Market Overview:
The global data extraction software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data extraction software from SMEs and large organizations across the globe. Additionally, the growing trend of big data and analytics is also fueling the growth of this market. On the basis of type, web-based data extraction software held a major share in 2017 and is expected to continue its dominance during the forecast period. This can be attributed to its easy accessibility and low cost as compared to installed or desktop-based data extraction software.
Product Definition:
Data Extraction Software is a program that extracts data from a given source, usually in an electronic form, and stores it in a designated location. The purpose of Data Extraction Software is to make the retrieval of specific data easier and faster. This type of software can be used for organizational purposes or to compile information for research purposes.
Web-Based:
The web-based software is used for extracting data from websites. It's a tool that allows the extraction of data from published content and finds its application in various industries such as BFSI, IT & telecom, retail, healthcare among others. The factors responsible for driving the growth of this market include growing adoption of artificial intelligence (AI) and machine learning technologies along with rising demand to extract business insights using advanced analytics techniques.
Installed:
Installed products are used by data extraction software to identify and extract specific information from a large amount of data. The extracted information is then presented in the form of a list which is easy to understand for human eyes. Installed products are also used by other applications such as text mining, document management, speech recognition and others.
The global installed product market size was valued at USD 1,25 billion in 2015.
Application Insights:
The Small and Medium-sized Enterprises (SMEs) application segment accounted for the largest revenue share of over 50% in 2017. The data extraction software is widely used by SMEs as they find it easy to install and use. Moreover, these applications are web-based which allows users to access from any location with or without an internet connection. This has resulted in a higher adoption among smaller organizations as they can be installed on a local network within minutes rather than waiting for weeks for an external server to download the software and then trying to figure out how it works before finally installing it on their computers.
Regional Analysis:
North America dominated the global data extraction software market in 2017. North America is home to several large enterprises as well as small and medium-sized businesses (SMBs). The U.S. alone comprises over 300,000 SMBs that need to extract information from legacy systems for business growth and expansion.
The Asia Pacific is expected to emerge as the fastest-growing regional market over the forecast period owing to an increase in IT spending by companies along with growing awareness about these solutions among users located across various countries of this region including China, India, Japan and South Korea etc.
Growth Factors:
- Increasing demand for data-driven decision making: The need for extracting value from data is increasing day by day. Data extraction software helps to make better and faster decisions by providing insights from the extracted data.
- Proliferation of big data: With the increase in the volume of big data, there is a greater need for efficient tools to extract value from it. Data extraction software can efficiently handle large volumes of unstructured and semi-structured data, thus helping businesses make better use of their big data assets.
- Growing popularity of self-service analytics: Business users are increasingly demanding access to business intelligence (BI) and analytics tools so that they can perform analysis on their own without relying on IT staff or consultants. Data extraction software enables business users to easily extract relevant information from complex datasets, thus empowering them to do self-service analysis independently.
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Extraction Software Market Research Report
By Type
Web-Based, Installed, Data Extraction Softwar
By Application
SMEs, Large Organization
By Companies
Octopus Data, Softomotive, Hubdoc, Salestools.io, Datahut, Diggernaut, User Friendly Consulting, Talend, SysNucleus, Connotate, Innowera, HelpSystems, DataTool, PromptCloud, CrawlMonster, Spinn3r, Kofax, Data Extraction Softwar
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Data Extraction Software Market Report Segments:
The global Data Extraction Software market is segmented on the basis of:
Types
Web-Based, Installed, Data Extraction Softwar
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
SMEs, Large Organization
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Octopus Data
- Softomotive
- Hubdoc
- Salestools.io
- Datahut
- Diggernaut
- User Friendly Consulting
- Talend
- SysNucleus
- Connotate
- Innowera
- HelpSystems
- DataTool
- PromptCloud
- CrawlMonster
- Spinn3r
- Kofax
- Data Extraction Softwar
Highlights of The Data Extraction Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Web-Based
- Installed
- Data Extraction Softwar
- By Application:
- SMEs
- Large Organization
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Extraction Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
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- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Data extraction software is a computer program that helps users extract data from different sources. This can include text files, databases, and even social media posts.
Some of the major players in the data extraction software market are Octopus Data, Softomotive, Hubdoc, Salestools.io, Datahut, Diggernaut, User Friendly Consulting, Talend, SysNucleus, Connotate, Innowera, HelpSystems, DataTool, PromptCloud, CrawlMonster, Spinn3r, Kofax, Data Extraction Softwar.
The data extraction software market is expected to register a CAGR of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Data Extraction Software Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Data Extraction Software Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Data Extraction Software Market - Supply Chain
4.5. Global Data Extraction Software Market Forecast
4.5.1. Data Extraction Software Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Data Extraction Software Market Size (000 Units) and Y-o-Y Growth
4.5.3. Data Extraction Software Market Absolute $ Opportunity
5. Global Data Extraction Software Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Data Extraction Software Market Size and Volume Forecast by Type
5.3.1. Web-Based
5.3.2. Installed
5.3.3. Data Extraction Softwar
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Data Extraction Software Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Data Extraction Software Market Size and Volume Forecast by Application
6.3.1. SMEs
6.3.2. Large Organization
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Data Extraction Software Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Data Extraction Software Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Data Extraction Software Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Data Extraction Software Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Data Extraction Software Demand Share Forecast, 2019-2026
9. North America Data Extraction Software Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Data Extraction Software Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Data Extraction Software Market Size and Volume Forecast by Application
9.4.1. SMEs
9.4.2. Large Organization
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Data Extraction Software Market Size and Volume Forecast by Type
9.7.1. Web-Based
9.7.2. Installed
9.7.3. Data Extraction Softwar
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Data Extraction Software Demand Share Forecast, 2019-2026
10. Latin America Data Extraction Software Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Data Extraction Software Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Data Extraction Software Market Size and Volume Forecast by Application
10.4.1. SMEs
10.4.2. Large Organization
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Data Extraction Software Market Size and Volume Forecast by Type
10.7.1. Web-Based
10.7.2. Installed
10.7.3. Data Extraction Softwar
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Data Extraction Software Demand Share Forecast, 2019-2026
11. Europe Data Extraction Software Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Data Extraction Software Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Data Extraction Software Market Size and Volume Forecast by Application
11.4.1. SMEs
11.4.2. Large Organization
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Data Extraction Software Market Size and Volume Forecast by Type
11.7.1. Web-Based
11.7.2. Installed
11.7.3. Data Extraction Softwar
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Grwth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Data Extraction Software Demand Share, 2019-2026
12. Asia Pacific Data Extraction Software Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Data Extraction Software Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Data Extraction Software Market Size and Volume Forecast by Application
12.4.1. SMEs
12.4.2. Large Organization
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Data Extraction Software Market Size and Volume Forecast by Type
12.7.1. Web-Based
12.7.2. Installed
12.7.3. Data Extraction Softwar
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Data Extraction Software Demand Share, 2019-2026
13. Middle East & Africa Data Extraction Software Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Data Extraction Software Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Data Extraction Software Market Size and Volume Forecast by Application
13.4.1. SMEs
13.4.2. Large Organization
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Data Extraction Software Market Size and Volume Forecast by Type
13.7.1. Web-Based
13.7.2. Installed
13.7.3. Data Extraction Softwar
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Data Extraction Software Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Data Extraction Software Market: Market Share Analysis
14.2. Data Extraction Software Distributors and Customers
14.3. Data Extraction Software Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Octopus Data
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Softomotive
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hubdoc
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Salestools.io
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Datahut
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Diggernaut
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. User Friendly Consulting
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Talend
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SysNucleus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Connotate
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Innowera
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HelpSystems
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DataTool
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. PromptCloud
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CrawlMonster
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Spinn3r
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Kofax
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Data Extraction Softwar
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
