Data Science Platform Market Analysis, Industrial Forecast and Trends from 2016 to 2024

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Data Science Platform Market Analysis, Industrial
Forecast and Trends from 2016 to 2024 Global
Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Regional Analysis of Data Science Platform
Market

• The U.S data science platform market is expected
  to acquire a large industry share attributing to
  the presence of many capital-intensive industries
  across this region. Growing awareness of the
  benefits of these platforms, enterprises will be
  predicted to integrate the systems into their
  operational system to enable them to gain a
  competitive advantage in the marketplace.
• APAC revenue is driven by India, which is
  predicted to encounter a high growth rate due to
  exponential increase in foreign direct
  investments, lenient government policies
  encouraging the development of industrialization.
  Furthermore, digitalization, and smart city
  initiatives will intensify the adoption of these
  platforms in the region.

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• Application Analysis of Data Science Platform
  Market
• Based on application, the industry is segmented
  into BFSI, healthcare, manufacturing, media and
  entertainment, information technology and
  telecommunication, retail and consumer goods,
  government and defense, transportation and
  logistics, energy and others. The BFSI segment is
  predicted to dominate the industry over the
  forecast period. The data science platform market
  helps financial institutes to manage risks that
  arise due to poor quality of information
  collected.
• Ease of fetching of customer information from
  various channels, for instance ATMs and POS
  terminals, have increased the adoption of this
  software. The manufacturing market will also grow
  at a rapid rate owing to such technologies
  facilitating real-time analytic streaming
  acquired from sensors and devices located at the
  factory floor.
• Enterprises that have increased their focus on
  ease of use methods to propel the growth of their
  business are driving the data science platform
  market. Application of such software has enable
  the data scientists to analyze collected
  information, build models and uncover concealed
  information.

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Competitive Market Share of Data Science
Platform Market

• Players operating in the data science platform
  market include IBM Corporation, Google, Domino
  Data Lab, Sense Inc., Wolfram, Datarobot, Inc.,
  Continuum Analytics, and Rapidminer, Inc. They
  are adopting business strategies such as
  agreements, partnerships, collaborations,
  software developments and upgradations. In
  September 2016, Microsoft and Adobe entered a
  strategic partnership to boost its cloud
  capabilities that help enterprises to offer
  personalized experiences through various phases
  of customer relationship management.
• This partnership will aid businesses to empower
  their brands through Microsoft Azure, Microsoft
  Dynamics 365, and Adobe Marketing Cloud. In
  October 2016, IBM released the Watson platform to
  allow data scientists to incorporate artificial
  intelligence into businesses.

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