Procurement Market Intelligence Report
Data Mining Software
Sourcing Guide & Market Intelligence
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Data Mining Software Global Overview
Definition
Summary
Data mining software is used to discover patterns in large data sets that allow for informed business decisions. The size of these data sets, both in the number of entries and the number of variables, is too large for traditional database and query software and is typically too large to even depict visually. As a result, powerful data mining software, which is run primarily by command-line prompts, must be used. Key buyers are financial institutions, consulting firms and government agencies.
This Report Includes:
- Proprietary Data Mining Software
- Free & Open-Source Data Mining Software
Not in this Report:
- Data Management & Query Software
- Data Visualization Software
Global Data Mining Software Procurement Trends
Discover the top international trends affecting procurement in the global Data Mining Software market.
Warning Trends
Public sector demand slumps as the government enters shutdown
- On October 1, the US federal government entered a shutdown after negotiations for a new appropriations bill failed.
- During a government shutdown, essential federal government operations, such as law enforcement, air-traffic control, and social security, persist, while nonessential operations are paused and workers involved in these operations are furloughed. Thus, the current shutdown is expected to result in 750,000 federal workers being furloughed, representing a $400 million reduction in daily expenditure by the federal government.
- This significant reduction in federal spending and operations will affect the entire US economy, weakening aggregate demand and slowing economic growth. For example, the 35-day government shutdown in Q1, 2019, reduced aggregate demand in both the public and private sectors, resulting in a 0.2% reduction in GDP growth that quarter.
- The effects of the shutdown are likely to be most acute in markets where the public sector is a major buyer segment, weakening demand and increasing average vendor risk by destabilizing important revenue streams.
- As negotiations for a new appropriations bill to reopen the government remain ongoing, ProcurementIQ will continue to monitor the situation and update this story with the latest information.
Global Data Mining Software Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1 Europe | 65 |
| #2 United States | 50 |
| #3 China | 35 |
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Geography Drilldown - US
Average Cost of Data Mining Software
United States
2026 Market Pricing$33,800.00 to $XX,XXX.XX
per user per yearAverage Price
Prices in the Data Mining Software market range from $33,800.00 to $XX,XXX.XX, depending on Number of Users, Data Capacity, Level of Support, Billing Cycle and Contract Length. For example, lower prices are associated with Fewer users, whereas higher prices are associated with More users.
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Data Mining Software Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Data Mining Software market, prices in the US have grown 0.2% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
United States (2025-2028)
Compound Annual Growth Rate
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Data Mining Software
Total cost of ownership is Medium in the Data Mining Software market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Cancellations may raise the total cost of ownership unexpectedly.
Negotiated Before
Implementation
Billed During
Training
Unforeseen
Cancellations
Buyer Power in Procurement Negotiations
In 2026, buyer power amounts to 0.4 in the United States. Buyer power is most positively impacted by Recent Developments. It is most negatively impacted by Recent Price Volatility. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Low, which has a positive impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Computer Manufacturers
- Operating Systems Software Publishers
- IT Consultants
2nd
Tier Suppliers
- Semiconductor & Circuit Manufacturers
- Intellectual Property Licensing Firms
Biggest Data Mining Software Suppliers in the US by Revenue
The largest Data Mining Software vendors by revenue in the US are StataCorp LLC, Sas Institute Inc. and TIBCO Software Inc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| International Business Machines Corporation | Global | ARMONK | >10,000 | 15-20 | ||||
| Sas Institute Inc. | Global | Cary, NC | >10,000 | 15-20 | ||||
| Microsoft Corporation | Global | Redmond | >10,000 | 5-10 | ||||
| Dell Technologies Inc. | Global | ROUND ROCK | >10,000 | 5-10 | ||||
| Oracle Corporation | Global | AUSTIN, CA | >10,000 | 5-10 | ||||
| Sap Se | Global | WALLDORF | >10,000 | 5-10 | ||||
| TIBCO Software Inc. | Global | Palo Alto, CA | 1,001-10,000 | 5-10 | ||||
| StataCorp LLC | Global | College Station, TX | 101-250 | 5-10 | ||||
| OpenText Corporation | Global | ONTARIO CANADA | >10,000 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Data Mining Software market is 17.4% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Overhead. The cost trend for this component is rising, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
The data mining software market exhibits a high level of market share concentration, with the top four vendors controlling more than 50.0% of the market. The top four vendors include SAS, IBM (operating in the market as SPSS, which it acquired in 2009), Microsoft and Oracle.
Because not all data mining software products have the same functionality and have varying strengths, most buyers invest in several different brands concurrently. While average financial risk among vendors is moderate, buyers generally do not have to worry about their supplier going bankrupt because buyers usually also operate several other data mining software packages.
Supply chain risk for data mining software developers is low, meaning that buyers face little risk of sudden input price spikes or service interruptions. Vendors do not depend on many critical inputs to maintain the data mining software, which shields them from supply chain issues such as input shortages and tariffs.
The United States is a net importer of computers, meaning it imports more computers than it exports. While lower manufacturing costs abroad drive down prices for imported computers, relying on imports can lead to potential shortages or price increases if there are supply chain disruptions due to geopolitical tensions, trade disputes, or global crises.
Supplier Information
International Business Machines Corporation
International Business Machines Corporation (IBM) is a global integrated computer technology, hardware, software, and services provider. It organizes its business into four segments: Software segment, which provides software solutions for a hybrid cloud platform, data and artificial intelligence, automation,... Subscribe to learn more
Sas Institute Inc.
Sas Institute Inc. is a private company operating globally in the information sector. The company's offerings include retail planning software, financial analysis software, data management platforms, crm software, data mining software. Founded in 1976, the company is currently headquartered in Cary, North... Subscribe to learn more
Dell Technologies Inc.
Dell Technologies Inc. is a global provider of comprehensive information technology solutions, products, and services. It organizes its business into two segments: the Infrastructure Solutions Group, which offers multi-cloud and big data solutions to simplify, streamline, and automate cloud operations, and... Subscribe to learn more
Microsoft Corporation
Microsoft Corporation is a technology company offering digital technology and artificial intelligence (AI) to businesses and individuals worldwide. It develops cloud-based solutions that deliver customers with software, services, platforms, and content and provides solution support and consulting services.... Subscribe to learn more
Oracle Corporation
Oracle Corporation is a global technology company that provides enterprise information technology (IT) products and services. It comprises three businesses: the Cloud and License business, which offers Oracle Applications, Oracle Database, and Oracle Middleware software offerings, among others, deployed using... Subscribe to learn more
Sap Se
Sap Se is a public company operating globally in the information, professional, scientific & technical services and educational services sectors. The company's offerings include warehouse management systems, travel management software, recruitment software, order tracking software, contract management software.... Subscribe to learn more
StataCorp LLC
StataCorp LLC is a private company operating globally in the information sector. The company's offerings include data mining software. Founded in 1985, the company is currently headquartered in College Station, Texas, United States of America with an estimated 175 employees. Subscribe to learn more
TIBCO Software Inc.
TIBCO Software Inc. is a private company operating globally in the information and professional, scientific & technical services sectors. The company's offerings include mobile enterprise application platforms, data mining software, data visualization software and loyalty program management software. Founded... Subscribe to learn more
Altair Engineering Inc.
Altair Engineering Inc. is a public company operating globally in the information and professional, scientific and technical services sectors. The company's offerings include machine learning solutions and industrial design services. Founded in 1985, the company is currently headquartered in Troy, Michigan,... Subscribe to learn more
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Procurement Management KPIs for the Data Mining Software Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Average Resolution Time and Average Response Time. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Uptime & Availability and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Average Resolution Time |
|
Total resolution time Number of resolved tickets |
The average resolution time measures how long it takes for a supplier to resolve a support ticket. In addition to average response time, average resolution time is an important metric by which suppliers' performance should be measured because fast response times are not meaningful unless an issue is resolved with the same efficiency. |
| Average Response Time |
|
Total response time Number of support ticket responses |
The average response time measures how long it takes for a supplier to respond to a customer inquiry or support ticket. Faster response times indicate a higher quality of customer service. |
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Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Contract
How long is your standard contract?
Do you offer perpetual licenses?
Security
How do you protect client data?
How often do you back up client data and content on your servers?
Service & Maintenance
What is your R&D budget? How has this budget changed in the past three years? How does your R&D strategy set you apart from your competitors?
What new features and functionalities have you added to your software in the past three years?
The ultimate prep for procurement negotations
View all 25 negotiation questions for this category when you subscribe.
Data Mining Software RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should provide the details of their organization, including the number of employees, their office locations and the industries they are associated with.
Buyers should state their reasons for purchasing a new data mining software system and state the benefits they expect to receive from the software.
Statement Of Need
Buyers should state the features of data mining software that they desire (i.e. the ability to analyze multiple datasets, the ability to run regression analysis, the ability to predict outcomes, etc.).
Buyers should specify the number of end users that will access the software.
Project Budget
Buyers should specify their budget for the data mining software.
Buyers should request detailed information about available software delivery methods and costs.
The RFP process made easy
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
