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Data Science Platform Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

November 2022 | 145 pages | ID: DB12B56FE5BDEN
IMARC Group

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The global data science platform market size reached US$ 6.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36.5 Billion by 2027, exhibiting a growth rate (CAGR) of 32.64% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

A data science platform is a cohesive software framework that offers fundamental building blocks to create and incorporate data science solutions into business processes, infrastructure, and products. These solutions include integrating and exploring data, and coding, building, and deploying models through applications or reports. A data science platform makes the entire dataset available in a centralized location and enables effective team collaboration and communication. Consequently, organizations from different industry verticals are nowadays deploying data science platforms to expand tool flexibility, improve data connectivity, compute resource scalability, and support a centralized business administration for core operations.

One of the primary factors encouraging the adoption of data science platforms globally is the growing emphasis of companies on becoming agile and competitive in the changing marketplace dynamics. Data science platforms offer a consistent and integrated solution for building, managing and optimizing predictive models. In the healthcare sector, with the growing amount of data, from electronic medical records (EMR) and clinical databases to personal fitness trackers, medical professionals increasingly rely on these platforms to diagnose diseases faster, practice preventive medicine and explore new treatment options. Other factors influencing the market growth are the emerging trend of autonomous vehicles, the rising need to maximize logistics efficiency, and the growing entertainment industry. Apart from this, the increasing utilization of online banking services, along with the rising instances of cybersecurity, are anticipated to expand the usage of data science platforms in the banking, financial services, and insurance (BFSI) sector to detect fraudulent activities and prevent cyberattacks.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global data science platform market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on component, application and vertical.

Breakup by Component:

Software
Services

Breakup by Application:

Marketing and Sales
Logistics
Finance and Accounting
Customer Support
Others

Breakup by Vertical:

IT and Telecommunication
Healthcare
BFSI
Manufacturing
Retail and E-Commerce
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Alteryx Inc., Cloudera Inc., Dataiku Inc., Google LLC (Alphabet Inc.), H2O.ai Inc., International Business Machines Corporation, Microsoft Corporation, RapidMiner Inc., SAP SE, SAS Institute Inc., The MathWorks Inc. and TIBCO Software Inc.

Key Questions Answered in This Report:
How has the global data science platform market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global data science platform market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the application?
What is the breakup of the market based on the vertical?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global data science platform market and who are the key players?
What is the degree of competition in the industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL DATA SCIENCE PLATFORM MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1 Software
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Services
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY APPLICATION

7.1 Marketing and Sales
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Logistics
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Finance and Accounting
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Customer Support
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 Others
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY VERTICAL

8.1 IT and Telecommunication
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Healthcare
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 BFSI
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Manufacturing
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Retail and E-Commerce
  8.5.1 Market Trends
  8.5.2 Market Forecast
8.6 Others
  8.6.1 Market Trends
  8.6.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Alteryx Inc.
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
    14.3.1.3 Financials
  14.3.2 Cloudera Inc.
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
    14.3.2.3 Financials
  14.3.3 Dataiku Inc.
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
  14.3.4 Google LLC (Alphabet Inc.)
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 SWOT Analysis
  14.3.5 H2O.ai Inc.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 International Business Machines Corporation
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 Financials
    14.3.6.4 SWOT Analysis
  14.3.7 Microsoft Corporation
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
    14.3.7.3 Financials
    14.3.7.4 SWOT Analysis
  14.3.8 RapidMiner Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio
  14.3.9 SAP SE
    14.3.9.1 Company Overview
    14.3.9.2 Product Portfolio
    14.3.9.3 Financials
    14.3.9.4 SWOT Analysis
  14.3.10 SAS Institute Inc.
    14.3.10.1 Company Overview
    14.3.10.2 Product Portfolio
    14.3.10.3 SWOT Analysis
  14.3.11 The MathWorks Inc.
    14.3.11.1 Company Overview
    14.3.11.2 Product Portfolio
  14.3.12 TIBCO Software Inc.
    14.3.12.1 Company Overview
    14.3.12.2 Product Portfolio
    14.3.12.3 SWOT Analysis

LIST OF TABLES

Table 1: Global: Data Science Platform Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Data Science Platform Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Data Science Platform Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Data Science Platform Market Forecast: Breakup by Vertical (in Million US$), 2022-2027
Table 5: Global: Data Science Platform Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Data Science Platform Market: Competitive Structure
Table 7: Global: Data Science Platform Market: Key Players

LIST OF FIGURES

Figure 1: Global: Data Science Platform Market: Major Drivers and Challenges
Figure 2: Global: Data Science Platform Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Data Science Platform Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Data Science Platform Market: Breakup by Component (in %), 2021
Figure 5: Global: Data Science Platform Market: Breakup by Application (in %), 2021
Figure 6: Global: Data Science Platform Market: Breakup by Vertical (in %), 2021
Figure 7: Global: Data Science Platform Market: Breakup by Region (in %), 2021
Figure 8: Global: Data Science Platform (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Data Science Platform (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Data Science Platform (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Data Science Platform (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Data Science Platform (Marketing and Sales) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Data Science Platform (Marketing and Sales) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Data Science Platform (Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Data Science Platform (Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Data Science Platform (Finance and Accounting) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Data Science Platform (Finance and Accounting) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Data Science Platform (Customer Support) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Data Science Platform (Customer Support) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Data Science Platform (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Data Science Platform (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Data Science Platform (IT and Telecommunication) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Data Science Platform (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Data Science Platform (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Data Science Platform (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Data Science Platform (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Data Science Platform (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Data Science Platform (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Data Science Platform (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Data Science Platform (Retail and E-commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Data Science Platform (Retail and E-commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Data Science Platform (Other Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Data Science Platform (Other Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: North America: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: North America: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: United States: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: United States: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Canada: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Canada: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Asia-Pacific: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Asia-Pacific: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: China: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: China: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: Japan: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: Japan: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: India: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: India: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: South Korea: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: South Korea: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: Australia: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: Australia: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Indonesia: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Indonesia: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: Others: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: Others: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: Europe: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: Europe: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Germany: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Germany: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: France: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: France: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: United Kingdom: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: United Kingdom: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Italy: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Italy: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Spain: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Spain: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: Russia: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: Russia: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Others: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: Others: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Latin America: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Latin America: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Brazil: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Brazil: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Mexico: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Mexico: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Middle East and Africa: Data Science Platform Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Middle East and Africa: Data Science Platform Market: Breakup by Country (in %), 2021
Figure 82: Middle East and Africa: Data Science Platform Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Global: Data Science Platform Industry: SWOT Analysis
Figure 84: Global: Data Science Platform Industry: Value Chain Analysis
Figure 85: Global: Data Science Platform Industry: Porter's Five Forces Analysis


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