The global demand for Data Extraction Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Data extraction is the collection or retrieval of different types of data for further processing or storage. The data retrieved is generally poorly structured and are from various sources like web pages, emails, documents, PDFs, scanned text, mainframe reports, spool files, classifieds, recording devices, etc. This extracted data is further processed and stored in a centralized on-site and cloud-based location for transformation and analysis. Many different extraction tools, like batch extraction, cloud-based, or open-source tools, are available. Data extraction plays a crucial role in attaining business intelligence across various sectors.
The rising adoption of automated workflows to improve visibility, accuracy, decision-making capabilities, and reduce human errors among small businesses will be the primary stimulant for the data extraction market. A growing interest in using technologically advanced business intelligence, machine learning tools, and big data across industries will contribute to market growth. The need to integrate different data types from a range of local and cloud-native sources to streamline processes and support compliance efforts in the healthcare sector will boost the market growth. The rising importance of consolidation and integration of data related to patient care, healthcare providers, insurance claims, customers' data in the retail sector, IT firms, and real estate services will be a market booster. The challenges faced by this market will be the crucial planning required in collecting data from different sources and the security of the collected data.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of data extraction.
The entire data extraction market has been sub-categorized into component, data type, deployment model, enterprise size and industry vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Data Type
By Deployment Model
By Enterprise Size
- Semi-Structured & Structured
By Industry Vertical
- Large Enterprises
- Small & Medium Enterprises
- Energy & Utilities
- Retail & E-commerce
- IT & Telecom
This section covers regional segmentation which accentuates on current and future demand for data extraction market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Data Extraction Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the data extraction market include Alteryx, Inc., Altair Engineering Inc., Fair Isaac Corporation, IBM Corporation, Microsoft Corporation, Matillion Ltd., Oracle Corporation, SAS Institute, Inc., SAP SE, Teradata Corporation. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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