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The global data mining software market size was valued at USD 7.2 billion in 2023 and is projected to reach USD 15.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period. This growth is driven primarily by the increasing adoption of big data analytics and the rising demand for business intelligence across various industries. As businesses increasingly recognize the value of data-driven decision-making, the market is expected to witness substantial growth.
One of the significant growth factors for the data mining software market is the exponential increase in data generation. With the proliferation of internet-enabled devices and the rapid advancement of technologies such as the Internet of Things (IoT), there is a massive influx of data. Organizations are now more focused than ever on harnessing this data to gain insights, improve operations, and create a competitive advantage. This has led to a surge in demand for advanced data mining tools that can process and analyze large datasets efficiently.
Another driving force is the growing need for personalized customer experiences. In industries such as retail, healthcare, and BFSI, understanding customer behavior and preferences is crucial. Data mining software enables organizations to analyze customer data, segment their audience, and deliver personalized offerings, ultimately enhancing customer satisfaction and loyalty. This drive towards personalization is further fueling the adoption of data mining solutions, contributing significantly to market growth.
The integration of artificial intelligence (AI) and machine learning (ML) technologies with data mining software is also a key growth factor. These advanced technologies enhance the capabilities of data mining tools by enabling them to learn from data patterns and make more accurate predictions. The convergence of AI and data mining is opening new avenues for businesses, allowing them to automate complex tasks, predict market trends, and make informed decisions more swiftly. The continuous advancements in AI and ML are expected to propel the data mining software market over the forecast period.
Regionally, North America holds a significant share of the data mining software market, driven by the presence of major technology companies and the early adoption of advanced analytics solutions. The Asia Pacific region is also expected to witness substantial growth due to the rapid digital transformation across various industries and the increasing investments in data infrastructure. Additionally, the growing awareness and implementation of data-driven strategies in emerging economies are contributing to the market expansion in this region.
Text Mining Software is becoming an integral part of the data mining landscape, offering unique capabilities to analyze unstructured data. As organizations generate vast amounts of textual data from various sources such as social media, emails, and customer feedback, the need for specialized tools to extract meaningful insights is growing. Text Mining Software enables businesses to process and analyze this data, uncovering patterns and trends that were previously hidden. This capability is particularly valuable in industries like marketing, customer service, and research, where understanding the nuances of language can lead to more informed decision-making. The integration of text mining with traditional data mining processes is enhancing the overall analytical capabilities of organizations, allowing them to derive comprehensive insights from both structured and unstructured data.
The data mining software market is segmented by components, which primarily include software and services. The software segment encompasses various types of data mining tools that are used for analyzing and extracting valuable insights from raw data. These tools are designed to handle large volumes of data and provide advanced functionalities such as predictive analytics, data visualization, and pattern recognition. The increasing demand for sophisticated data analysis tools is driving the growth of the software segment. Enterprises are investing in these tools to enhance their data processing capabilities and derive actionable insights.
Within the software segment, the emergence of cloud-based data mining solutions is a notable trend. Cloud-based solutions offer several advantages, including s
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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.
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Opal is Australia's national gemstone, however most significant opal discoveries were made in the early 1900's - more than 100 years ago - until recently. Currently there is no formal exploration model for opal, meaning there are no widely accepted concepts or methodologies available to suggest where new opal fields may be found. As a consequence opal mining in Australia is a cottage industry with the majority of opal exploration focused around old opal fields. The EarthByte Group has developed a new opal exploration methodology for the Great Artesian Basin. The work is based on the concept of applying “big data mining” approaches to data sets relevant for identifying regions that are prospective for opal. The group combined a multitude of geological and geophysical data sets that were jointly analysed to establish associations between particular features in the data with known opal mining sites. A “training set” of known opal localities (1036 opal mines) was assembled, using those localities, which were featured in published reports and on maps. The data used include rock types, soil type, regolith type, topography, radiometric data and a stack of digital palaeogeographic maps. The different data layers were analysed via spatio-temporal data mining combining the GPlates PaleoGIS software (www.gplates.org) with the Orange data mining software (orange.biolab.si) to produce the first opal prospectivity map for the Great Artesian Basin. One of the main results of the study is that the geological conditions favourable for opal were found to be related to a particular sequence of surface environments over geological time. These conditions involved alternating shallow seas and river systems followed by uplift and erosion. The approach reduces the entire area of the Great Artesian Basin to a mere 6% that is deemed to be prospective for opal exploration. The work is described in two companion papers in the Australian Journal of Earth Sciences and Computers and Geosciences.
Age-coded multi-layered geological datasets are becoming increasingly prevalent with the surge in open-access geodata, yet there are few methodologies for extracting geological information and knowledge from these data. We present a novel methodology, based on the open-source GPlates software in which age-coded digital palaeogeographic maps are used to “data-mine” spatio-temporal patterns related to the occurrence of Australian opal. Our aim is to test the concept that only a particular sequence of depositional/erosional environments may lead to conditions suitable for the formation of gem quality sedimentary opal. Time-varying geographic environment properties are extracted from a digital palaeogeographic dataset of the eastern Australian Great Artesian Basin (GAB) at 1036 opal localities. We obtain a total of 52 independent ordinal sequences sampling 19 time slices from the Early Cretaceous to the present-day. We find that 95% of the known opal deposits are tied to only 27 sequences all comprising fluvial and shallow marine depositional sequences followed by a prolonged phase of erosion. We then map the total area of the GAB that matches these 27 opal-specific sequences, resulting in an opal-prospective region of only about 10% of the total area of the basin. The key patterns underlying this association involve only a small number of key environmental transitions. We demonstrate that these key associations are generally absent at arbitrary locations in the basin. This new methodology allows for the simplification of a complex time-varying geological dataset into a single map view, enabling straightforward application for opal exploration and for future co-assessment with other datasets/geological criteria. This approach may help unravel the poorly understood opal formation process using an empirical spatio-temporal data-mining methodology and readily available datasets to aid hypothesis testing.
Andrew Merdith - EarthByte Research Group, School of Geosciences, The University of Sydney, Australia. ORCID: 0000-0002-7564-8149
Thomas Landgrebe - EarthByte Research Group, School of Geosciences, The University of Sydney, Australia
Adriana Dutkiewicz - EarthByte Research Group, School of Geosciences, The University of Sydney, Australia
R. Dietmar Müller - EarthByte Research Group, School of Geosciences, The University of Sydney, Australia. ORCID: 0000-0002-3334-5764
This collection contains geological data from Australia used for data mining in the publications Merdith et al. (2013) and Landgrebe et al. (2013). The resulting maps of opal prospectivity are also included.
Note: For details on the files included in this data collection, see “Description_of_Resources.txt”.
Note: For information on file formats and what programs to use to interact with various file formats, see “File_Formats_and_Recommended_Programs.txt”.
For more information on this data collection, and links to other datasets from the EarthByte Research Group please visit EarthByte
For more information about using GPlates, including tutorials and a user manual please visit GPlates or EarthByte
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:
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Biological data analysis is the key to new discoveries in disease biology and drug discovery. The rapid proliferation of high-throughput ‘omics’ data has necessitated a need for tools and platforms that allow the researchers to combine and analyse different types of biological data and obtain biologically relevant knowledge. We had previously developed TargetMine, an integrative data analysis platform for target prioritisation and broad-based biological knowledge discovery. Here, we describe the newly modelled biological data types and the enhanced visual and analytical features of TargetMine. These enhancements have included: an enhanced coverage of gene–gene relations, small molecule metabolite to pathway mappings, an improved literature survey feature, and in silico prediction of gene functional associations such as protein–protein interactions and global gene co-expression. We have also described two usage examples on trans-omics data analysis and extraction of gene-disease associations using MeSH term descriptors. These examples have demonstrated how the newer enhancements in TargetMine have contributed to a more expansive coverage of the biological data space and can help interpret genotype–phenotype relations. TargetMine with its auxiliary toolkit is available at https://targetmine.mizuguchilab.org. The TargetMine source code is available at https://github.com/chenyian-nibio/targetmine-gradle.
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Technical notes and documentation on the common data model of the project CONCEPT-DM2.
This publication corresponds to the Common Data Model (CDM) specification of the CONCEPT-DM2 project for the implementation of a federated network analysis of the healthcare pathway of type 2 diabetes.
Aims of the CONCEPT-DM2 project:
General aim: To analyse chronic care effectiveness and efficiency of care pathways in diabetes, assuming the relevance of care pathways as independent factors of health outcomes using data from real life world (RWD) from five Spanish Regional Health Systems.
Main specific aims:
Study Design: It is a population-based retrospective observational study centered on all T2D patients diagnosed in five Regional Health Services within the Spanish National Health Service. We will include all the contacts of these patients with the health services using the electronic medical record systems including Primary Care data, Specialized Care data, Hospitalizations, Urgent Care data, Pharmacy Claims, and also other registers such as the mortality and the population register.
Cohort definition: All patients with code of Type 2 Diabetes in the clinical health records
Files included in this publication:
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The purpose of data mining analysis is always to find patterns of the data using certain kind of techiques such as classification or regression. It is not always feasible to apply classification algorithms directly to dataset. Before doing any work on the data, the data has to be pre-processed and this process normally involves feature selection and dimensionality reduction. We tried to use clustering as a way to reduce the dimension of the data and create new features. Based on our project, after using clustering prior to classification, the performance has not improved much. The reason why it has not improved could be the features we selected to perform clustering are not well suited for it. Because of the nature of the data, classification tasks are going to provide more information to work with in terms of improving knowledge and overall performance metrics. From the dimensionality reduction perspective: It is different from Principle Component Analysis which guarantees finding the best linear transformation that reduces the number of dimensions with a minimum loss of information. Using clusters as a technique of reducing the data dimension will lose a lot of information since clustering techniques are based a metric of 'distance'. At high dimensions euclidean distance loses pretty much all meaning. Therefore using clustering as a "Reducing" dimensionality by mapping data points to cluster numbers is not always good since you may lose almost all the information. From the creating new features perspective: Clustering analysis creates labels based on the patterns of the data, it brings uncertainties into the data. By using clustering prior to classification, the decision on the number of clusters will highly affect the performance of the clustering, then affect the performance of classification. If the part of features we use clustering techniques on is very suited for it, it might increase the overall performance on classification. For example, if the features we use k-means on are numerical and the dimension is small, the overall classification performance may be better. We did not lock in the clustering outputs using a random_state in the effort to see if they were stable. Our assumption was that if the results vary highly from run to run which they definitely did, maybe the data just does not cluster well with the methods selected at all. Basically, the ramification we saw was that our results are not much better than random when applying clustering to the data preprocessing. Finally, it is important to ensure a feedback loop is in place to continuously collect the same data in the same format from which the models were created. This feedback loop can be used to measure the model real world effectiveness and also to continue to revise the models from time to time as things change.
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Data Warehouse Market size was valued at USD 27.68 Billion in 2024 and is projected to reach USD 63.9 Billion by 2032, growing at a CAGR of 11% from 2026 to 2032.
Key Market Drivers: Increasing Volume of Data Generated across Industries: The exponential expansion of data generation is increasing the demand for robust data warehouse solutions. According to the International Data Corporation (IDC), the global datasphere is expected to increase from 33 zettabytes in 2018 to 175 zettabytes by 2025. This tremendous rise in data volume demands sophisticated data warehousing capabilities to ensure efficient storage, administration, and analysis.
Growing Adoption of Cloud-based Data Warehousing: The shift to cloud-based solutions is a significant driver of the Data Warehouse Market.
NASA has some of the largest and most complex data sources in the world, with data sources ranging from the earth sciences, space sciences, and massive distributed engineering data sets from commercial aircraft and spacecraft. This talk will discuss some of the issues and algorithms developed to analyze and discover patterns in these data sets. We will also provide an overview of a large research program in Integrated Vehicle Health Management. The goal of this program is to develop advanced technologies to automatically detect, diagnose, predict, and mitigate adverse events during the flight of an aircraft. A case study will be presented on a recent data mining analysis performed to support the Flight Readiness Review of the Space Shuttle Mission STS-119.
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We describe the design and results of an experiment in using text-mining and machine-learning techniques to generate annual measures of national political regime types. Valid and reliable measures of countries’ forms of national government are essential to cross-national and dynamic analysis of many phenomena of great interest to political scientists, including civil war, interstate war, democratization, and coups d’état. Unfortunately, traditional measures of regime type are very expensive to produce, and observations for ambiguous cases are often sharply contested. In this project, we train a series of support vector machine (SVM) classifiers to infer regime type from textual data sources. To train the classifiers, we used vectorized textual reports from Freedom House and the State Department as features for a training set of prelabeled regime type data. To validate our SVM classifiers, we compare their predictions in an out-of-sample context, and the performance results across a variety of metrics (accuracy, precision, recall) are very high. The results of this project highlight the ability of these techniques to contribute to producing real-time data sources for use in political science that can also be routinely updated at much lower cost than human-coded data. To this end, we set up a text-processing pipeline that pulls updated textual data from selected sources, conducts feature extraction, and applies supervised machine learning methods to produce measures of regime type. This pipeline, written in Python, can be pulled from the Github repository associated with this project and easily extended as more data becomes available.
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BASE YEAR | 2024 |
HISTORICAL DATA | 2019 - 2024 |
REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
MARKET SIZE 2023 | 8.36(USD Billion) |
MARKET SIZE 2024 | 9.25(USD Billion) |
MARKET SIZE 2032 | 20.74(USD Billion) |
SEGMENTS COVERED | Deployment Mode, Application, End User, Data Type, Regional |
COUNTRIES COVERED | North America, Europe, APAC, South America, MEA |
KEY MARKET DYNAMICS | Growing demand for big data analytics, Increasing adoption of AI technologies, Rising importance of customer insights, Expanding applications across industries, Enhanced data privacy regulations |
MARKET FORECAST UNITS | USD Billion |
KEY COMPANIES PROFILED | SAS Institute, Domo, RapidMiner, Microsoft, IBM, DataRobot, TIBCO Software, Oracle, H2O.ai, Sisense, Alteryx, SAP, Tableau, Qlik, Teradata |
MARKET FORECAST PERIOD | 2025 - 2032 |
KEY MARKET OPPORTUNITIES | Increased demand for data analytics, Growth in AI and machine learning, Rising need for big data processing, Cloud-based data mining solutions, Expanding applications across industries |
COMPOUND ANNUAL GROWTH RATE (CAGR) | 10.63% (2025 - 2032) |
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In this research, we have generated student retention alerts. The alerts are classified into two types: preventive and corrective. This classification varies according to the level of maturity of the data systematization process. Therefore, to systematize the data, data mining techniques have been applied. The experimental analytical method has been used, with a population of 13,715 students with 62 sociological, academic, family, personal, economic, psychological, and institutional variables, and factors such as academic follow-up and performance, financial situation, and personal information. In particular, information is collected on each of the problems or a combination of problems that could affect dropout rates. Following the methodology, the information has been generated through an abstract data model to reflect the profile of the dropout student. As advancement from previous research, this proposal will create preventive and corrective alternatives to avoid dropout higher education. Also, in contrast to previous work, we generated corrective warnings with the application of data mining techniques such as neural networks until reaching a precision of 97% and losses of 0.1052. In conclusion, this study pretends to analyze the behavior of students who drop out the university through the evaluation of predictive patterns. The overall objective is to predict the profile of student dropout, considering reasons such as admission to higher education and career changes. Consequently, using a data systematization process promotes the permanence of students in higher education. Once the profile of the dropout has been identified, student retention strategies have been approached, according to the time of its appearance and the point of view of the institution.
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The global market for data mining tools is experiencing robust growth, projected to reach $882.8 million in 2025. While the provided CAGR is missing, considering the rapid advancements in artificial intelligence, machine learning, and big data analytics, a conservative estimate of the Compound Annual Growth Rate (CAGR) for the forecast period (2025-2033) would be around 15%. This signifies a significant expansion of the market, driven by the increasing need for businesses to extract valuable insights from massive datasets for improved decision-making, enhanced operational efficiency, and competitive advantage. Key drivers include the rising adoption of cloud-based data mining solutions, the proliferation of big data, and growing investments in advanced analytics capabilities across various sectors like healthcare, finance, and retail. Furthermore, the continuous development of sophisticated algorithms and user-friendly interfaces is making data mining accessible to a wider range of users, fueling market growth. The market is highly competitive, with established players like IBM, SAS Institute, Oracle, and Microsoft alongside emerging innovative companies like H2O.ai and Dataiku vying for market share. The segmentation of the market is diverse, encompassing various deployment models (cloud, on-premise), application types (predictive modeling, customer segmentation, fraud detection), and industry verticals. While restraints such as the high cost of implementation and the need for specialized skills can hinder wider adoption, the overall market outlook remains positive. The predicted CAGR of 15% suggests the market will likely exceed $3 billion by 2033, driven by continued technological innovation, increasing data volumes, and the growing recognition of data mining's crucial role in achieving business success in an increasingly data-driven world.
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The list of frequently occurred genes in the detected logic relationships in the KEGG OC ortholog dataset.
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The Life Sciences Data Mining and Visualization Software market is experiencing robust growth, driven by the increasing volume of biological data generated through genomics, proteomics, and clinical trials. The market's expansion is fueled by the urgent need for efficient tools to analyze this complex data, enabling faster drug discovery, personalized medicine initiatives, and improved patient outcomes. Companies are increasingly investing in advanced analytics solutions to gain actionable insights from their data, leading to improved operational efficiency and reduced research and development costs. The integration of artificial intelligence (AI) and machine learning (ML) capabilities within these software solutions is a significant trend, enhancing the ability to identify patterns and make predictions from large datasets. This market is segmented by software type (e.g., data mining, visualization, integrated solutions), deployment mode (cloud, on-premise), and end-user (pharmaceutical companies, biotechnology firms, research institutions). Competition is fierce, with established players like IBM, Microsoft, and SAS competing with specialized life sciences focused companies and emerging innovative startups. While the market faces challenges such as the high cost of implementation and the need for specialized expertise, the long-term prospects remain positive. The continuous advancements in data generation technologies and the growing demand for data-driven decision-making in the life sciences sector will continue to fuel market growth. Furthermore, the increasing adoption of cloud-based solutions is expected to lower the barrier to entry for smaller companies and research institutions, further expanding the market. This makes the Life Sciences Data Mining and Visualization Software market a particularly attractive investment opportunity with high potential for both established players and new entrants. The market's estimated size in 2025 is $10 Billion, with a projected Compound Annual Growth Rate (CAGR) of 15% from 2025 to 2033.
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The dataset and source code for paper "Automating Intention Mining".
The code is based on dennybritz's implementation of Yoon Kim's paper Convolutional Neural Networks for Sentence Classification.
By default, the code uses Tensorflow 0.12. Some errors might be reported when using other versions of Tensorflow due to the incompatibility of some APIs.
Running 'online_prediction.py', you can input any sentence and check the classification result produced by a pre-trained CNN model. The model uses all sentences of the four Github projects as training data.
Running 'play.py', you can get the evaluation result of cross-project prediction. Please check the code for more details of the configuration. By default, it will use the four Github projects as training data to predict the sentences in DECA dataset, and in this setting, the category 'aspect evaluation' and 'others' are dropped since DECA dataset does not contain these two categories.
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The "Dataset_HIR" folder contains the data to reproduce the results of the data mining approach proposed in the manuscript titled "Identification of hindered internal rotational mode for complex chemical species: A data mining approach with multivariate logistic regression model".
More specifically, the folder contains the raw electronic structure calculation input data provided by the domain experts as well as the training and testing dataset with the extracted features.
The "Dataset_HIR" folder contains the following subfolders namely:
Electronic structure calculation input data: contains the electronic structure calculation input generated by the Gaussian program
1.1. Testing data: contains the raw data of all training species (each is stored in a separate folder) used for extracting dataset for training and validation phases.
1.2. Testing data: contains the raw data of all testing species (each is stored in a separate folder) used for extracting data for the testing phase.
Dataset 2.1. Training dataset: used to produce the results in Tables 3 and 4 in the manuscript
+ datasetTrain_raw.csv: contains the features for all vibrational modes associated with corresponding labeled species to let the chemists select the Hindered Internal Rotor from the list easily for the training and validation steps.
+ datasetTrain.csv: refines the datasetTrain_raw.csv where the names of the species are all removed to transform the dataset into an appropriate form for the modeling and validation steps.
2.2. Testing dataset: used to produce the results of the data mining approach in Table 5 in the manuscript.
+ datasetTest_raw.csv: contains the features for all vibrational modes of each labeled species to let the chemists select the Hindered Internal Rotor from the list for the testing step.
+ datasetTest.csv: refines the datasetTest_raw.csv where the names of the species are all removed to transform the dataset into an appropriate form for the testing step.
Note for the Result feature in the dataset: 1 is for the mode needed to be treated as Hindered Internal Rotor, and 0 otherwise.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 1.7 billion |
Revenue Forecast in 2034 | USD 4.8 billion |
Growth Rate | CAGR of 12.4% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 1.5 billion |
Growth Opportunity | USD 3.3 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 1.5 billion USD |
Market Size 2027 | 2.1 billion USD |
Market Size 2029 | 2.7 billion USD |
Market Size 2030 | 3.0 billion USD |
Market Size 2034 | 4.8 billion USD |
Market Size 2035 | 5.4 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Application, Type, Industry, Deployment |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., China, India, UK, Germany - Expected CAGR 11.2% - 14.9% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Brazil, South Africa, Indonesia - Expected Forecast CAGR 8.7% - 13.0% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Healthcare and Retail Industry |
Top 2 Industry Transitions | Shift Towards Automated Data Mining, Rise of Predictive Analytics |
Companies Profiled | IBM Corporation, SAS Institute, RapidMiner Inc, KNIME.com AG, Oracle Corporation, Microsoft Corporation, Intel Corporation, Alteryx Inc, SAP SE, Fair Isaac Corporation, MathWorks Inc and Salford Systems Ltd |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
This dataset contains tokenized forms of four Jane Austen novels sourced from Project Gutenberg--Emma, Persuasion, Pride and Prejudice, and Sense and Sensibility--that are broken down by chapter (and volume where appropriate). Each file also includes positional data for each row which will be used for further analysis. This was created to hold the data for the final project for COSC426: Introduction to Data Mining, a class at the University of Tennessee.
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The paper explores process mining and its usefulness for analyzing football event data. We work with professional event data provided by OPTA Sports from the European Championship in 2016. We analyze one game of a favorite team (England) against an underdog team (Iceland). The success of the underdog teams in the Euro 2016 was remarkable, and it is what made the event special. For this reason, it is interesting to compare the performance of a favorite and an underdog team by applying process mining. The goal is to show the options that these types of algorithms and visual analytics offer for the interpretation of event data in football and discuss how the gained insights can support decision makers not only in pre- and post-match analysis but also during live games as well. We show process mining techniques which can be used to gain team or individual player insights by considering the types of actions, the sequence of actions, and the order of player involvement in each sequence. Finally, we also demonstrate the detection of typical or unusual behavior by trace and sequence clustering.
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The global data mining software market size was valued at USD 7.2 billion in 2023 and is projected to reach USD 15.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 8.7% during the forecast period. This growth is driven primarily by the increasing adoption of big data analytics and the rising demand for business intelligence across various industries. As businesses increasingly recognize the value of data-driven decision-making, the market is expected to witness substantial growth.
One of the significant growth factors for the data mining software market is the exponential increase in data generation. With the proliferation of internet-enabled devices and the rapid advancement of technologies such as the Internet of Things (IoT), there is a massive influx of data. Organizations are now more focused than ever on harnessing this data to gain insights, improve operations, and create a competitive advantage. This has led to a surge in demand for advanced data mining tools that can process and analyze large datasets efficiently.
Another driving force is the growing need for personalized customer experiences. In industries such as retail, healthcare, and BFSI, understanding customer behavior and preferences is crucial. Data mining software enables organizations to analyze customer data, segment their audience, and deliver personalized offerings, ultimately enhancing customer satisfaction and loyalty. This drive towards personalization is further fueling the adoption of data mining solutions, contributing significantly to market growth.
The integration of artificial intelligence (AI) and machine learning (ML) technologies with data mining software is also a key growth factor. These advanced technologies enhance the capabilities of data mining tools by enabling them to learn from data patterns and make more accurate predictions. The convergence of AI and data mining is opening new avenues for businesses, allowing them to automate complex tasks, predict market trends, and make informed decisions more swiftly. The continuous advancements in AI and ML are expected to propel the data mining software market over the forecast period.
Regionally, North America holds a significant share of the data mining software market, driven by the presence of major technology companies and the early adoption of advanced analytics solutions. The Asia Pacific region is also expected to witness substantial growth due to the rapid digital transformation across various industries and the increasing investments in data infrastructure. Additionally, the growing awareness and implementation of data-driven strategies in emerging economies are contributing to the market expansion in this region.
Text Mining Software is becoming an integral part of the data mining landscape, offering unique capabilities to analyze unstructured data. As organizations generate vast amounts of textual data from various sources such as social media, emails, and customer feedback, the need for specialized tools to extract meaningful insights is growing. Text Mining Software enables businesses to process and analyze this data, uncovering patterns and trends that were previously hidden. This capability is particularly valuable in industries like marketing, customer service, and research, where understanding the nuances of language can lead to more informed decision-making. The integration of text mining with traditional data mining processes is enhancing the overall analytical capabilities of organizations, allowing them to derive comprehensive insights from both structured and unstructured data.
The data mining software market is segmented by components, which primarily include software and services. The software segment encompasses various types of data mining tools that are used for analyzing and extracting valuable insights from raw data. These tools are designed to handle large volumes of data and provide advanced functionalities such as predictive analytics, data visualization, and pattern recognition. The increasing demand for sophisticated data analysis tools is driving the growth of the software segment. Enterprises are investing in these tools to enhance their data processing capabilities and derive actionable insights.
Within the software segment, the emergence of cloud-based data mining solutions is a notable trend. Cloud-based solutions offer several advantages, including s