Web Scrapper Software Market is Projected to Grow at a CAGR of 15.3% during the Forecast Period: MRFR

Market Research Future has published a Cooked Research Report on the Global Web Scrapper Software Market.

The Web Scrapper Software market is predicted to reach USD 1.012 billion by 2032, registering a 15.3% CAGR during the forecast period, 2022–2032. In this report, Market Research Future (MRFR) includes the segmentation and dynamics of the market to offer a better glimpse of the market in the next few years.

The global web scraper software market is expected to witness substantial growth during the forecast period, primarily due to the increasing demand from the e-commerce sector. Furthermore, many small and medium-size companies are looking to outsource their lead generation requirements, which is expected to create a growth opportunity for players in the global web scraping software market.

Segmental Analysis

The global Web Scrapper Software market has been segmented on the basis of type and vertical.

The global web scrapper software market, by type, is bifurcated into general-purpose web crawlers, focused web crawlers, incremental web crawlers and deep web crawler. Web scraping tools come with different features and prices. Various enterprises extensively use these tools for better decision-making. Various tools of different types are available in the market, largely based on the way they function/extract data. The general-purpose web crawlers are used for basic level extraction of data from across the web. General-purpose web crawlers are often used for basic research about pricing, products, laws and regulations, industry functioning, etc. A focused crawler is subject-specific and aims selectively to collect web pages relevant to a given topic. A focused web crawler is a hypertext system that seeks, acquires, indexes, and maintains pages on specific topics that represent a relatively narrow segment of the web. Each focused web crawler will be far quicker in detecting changes to pages within its focus than a crawler crawling the entire web. Crawling the deep web is the process of collecting hidden data by issuing queries through various search interfaces and storing the results into a local database. It focuses on crawling the whole web database at one time. A significant volume of data is still out of reach for conventional search engines, somewhere known as the deep web or invisible web.

The global web scraper software market is categorized based on various verticals where it is extensively used. These verticals include retail and e-commerce, advertising and media, real estate, finance, automotive, and others. The market share of the retail and e-commerce segment is expected to have the largest market share and the highest CAGR during the forecast period The retail and e-commerce segment accounted for the largest market share of 23.6% in 2020, with a market value of USD 106.6 million; it is expected to register the highest CAGR of 14.53% during the forecast period. E-commerce and retail companies use web scraping to collect competitors’ information, such as monitoring the competitors’ prices and title attributes, which can help build strategies to succeed against competitors. They also collect product reviews for sentiment analysis, from which they get to know the shortcomings of their products and help them in adjustment and refinement. Furthermore, reviews are very important for E-commerce start-ups, as they can use web scraping to collect reviewers’ information for better decision making.

Competitive Analysis

In this study, MRFR has analyzed major players such as Phantom Buster, Pilotfish, Mozenda Inc., Hangzhou Duosuan Technology Co. Ltd., Sysnucleus, Parsehub, Octopus Data Inc., Uipath, Newprosoft, Import.io, Diffbot, Apify, Sequentum, Dexi.io and Datahut that have contributed a significant share to the growth of the global web scrapper software market. Among these major players, UiPath, Import.io, Mozenda, Inc., Octupus Data Inc., and ParseHub are the major players in the global web scrapper software market.

Regional Analysis

The global Web Scrapper Software market, by region is divided into North America, South America, the Middle East & Africa, Europe, and Asia-Pacific. The market is led by North America, which occupied a 39.8% market share in 2020. The technological advancements, high demand from retail and e-commerce as well as advertising and media vertical are the factors which expected to drive the market in North America in the coming years. North America is followed by Europe, which occupied around 28.1% market share in 2020. Asia-Pacific is the fastest-growing market with the highest CAGR of 14.17% during the forecast period.