The graph shows the changes in the impact factor of ^ and its corresponding percentile for the sake of comparison with the entire literature. Impact Factor is the most common scientometric index, which is defined by the number of citations of papers in two preceding years divided by the number of papers published in those years.

Title: Identifying Factors that Affect Entrepreneurs’ Use of Data Mining for Analytics Authors: Edward Matthew Dominica, Feylin Wijaya, Andrew Giovanni Winoto, Christian Conference: The 4th International Conference on Electrical, Computer, Communications, and Mechatronics Engineering https://www.iceccme.com/home

This dataset was created to support research focused on understanding the factors influencing entrepreneurs’ adoption of data mining techniques for business analytics. The dataset contains carefully curated data points that reflect entrepreneurial behaviors, decision-making criteria, and the role of data mining in enhancing business insights.

Researchers and practitioners can leverage this dataset to explore patterns, conduct statistical analyses, and build predictive models to gain a deeper understanding of entrepreneurial adoption of data mining.

Intended Use: This dataset is designed for research and academic purposes, especially in the fields of business analytics, entrepreneurship, and data mining. It is suitable for conducting exploratory data analysis, hypothesis testing, and model development.

Citation: If you use this dataset in your research or publication, please cite the paper presented at the ICECCME 2024 conference using the following format: Edward Matthew Dominica, Feylin Wijaya, Andrew Giovanni Winoto, Christian. Identifying Factors that Affect Entrepreneurs’ Use of Data Mining for Analytics. The 4th International Conference on Electrical, Computer, Communications, and Mechatronics Engineering (2024).

Data Mining Tools Market Outlook

According to our latest research, the global Data Mining Tools market size reached USD 1.93 billion in 2024, reflecting robust industry momentum. The market is expected to grow at a CAGR of 12.7% from 2025 to 2033, reaching a projected value of USD 5.69 billion by 2033. This growth is primarily driven by the increasing adoption of advanced analytics across diverse industries, rapid digital transformation, and the necessity for actionable insights from massive data volumes.

One of the pivotal growth factors propelling the Data Mining Tools market is the exponential rise in data generation, particularly through digital channels, IoT devices, and enterprise applications. Organizations across sectors are leveraging data mining tools to extract meaningful patterns, trends, and correlations from structured and unstructured data. The need for improved decision-making, operational efficiency, and competitive advantage has made data mining an essential component of modern business strategies. Furthermore, advancements in artificial intelligence and machine learning are enhancing the capabilities of these tools, enabling predictive analytics, anomaly detection, and automation of complex analytical tasks, which further fuels market expansion.

Another significant driver is the growing demand for customer-centric solutions in industries such as retail, BFSI, and healthcare. Data mining tools are increasingly being used for customer relationship management, targeted marketing, fraud detection, and risk management. By analyzing customer behavior and preferences, organizations can personalize their offerings, optimize marketing campaigns, and mitigate risks. The integration of data mining tools with cloud platforms and big data technologies has also simplified deployment and scalability, making these solutions accessible to small and medium-sized enterprises (SMEs) as well as large organizations. This democratization of advanced analytics is creating new growth avenues for vendors and service providers.

The regulatory landscape and the increasing emphasis on data privacy and security are also shaping the development and adoption of Data Mining Tools. Compliance with frameworks such as GDPR, HIPAA, and CCPA necessitates robust data governance and transparent analytics processes. Vendors are responding by incorporating features like data masking, encryption, and audit trails into their solutions, thereby enhancing trust and adoption among regulated industries. Additionally, the emergence of industry-specific data mining applications, such as fraud detection in BFSI and predictive diagnostics in healthcare, is expanding the addressable market and fostering innovation.

From a regional perspective, North America currently dominates the Data Mining Tools market owing to the early adoption of advanced analytics, strong presence of leading technology vendors, and high investments in digital transformation. However, the Asia Pacific region is emerging as a lucrative market, driven by rapid industrialization, expansion of IT infrastructure, and growing awareness of data-driven decision-making in countries like China, India, and Japan. Europe, with its focus on data privacy and digital innovation, also represents a significant market share, while Latin America and the Middle East & Africa are witnessing steady growth as organizations in these regions modernize their operations and adopt cloud-based analytics solutions.

Component Analysis

The Component segment of the Data Mining Tools market is bifurcated into Software and Services. Software remains the dominant segment, accounting for the majority of the market share in 2024. This dominance is attributed to the continuous evolution of data mining algorithms, the proliferation of user-friendly graphical interfaces, and the integration of advanced analytics capabilities such as machine learning, artificial intelligence, and natural language pro

Data Mining Tools Market size was valued at USD 915.42 Million in 2024 and is projected to reach USD 2171.21 Million by 2032, growing at a CAGR of 11.40% from 2026 to 2032.• Big Data Explosion: Exponential growth in data generation from IoT devices, social media, mobile applications, and digital transactions is creating massive datasets requiring advanced mining tools for analysis. Organizations need sophisticated solutions to extract meaningful insights from structured and unstructured data sources for competitive advantage.• Digital Transformation Initiatives: Accelerating digital transformation across industries is driving demand for data mining tools that enable data-driven decision making and business intelligence. Companies are investing in analytics capabilities to optimize operations, improve customer experiences, and develop new revenue streams through data monetization strategies.

Dataset

This dataset was created by liyanonline

Contents

The Data Mining Tools Market is expected to be valued at $1.24 billion in 2024, with an anticipated expansion at a CAGR of 11.63% to reach $3.73 billion by 2034.

According to Cognitive Market Research, the global Data Mining Software market size will be USD XX million in 2025. It will expand at a compound annual growth rate (CAGR) of XX% from 2025 to 2031.

North America held the major market share for more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Europe accounted for a market share of over XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Asia Pacific held a market share of around XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Latin America had a market share of more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. Middle East and Africa had a market share of around XX% of the global revenue and was estimated at a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2031. KEY DRIVERS

Increasing Focus on Customer Satisfaction to Drive Data Mining Software Market Growth

In today’s hyper-competitive and digitally connected marketplace, customer satisfaction has emerged as a critical factor for business sustainability and growth. The growing focus on enhancing customer satisfaction is proving to be a significant driver in the expansion of the data mining software market. Organizations are increasingly leveraging data mining tools to sift through vast volumes of customer data—ranging from transactional records and website activity to social media engagement and call center logs—to uncover insights that directly influence customer experience strategies. Data mining software empowers companies to analyze customer behavior patterns, identify dissatisfaction triggers, and predict future preferences. Through techniques such as classification, clustering, and association rule mining, businesses can break down large datasets to understand what customers want, what they are likely to purchase next, and how they feel about the brand. These insights not only help in refining customer service but also in shaping product development, pricing strategies, and promotional campaigns. For instance, Netflix uses data mining to recommend personalized content by analyzing a user's viewing history, ratings, and preferences. This has led to increased user engagement and retention, highlighting how a deep understanding of customer preferences—made possible through data mining—can translate into competitive advantage. Moreover, companies are increasingly using these tools to create highly targeted and customer-specific marketing campaigns. By mining data from e-commerce transactions, browsing behavior, and demographic profiles, brands can tailor their offerings and communications to suit individual customer segments. For Instance Amazon continuously mines customer purchasing and browsing data to deliver personalized product recommendations, tailored promotions, and timely follow-ups. This not only enhances customer satisfaction but also significantly boosts conversion rates and average order value. According to a report by McKinsey, personalization can deliver five to eight times the ROI on marketing spend and lift sales by 10% or more—a powerful incentive for companies to adopt data mining software as part of their customer experience toolkit. (Source: https://www.mckinsey.com/capabilities/growth-marketing-and-sales/our-insights/personalizing-at-scale#/) The utility of data mining tools extends beyond e-commerce and streaming platforms. In the banking and financial services industry, for example, institutions use data mining to analyze customer feedback, call center transcripts, and usage data to detect pain points and improve service delivery. Bank of America, for instance, utilizes data mining and predictive analytics to monitor customer interactions and provide proactive service suggestions or fraud alerts, significantly improving user satisfaction and trust. (Source: https://futuredigitalfinance.wbresearch.com/blog/bank-of-americas-erica-client-interactions-future-ai-in-banking) Similarly, telecom companies like Vodafone use data mining to understand customer churn behavior and implement retention strategies based on insights drawn from service usage patterns and complaint histories. In addition to p...

Explore the dynamic Data Mining Software market forecast (2025-2033) with a 12.5% CAGR. Uncover key drivers, restraints, and trends shaping analytics for large enterprises and SMEs.

These are artificially made beginner data mining datasets for learning purposes.

Case study:

• FEELS LIKE HOME is an interior design company, which has about 100 000 registered customers and provide services for more than 200 000 clients annually.
• The range of the products can be divided in 5 major classes: Decor accessories, Furniture, Textiles, Lighting and Art with an option to purchase Limited Edition versions for an extra charge. These goods can be distributed by 3 channels: Physical stores, yearly catalogs and the companies’ website.
• FEELS LIKE HOME has been doing a great job during recent years, achieving decent profits and revenues, but the future remains volatile. In order to solve the problem of instability the company is planning to launch new marketing program, especially to improve the accuracy of marketing campaigns.

The aim of FeelsLikeHome_Campaign dataset is to create project is in which you build a predictive model (using a sample of 2500 clients’ data) forecasting the highest profit from the next marketing campaign, which will indicate the customers who will be the most likely to accept the offer.

The aim of FeelsLikeHome_Cluster dataset is to create project in which you split company’s customer base on homogenous clusters (using 5000 clients’ data) and propose draft marketing strategies for these groups based on customer behavior and information about their profile.

FeelsLikeHome_Score dataset can be used to calculate total profit from marketing campaign and for producing a list of sorted customers by the probability of the dependent variable in predictive model problem.

Qualitative data gathered from interviews that were conducted with case organisations. The data is analysed using a qualitative data analysis tool (AtlasTi) to code and generate network diagrams. Software such as Atlas.ti 8 Windows will be a great advantage to use in order to view these results. Interviews were conducted with four case organisations. The details of the responses from the respondents from case organisations are captured. The data gathered during the interview sessions is captured in a tabular form and graphs were also created to identify trends. Also in this study is desktop review of the case organisations that formed part of the study. The desktop study was done using published annual reports over a period of more than seven years. The analysis was done given the scope of the project and its constructs.

Dataset

This dataset was created by Oscar NG

Released under CC0: Public Domain

Contents

Nearly two thirds of surveyed top managers of large companies operating in Russia viewed process mining as useful for purchasing, in 2021. Furthermore, over ** percent of respondents saw the technology's potential in improving the customer journey map and IT processes.

This data set belongs to the paper "Video-to-Model: Unsupervised Trace Extraction from Videos for Process Discovery and Conformance Checking in Manual Assembly", submitted on March 24, 2020, to the 18th International Conference on Business Process Management (BPM).Abstract: Manual activities are often hidden deep down in discrete manufacturing processes. For the elicitation and optimization of process behavior, complete information about the execution of Manual activities are required. Thus, an approach is presented on how execution level information can be extracted from videos in manual assembly. The goal is the generation of a log that can be used in state-of-the-art process mining tools. The test bed for the system was lightweight and scalable consisting of an assembly workstation equipped with a single RGB camera recording only the hand movements of the worker from top. A neural network based real-time object classifier was trained to detect the worker’s hands. The hand detector delivers the input for an algorithm, which generates trajectories reflecting the movement paths of the hands. Those trajectories are automatically assigned to work steps using the position of material boxes on the assembly shelf as reference points and hierarchical clustering of similar behaviors with dynamic time warping. The system has been evaluated in a task-based study with ten participants in a laboratory, but under realistic conditions. The generated logs have been loaded into the process mining toolkit ProM to discover the underlying process model and to detect deviations from both, instructions and ground truth, using conformance checking. The results show that process mining delivers insights about the assembly process and the system’s precision.The data set contains the generated and the annotated logs based on the video material gathered during the user study. In addition, the petri nets from the process discovery and conformance checking conducted with ProM (http://www.promtools.org) and the reference nets modeled with Yasper (http://www.yasper.org/) are provided.

Data Mining Software Market Outlook

According to our latest research, the global Data Mining Software market size in 2024 stands at USD 12.7 billion. This market is experiencing robust expansion, driven by the growing demand for actionable insights across industries, and is expected to reach USD 38.1 billion by 2033, registering a remarkable CAGR of 13.1% during the forecast period. The proliferation of big data, increasing adoption of artificial intelligence, and the need for advanced analytics are the primary growth factors propelling the market forward.

The accelerating digitization across sectors is a key factor fueling the growth of the Data Mining Software market. Organizations are generating and collecting vast amounts of data at unprecedented rates, requiring sophisticated tools to extract meaningful patterns and actionable intelligence. The rise of Internet of Things (IoT) devices, social media platforms, and connected infrastructure has further intensified the need for robust data mining solutions. Businesses are leveraging data mining software to enhance decision-making, optimize operations, and gain a competitive edge. The integration of machine learning and artificial intelligence algorithms into data mining tools is enabling organizations to automate complex analytical tasks, uncover hidden trends, and predict future outcomes with greater accuracy. As enterprises continue to recognize the value of data-driven strategies, the demand for advanced data mining software is poised for sustained growth.

Another significant factor contributing to the market’s expansion is the increasing regulatory pressure on data management and security. Regulatory frameworks such as GDPR, HIPAA, and CCPA are compelling organizations to adopt comprehensive data management practices, which include advanced data mining software for compliance monitoring and risk assessment. These regulations are driving investments in software that can efficiently process, analyze, and secure large data sets while ensuring transparency and accountability. Additionally, the surge in cyber threats and data breaches has heightened the importance of robust analytics solutions for anomaly detection, fraud prevention, and real-time threat intelligence. As a result, sectors such as BFSI, healthcare, and government are prioritizing the deployment of data mining solutions to safeguard sensitive information and maintain regulatory compliance.

The growing emphasis on customer-centric strategies is also playing a pivotal role in the expansion of the Data Mining Software market. Organizations across retail, telecommunications, and financial services are utilizing data mining tools to personalize customer experiences, enhance marketing campaigns, and improve customer retention rates. By analyzing customer behavior, preferences, and feedback, businesses can tailor their offerings and communication strategies to meet evolving consumer demands. The ability to derive granular insights from vast customer data sets enables companies to innovate rapidly and stay ahead of market trends. Furthermore, the integration of data mining with customer relationship management (CRM) and enterprise resource planning (ERP) systems is streamlining business processes and fostering a culture of data-driven decision-making.

From a regional perspective, North America currently dominates the Data Mining Software market, supported by a mature technological infrastructure, high adoption of cloud-based analytics, and a strong presence of leading software vendors. Europe follows closely, driven by stringent data privacy regulations and increasing investments in digital transformation initiatives. The Asia Pacific region is emerging as a high-growth market, fueled by rapid industrialization, expanding IT sectors, and the proliferation of digital services across economies such as China, India, and Japan. Latin America and the Middle East & Africa are also witnessing increasing adoption, particularly in sectors like banking, telecommunications, and government, as organizations seek to harness the power of data for strategic growth.

Question Paper Solutions of chapter Data Warehousing and Data Mining of Management Information System, 2nd Semester , Master of Business Administration (2023-24)

The global market for Business Analysis Tools and Software is experiencing robust growth, driven by the increasing need for data-driven decision-making across diverse industries. The market's expansion is fueled by several key factors, including the rising adoption of cloud-based solutions offering scalability and accessibility, the growing prevalence of big data requiring sophisticated analytical capabilities, and the increasing demand for improved operational efficiency and enhanced business intelligence. The competitive landscape is highly fragmented, with a mix of established players like IBM, SAP, and Oracle, alongside emerging innovative companies like Alteryx and ThoughtSpot. This competition fosters innovation and drives the development of more advanced features, such as predictive analytics, AI-powered insights, and integrated data visualization dashboards. The market is segmented by deployment (cloud, on-premise), functionality (data mining, predictive modeling, reporting & analytics), and industry verticals (finance, healthcare, retail). The overall market demonstrates a significant opportunity for growth, particularly in regions with burgeoning digital economies and a growing emphasis on data-driven strategies. While precise market figures are unavailable, based on observed industry trends and the involvement of major technology corporations, a reasonable estimate for the 2025 market size could be in the range of $50 billion. Assuming a conservative Compound Annual Growth Rate (CAGR) of 12% over the forecast period (2025-2033), the market is projected to exceed $150 billion by 2033. However, this projection is subject to fluctuations based on economic conditions, technological advancements, and evolving regulatory landscapes. Key restraints include the high initial investment costs associated with implementing sophisticated business analysis solutions and the need for skilled professionals to effectively manage and interpret the generated insights. The successful adoption of these tools will depend heavily on effective integration with existing IT infrastructure and the successful training and upskilling of the workforce.

Distributed data mining from privacy-sensitive multi-party data is likely to play an important role in the next generation of integrated vehicle health monitoring systems. For example, consider an airline manufacturer [tex]$\mathcal{C}$[/tex] manufacturing an aircraft model [tex]$A$[/tex] and selling it to five different airline operating companies [tex]$\mathcal{V}_1 \dots \mathcal{V}_5$[/tex]. These aircrafts, during their operation, generate huge amount of data. Mining this data can reveal useful information regarding the health and operability of the aircraft which can be useful for disaster management and prediction of efficient operating regimes. Now if the manufacturer [tex]$\mathcal{C}$[/tex] wants to analyze the performance data collected from different aircrafts of model-type [tex]$A$[/tex] belonging to different airlines then central collection of data for subsequent analysis may not be an option. It should be noted that the result of this analysis may be statistically more significant if the data for aircraft model [tex]$A$[/tex] across all companies were available to [tex]$\mathcal{C}$[/tex]. The potential problems arising out of such a data mining scenario are:

Discover the explosive growth of the Data Mining Tools market, projected to reach $1 Billion+ by 2033. This in-depth analysis reveals key market drivers, trends, and regional insights, featuring leading companies like IBM, SAS, and Oracle. Explore cloud-based solutions, AI integration, and application segments driving this lucrative market.

Business intelligence and analytics software publishers' revenue is expected to swell at a compound annual rate of 1.7% over the five years through 2025-26 to reach £964.5 million. Strong growth has been fuelled by rising business software investment, IT and telecommunications adoption, advances in computing technology and the digitalisation of business processes. This has driven the advent of big data, providing new data sets which can interface with business analytics software. Many software products, including customer relationship management and enterprise resource planning systems, have become basic tools for managing large companies. The largest publishers have pursued acquisition activity to take control of cloud companies and data analytics businesses. These industry giants are generally selective with acquisitions, embracing the switch to software as a service and adopting the low-cost cloud model. Leading BI suites, LIKE Tableau, SAP Analytics Cloud, Qlik Sense and IBM’s Cognos Analytics, have all transformed to provide real-time KPI dashboards and robust remote management capabilities, supporting decentralised operations. Intensified merger and acquisition activity, particularly by SAP, has allowed major software publishers to rapidly enhance product ecosystems with niche digital adoption and enterprise architecture tools, further cementing their dominance and spurring innovation. As remote work became the new norm and businesses faced the necessity of managing expansive data sets efficiently, they turned to analytics software. Despite fiscal stresses, companies continued investing in software subscriptions, recognising the indispensable use of applications in a remote work environment. As such, subscriptions and sales of cloud-based software witnessed noticeable growth. Revenue is forecast to climb by 1.7% in 2025-26, with profit also expected to edge up as demand remains strong. Over the five years through 2030-31, revenue is expected to climb at a compound annual rate of 3% to reach £1.1 billion. Heightened adoption of industry-specific software among small and medium-size enterprises (SMEs) is projected to fuel growth. Ongoing e-commerce expansion, which has seen the online share of retail sales climb steadily, will keep demand for BI and analytics tools rising as retailers and supply chains seek deeper insights into customer behaviour and operational efficiencies. Cloud adoption will remain central, with hybrid and distributed models expected to persist, yet competition from cloud infrastructure giants like Amazon Web Services is likely to intensify. Investment in artificial intelligence and machine learning is anticipated to accelerate, with publishers needing to embed AI-driven analytics and automation to stay competitive, bolstered by the UK’s substantial public and private AI investment. However, talent shortages and heightened corporation tax could dampen growth, particularly for smaller publishers struggling to absorb higher costs or secure skilled staff. The industry's resilience will hinge on strategic upskilling, smart automation and continued innovation, ensuring UK BI and analytics software remains at the forefront of enterprise digital transformation.