Study Period | 2019-2032 |
Base Year | 2023 |
Forcast Year | 2023-2032 |
CAGR | 8.42 |
The Data Discovery Software Market size is estimated to grow at a CAGR of 6.78% between 2022 and 2032. The market size is forecast to increase by USD 8,932.15 million. The growth of the market depends on several factors, including the increasing volume of data generated by organizations, the need for data-driven decision-making, and the rising demand for advanced analytics solutions. Data discovery software refers to a technology that enables organizations to explore, analyze, and visualize their data to uncover valuable insights and make informed business decisions. It provides users with intuitive tools and interactive dashboards to interact with data, identify patterns, and discover hidden relationships, helping organizations gain a competitive edge in today's data-driven world.
Data Discovery Software Market Overview
Drivers:
One of the key factors driving the data discovery software market growth is the increasing volume of data generated by organizations. With the proliferation of digital technologies and the advent of the Internet of Things (IoT), organizations are generating vast amounts of data from various sources such as social media, sensors, and transactional systems. This data holds valuable insights that can help organizations improve operational efficiency, enhance customer experiences, and drive innovation. Data discovery software enables organizations to efficiently analyze and extract meaningful insights from this data, leading to better decision-making and business outcomes.
Moreover, the need for data-driven decision-making is another significant driver of market growth. In today's competitive business landscape, organizations need to make informed decisions based on data rather than relying on intuition or guesswork. Data discovery software empowers users to explore and analyze data in a self-service manner, enabling them to uncover valuable insights and make data-driven decisions quickly and effectively. This capability is particularly crucial in industries such as finance, healthcare, retail, and manufacturing, where data-driven decision-making can lead to significant competitive advantages.
Trends:
A key trend shaping the data discovery software market growth is the integration of artificial intelligence (AI) and machine learning (ML) capabilities in data discovery tools. AI and ML algorithms can analyze large volumes of data, identify patterns, and make predictions or recommendations based on historical data. By integrating AI and ML capabilities, data discovery software can automate data analysis processes, provide intelligent insights, and enable users to uncover hidden patterns or trends in their data more efficiently. This trend is driven by the increasing demand for advanced analytics solutions that can handle complex and diverse datasets and provide actionable insights to drive business growth.
Additionally, the rising adoption of cloud-based data discovery software is another key trend in the market. Cloud-based solutions offer several advantages, including scalability, flexibility, and cost-effectiveness. They allow organizations to access and analyze their data from anywhere, anytime, using any device, eliminating the need for on-premises infrastructure and reducing IT costs. Cloud-based data discovery software also enables seamless collaboration and data sharing among teams, improving productivity and decision-making across the organization. As a result, there is a growing preference for cloud-based data discovery solutions, driving market growth.
Restraints:
Data privacy and security concerns are one of the key challenges hindering the data discovery software market growth. As organizations collect and analyze large volumes of data, they need to ensure the privacy and security of this data to comply with regulations and protect sensitive information. Data breaches and unauthorized access to data can have severe consequences, including financial losses, reputational damage, and legal liabilities. Therefore, organizations are cautious about adopting data discovery software and may hesitate to share their data with third-party vendors. Addressing these concerns and implementing robust data privacy and security measures are crucial for the widespread adoption of data discovery software.
Furthermore, the complexity of data integration and data quality issues pose challenges to the effective use of data discovery software. Organizations often have data scattered across multiple systems and formats, making it difficult to integrate and analyze data seamlessly. Inaccurate or incomplete data can lead to incorrect insights and decisions, undermining the value of data discovery software. Therefore, organizations need to invest in data integration and data quality management solutions to ensure the accuracy and reliability of their data, which can be a time-consuming and resource-intensive process.
Data Discovery Software Market Segmentation By Application
The business intelligence and analytics segment is estimated to witness significant growth during the forecast period. Data discovery software plays a crucial role in enabling organizations to extract actionable insights from their data and drive data-driven decision-making. Business intelligence and analytics applications encompass a wide range of use cases, including data visualization, ad hoc reporting, predictive analytics, and data exploration. Data discovery software empowers business users to explore and analyze data independently, without relying on IT or data analysts, enabling faster and more agile decision-making. This segment is expected to grow as organizations increasingly recognize the value of data-driven insights in gaining a competitive edge and improving business performance.
The business intelligence and analytics segment was the largest segment and was valued at USD 5,678.23 million in 2017. Data discovery software enables users to create interactive dashboards, perform ad hoc queries, and visualize data in intuitive and meaningful ways, facilitating better understanding and interpretation of data. It also supports advanced analytics techniques such as predictive modeling and machine learning, enabling organizations to uncover hidden patterns, trends, and correlations in their data. Therefore, the demand for data discovery software in business intelligence and analytics applications is expected to drive market growth during the forecast period.
Data Discovery Software Market Segmentation By Type
The self-service data preparation segment is expected to witness significant growth in the data discovery software market. Self-service data preparation tools empower business users to access, clean, and transform data without relying on IT or data specialists. These tools provide intuitive interfaces and automated workflows to simplify the data preparation process, enabling users to combine, cleanse, and enrich data from various sources quickly and easily. Self-service data preparation eliminates the traditional reliance on IT for data preparation tasks, enabling business users to work with data more efficiently and independently. This segment is driven by the increasing demand for self-service analytics and the need for organizations to democratize data access and analysis.
North America is estimated to contribute 38% to the growth of the global market during the forecast period. The region has a mature and well-established data discovery software market, driven by the presence of several prominent market players such as Microsoft Corporation, Tableau Software, and Qlik Technologies. North America is also at the forefront of technological advancements and digital transformation, with organizations across various industries adopting data-driven strategies to gain a competitive edge. The region's strong focus on innovation, research and development, and technological advancements in areas such as artificial intelligence, machine learning, and cloud computing further drive the demand for data discovery software. Therefore, North America is expected to dominate the data discovery software market during the forecast period.
In 2020, during the COVID-19 pandemic, the growth of the global data discovery software market witnessed a temporary slowdown due to the economic uncertainties and disruptions caused by the pandemic. However, as organizations adapted to remote work and digital transformation accelerated, the demand for data discovery software increased. Organizations recognized the importance of data-driven decision-making in navigating the crisis and driving business resilience. As a result, the market witnessed a rebound in 2021, with increased investments in data discovery software to support remote collaboration, data analysis, and decision-making. Such factors are expected to drive the market during the forecast period.
Data Discovery Software Market Customer Landscape
The data discovery software market industry report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Who are the Major Data Discovery Software Market Companies?
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Major companies in the data discovery software market include:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
Segment Overview
The Data Discovery Software Market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2019 to 2032.
Table of Contents
United States Data Discovery Software Market Report 2017
1 Data Discovery Software Overview
1.1 Product Overview and Scope of Data Discovery Software
1.2 Classification of Data Discovery Software by Product Category
1.2.1 United States Data Discovery Software Market Size (Sales Volume) Comparison by Type (2012-2022)
1.2.2 United States Data Discovery Software Market Size (Sales Volume) Market Share by Type (Product Category) in 2016
1.2.3 Web-Based
1.2.4 Installed
1.3 United States Data Discovery Software Market by Application/End Users
1.3.1 United States Data Discovery Software Market Size (Consumption) and Market Share Comparison by Application (2012-2022)
1.3.2 SMEs
1.3.3 Large Organization
1.4 United States Data Discovery Software Market by Region
1.4.1 United States Data Discovery Software Market Size (Value) Comparison by Region (2012-2022)
1.4.2 The West Data Discovery Software Status and Prospect (2012-2022)
1.4.3 Southwest Data Discovery Software Status and Prospect (2012-2022)
1.4.4 The Middle Atlantic Data Discovery Software Status and Prospect (2012-2022)
1.4.5 New England Data Discovery Software Status and Prospect (2012-2022)
1.4.6 The South Data Discovery Software Status and Prospect (2012-2022)
1.4.7 The Midwest Data Discovery Software Status and Prospect (2012-2022)
1.5 United States Market Size (Value and Volume) of Data Discovery Software (2012-2022)
1.5.1 United States Data Discovery Software Sales and Growth Rate (2012-2022)
1.5.2 United States Data Discovery Software Revenue and Growth Rate (2012-2022)
2 United States Data Discovery Software Market Competition by Players/Suppliers
2.1 United States Data Discovery Software Sales and Market Share of Key Players/Suppliers (2012-2017)
2.2 United States Data Discovery Software Revenue and Share by Players/Suppliers (2012-2017)
2.3 United States Data Discovery Software Average Price by Players/Suppliers (2012-2017)
2.4 United States Data Discovery Software Market Competitive Situation and Trends
2.4.1 United States Data Discovery Software Market Concentration Rate
2.4.2 United States Data Discovery Software Market Share of Top 3 and Top 5 Players/Suppliers
2.4.3 Mergers & Acquisitions, Expansion in United States Market
2.5 United States Players/Suppliers Data Discovery Software Manufacturing Base Distribution, Sales Area, Product Type
3 United States Data Discovery Software Sales (Volume) and Revenue (Value) by Region (2012-2017)
3.1 United States Data Discovery Software Sales and Market Share by Region (2012-2017)
3.2 United States Data Discovery Software Revenue and Market Share by Region (2012-2017)
3.3 United States Data Discovery Software Price by Region (2012-2017)
4 United States Data Discovery Software Sales (Volume) and Revenue (Value) by Type (Product Category) (2012-2017)
4.1 United States Data Discovery Software Sales and Market Share by Type (Product Category) (2012-2017)
4.2 United States Data Discovery Software Revenue and Market Share by Type (2012-2017)
4.3 United States Data Discovery Software Price by Type (2012-2017)
4.4 United States Data Discovery Software Sales Growth Rate by Type (2012-2017)
5 United States Data Discovery Software Sales (Volume) by Application (2012-2017)
5.1 United States Data Discovery Software Sales and Market Share by Application (2012-2017)
5.2 United States Data Discovery Software Sales Growth Rate by Application (2012-2017)
5.3 Market Drivers and Opportunities
6 United States Data Discovery Software Players/Suppliers Profiles and Sales Data
6.1 Information Builders
6.1.1 Company Basic Information, Manufacturing Base and Competitors
6.1.2 Data Discovery Software Product Category, Application and Specification
6.1.2.1 Product A
6.1.2.2 Product B
6.1.3 Information Builders Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.1.4 Main Business/Business Overview
6.2 TARGIT
6.2.2 Data Discovery Software Product Category, Application and Specification
6.2.2.1 Product A
6.2.2.2 Product B
6.2.3 TARGIT Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.2.4 Main Business/Business Overview
6.3 TIBCO Software
6.3.2 Data Discovery Software Product Category, Application and Specification
6.3.2.1 Product A
6.3.2.2 Product B
6.3.3 TIBCO Software Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.3.4 Main Business/Business Overview
6.4 Oracle
6.4.2 Data Discovery Software Product Category, Application and Specification
6.4.2.1 Product A
6.4.2.2 Product B
6.4.3 Oracle Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.4.4 Main Business/Business Overview
6.5 CA Technologies
6.5.2 Data Discovery Software Product Category, Application and Specification
6.5.2.1 Product A
6.5.2.2 Product B
6.5.3 CA Technologies Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.5.4 Main Business/Business Overview
6.6 Ground Labs
6.6.2 Data Discovery Software Product Category, Application and Specification
6.6.2.1 Product A
6.6.2.2 Product B
6.6.3 Ground Labs Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.6.4 Main Business/Business Overview
6.7 ControlCase
6.7.2 Data Discovery Software Product Category, Application and Specification
6.7.2.1 Product A
6.7.2.2 Product B
6.7.3 ControlCase Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.7.4 Main Business/Business Overview
6.8 Pitney Bowes
6.8.2 Data Discovery Software Product Category, Application and Specification
6.8.2.1 Product A
6.8.2.2 Product B
6.8.3 Pitney Bowes Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.8.4 Main Business/Business Overview
6.9 Spirion
6.9.2 Data Discovery Software Product Category, Application and Specification
6.9.2.1 Product A
6.9.2.2 Product B
6.9.3 Spirion Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.9.4 Main Business/Business Overview
6.10 comForte
6.10.2 Data Discovery Software Product Category, Application and Specification
6.10.2.1 Product A
6.10.2.2 Product B
6.10.3 comForte Data Discovery Software Sales, Revenue, Price and Gross Margin (2012-2017)
6.10.4 Main Business/Business Overview
6.11 MENTIS
7 Data Discovery Software Manufacturing Cost Analysis
7.1 Data Discovery Software Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.1.4 Market Concentration Rate of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 Manufacturing Process Analysis of Data Discovery Software
8 Industrial Chain, Sourcing Strategy and Downstream Buyers
8.1 Data Discovery Software Industrial Chain Analysis
8.2 Upstream Raw Materials Sourcing
8.3 Raw Materials Sources of Data Discovery Software Major Manufacturers in 2016
8.4 Downstream Buyers
9 Marketing Strategy Analysis, Distributors/Traders
9.1 Marketing Channel
9.1.1 Direct Marketing
9.1.2 Indirect Marketing
9.1.3 Marketing Channel Development Trend
9.2 Market Positioning
9.2.1 Pricing Strategy
9.2.2 Brand Strategy
9.2.3 Target Client
9.3 Distributors/Traders List
10 Market Effect Factors Analysis
10.1 Technology Progress/Risk
10.1.1 Substitutes Threat
10.1.2 Technology Progress in Related Industry
10.2 Consumer Needs/Customer Preference Change
10.3 Economic/Political Environmental Change
11 United States Data Discovery Software Market Size (Value and Volume) Forecast (2017-2022)
11.1 United States Data Discovery Software Sales Volume, Revenue Forecast (2017-2022)
11.2 United States Data Discovery Software Sales Volume Forecast by Type (2017-2022)
11.3 United States Data Discovery Software Sales Volume Forecast by Application (2017-2022)
11.4 United States Data Discovery Software Sales Volume Forecast by Region (2017-2022)
12 Research Findings and Conclusion
13 Appendix
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
List of Tables and Figures
Figure Product Picture of Data Discovery Software
Figure United States Data Discovery Software Market Size (K Units) by Type (2012-2022)
Figure United States Data Discovery Software Sales Volume Market Share by Type (Product Category) in 2016
Figure Web-Based Product Picture
Figure Installed Product Picture
Figure United States Data Discovery Software Market Size (K Units) by Application (2012-2022)
Figure United States Sales Market Share of Data Discovery Software by Application in 2016
Figure SMEs Examples
Table Key Downstream Customer in SMEs
Figure Large Organization Examples
Table Key Downstream Customer in Large Organization
Figure United States Data Discovery Software Market Size (Million USD) by Region (2012-2022)
Figure The West Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure Southwest Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Middle Atlantic Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure New England Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure The South of US Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure The Midwest Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Data Discovery Software Sales (K Units) and Growth Rate (2012-2022)
Figure United States Data Discovery Software Revenue (Million USD) and Growth Rate (2012-2022)
Figure United States Data Discovery Software Market Major Players Product Sales Volume (K Units) (2012-2017)
Table United States Data Discovery Software Sales (K Units) of Key Players/Suppliers (2012-2017)
Table United States Data Discovery Software Sales Share by Players/Suppliers (2012-2017)
Figure 2016 United States Data Discovery Software Sales Share by Players/Suppliers
Figure 2017 United States Data Discovery Software Sales Share by Players/Suppliers
Figure United States Data Discovery Software Market Major Players Product Revenue (Million USD) (2012-2017)
Table United States Data Discovery Software Revenue (Million USD) by Players/Suppliers (2012-2017)
Table United States Data Discovery Software Revenue Share by Players/Suppliers (2012-2017)
Figure 2016 United States Data Discovery Software Revenue Share by Players/Suppliers
Figure 2017 United States Data Discovery Software Revenue Share by Players/Suppliers
Table United States Market Data Discovery Software Average Price (USD/Unit) of Key Players/Suppliers (2012-2017)
Figure United States Market Data Discovery Software Average Price (USD/Unit) of Key Players/Suppliers in 2016
Figure United States Data Discovery Software Market Share of Top 3 Players/Suppliers
Figure United States Data Discovery Software Market Share of Top 5 Players/Suppliers
Table United States Players/Suppliers Data Discovery Software Manufacturing Base Distribution and Sales Area
Table United States Players/Suppliers Data Discovery Software Product Category
Table United States Data Discovery Software Sales (K Units) by Region (2012-2017)
Table United States Data Discovery Software Sales Share by Region (2012-2017)
Figure United States Data Discovery Software Sales Share by Region (2012-2017)
Figure United States Data Discovery Software Sales Market Share by Region in 2016
Table United States Data Discovery Software Revenue (Million USD) and Market Share by Region (2012-2017)
Table United States Data Discovery Software Revenue Share by Region (2012-2017)
Figure United States Data Discovery Software Revenue Market Share by Region (2012-2017)
Figure United States Data Discovery Software Revenue Market Share by Region in 2016
Table United States Data Discovery Software Price (USD/Unit) by Region (2012-2017)
Table United States Data Discovery Software Sales (K Units) by Type (2012-2017)
Table United States Data Discovery Software Sales Share by Type (2012-2017)
Figure United States Data Discovery Software Sales Share by Type (2012-2017)
Figure United States Data Discovery Software Sales Market Share by Type in 2016
Table United States Data Discovery Software Revenue (Million USD) and Market Share by Type (2012-2017)
Table United States Data Discovery Software Revenue Share by Type (2012-2017)
Figure Revenue Market Share of Data Discovery Software by Type (2012-2017)
Figure Revenue Market Share of Data Discovery Software by Type in 2016
Table United States Data Discovery Software Price (USD/Unit) by Types (2012-2017)
Figure United States Data Discovery Software Sales Growth Rate by Type (2012-2017)
Table United States Data Discovery Software Sales (K Units) by Application (2012-2017)
Table United States Data Discovery Software Sales Market Share by Application (2012-2017)
Figure United States Data Discovery Software Sales Market Share by Application (2012-2017)
Figure United States Data Discovery Software Sales Market Share by Application in 2016
Table United States Data Discovery Software Sales Growth Rate by Application (2012-2017)
Figure United States Data Discovery Software Sales Growth Rate by Application (2012-2017)
Table Information Builders Basic Information List
Table Information Builders Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Information Builders Data Discovery Software Sales Growth Rate (2012-2017)
Figure Information Builders Data Discovery Software Sales Market Share in United States (2012-2017)
Figure Information Builders Data Discovery Software Revenue Market Share in United States (2012-2017)
Table TARGIT Basic Information List
Table TARGIT Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure TARGIT Data Discovery Software Sales Growth Rate (2012-2017)
Figure TARGIT Data Discovery Software Sales Market Share in United States (2012-2017)
Figure TARGIT Data Discovery Software Revenue Market Share in United States (2012-2017)
Table TIBCO Software Basic Information List
Table TIBCO Software Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure TIBCO Software Data Discovery Software Sales Growth Rate (2012-2017)
Figure TIBCO Software Data Discovery Software Sales Market Share in United States (2012-2017)
Figure TIBCO Software Data Discovery Software Revenue Market Share in United States (2012-2017)
Table Oracle Basic Information List
Table Oracle Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Oracle Data Discovery Software Sales Growth Rate (2012-2017)
Figure Oracle Data Discovery Software Sales Market Share in United States (2012-2017)
Figure Oracle Data Discovery Software Revenue Market Share in United States (2012-2017)
Table CA Technologies Basic Information List
Table CA Technologies Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure CA Technologies Data Discovery Software Sales Growth Rate (2012-2017)
Figure CA Technologies Data Discovery Software Sales Market Share in United States (2012-2017)
Figure CA Technologies Data Discovery Software Revenue Market Share in United States (2012-2017)
Table Ground Labs Basic Information List
Table Ground Labs Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Ground Labs Data Discovery Software Sales Growth Rate (2012-2017)
Figure Ground Labs Data Discovery Software Sales Market Share in United States (2012-2017)
Figure Ground Labs Data Discovery Software Revenue Market Share in United States (2012-2017)
Table ControlCase Basic Information List
Table ControlCase Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure ControlCase Data Discovery Software Sales Growth Rate (2012-2017)
Figure ControlCase Data Discovery Software Sales Market Share in United States (2012-2017)
Figure ControlCase Data Discovery Software Revenue Market Share in United States (2012-2017)
Table Pitney Bowes Basic Information List
Table Pitney Bowes Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Pitney Bowes Data Discovery Software Sales Growth Rate (2012-2017)
Figure Pitney Bowes Data Discovery Software Sales Market Share in United States (2012-2017)
Figure Pitney Bowes Data Discovery Software Revenue Market Share in United States (2012-2017)
Table Spirion Basic Information List
Table Spirion Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure Spirion Data Discovery Software Sales Growth Rate (2012-2017)
Figure Spirion Data Discovery Software Sales Market Share in United States (2012-2017)
Figure Spirion Data Discovery Software Revenue Market Share in United States (2012-2017)
Table comForte Basic Information List
Table comForte Data Discovery Software Sales (K Units), Revenue (Million USD), Price (USD/Unit) and Gross Margin (2012-2017)
Figure comForte Data Discovery Software Sales Growth Rate (2012-2017)
Figure comForte Data Discovery Software Sales Market Share in United States (2012-2017)
Figure comForte Data Discovery Software Revenue Market Share in United States (2012-2017)
Table MENTIS Basic Information List
Table Production Base and Market Concentration Rate of Raw Material
Figure Price Trend of Key Raw Materials
Table Key Suppliers of Raw Materials
Figure Manufacturing Cost Structure of Data Discovery Software
Figure Manufacturing Process Analysis of Data Discovery Software
Figure Data Discovery Software Industrial Chain Analysis
Table Raw Materials Sources of Data Discovery Software Major Players/Suppliers in 2016
Table Major Buyers of Data Discovery Software
Table Distributors/Traders List
Figure United States Data Discovery Software Sales Volume (K Units) and Growth Rate Forecast (2017-2022)
Figure United States Data Discovery Software Revenue (Million USD) and Growth Rate Forecast (2017-2022)
Figure United States Data Discovery Software Price (USD/Unit) Trend Forecast (2017-2022)
Table United States Data Discovery Software Sales Volume (K Units) Forecast by Type (2017-2022)
Figure United States Data Discovery Software Sales Volume (K Units) Forecast by Type (2017-2022)
Figure United States Data Discovery Software Sales Volume (K Units) Forecast by Type in 2022
Table United States Data Discovery Software Sales Volume (K Units) Forecast by Application (2017-2022)
Figure United States Data Discovery Software Sales Volume (K Units) Forecast by Application (2017-2022)
Figure United States Data Discovery Software Sales Volume (K Units) Forecast by Application in 2022
Table United States Data Discovery Software Sales Volume (K Units) Forecast by Region (2017-2022)
Table United States Data Discovery Software Sales Volume Share Forecast by Region (2017-2022)
Figure United States Data Discovery Software Sales Volume Share Forecast by Region (2017-2022)
Figure United States Data Discovery Software Sales Volume Share Forecast by Region in 2022
Table Research Programs/Design for This Report
Figure Bottom-up and Top-down Approaches for This Report
Figure Data Triangulation
Table Key Data Information from Secondary Sources
Table Key Data Information from Primary Sources
A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.
Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.
Now let’s take a closer look at the research methods here.
Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.
Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.
However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.
The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.
Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.
The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.
"Find new revenue generation opportunities"