North America Data Mining Tools Market Size, Share & Industry Trends Analysis Report By Component, By Application, By Enterprise Size, By Deployment Type (On premise, and Cloud), By End-use, By Country and Growth Forecast, 2023 - 2030
Description
North America Data Mining Tools Market Size, Share & Industry Trends Analysis Report By Component, By Application, By Enterprise Size, By Deployment Type (On premise, and Cloud), By End-use, By Country and Growth Forecast, 2023 - 2030
The North America Data Mining Tools Market would witness market growth of 12.1% CAGR during the forecast period (2023-2030).
Data mining tools analyse, find patterns, and use data to build models for efficient business operations. The swift digital transformation is anticipated to increase demand for these tools across sectors. Software for data mining is used to identify patterns, groups, and trends in enormous amounts of data.
These technologies adhere to the conventional data mining methodology, which consists of six phases: business comprehension, data understanding, data preparation, modelling, evaluation, and deployment. The demand for data mining tools is being driven by numerous industries employing data mining to enhance their data mining capabilities. These industries use pattern recognition and other pertinent tools. Customers can improve their comprehension of their condition and make better decisions using data mining technologies.
The market is expanding quickly due to the increased demand for AI and ML technologies. Data mining technologies are also redefining the sector by enabling digitalization across various sectors, including banking, process manufacturing, professional services, federal/central government, and business processes. It is made possible by the massive amounts of collected, stored, and captured data. Data mining technologies identify correlations and patterns through sophisticated computations to interpret and assess data from multiple dimensions and perspectives.
The Privacy Shield Program of the U.S. Department of Commerce establishes standards for organizations that transmit personal data between the United States and Europe. In addition, it offers compliance guidance to companies that employ data extraction tools. In addition, the California Consumer Privacy Act (CCPA) grants consumers in California greater control over their personal information, including how companies use it. It requires companies to provide clearly and prominently disclose their data collection and usage practices. In addition, it describes how organizations should react if they detect an attack or network breach. Ultimately, these factors are anticipated to strengthen the regional market.
The US market dominated the North America Data Mining Tools Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $597.9 million by 2030. The Canada market is experiencing a CAGR of 14.6% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 13.6% during (2023 - 2030).
Based on Component, the market is segmented into Tools (Without Services), and Services. Based on Application, the market is segmented into Supply Chain & Procurement, Marketing, Business Transaction, Intrusion Detection, and Others. Based on Enterprise Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into On premise, and Cloud. Based on End-use, the market is segmented into Telecom & IT, BFSI, Manufacturing, Healthcare & Lifesciences, Retail, Education, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Oracle Corporation, IBM corporation, KNIME AG, Altair Engineering, Inc. (IMG Companies, LLC), Microsoft Corporation, Sisense, Inc., Google, LLC (Kaggle Inc.), SAS Institute, Inc., SAP SE and Teradata Corporation
Scope of the Study
Market Segments covered in the Report:
By Component
- Tools (Without Services)
- Services
- Supply Chain & Procurement
- Marketing
- Business Transaction
- Intrusion Detection
- Others
- Large Enterprises
- Small & Medium Enterprises
- On premise
- Cloud
- Telecom & IT
- BFSI
- Manufacturing
- Healthcare & Lifesciences
- Retail
- Education
- Others
- US
- Canada
- Mexico
- Rest of North America
- Oracle Corporation
- IBM corporation
- KNIME AG
- Altair Engineering, Inc. (IMG Companies, LLC)
- Microsoft Corporation
- Sisense, Inc.
- Google, LLC (Kaggle Inc.)
- SAS Institute, Inc.
- SAP SE
- Teradata Corporation
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Table of Contents
131 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Data Mining Tools Market, by Component
- 1.4.2 North America Data Mining Tools Market, by Application
- 1.4.3 North America Data Mining Tools Market, by Enterprise Size
- 1.4.4 North America Data Mining Tools Market, by Deployment Type
- 1.4.5 North America Data Mining Tools Market, by End-use
- 1.4.6 North America Data Mining Tools Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market At a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2022
- 4.2 Porter’s Five Force Analysis
- Chapter 5. North America Data Mining Tools Market by Component
- 5.1 North America Tools (Without Services) Market by Country
- 5.2 North America Services Market by Country
- Chapter 6. North America Data Mining Tools Market by Application
- 6.1 North America Supply Chain & Procurement Market by Country
- 6.2 North America Marketing Market by Country
- 6.3 North America Business Transaction Market by Country
- 6.4 North America Intrusion Detection Market by Country
- 6.5 North America Other Application Market by Country
- Chapter 7. North America Data Mining Tools Market by Enterprise Size
- 7.1 North America Large Enterprises Market by Country
- 7.2 North America Small & Medium Enterprises Market by Country
- Chapter 8. North America Data Mining Tools Market by Deployment Type
- 8.1 North America On premise Market by Country
- 8.2 North America Cloud Market by Country
- Chapter 9. North America Data Mining Tools Market by End-use
- 9.1 North America Telecom & IT Market by Country
- 9.2 North America BFSI Market by Country
- 9.3 North America Manufacturing Market by Country
- 9.4 North America Healthcare & Lifesciences Market by Country
- 9.5 North America Retail Market by Country
- 9.6 North America Education Market by Country
- 9.7 North America Others Market by Country
- Chapter 10. North America Data Mining Tools Market by Country
- 10.1 US Data Mining Tools Market
- 10.1.1 US Data Mining Tools Market by Component
- 10.1.2 US Data Mining Tools Market by Application
- 10.1.3 US Data Mining Tools Market by Enterprise Size
- 10.1.4 US Data Mining Tools Market by Deployment Type
- 10.1.5 US Data Mining Tools Market by End-use
- 10.2 Canada Data Mining Tools Market
- 10.2.1 Canada Data Mining Tools Market by Component
- 10.2.2 Canada Data Mining Tools Market by Application
- 10.2.3 Canada Data Mining Tools Market by Enterprise Size
- 10.2.4 Canada Data Mining Tools Market by Deployment Type
- 10.2.5 Canada Data Mining Tools Market by End-use
- 10.3 Mexico Data Mining Tools Market
- 10.3.1 Mexico Data Mining Tools Market by Component
- 10.3.2 Mexico Data Mining Tools Market by Application
- 10.3.3 Mexico Data Mining Tools Market by Enterprise Size
- 10.3.4 Mexico Data Mining Tools Market by Deployment Type
- 10.3.5 Mexico Data Mining Tools Market by End-use
- 10.4 Rest of North America Data Mining Tools Market
- 10.4.1 Rest of North America Data Mining Tools Market by Component
- 10.4.2 Rest of North America Data Mining Tools Market by Application
- 10.4.3 Rest of North America Data Mining Tools Market by Enterprise Size
- 10.4.4 Rest of North America Data Mining Tools Market by Deployment Type
- 10.4.5 Rest of North America Data Mining Tools Market by End-use
- Chapter 11. Company Profiles
- 11.1 Oracle Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Product Launches and Product Expansions:
- 11.1.6 SWOT Analysis
- 11.2 IBM Corporation
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 SWOT Analysis
- 11.3 KNIME AG
- 11.3.1 Company Overview
- 11.3.2 Recent Strategies and Developments:
- 11.3.2.1 Product Launches and Product Expansions:
- 11.3.3 SWOT Analysis
- 11.4 Altair Engineering, Inc. (IMG Companies, LLC)
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental and Regional Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 Recent strategies and developments:
- 11.4.5.1 Acquisition and Mergers:
- 11.4.6 SWOT Analysis
- 11.5 Microsoft Corporation
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expenses
- 11.5.5 SWOT Analysis
- 11.6 Sisense, Inc.
- 11.6.1 Company Overview
- 11.6.2 SWOT Analysis
- 11.7 Google, LLC (Kaggle Inc.)
- 11.7.1 Company Overview
- 11.7.2 Financial Analysis
- 11.7.3 Segmental and Regional Analysis
- 11.7.4 Research & Development Expense
- 11.7.5 SWOT Analysis
- 11.8 SAS Institute, Inc.
- 11.8.1 Company Overview
- 11.8.2 Recent strategies and developments:
- 11.8.2.1 Product Launches and Product Expansions:
- 11.8.3 SWOT Analysis
- 11.9 SAP SE
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Acquisition and Mergers:
- 11.9.6 SWOT Analysis
- 11.10. Teradata Corporation
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 SWOT Analysis
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