Data preparation converts data sets in such a way that information contained in them is represented in the best possible way. Data preparation tools enable data conversion, discovery, analysis, exploration, transformation, cleaning, modeling, curation, structuring, and cataloguing within a single offering. The various practices in the data preparation tools market are data cleansing and manipulation, self-service data preparation, advanced analytic techniques, increasing data sources, and sharing metadata. Data preparation is vital for successful data handling since poor quality data often results in unreliable data mining and incorrect results. Data preparation tools improve the quality and integrity of data with techniques such as parsing for advanced cleansing and fuzzy matching. Additionally, they create a repeatable workflow design that speeds up the data delivery process, ultimately resulting in improved productivity. Expansion in the global data preparation tools market is fuelling demand for high investments in channel partnerships, service conveyance, system integration, and analytics technology. All the main storage management, networking, systems manufacturers, and processor chip fabricators are expected to have a major share in the data preparation tools market. Rise of big data has caused development in data storage technologies. Availability of a large volume of data has led to the creation of specialized tools for data preparation. These tools are gaining traction due to a rise in the need to analyze internal as well as external sources of data generated by organizations on a daily basis. The data preparation tools market is currently creating an impact on both the IT and business sides of organizations.