Data Science Platform Market Insights:
The Data Science Platform Market was analyzed which was worth USD 6.21 Billion in the year 2021, expecting a CAGR of 27.1% during the forecast period (2022-2030), and the market is projected to be valued at USD 53.75 Billion by 2030.
The increased adoption of Data Science Platform in the Industry Services is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Data Science Platform also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Data Science Platform in many sectors also boosts the market growth during the forecast period.
A data science platform is a set of software tools and technologies that are used to support data scientists and data analysts in their work. These platforms typically provide a variety of tools for data cleaning, transformation, and visualization, as well as advanced analytics and machine learning capabilities.
Data Science Platform Market Research Report” was just released by Market Research Community. It is divided into several categories, including Component (Platform, Services), application (Marketing & Sales, Logistics, Finance and Accounting, Customer Support, Others), Industry Vertical (BFSI, Retail and E-Commerce, IT and Telecom, Transportation, Healthcare, Manufacturing, Others), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Deployment Mode (Cloud, On-premises), and companies (Microsoft Corporation, Sas Institute Inc., Fair Issac Corporation (Fico), International Business Machines Corporation (Ibm Corporation), Sap Se, Teradata Corporation, Altreyx, Inc., Dataiku Sas, Rapidminer Inc, The Mathworks Inc.), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 27.1%, over the forecast period of 2022–2030.
Data Science Platform Report Coverage:
|Report Attributes||Report Details|
|Market Size in 2030 (USD Billion)||53.75 Billion|
|By Component||Platform, Services|
|By Application||Marketing & Sales, Logistics, Finance and Accounting, Customer Support, Others|
|By Industry Vertical||BFSI, Retail and E-Commerce, IT and Telecom, Transportation, Healthcare, Manufacturing, Others|
|By Organization Size||Small and Medium-Sized Enterprises, Large Enterprises|
|By Deployment Mode||Cloud, On-premises|
|By Geography||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Key Players||Microsoft Corporation, Sas Institute Inc., Fair Issac Corporation (Fico), International Business Machines Corporation (Ibm Corporation), Sap Se, Teradata Corporation, Altreyx, Inc., Dataiku Sas, Rapidminer Inc, The Mathworks Inc.|
The COVID-19 pandemic has had a substantial negative influence on the Data Science Platform market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Microsoft Corporation, Sas Institute Inc., Fair Issac Corporation (Fico), International Business Machines Corporation (Ibm Corporation), Sap Se, Teradata Corporation, Altreyx, Inc., Dataiku Sas, Rapidminer Inc, The Mathworks Inc.
Market Segment Analysis:
- Marketing & Sales
- Finance and Accounting
- Customer Support
By Industry Vertical
- Retail and E-Commerce
- IT and Telecom
By Organization Size
- Small and Medium-Sized Enterprises
- Large Enterprises
By Deployment Mode
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Data Science Platform industries in the region.
Key Data Science Platform Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Data Science Platform Market segments.
– Largest Market Share Held by Industry to Industry for Data Science Platform
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Data Science Platform Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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