Web scraping, also known as screen scraping, web data extraction, and web harvesting, is a technique for extracting vast amounts of data from websites, which is then collected and stored to local files on the user's computer in the form of spreadsheets. Web scraping is classified into three types: browser extensions such as chrome extensions, external software such as Octoparse, external computer software given by the United States-based Octopus Data Inc., and others.
Furthermore, most websites' data may only be viewed via browsers such as Google Chrome, Mozilla Firefox, and others. Manually copy pasting is a time-consuming task that can take many hours to finish. Web scraping software is used to automate this activity, which may be completed in a matter of minutes. Furthermore, online scraping can be employed in a variety of applications such as data aggregation, market research, and so on.
On the basis of region, the global web scraping services market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Moreover, North America held a major share in the global web scraping services market in 2018 owing to the presence of a large number of key players such as Phantombuster, PilotFish, Inc., Mozenda, Inc., and Diggernaut LLC. among others.
Moreover, Asia Pacific is expected to be the fastest growing region in the global web scraping services market. Rising growth of the Information Technology sector and service industry in the region, particularly in countries such as India and China, is expected to drive the growth of the global web scraping service market over the forecast period. For instance, in December 2019, as per data published by India Brand Equity Foundation (IBEF), the Indian IT industry generated revenue of US$ 177 billion in 2019 and it is expected to reach around US$ 350 billion by 2025 with CAGR 6.1%.
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