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DUBLIN, Oct. 26, 2021 /PRNewswire/ -- The "Global Data Science Platform Market (2021-2027) by Component, Deployment, Organization Size, Function, Industry Vertical, and Geography, Competitive Analysis, Impact of Covid-19, Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering. The Global Data Science Platform Market is estimated to be USD 43.3 Bn in 2021 and is expected to reach USD 81.43 Bn by 2027, growing at a CAGR of 11.1%.

Key factors such as a massive increase in data volume due to increasing digitalization and automation of processes have been a crucial driver in the growth of data science platform. Besides, the enterprises are increasingly focusing on analytical tools for deriving insights into consumer behavior and purchasing patterns. This, in turn, has been shaping their business decisions and strategies to compete in the market. Besides, the adoption of data science platforms has found its way in various industry verticals such as manufacturing, IT, BFSI, retail, etc. All these factors have helped in contributing to the growth of the data science platform market.

However, the costs attached to the deployment of these platforms, along with less workforce with domain expertise capabilities and threats to data privacy, has been a hindrance in the growth of the market.

Market Dynamics

Drivers

Restraints

Opportunities

Challenges

Company Profiles

Some of the companies covered in this report are Microsoft Corporation, IBM Corporation, SAS Institute, Inc., SAP SE, RapidMiner, Inc., Dataiku SAS, Alteryx, Inc., Fair Issac Corporation, MathWorks, Inc., Teradata, Inc, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

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Report Highlights:

Key Topics Covered:

1 Report Description

2 Research Methodology

3 Executive Summary

4 Market Overview4.1 Introduction 4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.2.4 Challenges4.3 Trends

5 Market Analysis5.1 Porter's Five Forces Analysis5.2 Impact of COVID-195.3 Ansoff Matrix Analysis

6 Global Data Science Platform Market, By Component6.1 Introduction6.2 Platform6.3 Services6.3.1 Managed Services6.3.2 Professional Services6.3.2.1 Training and Consulting6.3.2.2 Integration and Deployment6.3.2.3 Support and Maintenance

7 Global Data Science Platform Market, By Deployment7.1 Introduction7.2 Cloud7.3 On-premises

8 Global Data Science Platform Market, By Organization Size8.1 Introduction8.2 Large Enterprises8.3 Small and Medium-sized Enterprises

9 Global Data Science Platform Market, By Function9.1 Introduction9.2 Marketing9.3 Sales9.4 Logistics9.5 Finance and Accounting9.6 Customer Support9.7 Others

10 Global Data Science Platform Market, By Industry Verticals10.1 Introduction10.2 Banking, Financial Services, and Insurance (BFSI)10.3 Telecom and IT10.4 Retail and E-Commerce10.5 Healthcare and Life sciences10.6 Manufacturing10.7 Energy and Utilities10.8 Media and Entertainment10.9 Transportation and Logistics10.10 Government10.11 Others

11 Global Data Science Platform Market, By Geography

12 Competitive Landscape12.1 Competitive Quadrant12.2 Market Share Analysis12.3 Competitive Scenario12.3.1 Mergers & Acquisitions12.3.2 Agreements, Collaborations, & Partnerships12.3.3 New Product Launches & Enhancements12.3.4 Investments & Fundings

13 Company Profiles13.1 Microsoft Corporation13.2 IBM Corporation 13.3 Google, Inc13.4 Wolfram13.5 DataRobot Inc.13.6 Sense Inc.13.7 RapidMiner Inc. 13.8 Domino Data Lab13.9 Dataiku SAS13.10 Alteryx, Inc.13.11 Oracle13.12 Tibco Software Inc.13.13 SAS Institute Inc.13.14 SAP SE13.15 The Mathworks, Inc.13.16 Cloudera, Inc.13.17 H2O.ai13.18 Fair Issac Corporation13.19 Teradata, Inc13.20 Kaggle Inc., 13.21 Micropole S.A. 13.22 Continuum Analytics, Inc.13.23 C&F Insight technology solutions13.24 Civis Analytics, Inc.13.25 VMware Inc13.26 Alpine Data Labs,13.27 Thoughtworks Inc13.28 MuSigma13.29 Tableau Software LLC

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/do5ov7

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Worldwide Data Science Platform Industry to 2027 - Increasing Adoption of Data-Driven Technologies by Enterprises Presents Opportunities - PRNewswire