The latest report on Data Wrangling Market by Infinium Global Research gives complete coverage of the Wrangling Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2020 to 2026. In addition, the study covers deep dive into key product and applications trends in the regional markets of Wrangling such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.
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Growth of The Data Wrangling Market are Increasing Pace and Volume of Data and Advancements in Machine Learning and AI Technologies
Data wrangling is processing the raw or primary data and mapping it into a structural and proper format to make it more valuable. It has numerous potentials uses such as data visualization, data aggregation & training a statistical model and others. It is essential to analyze the data as data is available on a large scale and in raw format, and there are also various data sources. Data wrangling gives extensive solutions to the problems, analyses data in an effective and efficient manner, hence the demand for data wrangling is augmented on a large scale in the international market. Data wrangling evaluates the performance of the equipment and efficiently gives results without any immersion of data scientists or IT personnel.
The major factors that are responsible for the growth of the data wrangling market are increasing pace and volume of data and advancements in machine learning and AI technologies. Data wrangling has augmented the scope for business and helps them to work more proficiently. However, one of the major factors restraining market growth is reluctance in shifting from traditional tools to automated tools.
In addition, low awareness regarding data wrangling tools in SMEs, and focus on maintaining data quality is projected to restrain the market growth in the projection period. Moreover, increasing regulatory pressure and growth in edge computing are offering lucrative market opportunities for the players in the forecast years. Additionally, the current concern over the spread of coronavirus is also expected to have a positive impact on the data wrangling market.
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AI and Big Data have Emerged as an Essential Tool for Everything from Diagnosis and Epidemiology to Therapeutic and Vaccine Development
Data consumption is estimated to witness a significant increase as a direct consequence of lockdowns enforced in several countries to combat the spread of the deadly coronavirus. During these times, AI and big data have emerged as an essential tool for everything from diagnosis and epidemiology to therapeutic and vaccine development. This will also propel the demand for data wrangling solutions as it allows organization to swiftly transform data sets and perform data analysis that can be used to improve decision making in businesses.
Among the geographies, the North America region is expected to hold the largest share in the global data wrangling market owing to the rising adoption of data wrangling services. Furthermore, the rising amount of data that is being collected every day has increased the demand for data wrangling at a large scale in the North American region. Moreover, the Asia Pacific region is expected to witness significant growth over the forecast period during the forecast period owing to rapid industrialization and urbanization. The increasing data collection in countries like China and India is projected to drive the data wrangling market in the region over the forecast period.
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- Comprehensive analysis of global as well as regional markets of the Wrangling.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.