Technology has advanced quickly over the past ten years, and every day, vast amounts of customer data are gathered. With the right tools for data discovery, this data may be turned into meaningful information. The business intelligence tools, which give users the option of creating inquiries and discovering the answers to these impromptu queries, are a subset of the data discovery tools.
The data discovery tools must successfully and efficiently manage the complete spectrum of use cases, from data profiling through the delivery of actionable insights. Instead than being utilised only for exploratory purposes, data discovery tools are also used to acquire predictive insights into the data.
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Market drivers & challenges
Big data is the main market driver for the global data discovery market. Traditional data discovery approaches are no longer effective due to the massive volume of data being generated. Utilizing cutting-edge data discovery software solutions, the vast amount of data that exists in various formats must be processed effectively in order to yield insightful information.
The demand for Real-time analytics was another factor driving the global data discovery market. Data discovery software technologies are in demand as real-time analytics become more important. Data discovery methods that are quicker, automated, and flexible can meet these demands.
Market Overview
Due to the rising demand from large businesses and big data organisations in North America, Western Europe has overtaken North America as the region with the largest market share in the data discovery market. During the projected period, a faster rate of growth is anticipated in the Asia-Pacific region.
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Key Market Players
QlikTech International AB, TABLEAU SOFTWARE, Microsoft Corporation, Alteryx, Inc., MicroStrategy Inc., Logi Analytics, ClearStory Data, TIBCO Software Inc., SAS Institute Inc., and Pentaho Corporation are a few of the major competitors in the data discovery market.
The report covers exhaustive analysis on
- Global Data Discovery Market segments
- Global Data Discovery Market dynamics
- Historical Actual Market Size, 2015 – 2016
- Global Data Discovery Market size & forecast 2017 to 2027
- Ecosystem analysis
- Global Data Discovery Market current trends/issues/challenges
- Competition & Companies involved technology
- Value Chain
- Global Data Discovery Market drivers and restraints
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Global Data Discovery Market: Segmentation
Global Data Discovery Market is segmented based on the platform, deployment type, vertical and region.
On basis of platform global Data Discovery Market can be segmented to
- desktop
- web
- mobile
On basis of deployment global Data Discovery Market can be segmented to
- On-premise
- Cloud
On the basis of vertical global Data Discovery Market is segmented into
- BFSI
- retail
- telecom
- healthcare
- energy
- education
- automobile
- public sector
- others
On basis of region, global Data Discovery Market is segmented into
- North America
- Latin America
- Eastern Europe
- Western Europe
- Asia Pacific Excluding Japan (APEJ)
- Japan
- The Middle East and Africa (MEA)
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