Drivers
    • Growing volumes of digital data and data security concerns
    • Introduction of AI and big-data technologies in IoT devices
    • Trends of bring your own device (BYOD) and enterprise mobility
  • Market Restraints
    • Problems related to scalability and performance
  • Market Opportunities
    • Robust research activities to enhance and develop improved data wrangling
    • High spending and inclination toward automated solutions
  • Market Challenges
    • Data security and privacy concerns associated with data wrangling
Market Disruption Analysis

The market disruption analysis delves into the core elements associated with market-influencing changes, including breakthrough technological advancements that introduce novel features, integration capabilities, regulatory shifts that could drive or restrain market growth, and the emergence of innovative market players challenging traditional paradigms. This analysis facilitates a competitive advantage by preparing players in the Data Wrangling Market to pre-emptively adapt to these market-influencing changes, enhances risk management by early identification of threats, informs calculated investment decisions, and drives innovation toward areas with the highest demand in the Data Wrangling Market.

Porter’s Five Forces Analysis

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Data Wrangling Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

Value Chain & Critical Path Analysis

The value chain of the Data Wrangling Market encompasses all intermediate value addition activities, including raw materials used, product inception, and final delivery, aiding in identifying competitive advantages and improvement areas. Critical path analysis of the <> market identifies task sequences crucial for timely project completion, aiding resource allocation and bottleneck identification. Value chain and critical path analysis methods optimize efficiency, improve quality, enhance competitiveness, and increase profitability. Value chain analysis targets production inefficiencies, and critical path analysis ensures project timeliness. These analyses facilitate businesses in making informed decisions, responding to market demands swiftly, and achieving sustainable growth by optimizing operations and maximizing resource utilization.

Pricing Analysis

The pricing analysis comprehensively evaluates how a product or service is priced within the Data Wrangling Market. This evaluation encompasses various factors that impact the price of a product, including production costs, competition, demand, customer value perception, and changing margins. An essential aspect of this analysis is understanding price elasticity, which measures how sensitive the market for a product is to its price change. It provides insight into competitive pricing strategies, enabling businesses to position their products advantageously in the Data Wrangling Market.

Technology Analysis

The technology analysis involves evaluating the current and emerging technologies relevant to a specific industry or market. This analysis includes breakthrough trends across the value chain that directly define the future course of long-term profitability and overall advancement in the Data Wrangling Market.

Patent Analysis

The patent analysis involves evaluating patent filing trends, assessing patent ownership, analyzing the legal status and compliance, and collecting competitive intelligence from patents within the Data Wrangling Market and its parent industry. Analyzing the ownership of patents, assessing their legal status, and interpreting the patents to gather insights into competitors' technology strategies assist businesses in strategizing and optimizing product positioning and investment decisions.

Trade Analysis

The trade analysis of the Data Wrangling Market explores the complex interplay of import and export activities, emphasizing the critical role played by key trading nations. This analysis identifies geographical discrepancies in trade flows, offering a deep insight into regional disparities to identify geographic areas suitable for market expansion. A detailed analysis of the regulatory landscape focuses on tariffs, taxes, and customs procedures that significantly determine international trade flows. This analysis is crucial for understanding the overarching legal framework that businesses must navigate.

Regulatory Framework Analysis

The regulatory framework analysis for the Data Wrangling Market is essential for ensuring legal compliance, managing risks, shaping business strategies, fostering innovation, protecting consumers, accessing markets, maintaining reputation, and managing stakeholder relations. Regulatory frameworks shape business strategies and expansion initiatives, guiding informed decision-making processes. Furthermore, this analysis uncovers avenues for innovation within existing regulations or by advocating for regulatory changes to foster innovation.

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Data Wrangling Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Data Wrangling Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Data Wrangling Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Data Wrangling Market, highlighting leading vendors and their innovative profiles. These include Altair Engineering Inc., Alteryx, Cambridge Semantics, Cloud Software Group, Inc., Cloudera, Inc., Dataiku, Datameer, Inc., DataRobot, Inc., Fivetran Inc., Hitachi Vantara Corporation, Informatica Inc., International Business Machines Corporation, Microsoft Corporation, MicroStrategy Incorporated, NumFOCUS, Inc., Oracle Corporation, QlikTech International AB, Quest Software Inc., Rapid Insight Inc., SAS Institute Inc., TABLEAU SOFTWARE, LLC, TAMR, Inc, and Teradata Corporation.

Data Wrangling Market - Global Forecast 2024-2030
To learn more about this report, request a free PDF copy
Market Segmentation & Coverage

This research report categorizes the Data Wrangling Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Component
    • Service
    • Tools
  • Business Function
    • Finance
    • Human Resources & Legal
    • Marketing & Sales
    • Operations
  • Deployment Mode
    • Cloud
    • On-premise
  • Organization Size
    • Large Enterprises
    • Small & Medium-Sized Enterprises
  • End-User
    • BFSI
    • Energy & Utilities
    • Healthcare & Life Sciences
    • Retail & eCommerce
    • Telecom & IT
    • Transportation & Logistics
    • Travel & Hospitality

  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

This research report offers invaluable insights into various crucial aspects of the Data Wrangling Market:

  1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
  2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
  3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
  4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
  5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

Additionally, the report addresses key questions to assist stakeholders in making informed decisions:

  1. What is the current market size and projected growth?
  2. Which products, segments, applications, and regions offer promising investment opportunities?
  3. What are the prevailing technology trends and regulatory frameworks?
  4. What is the market share and positioning of the leading vendors?
  5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?

Table of Contents
  1. Preface
  2. Research Methodology
  3. Executive Summary
  4. Market Overview
  5. Market Insights
  6. Data Wrangling Market, by Component
  7. Data Wrangling Market, by Business Function
  8. Data Wrangling Market, by Deployment Mode
  9. Data Wrangling Market, by Organization Size
  10. Data Wrangling Market, by End-User
  11. Americas Data Wrangling Market
  12. Asia-Pacific Data Wrangling Market
  13. Europe, Middle East & Africa Data Wrangling Market
  14. Competitive Landscape
  15. Competitive Portfolio
  16. List of Figures [Total: 26]
  17. List of Tables [Total: 470]
  18. List of Companies Mentioned [Total: 23]
The Art of Data Wrangling: Robust Activities to Enhance and Develop Skills
August 20, 2023
BLOG
The Art of Data Wrangling: Robust Activities to Enhance and Develop Skills
Data wrangling, also known as data cleaning, organizes raw data and transforms it into a format for analysis. It may sound tedious, but it is essential for any data scientist or analyst who wants to work with reliable and accurate data.

Identify and Understand the Data:

Before cleaning the data, you must know what you are working with. Understanding the source of the data and the variables included is crucial. This information will help identify any inconsistencies or errors that need to be cleaned. It is also a good idea to create a data dictionary, which is a document that outlines the variables and their definitions.

Use Appropriate Tools:

Data cleaning can be time-consuming and repetitive, but using the right tools can make the process faster and more efficient.

Handle Missing Data:

Missing data is a common problem in data cleaning and can be tricky to handle. One approach is removing rows or columns with missing data, which can result in losing valuable information. Another approach is to impute missing data, which involves filling in the missing values with estimated values based on the available data.

Standardize and Normalize Data:

In many cases, the data you work with may be in different units, scales, or formats. For example, some datasets may include sales data in different currencies or formats. Standardizing and normalizing data can make comparing and analyzing different variables easier. Standardizing involves converting data to a common scale or unit, while normalization involves transforming data to conform to a specific distribution.

Test and Validate Results:

Once you have cleaned and transformed the data, it is important to test and validate the results. This involves checking for accuracy, completeness, and consistency.

Data wrangling is a critical part of the data analysis process, and it requires patience, diligence, and skill. Following the robust activities outlined in this blog post can enhance and develop your data-wrangling skills. Remember to identify and understand the data, use appropriate tools, handle missing data, standardize and normalize data, and test and validate results. These techniques can transform messy and inconsistent data into a valuable resource for analysis.

Frequently Asked Questions
  1. How big is the Data Wrangling Market?
    Ans. The Global Data Wrangling Market size was estimated at USD 4.31 billion in 2023 and expected to reach USD 4.99 billion in 2024.
  2. What is the Data Wrangling Market growth?
    Ans. The Global Data Wrangling Market to grow USD 8.39 billion by 2030, at a CAGR of 9.98%
  3. When do I get the report?
    Ans. Most reports are fulfilled immediately. In some cases, it could take up to 2 business days.
  4. In what format does this report get delivered to me?
    Ans. We will send you an email with login credentials to access the report. You will also be able to download the pdf and excel.
  5. How long has 360iResearch been around?
    Ans. We are approaching our 7th anniversary in 2024!
  6. What if I have a question about your reports?
    Ans. Call us, email us, or chat with us! We encourage your questions and feedback. We have a research concierge team available and included in every purchase to help our customers find the research they need-when they need it.
  7. Can I share this report with my team?
    Ans. Absolutely yes, with the purchase of additional user licenses.
  8. Can I use your research in my presentation?
    Ans. Absolutely yes, so long as the 360iResearch cited correctly.