Web Scraping Software Market Share

North American Market Forecast

The web scraping software market in North America industry is projected to be the largest with a revenue of USD 1.09 billion by the end of 2036 by growing at a CAGR of 14.23% over the forecast period. Web scraping software is needed in the area by businesses in a variety of industries, such as sports, air freight, and transportation, in order to establish suitable pricing strategies. Web scraping software is now more important in the region than ever for keeping abreast of business developments, particularly in the transportation sector where complex ticket structures and dynamic pricing have increased market competition. Furthermore, growing concerns about data security are supporting the growth of the market in this region. In the US in 2022, there were almost 1801 occurrences of data compromise.

APAC Market Statistics

The Asia Pacific web scraping software market is estimated to be the second-largest by developing at a CAGR of 13.17% during the forecast period. The Asia Pacific market is expected to be worth USD 550.65 million by the end of 2036, up from USD 110.84 million in 2023. Due to the fierce rivalry, the majority of enterprises in the internet scraping software sector provide their goods for free for a limited time in the Asia Pacific region. As a result, many businesses refuse to invest in equipment that might lower operational costs. Moreover, because of the availability of various software suppliers, small and medium-sized firms (SMEs) dominate the online scraping software industry and are less inclined to invest in premium software, preferring to employ complementary solutions. All of these problems are expected to impede market expansion in the region.