DATA SCIENCE PLATFORM MARKET GLOBAL OPPORTUNITY AND FORECAST

DATA SCIENCE PLATFORM MARKET ANALYST REVIEW Top executives have realized that the use of data science platform is extremely important and data analytics is going to shift the competitive landscape globally. Hence, organizations look at data science investments as ROI-based valuation, wherein they allocate budget for existing strategies and decide whether to invest in data acquisition, in developing a complex model or in both. Apoorv Tailang Research Analyst, ICT at AMR

CURRENT AND FUTURE MARKET SCENARIO The global data science platform market was valued at $19,621 million in The global data science platform market is projected to reach at $183,688 million by The global data science platform market growing at a CAGR of 39.6% from 2017 to The solutions segment dominated the market in The manufacturing segment is expected to register the highest CAGR during the forecast period.

TOP IMPACTING FACTORS TO MARKET GROWTH Data Explosion Data is growing in an exponential manner. About 90% of the data that currently exists in the world has been created in the past few years. Realization of Importance of Data Science Platform by Organizations Data science platforms help organizations to be proactive and predictive. It allows them to take actions to optimize outcomes rather than being reactive. Adoption of Cloud-based Solutions and Services Cloud-computing, an exciting and nascent, yet the fastest-growing technology in the data science platform industry, enables significant value addition to prominent players. Target Untapped and Emerging Markets Data science platform industry has created the opportunity to transform in all sectors. There are many untapped markets such as telecom industry, video analysis, etc., which has a promising future.

DATA SCIENCE PLATFORM MARKET SEGMENTATION BY TYPE Solutions Services BY END USER BFSI Telecommunication Transportation and Logistics Healthcare Manufacturing Others (retail, education, government, energy, and utilities) Get

DOMINATING SEGMENTS SOLUTIONS SEGMENT MANUFACTURING SEGMENT The solutions segment dominated the market in The manufacturing segment is expected to register the highest CAGR during the forecast period.

GEOGRAPHICAL OVERVIEW Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America was the highest contributor in the overall data science platform market size in 2016; however, in terms of growth, Asia-Pacific is estimated to show highest growth rate. U.S. led in terms of expenditure, on data science platform solutions and services, in 2016.

DOMINATING MARKET PLAYERS PROFILED IN THE STUDY Microsoft Corporation IBM Corporation SAS Institute Inc. SAP SE Rapid Miner Inc. Dataiku SAS Alteryx Inc. Fair ISSAC Corporation (FICO) Math Works Inc. Teradata Inc.

A Report Titled “Data Science Platform Market- Opportunities And Forecast, 2017 – 2023” has been recently published by Allied Market Research. It makes an In-depth Analysis of current trends, drivers, and restraining factors that affect Financial Ratios relevant to the industry. Company profiles for key vendors in business builds a comprehensive picture of profitable opportunities from Stakeholder’s Perspective. To Know More About Data Science Platform Market- Opportunities and Forecast Get PDF Sample Copy Follow Allied Market Research

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