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. As per MRFR, the web scrapper software market is expected to reach USD 0.281 billion by 2022 from USD 1.012 billion in 2032 and is expected to grow at a CAGR of 15.3% during the forecast periods 2024–2032.
Everyone in today's competitive world is seeking for new ways to develop and utilize new technology. Web scraping (also known as web data extraction or data scraping) is a tool that allows users to obtain structured web data in an automatic manner. If the public website from which one needs data does not have an API, or if it has, but just allows restricted access to the data, web scraping might be beneficial. Web data extraction is another name for it. Pricing monitoring, price intelligence, news monitoring, lead creation, and market research are just a few of the numerous applications of web scraping. Web data extraction is utilized by people and enterprises who seek to make better decisions by utilizing the large amount of publicly available web data. This study on the global web scrapper software market provides detailed information on industry trends, market dynamics, market size, competitive landscape, and growth opportunities. This research report categorizes the global web scrapper software market by type, vertical, and region/country. The regions included in the study are North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. In terms of region, North America is anticipated to dominate the web scrapper software market during the study period.
Source: Industry Expert, Secondary Research, and MRFR Analysis
Covid-19 Analysis
The initial phase of the COVID-19 pandemic had a negative impact on the global economy, with economic activities coming to a standstill, which has gravely impacted sales and revenue generation for companies in the global web scraper software market. However, with time the global economy is slowly moving towards normalcy, and more companies are moving towards online platforms to market their products and increase sales, which is expected to result in positive growth for the global web scraper software market during the forecast period. The e-commerce sector also took a deep hit in the primary stages of the pandemic due to global lockdowns and disruptions in the supply chain. However, the e-commerce industry is now witnessing steady growth, primarily because the global population is increasingly opting to purchase products online without traveling outside. Moreover, due to the current global situation, numerous companies are increasing their focus on the e-commerce sector to generate sales and revenue. Small and medium-sized enterprises are increasingly focusing on using various online tools for lead generation and sales. Hence, the e-commerce sector is expected to register a notable growth in demand for web scraper software as the effect of the pandemic is gradually decreasing.
Market Dynamics
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. However, the availability of free tools is expected to hamper the growth of the market.
Globally, the e-commerce sector is has grown tremendously in the last decade and is expected to register a significant growth rate during the study period. The increasing use of smartphones and the Internet in developing countries has further propelled the growth of the sector in recent years. Many new companies are only running on the Internet as it reduces the cost of operations, enabling them to use the available funds for product development. The e-commerce sector has substantially improved consumer experience, as it allows them to avail products and services from the comfort of their home. To effectively market a product, the companies need to process large amounts of data to understand the various factors, which influence a consumer’s decision. However, most companies have limited resources and cannot invest many hours in data collection. Hence, an increasing number of companies in the e-commerce sector are investing in purchasing web scraping software with different configurations to better understand the marketplace. Thus, the increasing demand from the e-commerce sector is expected to drive the growth of the global web scraper software market during the forecast period.
Companies are highly dependent on lead generation to gain a larger market share and a greater client base in today's competitive market. Traditional lead generation techniques are not adequate in an increasingly competitive market. Several companies are availing technologies and services from different companies to enhance their lead generation process and, eventually, sales. The development of web scrapping software is costly and time-consuming, and hence many companies refrain from investing in the development of in-house web scraping software. Furthermore, as the number of companies in the e-commerce sector grows, the demand for outsourcing web scraping services is also expected to grow substantially, primarily as the majority of the companies in the e-commerce platform are small and medium-sized enterprises. Thus, the growing need for outsourcing lead generation services is expected to create a lucrative opportunity for the players operating in the global web scraping software market during the forecast period.
Most companies operating in the global web scrapping software market offer their products free of charge for a limited trial period with limited features. Many companies have also started offering the product for free due to the high competition. Furthermore, many client companies refrain from investing in the tool to reduce their operational costs. Most clients in the global web scrapping software market are primarily small or medium-sized enterprises, which further declines the availability of financial resources to invest in paid software and use free tools. Due to the availability of several software providers, numerous clients tend to switch service providers after the trial period is over. Additionally, most companies do not require payment information during the free trial period. Thus, the availability of free tools is expected to restrain the growth of the global web scrapping software market during the forecast period.
Market Segmentation
The global Web Scrapper Software market has been segmented on the basis of type and vertical.
Based on type, global web scrapper software market is bifurcated into general-purpose web crawlers, focused web crawlers, incremental web crawlers and deep web crawlers.
Based on vertical, the global web scrapper software market has been segmented into retail and e-commerce, advertising and media, real estate, finance, automotive, and others.
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.
GLOBAL: WEB SCRAPPER SOFTWARE MARKET, BY REGION, 2020 (% SHARE)Source: Industry Expert, Secondary Research, and MRFR Analysis
North America is followed by Europe, which occupied around 28.1% market share in 2020. Asia-Pacific is considered to be the fastest-growing market. Asia-Pacific is the fastest-growing market with the highest CAGR of 14.17% during the forecast period.
Competitive Landscape
The global market for web scrapper software has witnessed significant growth over the forecast period due to the increasing adoption of web scrapper software in the retail and e-commerce segment. There are several domestic, regional, and global players operating in the web scrapper software market who continuously strive to gain a significant share of the overall market.
Key Players
These players focus on innovation and thus, invest in research & development to present a cost-effective product portfolio. There have been recent mergers and acquisitions among the key players, a strategy the business entities leverage to strengthen their reach to the customers.
Recent Developments
Report Overview
This study estimates revenue growth at global, regional, and country levels and offers an overview of the latest developments in each of the sub-sectors from 2018 to 2027. For this analysis, MRFR segmented the global web scrapper software market has been segmented based on component, application, end use.
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