Press release
Data Science Platform Market to Witness Exponential Growth by 2025
A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/14752
Data science platform provides real-time data streaming and more advanced data pipelines which will support redefine big data into different categories such as actionable and fast data. A massive increase in data volume is the driving force for the data science platform. This movement of Data volume will continue to evolve shortly.
Data science platform aid to facilitate a high level of association across data scientists, business analysts, data engineers, and developers in different fields of business. Data Science platforms help the organizations to prepare data, build models and operationalize analytics.
Data Science Platform: Market Dynamics
The increasing demand for public cloud, adoption of artificial intelligence, the explosive growth of Internet of things (IoT) applications and machine learning, revolution and rise in demand of big data, etc. are the factor that are expected to drive the demand of data science platform market. Key IT Trends in enterprises are an adoption of big data technology, security, and governance, IT centralization, open standard, and libraries, etc. are adapted to data science platform to provide efficient enterprise solutions across various sectors.
The emergence of unified, multidisciplinary cloud-based development environments assist the data scientist to enhance data science skills, and collaborate the machine learning and analytics into the core business. Data science platforms are used as an approach in order to find concealed bits of knowledge from large measures of classified and unstructured information, utilizing techniques such as insights, machine learning, predictive analytics, and data mining. This area consists of different branches which help to identify changes in the way organizations solve the issues and gain competitive advantage. The growth of analytics apps and APIs which are accessed on browser and device is the recent trend in data service platform market.
Data explosion, lack of domain expertise and lack of analytical capabilities are few challenges in the data science platform market.
Data Science Platform: Market Segmentation
Based on the application data science platform market is segmented into healthcare and life science, automotive, manufacturing, banking, financial service and insurance (BFSI), information technology and telecommunications, media and entertainment, retail and consumer goods, energy and utilities, transportation and logistics and government. Based on business function, it is segmented into marketing, logistics, operations and Human resources. Data science platform market is segmented based on deployment type such as on premises and on-demand.
Data Science Platform: Competition Landscape
Some of the prominent players offering the data science platform are Cloudera Inc., RapidMiner, Inc., Domino Data Lab, Inc., Kaggle Inc., Yhat Inc., Micropole S.A., Dataiku SAS, Continuum Analytics, Inc., C&F Insight technology solutions, Civis Analytics, Inc., and IBM Corporation.
Data Science Platform: Key Developments
In 2016, IBM Corporation launched IBM Watson Data Platform, a cloud-based data ingestion engine in order to enhance its data analytics platform.
Data Science Platform: Regional Outlook
Among various regions, the data science platform market in Latin America and Asia Pacific is expected to witness significant growth during the forecast period. This is due the growing demand for machine learning, big data, cloud applications, etc. across various end-use verticals.
To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/14752
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology, and applications.
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Science Platform Market to Witness Exponential Growth by 2025 here
News-ID: 540253 • Views: …
More Releases from Persistence Market Research
Coconut Oil Market Size Worth US$6.8 Billion by 2033 Driven by Health and Food D …
The global coconut oil market is positioned for steady expansion over the coming decade, supported by rising consumer awareness, diversified applications, and sustained demand across food, personal care, and industrial sectors. The market size is likely to be valued at approximately US$4.9 billion in 2026 and is expected to reach US$6.8 billion by 2033. This growth trajectory reflects a compound annual growth rate (CAGR) of 4.8% during the forecast period…
Fillings & Toppings Market Value US$41.9Bn by 2033 Driven by Bakery Demand Trend …
The global fillings & toppings market continues to demonstrate steady expansion, driven by evolving consumer preferences, innovation in food formulations, and the rapid growth of the bakery, confectionery, and ready-to-eat food sectors. According to recent industry assessments, the global fillings & toppings market size is likely to be valued at approximately US$ 31.2 billion in 2026 and is projected to reach nearly US$ 41.9 billion by 2033. This growth trajectory…
Millimeter Wave Body Scanner Market Projected to Reach US$999.3 Million by 2033, …
The millimeter wave body scanner market has emerged as a crucial segment within the global security and screening industry. These advanced scanners utilize non-ionizing millimeter wave technology to detect concealed threats such as weapons, explosives, and other prohibited items on individuals without physical contact. As airports, transportation hubs, and critical infrastructure facilities expand globally, the demand for high-throughput, non-invasive screening solutions has accelerated. The global market, valued at US$571.9 million…
Industrial Automation and Control System Market Projected to Reach US$12.4 Billi …
The industrial automation and control system market has emerged as a cornerstone of modern manufacturing and industrial operations. Automation solutions, which include programmable logic controllers (PLCs), distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, and robotics, are increasingly being adopted to optimize production processes, enhance operational efficiency, and improve workplace safety. The global market, valued at US$209.2 billion in 2026, is projected to reach US$390.5 billion by…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
