What is scope of the report?

The base year for the study has been considered 2019, historic year 2014 and 2018. Read More

What are the significant segments operating in the market?

Market is segmented on the basis. Read More

What are the vital market dynamics?

The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. Read More

What does a company profile includes?

The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering. Read More

Data Extraction Services Market by Service type (Online Data Extraction and Offline data extraction), By Application (SMEs, and Large enterprises) Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2023 to 2032

Publish Date: May, 2023
Report ID: 420273
Category: Technology
Pages: 235

$4700

The Data Extraction Services market is expected to grow from USD 913.83 million in 2022 to USD 3,447.67 million by 2032, at a CAGR of 14.21% during the forecast period 2023-2032.

Data extraction services are a process where the data is extracted from various sources such as documents, websites, video content, social media feeds, and other sources. This process can be done manually or with the help of software solutions. Data extraction is generally implemented for various purposes, including marketing, analytics and research. Identifying a good data source is the first step of the data extraction process. The data is extracted when the data source is correctly identified. Companies usually implement the data extraction process to retrieve various types of data, including customer, financial, product, or performance data. The second step of the data extraction usually employs in shaping the raw and unstructured data into more useful and efficient information. This process opens up new ways through which the information can be gleaned.

The driving factors of the market growth are the increasing demand for data extraction services in various end-user industries. For companies, the importance of the data extraction process is usually considered to be very crucial as it aids in achieving a competitive advantage. In the current scenario, data is gathered through online sources. The companies use it to gain a competitive advantage through sentiment analysis, churn analysis, measuring customer satisfaction levels, and others. This can be considered as the primary factor which is boosting the market growth and development. However, data extraction process have some of its own disadvantages. Inconsistency associated with the data sources can be considered as the major restraining factor which is hampering the market growth and development. The introduction of IoT (Internet of Things) along with big data analytics is anticipated to provide lucrative growth opportunities in the upcoming years.

This study delivers a comprehensive analysis of application, service type, and region. The application segment includes SMEs and large enterprises. The large enterprises segment holds the largest market share in 2022. The presence of large industry players across the globe is the primary factor for the segment growth. The SMEs segment is expected to grow at the highest CAGR during the forecast period. The service type segment includes online data extraction and offline data extraction. The online data extraction segment held the largest market share in 2022. The online data extraction refers to process of extracting the data with the help of social media, websites, online database documents and various other sources. In this current world, internet is considered to be the best tool which hugely helps in data extraction process.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America region dominated the global data extraction services market in 2022. The U.S. is majorly contributing towards regional growth and development. The presence of established and developed IT infrastructure and its companies employs an ideal environment for the data extraction services market to grow and flourish in future. Europe region held a substantial market share within the global data extraction services market. The growing need for effective and efficient data management processes drives regional market growth and development.

Some of the notable players in the market are Datamam, GroupBWT, Grepsr, CrawlNow, ScrapeHero, James Paul, BotScraper, Marquee Data, Scrapelabs, Datahut, Apify, Outscraper, 3i Data Scraping, Alexscraping, ApiScrapy, Damco Solutions, Datahen, Divinfosys, and iDatica among others.

Global Data Extraction Services Market Analysis and Forecast, Application
- SMEs
- Large enterprises

Global Data Extraction Services Market Analysis and Forecast, Service type
- Online data extraction
- Offline data extraction
Global Data Extraction Services Market Analysis and Forecast, Region
- North America
  - U.S.
  - Canada
  - Mexico
- Europe
  - Germany
  - France
  - Sweden
  - Netherland
  - U.K.
  - Italy
  - Spain
  - Turkey
  - Switzerland
  - Belgium
  - Rest Of Europe
- Asia-Pacific
  - Japan
  - China
  - India
  - South Korea
  - Australia
  - Singapore
  - Malaysia
  - Thailand
  - Indonesia
  - Philippines
  - Rest Of APAC
- South America
  - Brazil
  - Argentina
  - Peru
  - Colombia
  - Rest Of South America
- Middle East And Africa
  - UAE
  - Saudi Arabia
  - Egypt
  - Nigeria
  - South Africa
  - Rest Of MEA

Report Description:

The base year for the study has been considered 2022, historic year 2019 and 2021, the forecast period considered is from 2023 to 2032.
The study delivers a comprehensive analysis of global market for all segments and region.
The report offers in-depth analysis of driving factors, opportunities and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2023 to 2032.
Porter’s Five Forces model is used in order to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
The market estimates have been evaluated by considering the effect of different political, economic, social, technological and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

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1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis By Application
          4.3.2. Market Attractiveness Analysis By Service Type
          4.3.3. Market Attractiveness Analysis By Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Market Evaluation
    5.3. Drivers
          5.3.1. The increasing demand across end-user industries
    5.4. Restraints
          5.4.1. Inconsistency in Data Sources
    5.5. Opportunities
          5.5.1. Introduction of IoT and Big Data Analytics
6. Global Data Extraction Services Market Analysis and Forecast, By Application
    6.1. Segment Overview
    6.2. SMEs
    6.3. Large Enterprises
7. Global Data Extraction Services Market Analysis and Forecast, By Service Type
    7.1. Segment Overview
    7.2. Online Data Extraction Services
    7.3. Offline Data Extraction Services
8. Global Data Extraction Services Market Analysis and Forecast, By Regional Analysis
    8.1. Segment Overview
    8.2. North America
          8.2.1. U.S.
          8.2.2. Canada
          8.2.3. Mexico
    8.3. Europe
          8.3.1. Germany
          8.3.2. France
          8.3.3. U.K.
          8.3.4. Italy
          8.3.5. Spain
    8.4. Asia-Pacific
          8.4.1. Japan
          8.4.2. China
          8.4.3. India
    8.5. South America
          8.5.1. Brazil
    8.6. Middle East and Africa
          8.6.1. UAE
          8.6.2. South Africa
9. Global Data Extraction Services Market-Competitive Landscape
    9.1. Overview
    9.2. Market Share of Key Players in Global Data Extraction Services Market
          9.2.1. Global Company Market Share
          9.2.2. North America Company Market Share
          9.2.3. Europe Company Market Share
          9.2.4. APAC Company Market Share
    9.3. Competitive Situations and Trends
          9.3.1. Product Launches and Developments
          9.3.2. Partnerships, Collaborations, and Agreements
          9.3.3. Mergers & Acquisitions
          9.3.4. Expansions
10. Company Profiles
    10.1. Datamam
          10.1.1. Business Overview
          10.1.2. Company Snapshot
          10.1.3. Company Market Share Analysis
          10.1.4. Company Product Portfolio
          10.1.5. Recent Developments
          10.1.6. SWOT Analysis
    10.2. GroupBWT
          10.2.1. Business Overview
          10.2.2. Company Snapshot
          10.2.3. Company Market Share Analysis
          10.2.4. Company Product Portfolio
          10.2.5. Recent Developments
          10.2.6. SWOT Analysis
    10.3. Grepsr
          10.3.1. Business Overview
          10.3.2. Company Snapshot
          10.3.3. Company Market Share Analysis
          10.3.4. Company Product Portfolio
          10.3.5. Recent Developments
          10.3.6. SWOT Analysis
    10.4. CrawlNow
          10.4.1. Business Overview
          10.4.2. Company Snapshot
          10.4.3. Company Market Share Analysis
          10.4.4. Company Product Portfolio
          10.4.5. Recent Developments
          10.4.6. SWOT Analysis
    10.5. ScrapeHero
          10.5.1. Business Overview
          10.5.2. Company Snapshot
          10.5.3. Company Market Share Analysis
          10.5.4. Company Product Portfolio
          10.5.5. Recent Developments
          10.5.6. SWOT Analysis
    10.6. James Paul
          10.6.1. Business Overview
          10.6.2. Company Snapshot
          10.6.3. Company Market Share Analysis
          10.6.4. Company Product Portfolio
          10.6.5. Recent Developments
          10.6.6. SWOT Analysis
    10.7. BotScraper
          10.7.1. Business Overview
          10.7.2. Company Snapshot
          10.7.3. Company Market Share Analysis
          10.7.4. Company Product Portfolio
          10.7.5. Recent Developments
          10.7.6. SWOT Analysis
    10.8. Marquee Data
          10.8.1. Business Overview
          10.8.2. Company Snapshot
          10.8.3. Company Market Share Analysis
          10.8.4. Company Product Portfolio
          10.8.5. Recent Developments
          10.8.6. SWOT Analysis
    10.9. Scrapelabs
          10.9.1. Business Overview
          10.9.2. Company Snapshot
          10.9.3. Company Market Share Analysis
          10.9.4. Company Product Portfolio
          10.9.5. Recent Developments
          10.9.6. SWOT Analysis
    10.10. Datahut
          10.10.1. Business Overview
          10.10.2. Company Snapshot
          10.10.3. Company Market Share Analysis
          10.10.4. Company Product Portfolio
          10.10.5. Recent Developments
          10.10.6. SWOT Analysis
    10.11. Apify
          10.11.1. Business Overview
          10.11.2. Company Snapshot
          10.11.3. Company Market Share Analysis
          10.11.4. Company Product Portfolio
          10.11.5. Recent Developments
          10.11.6. SWOT Analysis
    10.12. Outscraper
          10.12.1. Business Overview
          10.12.2. Company Snapshot
          10.12.3. Company Market Share Analysis
          10.12.4. Company Product Portfolio
          10.12.5. Recent Developments
          10.12.6. SWOT Analysis
    10.13. 3i Data Scraping
          10.13.1. Business Overview
          10.13.2. Company Snapshot
          10.13.3. Company Market Share Analysis
          10.13.4. Company Product Portfolio
          10.13.5. Recent Developments
          10.13.6. SWOT Analysis
    10.14. Alexscraping
          10.14.1. Business Overview
          10.14.2. Company Snapshot
          10.14.3. Company Market Share Analysis
          10.14.4. Company Product Portfolio
          10.14.5. Recent Developments
          10.14.6. SWOT Analysis
    10.15. ApiScrapy
          10.15.1. Business Overview
          10.15.2. Company Snapshot
          10.15.3. Company Market Share Analysis
          10.15.4. Company Product Portfolio
          10.15.5. Recent Developments
          10.15.6. SWOT Analysis
    10.16. Damco Solutions
          10.16.1. Business Overview
          10.16.2. Company Snapshot
          10.16.3. Company Market Share Analysis
          10.16.4. Company Product Portfolio
          10.16.5. Recent Developments
          10.16.6. SWOT Analysis
    10.17. Datahen
          10.17.1. Business Overview
          10.17.2. Company Snapshot
          10.17.3. Company Market Share Analysis
          10.17.4. Company Product Portfolio
          10.17.5. Recent Developments
          10.17.6. SWOT Analysis
    10.18. Divinfosys
          10.18.1. Business Overview
          10.18.2. Company Snapshot
          10.18.3. Company Market Share Analysis
          10.18.4. Company Product Portfolio
          10.18.5. Recent Developments
          10.18.6. SWOT Analysis
    10.19. iDatica
          10.19.1. Business Overview
          10.19.2. Company Snapshot
          10.19.3. Company Market Share Analysis
          10.19.4. Company Product Portfolio
          10.19.5. Recent Developments
          10.19.6. SWOT Analysis

List of Table

1. Global Data Extraction Services Market, By Application, 2019-2032 (USD Million)

2. Global SMEs, Data Extraction Services Market, By Region, 2019-2032 (USD Million)

3. Global Large Enterprises, Data Extraction Services Market, By Region, 2019-2032 (USD Million)

4. Global Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

5. Global Online Data Extraction Services, Data Extraction Services Market, By Region, 2019-2032 (USD Million)

6. Global Pins Offline Data Extraction Services, Data Extraction Services Market, By Region, 2019-2032 (USD Million)

7. North America Data Extraction Services Market, By Application, 2019-2032 (USD Million)

8. North America Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

9. U.S. Data Extraction Services Market, By Application, 2019-2032 (USD Million)

10. U.S. Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

11. Canada Data Extraction Services Market, By Application, 2019-2032 (USD Million)

12. Canada Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

13. Mexico Data Extraction Services Market, By Application, 2019-2032 (USD Million)

14. Mexico Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

15. Europe Data Extraction Services Market, By Application, 2019-2032 (USD Million)

16. Europe Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

17. Germany Data Extraction Services Market, By Application, 2019-2032 (USD Million)

18. Germany Data Extraction Services Market, By Service Type, 2019-2032 (USD Million)

19. France Data Extraction Services Market, By Application, 2019-2032 (USD Million)

20. France Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

21. U.K. Data Extraction Services Market, By Application, 2019-2032 (USD Million)

22. U.K. Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

23. Italy Data Extraction Services Market, By Application, 2019-2032 (USD Million)

24. Italy Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

25. Spain Data Extraction Services Market, By Application, 2019-2032 (USD Million)

26. Spain Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

27. Asia Pacific Data Extraction Services Market, By Application, 2019-2032 (USD Million)

28. Asia Pacific Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

29. Japan Data Extraction Services Market, By Application, 2019-2032 (USD Million)

30. Japan Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

31. China Data Extraction Services Market, By Application, 2019-2032 (USD Million)

32. China Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

33. India Data Extraction Services Market, By Application, 2019-2032 (USD Million)

34. India Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

35. South America Data Extraction Services Market, By Application, 2019-2032 (USD Million)

36. South America Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

37. Brazil Data Extraction Services Market, By Application, 2019-2032 (USD Million)

38. Brazil Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

39. Middle East and Africa Data Extraction Services Market, By Application, 2019-2032 (USD Million)

40. Middle East and Africa Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

41. UAE Data Extraction Services Market, By Application, 2019-2032 (USD Million)

42. UAE Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

43. South Africa Data Extraction Services Market, By Application, 2019-2032 (USD Million)

44. South Africa Data Extraction Services Market, By Service Type 2019-2032 (USD Million)

List of Figures

1. Global Data Extraction Services Market Segmentation

2. Global Data Extraction Services Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis

7. Value Chain Analysis

8. Global Data Extraction Services Market Attractiveness Analysis By Application

9. Global Data Extraction Services Market Attractiveness Analysis By Service Type

10. Global Data Extraction Services Market Attractiveness Analysis By Region

11. Global Data Extraction Services Market: Dynamics

12. Global Data Extraction Services Market Share By Application (2023 & 2032)

13. Global Data Extraction Services Market Share By Service Type (2023 & 2032)

14. Global Data Extraction Services Market Share By Regions (2023 & 2032)

15. Global Data Extraction Services Market Share By Company (2022)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

Market research helps businesses strengthen a company’s position
Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
Market research helps in identifying the potential threats and opportunities associated with the business industry
Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

Data Collection
Data Synthesis
Market Deduction & Formulation
Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends.
Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information.

We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:

Export & Import Data
Business Information related to trade and its statistics
Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.

In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
Examining demographic along with psychographic segmentation for market evaluation
Analyzing the macro and micro-economic indicators for each demography
Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology.

Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.

The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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Testimonials

Hi John,
Thanks for the report. We've been going through it and see some good data on the market and players. –

Kennedy Brown
Health Technology Innovation
United States

Hi Rahul,
Thank You for the report it is good and beneficial for me.
Thank You in Advance

Mika Salomäki

Dear Siddhartha,
Thank you for your fast reply. The report arrived safe and sound, evrything looks all right.
Thank you very much for your assitance and I will be looking forward to another opportunity for cooperation.

ONDŘEJ ŠUPKA
Analytics Department
ČESKÁ ZBROJOVKA A.S.

Dear Siddhartha,
The report looks good, and we believe the material mix is more realistic now. It is good to know you report “Net” Manufacturing Selling Price, as that can make a difference in how we view the numbers. The reports were great and we appreciate your working with us.
Thanks for all your help!