Web Scraping Services Market Poised to Grow at a Robust Pace Due to Growing Adoption of Big Data Analytics
Web scraping services allow collection of large volumes of data from websites and conversion of unstructured data into structured formats which can then be analyzed using big data analytics tools and techniques.
Web scraping services find extensive usage across industries for market and competitor intelligence, price monitoring, product monitoring and comparisons.
Over the course of the forecast period, the growing use of digital marketing solutions is anticipated to propel the expansion of the Global Web Scraping Market Share.
Key Takeaways
Key operating Web Scraping Services Companies are Scrapy, PilotFish, Import.io, Diggernaut, ANthropic, ParseHub and Octoparse. These players offer web scraping software and APIs for scraping data from websites.
The growing volumes of data available online and rising need among organizations to extract valuable insights from this unstructured data present significant growth opportunities for providers of web scraping services. Technological advancements such as introduction of robotic process automation in web scraping are further enhancing capabilities of web scraping tools.
Some of the key technological advancements in the web scraping services market include integration of artificial intelligence and machine learning techniques to automate complex scraping tasks. Introduction of browser automation and headless browsers has increased scraping efficiency. Usage of distributed cloud-based scraping ensures faster and scalable data extraction.
Market Drivers
One of the key drivers for the growth of web scraping services market is the rising adoption of big data analytics by organizations across industries. Web scraping allows efficient collection of large public web data which can then be analyzed using big data tools to generate valuable insights. Growing investments in digital transformation and availability of affordable cloud-based web scraping services are also supporting the increased demand for web scraping.
Current Challenges in Web Scraping Services Market
Some of the current key challenges faced by the web scraping services market are:
1. Legality issues: Web scraping is not considered illegal in itself. However, sometimes web scraping activity can result in denial-of-service attacks on websites causing server overloads. Excessive scraping can also be seen as a violation of website terms and privacy policies.
2. Compliance with robots.txt: While scraping, services need to comply with robots.txt protocols set by websites which specify allowed/restricted pages for scraping. Not following these protocols can result in legal issues.
3. Dynamic content handling: Websites have dynamically changing content posing challenges to accurately scrape time-sensitive data. Services require strong capabilities to handle JavaScript renderings and AJAX/XHR requests for complete data capture.
4. Proxy & IP detection: Use of multiple IP addresses/proxies for large-scale scraping can be detected easily. Services need sophisticated methods to circumvent IP blocking while staying undetected.
5. Data extraction & cleaning: Precise extraction of structured data from complex unstructured web pages and subsequent cleaning is a technically challenging task requiring machine learning models.
SWOT Analysis
Strengths: Ability to automate repetitive data collection tasks from websites at a large scale. Provides cost-effective alternative to manual data entry.
Weaknesses: Reliant on target websites remaining static. Legal and technical issues around excessive scraping and circumventing detection.
Opportunities: Growing demand from verticals like market research, price monitoring, competitor analysis. Advances in ML/AI improving data extraction quality.
Threats: Stricter regulations around web scraping. Websites enhancing bot detection capabilities. Piracy of commercially valuable data.
Geographically, North America accounts for the largest share in the web scraping services market in terms of value, primarily driven by presence of major companies and increasing adoption across sectors like BFSI, IT and telecom in the US and Canada. Asia Pacific region is poised to witness fastest growth over coming years led by growing digitization and outsourcing trend in countries like India, China and others. Developed markets in Western Europe also contribute substantially to overall revenues.
The USA currently represents the largest geographical market for web scraping services globally. This is attributed to factors like strong technical expertise among service providers, growing focus on digitalization of processes across end-use industries in USA and early adoption of related technologies. The American market is expected to further strengthen its position during the forecast period.
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