Web Scraping Software Market Size, Top Key Players, Latest Trends, Regional Insights and Global Industry Dynamics By 2031

Web Scraping Software are the data extraction software used to extract structured as well as unstructured data from web pages. The software enables to extract real-time data from scraping online sources from all over the world into various, clean formats. It supports collecting data from websites that use AJAX technologies, JavaScript, cookies and etc.
The software leverage machine learning technology to read, analyze and transform web documents into relevant data. The extracted data from web sources includes, but not limited to social media, e-commerce, marketing, real estate listing and many others. The rise in adoption of web scraping software from business owners and enterprises would propel the growth of web scraping software market.
Impact of COVID-19 Pandemic Outbreak on Web Scraping Software Market
The coronavirus pandemic has been the one of the biggest change maker in recent decades. COVID-19 has drastically altered the economy and made the business environment more competitive than ever. Integrating web scraping can be the important choice that ensures a business survives to the next level.
The tool offers better insights on gathered data and can increase profitability and success on an increasingly competitive business landscape. The tool gathers COVID-19 information and culminate it into a more accessible format.
The web scraping software market is expected to grow by nearly 2% – 4% in Q1-Q3 2020 and is projected to show increased growth post-coronavirus, as the importance of data gathered from various web sources is continuously increasing. Web scraping is rapidly becoming the essential tool needed to stay competitive in the post-COVID-19 business environment.
Web Scraping Software Market: – Market Dynamics
Rise in Adoption of Web Scraping Software in Retail and Manufacturing Sector
Analyzing data is integral to eCommerce, retail and manufacturing success. Web scraping software has numerous applications in retail and manufacturing sector, including competitor price monitoring to keep track on changing competitors’ pricing strategies, monitor compliances by manufacturing sectors to keep an eye on retailers as to whether they comply with the minimum price or not, fetching images and product descriptions from different manufacturers, monitor consumer sentiment and among others.
Web scraping software is becoming a crucial part for eCommerce businesses in gaining rich insights to help them develop better strategies to compete against their competitors while saving time and money. The rise in adoption of web scraping software from retail and manufacturing sectors would drive the growth of market in coming years.
Regional Overview: North America to hold Largest Market Share in Web Scraping Software Market.
North America region is the largest market in terms of market share in the global web scraper software market, mainly due to the presence of large enterprises in the country that make use of web scraper software to transform web information into actionable insights. This offers high-quality structured data to improve business strategies and enable intelligent decision making.
South Asia & Pacific is expected to be the third largest region in the global web scraping software market, comprises countries such as India, Indonesia, Malaysia and others. The major driving factors behind the significant growth are increasing demand from the e-commerce sector and rise in adoption of managed web scraping services.
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