Data science platform market to grow at a CAGR of 26.78% by 2027- North America will account for a significant share of the global market – Technavio

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It is estimated that the global data science platform market size will grow by USD 2,49,147 by 2022, according to Technavio.From 2022 to 2027, the number of people will grow by 71 million. It is estimated that the market will grow at a CAGR of 26.6% over the next few years.Within the forecast period, the market is expected to grow by 78%. There is historic market data from 2017 to 2021 included in the report. It is estimated that the market was valued at USD 37,419 in 2017.A total of 53 millions of people have been affected. Geographically, the global data science platform market can be divided into five segments: North America, Europe, the Asia-Pacific region, South America, and the Middle East and Africa.. A comprehensive analysis of the global data science platform market, providing actionable insights and estimating the contribution of all regions to the growth of the market, is provided in the report. The North American market will account for a significant portion of the global market during the forecast period. The growth of the data science platform market in North America is driven by the increase in data generation across various industries, including retail, banking, financial services, healthcare, and the public sector, due to the increase in digital transformation, which is a result of the digitization of the workplace, the use of mobile applications and websites, the use of online transactions, the sale of online products, and the virtualization of desktops.. The majority of banks in the United States are leveraging data science technologies in order to gain a competitive edge over their competitors in the industry. As one of the most popular applications of data science, the Big Data analytics services, which are considered to be the most popular, help firms to achieve real-time marketing, integration of e-commerce platforms with payment processing, and facilitate the small loans and microloans market in the United States.. Therefore, the increased adoption of big data analytics in the financial services sector is expected to enhance the growth of the financial services spending market in North America, which will in turn, be expected to drive the growth of the market in the region as a whole.. Moreover, the report includes a comprehensive analysis of growth opportunities at regional levels, new product launches, the latest trends, and the post-pandemic recovery of the global market in general.. Please feel free to request a sample report if you would like to gain more insight into the market
 Please feel free to request a sample report if you would like to gain more insight into the market
Five forces analysis of the global data science platform marketThe global data science platform market is fragmented, and the five forces analysis looks at: 
Data science platforms market - Five Forces Analysis The data science platform market in the global context is fragmented, and the five forces analysis covers the following aspects: 
The global market for data science platforms - Customer landscape 
In the report, we discuss the market's adoption lifecycle from an innovator's point to a laggard's point. It focuses on the adoption rates in different regions based on penetration and it focuses on the adoption rate for each region. Moreover, the report also includes key purchase criteria and drivers of price sensitivity to assist companies in evaluating and developing their growth strategies.
Market segmentation assessment for the global data science platform market
Technavio has segmented the market based on the components (Platforms and Services), as well as the deployment (On-premises and in the Cloud). 
The global data science platform market - Market DynamicsKey factors driving the growth of this market
Trends that are influencing the market in the near future 
Market growth is being hindered by a number of major challenges
What are the key data points covered in this report on the data science platform market?
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Our company, USTechnavio, is a leading global technology research and advisory company that provides a variety of services. Research and analysis conducted by their team focuses on emerging market trends and provides actionable insights to businesses in order to help them identify market opportunities and develop effective strategies to optimize their market positions in the near future.. A Technavio report library consists of over 17,000 reports, covering 800 technologies, spanning 50 countries with the expertise of more than 500 specialized analysts.. A large percentage of their client base is comprised of enterprises of all sizes, including more than 100 Fortune 500 companies. In order to identify opportunities in existing and potential markets, as well as assess their competitive positions within changing market scenarios, Technavio offers its clients comprehensive coverage, extensive research, and actionable market insights to assist them in identifying opportunities and assessing their competitive positions within changing market circumstances.
In order to identify opportunities in existing and potential markets, as well as assess their competitive positions within changing market scenarios, Technavio offers its clients comprehensive coverage, extensive research, and actionable market insights to assist them in identifying opportunities and assessing their competitive positions within changing market circumstances.
The following contact information will help you reach Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
The source of this information is Technavio
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