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Online Data Science Training Programs Market is expected to grow at a CAGR of 25.1% during the forecasted period | Evolve Business Intelligence

12-04-2023 12:29 PM CET | Science & Education

Press release from: Evolve Business Intelligence

Online Data Science Training Programs Market is expected to grow

Key Highlights:
• The global Online Data Science Training Programs Market size was valued at USD 4.1 million in 2023 growing at a CAGR of 25.1% from 2023 to 2033.
• North America dominated the market in 2023
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

As per the study initiated by Evolve Business Intelligence, the global Online Data Science Training Programs Market size accounted for USD 4.1 Million in 2023, growing at a CAGR of 25.1% from 2023 to 2033. Online data science training programs refer to educational courses and programs that teach individuals the skills and knowledge needed to excel in the field of data science through online platforms. These programs typically cover a range of topics such as statistical analysis, machine learning, programming languages (such as Python or R), data visualization, and more.

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With the increasing importance of data in decision-making across industries, there is a high demand for professionals with data science skills. Online training programs offer a convenient way for individuals to acquire these skills without the need for traditional classroom-based education. Online programs provide flexibility in terms of timing and location. Learners can access course materials and lectures at their own pace, allowing individuals with diverse schedules to participate. Advances in technology have made online learning more engaging and interactive. Features such as virtual labs, live coding environments, and interactive assessments enhance the learning experience.

Key Players
Some of the major Online Data Science Training Programs Market players holding high market shares include Coursera, Udemy, Simplilearn, Udacity, edX, DataCamp, Great Learning, and Unacademy. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Analytics Labs, Ltd, Jigsaw Academy, IllumiDesk, KDnuggets, FutureLearn, TopCode, and Codementor.

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Segmental Analysis
Based on type, the Online Data Science Training Programs market is segmented into Certification courses and professional degree courses. The largest segment of the Online Data Science Training Programs market is Certification courses. This is because certification courses are typically shorter and less expensive than professional degree courses, making them more accessible to a wider range of learners. Additionally, certification courses are often more focused on specific skills and knowledge, which can be appealing to learners who are looking to quickly develop the skills they need for a particular job or project.
Based on the Application, the Online Data Science Training Programs market is Marketing and sales, Logistics, Finance and Accounting, Customer Support, and Others. The largest segment of the Online Data Science Training Programs market is Marketing and sales. This is because data science is increasingly being used in marketing and sales to improve customer targeting, segmentation, and campaign performance. Additionally, data science is being used to develop new products and services that are more likely to appeal to customers.

Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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