Updated 2025 Market Reports Released: Trends, Forecasts to 2034 – Early Purchase Your Competitive Edge Today!
What Is the Forecast for the Global Data Science Platform Market Size?
The data science platform market size has grown exponentially in recent years, rising from $120.49 billion in 2024 to $154.79 billion in 2025, with a CAGR of 28.5%. This growth can be attributed to an increase in regulatory compliance requirements, open-source ecosystem growth, and the complexity of data. Moreover, the data science platform market size is projected to see exponential growth, reaching $485.95 billion in 2029 with a CAGR of 33.1%. This forecasted growth can be connected to advancements in natural language processing (NLP), the growth of unstructured data, and the democratization of data science.
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What Factors Are Propelling Data Science Platform Market Growth?
An increase in the demand for big data analytics is one key driver expected to boost the data science platform market in the coming years. Big data analytics leverages advanced analytic techniques on a variety of structured and unstructured data gathered by businesses and entities. This helps extract important information using advanced analytics techniques and scientific principles for strategic planning and enterprise decisions. The increasing demand for these analytics is anticipated to drive the growth of the data science platform market.
What Are the Primary Segments Within the Global Data Science Platform Market?
1) By Type: Solutions, Services
2) By Deployment: Cloud-Based, On-Premises
3) By End User: BFSI, Telecommunication, Transportation And Logistics, Healthcare, Manufacturing, Other End Users
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Who Are the Major Players in the Data Science Platform Market?
The data science platform market comprises key players including Microsoft Corporation, Google LLC, IBM, Oracle Corporation, Alteryx Inc., SAP SE, Teradata Corporation, TIBCO Software Inc., RapidMiner Inc., MathWorks Inc., SAS Institute Inc., Wolfram Research Inc., Dataiku Inc., Fair Isaac Corporation (FICO), Altair Engineering Inc., DataRobot Inc., Apheris AI GmbH, Anaconda Inc., AWS, Cloudera Inc., Databricks Inc., Snowflake Inc., Accenture PLC, OpenText Corporation, Splunk Inc., NVIDIA Corporation, Sumo Logic Inc., Sisense Inc., VMware Inc., Ernst & Young (EY), Domino Data Lab Inc., WNS Global Services Pvt. Ltd., and BRIDGEi2i Analytics Solutions Pvt. Ltd.
What Are The Emerging Trends in the Data Science Platform Market?
The adoption of analytic apps is a significant developing trend in the data science platform market. Companies using data science platforms are focusing on adopting analytics applications to better understand consumer behaviour. For instance, DataRobot AI Cloud launched Google Cloud Marketplace in June 2022, integrating AI Cloud with applications and data in Google Cloud, addressing the demand for hybrid multi-cloud platforms.
Which Region Will Acquire Fastest Growth in Data Science Platform Market?
While North America dominated the data science platform market in 2024, the Asia-Pacific region is projected to be the fastest-growing region. The other regions covered in the data science platform market report include Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Data Science Platform Market Report 2025 Cover?
The data science platform refers to software used to analyse, organise, and transfer data to assist businesses in developing analytic models and managing analytic data analysis across multiple platforms. The Data Science Platform Market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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