Data Preparation Tools Market By Platform (Self-service and Data Integration), By Function (Collection, Cataloging, Data Quality, Governance, Ingestion and Curation), By Deployment (On-Premises and Cloud), By Vertical (IT & Telecom, Retail & E-commerce, BFSI), and Geography


Purchase Option

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$ 8900

Data Preparation Tools Market size was valued at USD 3.11 billion in 2021 and is poised to grow at a significant CAGR of 18.4% during the forecast 2022–2028. The process of making raw data ready for further processing and analysis is known as data preparation. The gathering, preparation, and labelling of raw data into a format appropriate for machine learning (ML) algorithms, followed by data exploration and visualisation, are crucial phases. The basic purpose of data preparation tools is to combine data from many sources and prepare the data for analysis. Although there are many data preparation tools on the market today, before there was a great demand for professional help. In data-driven industries like IT and BFSI, data preparation is more widely accepted. These technologies' main purpose is to efficiently locate the appropriate data at the appropriate time. The decision-making process, however, may be hampered by challenges with data preparation that result in incomplete and time-consuming outcomes. The desire for predictive business analytics, the value of high-quality data, and the simplification of corporate operations are three major factors boosting the market for data preparation technologies. Self-service technology for preparation can fully automate this procedure. Additionally, the industry's growth is anticipated to be fueled by the enormous rise in information volume, which will lead to an increase in demand for analytics. Businesses need quicker and more precise information if they want to stay competitive. As a result, analytics are gaining credibility across numerous industries, which is driving up demand for these pre-processing technologies. The rising demand for data analytics in many data-driven applications is expected to raise demand for cloud-based data preparation solutions. Additionally, it is projected that a rising focus on the self-service platform would enhance organisational procedures and increase demand for data preparation tools. In response to the expanding need for analytics in enterprises, numerous data-driven corporations have made investments in the research and development of the market for data preparation. The market is expected to see an increase in the utilisation of the technology due to benefits including extracting business insights from socially shared photographs and automatically organising untagged photo collections. Additionally, it aids in the improvement of safety features available on autonomous vehicles, including terrain detection, wear detection, and condition monitoring, as well as emergency vehicle recognition. Robotics and drones, autonomous photo arrangement on visual webpages, facial recognition on social networking sites, and other fields have all adopted data-driven machine learning. Recent Market Developments: Data loop develops software and services for automating aspects of data prep, aiming to shave time off of the AI system development process.  

Data Preparation Tools Market Summary

Study Period


Base Year




Largest Market

North America

Fastest Growing Market

Asia Pacific
Data Preparation Tools Market Dynamics

The demand for self-service data preparation solutions is growing quickly as enterprises and organisations install advanced analytics and business intelligence (BI) platforms. Self-service and cloud platforms for data preparation are becoming more and more common among IT organisations that are driven by data. The increasing significance of effective data management in future. It is predicted that the market for data preparation tools will be driven by the rising demand for effective data management among businesses to deliver more useful insights. Data preparation tools also make it possible for business users like data engineers, citizen integrators, analysts, and citizen data scientists to combine external and internal datasets for particular use cases, facilitating faster data collection and organisation. Technologies for data preparation have many benefits, including quick error correction, enhanced scalability, better data utilisation, and collaboration. One of the most important problems that businesses are dealing with as a direct result of employing these data preparation solutions is the high deployment cost. One of the major issues that businesses are dealing with is this. Businesses all across the world are suffering as a result of this problem. High cost is expected to hamper the market.

Key Features of the Reports

  • The  data preparation tools market report provides granular level information about the market size, regional market share, historic market (2017-2021), and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Data Preparation Tools Market Segmentation

  • Collection
  • Cataloging
  • Data quality
  • Governance
  • Ingestion
  • Curation
deployment mode
  • On-Premises
  • Cloud
  • IT & Telecom
  • Retail & E-commerce
  • BFSI
  • Others

Frequently Asked Questions

Alteryx, Inc., Tibco Software Inc., Informatica Corporation, Datawatch Corporation, Microsoft Corporation, International Business Machines Corporation, MicroStrategy Incorporated, Qlik Technologies Inc., SAS Institute Inc., SAP SE

The data preparation tools Market size is poised to grow at a significant CAGR of 18.4% over 2022–2028.

The data preparation tools Market is valued at USD 3.11 billion in 2021.

The self-service segment holds the highest market share.

  • Alteryx, Inc.
  • Tibco Software, Inc.
  • Informatica Corporation
  • Datawatch Corporation
  • Microsoft Corporation
  • International Business Machines Corporation
  • Qlik Technologies, Inc.
  • MicroStrategy Incorporated
  • SAS Institute, Inc.
  • SAP SE