Market Forecast By Platform (Self-service data prep, Data integration), By Tool (Data curation, Data cataloging, Data quality, Data ingestion, Data governance), By Deployment (On-premises, Hosted/On-cloud), By Vertical (Banking, Financial Services, and Insurance (BFSI), Government, Healthcare, Retail and eCommerce, Manufacturing, Energy and utilities, Transportation, Others) And Competitive Landscape
Product Code: ETC4401447 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Malaysia Data Prep Market report thoroughly covers the market By Platform, By Tool, By Deployment, and By Vertical. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Malaysia Data Prep Market is growing at a steady pace mainly due to increasing adoption of big data analytics, the growing number of small and medium-sized enterprises (SMEs), and the need for data processing.
According to 6Wresearch, the Malaysia Data Prep Market size is expected to grow rapidly at a CAGR of 3.23% during the forecast period of 2025-2031. The market growth is primarily driven by the increased adoption of data analytics in Industry 4.0. The government's initiative to transform Malaysia into a high-income economy by 2025 through digitalization is also a significant driver of the data analytics and preparation market. Additionally, the emergence of big data and internet-of-things devices has led to an explosion in data, necessitating the need to prepare data for analysis. In Malaysia, the data preparation market is characterized by the growing adoption of self-service data preparation tools and the emergence of data preparation automation tools. The self-service data preparation market, which allows business users to prepare data without IT intervention, is fast gaining popularity due to its ease of use and flexibility. The emergence of automated data preparation tools, which apply machine learning algorithms to automatically prepare data, has also gained traction. Despite the increasing demand for data preparation solutions, the market still faces some challenges. The primary challenge is the lack of skilled workforce equipped with data preparation skills. The need for data analysts and data scientists equipped with advanced data preparation skills is in high demand, making upskilling the existing workforce a key priority. Other challenges include data quality and integration issues.
The government has introduced several policies and schemes to support the Malaysia Data Prep Market Growth. One of these initiatives is the National Big Data Analytics (BDA) Initiative that aims to develop the country's big data ecosystem. The initiative focuses on three key areas: talent development, infrastructure, and business ecosystem. The government has also established the Malaysia Open Data Initiative in line with their commitment to transparency and open data policies. Additionally, Malaysia's Digital Economy Corporation (MDEC) has introduced the Data Star programme, which offers funding and support to data-driven startups. The programme aims to create a vibrant startup ecosystem and give entrepreneurs access to key resources, including mentoring, networking, and training.
There are several key players in Malaysia data prep market. One of the most significant players is Lynx Analytics, a data solutions company that provides data analytics and data visualization services to various industries such as finance, healthcare, and marketing. Other significant players in the industry include Start, Flipter Technology, and Intellicap. These companies offer a wide range of data prep services, including data modeling and preparation, exploring data insights, data analytics, and other related services.
In recent years, Malaysia data prep market has experienced significant growth, driven by the increasing demand for data analytics and big data management. The government's initiatives and funding have boosted investment in the sector and attracted new entrants into the market. Many experts believe that the Malaysia Data Prep Industry will continue to grow exponentially over the next decade, driven by advancements in AI, machine learning, and big data.
According to Mohit, Senior Research Analyst, 6Wresearch, the self-service data prep is currently leading the market in terms of revenue. The growing demand for self-service tools is driven by the need for companies to democratize data access and empower business users.
By Tool, data curation and data governance are the most popular tools used by organizations. Data curation tools are used to identify and transform data from multiple sources into a unified dataset that can be analyzed. On the other hand, data governance tools are used to manage the internal policies, procedures, and roles necessary to ensure effective data management.
By Deployment, Hosted/on-cloud deployments dominating the Malaysia Data Prep Market Share as they provide greater flexibility, scalability, and cost-effectiveness.
By Vertical, the BFSI sector is the largest consumer of data preparation tools and platforms as these organizations deal with a lot of sensitive data and must ensure that their data is accurate, reliable, and secure always.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Data Prep Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Data Prep Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Data Prep Market - Industry Life Cycle |
3.4 Malaysia Data Prep Market - Porter's Five Forces |
3.5 Malaysia Data Prep Market Revenues & Volume Share, By Platform , 2021 & 2031F |
3.6 Malaysia Data Prep Market Revenues & Volume Share, By Tool, 2021 & 2031F |
3.7 Malaysia Data Prep Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.8 Malaysia Data Prep Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
4 Malaysia Data Prep Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of big data analytics in Malaysia |
4.2.2 Growing demand for data-driven decision-making in businesses |
4.2.3 Rise in awareness about the benefits of data preparation tools in improving data quality and accuracy |
4.3 Market Restraints |
4.3.1 Lack of skilled professionals in data preparation and analytics |
4.3.2 Concerns regarding data privacy and security |
4.3.3 Limited awareness and understanding of data preparation tools among small and medium enterprises (SMEs) in Malaysia |
5 Malaysia Data Prep Market Trends |
6 Malaysia Data Prep Market, By Types |
6.1 Malaysia Data Prep Market, By Platform |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Data Prep Market Revenues & Volume, By Platform , 2021-2031F |
6.1.3 Malaysia Data Prep Market Revenues & Volume, By Self-service data prep, 2021-2031F |
6.1.4 Malaysia Data Prep Market Revenues & Volume, By Data integration, 2021-2031F |
6.2 Malaysia Data Prep Market, By Tool |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Data Prep Market Revenues & Volume, By Data curation, 2021-2031F |
6.2.3 Malaysia Data Prep Market Revenues & Volume, By Data cataloging, 2021-2031F |
6.2.4 Malaysia Data Prep Market Revenues & Volume, By Data quality, 2021-2031F |
6.2.5 Malaysia Data Prep Market Revenues & Volume, By Data ingestion, 2021-2031F |
6.2.6 Malaysia Data Prep Market Revenues & Volume, By Data governance, 2021-2031F |
6.3 Malaysia Data Prep Market, By Deployment |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Data Prep Market Revenues & Volume, By On-premises, 2021-2031F |
6.3.3 Malaysia Data Prep Market Revenues & Volume, By Hosted/On-cloud, 2021-2031F |
6.4 Malaysia Data Prep Market, By Vertical |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Data Prep Market Revenues & Volume, By Banking, Financial Services, and Insurance (BFSI), 2021-2031F |
6.4.3 Malaysia Data Prep Market Revenues & Volume, By Government, 2021-2031F |
6.4.4 Malaysia Data Prep Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 Malaysia Data Prep Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.4.6 Malaysia Data Prep Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.7 Malaysia Data Prep Market Revenues & Volume, By Energy and utilities, 2021-2031F |
6.4.8 Malaysia Data Prep Market Revenues & Volume, By Others, 2021-2031F |
6.4.9 Malaysia Data Prep Market Revenues & Volume, By Others, 2021-2031F |
7 Malaysia Data Prep Market Import-Export Trade Statistics |
7.1 Malaysia Data Prep Market Export to Major Countries |
7.2 Malaysia Data Prep Market Imports from Major Countries |
8 Malaysia Data Prep Market Key Performance Indicators |
8.1 Percentage increase in the number of companies investing in data preparation tools annually |
8.2 Average time taken to clean and prepare data before analysis |
8.3 Number of data preparation tool vendors entering the Malaysian market annually |
9 Malaysia Data Prep Market - Opportunity Assessment |
9.1 Malaysia Data Prep Market Opportunity Assessment, By Platform , 2021 & 2031F |
9.2 Malaysia Data Prep Market Opportunity Assessment, By Tool, 2021 & 2031F |
9.3 Malaysia Data Prep Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.4 Malaysia Data Prep Market Opportunity Assessment, By Vertical, 2021 & 2031F |
10 Malaysia Data Prep Market - Competitive Landscape |
10.1 Malaysia Data Prep Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Data Prep Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |