Press release
Data Science Platform Market - Segments Worth Observing Aiding Growth Factors 2022 - 2030
The data science platform market crossed US$ 118.39 billion mark in 2022 and is expected to hit US$ 856.86 billion by 2030, recording a CAGR of 28.1% during the forecast period.Firms like IT firms can access, store, and process huge amounts of data due to advances in information technologies. Organizations analyze data sets and generate significant insights to apply to their operations, demonstrating the importance of big data in several industries. Due to the broad adoption of digital technology, big data has emerged as a vital business competency for firms seeking to extract value from an ever-increasing volume of data to achieve a competitive advantage. Data science platform in logistics and supply chain management (LSCM) has gotten tremendous attention because of its complexity and the important role of LSCM in improving overall business performance. Businesses of all sizes recognize the importance of data, from financial services to automobile manufacturing, healthcare, and non-profits.
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The report covers an in-depth analysis of the key market players within the market
o Alteryx
o Amazon Web Services, Inc.
o Cloudera, Inc.
o Google LLC
o International Business Machines Corporation
o MathWorks
o Microsoft Corporation
o SAS Institute
o Teradata Corporation
o TIBCO Software Inc.
The "Data Science Platform Market" forecast 2030 report analyses the present and future competitive scenario of the analytics industry. Data Science Platform Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading key player's areas that have witnessed the highest demand, leading regions and applications.
In this report, the data science platform market has been segmented on the basis of:
• Component:
o Solution/Platform
o Services
Professional Services
Managed Services
• Deployment
o On premises
o Cloud
• Application:
o Marketing
o Sales
o Logistics
o Finance & Accounting
o Customer Support
o Others
• Organization Size:
o Small and Medium Enterprises
o Large Enterprises
• Industry:
o BFSI
o IT and Telecom
o Retail and Ecommerce
o Healthcare
o Government
o Manufacturing
o Others
• Region
o North America
o Europe
o Asia Pacific (APAC)
o South & Central America
o Middle East & Africa
Recent strategic developments in data science platform market
The data science platform market has undergone several significant developments, and a few of these have been mentioned below:
• In July 2022, Polestar Solutions and Alteryx entered into a partnership to accelerate enterprise analytics and data science automation further.
• In October 2021, Tredence partnered with Robert Bosch Center for Data Science and Artificial Intelligence (RBCDSAI) at IIT-Madras to propel innovation in AI and data science.
• In January 2020, The Mastercard Center for inclusive growth and the rockefeller foundation launched data.org as a platform for partnerships that will build the field of data science for social impact.
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Market Analysis and Insights: Data Science Platform Market
Data Science Platform Market report elaborates the market size, market characteristics, and market growth of the Data Science Platform industry, and breaks down according to the type, application, and consumption space of Data Science Platform. The report also conducted a PESTEL analysis of the industry to check the most influencing factors and entry barriers of the industry.
Some of the key queries answered in this report:
• -What can we estimate about the anticipated growth rates and also the Data Science Platform industry size by 2030?
• -What will happen in the coming existing and emerging markets?
• -Which are the five top players within the Data Science Platform market?
• -How can the Data Science Platform market change in the upcoming years?
• -Which product and application will take a share of the Data Science Platform market?
• -What will be the CAGR and size of the Data Science Platform market throughout the forecast period?
• -What are the market opportunities and challenges two-faced by the key vendors?
• -Who are the major competitors and what is their strategy?
• -What are the barriers to entry for new players in the market?
• -What would be the upcoming Data Science Platform market behaviour forecast with trends, challenges, and drivers for development?
• -What business opportunities and dangers are faced by vendors in the market?
• -Which would be Data Science Platform industry opportunities and challenges have faced by most vendors in the market?
• -What will be the outcomes of this market SWOT five forces analysis?
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Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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