Global Science Ml Platforms Market Overview:
Businesses can design and deploy their own data science and machine learning solutions using Data Science and Machine Learning Platforms. These platforms offer real-time data streaming and a more complex data pipeline, allowing massive data to be categorised into actionable and rapid data. To prepare data, build models, and operationalize analytics, these platforms are widely utilised by data scientists, business analysts, data engineers, and developers in a variety of industries. Data science and machine learning platforms are projected to become increasingly popular in numerous industries in the future years. In addition, market growth will be boosted in the coming years by technology advancements and the increase of data generation.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emergence of Augmented Intelligence and Rapid Development of Human-In-The-Loop Artificial Intelligence
Market Growth Drivers:
Growing Adoption of Cloud Deployments
Challenges:
Rising Concerns of Cyber Crime
Restraints:
Lack of Skilled Workforce
Opportunities:
Increased Adoption of the Internet of Things (IoT) Technology and Rising Awareness of Data Generation
Competitive Landscape:
The demand for Science Ml is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are IBM (United States), Microsoft Corporation (United States), TIBCO Software (United States), Samsung SDS (South Korea), Alibaba Cloud (China), Amazon Web Services (United States), Dataiku (United States), Alteryx (United States), H2O.ai, Inc. (United States) and MathWorks (United States). Additionally, following companies can also be profiled that are part of our coverage like Databricks (United States), KNIME (Switzerland) and RapidMiner, Inc (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Science Ml Platforms market by 2028. Considering Market by End User , the sub-segment i.e. IT & Telecommunication will boost the Science Ml Platforms market. Considering Market by Enterprise Size, the sub-segment i.e. Large Enterprise will boost the Science Ml Platforms market. Considering Market by Deployment, the sub-segment i.e. On-premise will boost the Science Ml Platforms market.
Latest Market Insights:
In November 2018,TIBCO Software Inc., a global leader in integration, API management, and analytics, today announced the general availability of TIBCO® Data Science on Amazon Web Services (AWS) Marketplace, the only cloud marketplace to feature this solution. This release includes a number of Machine Learning (ML) algorithms developed by TIBCO and now featured on the newly launched AWS Marketplace for Machine Learning, including models for predicting hospital readmissions, anomaly detection, and document similarity.
In May 2021 Alteryx had announced the launch of new analytics and data science automation, cloud analytics, machine learning (ML), and artificial intelligence (AI) advancements. As the demand for analytics, data science, and process automation grows as a result of digital transformation, Alteryx's commitment to enabling millions of people around the world to swiftly upskill and achieve breakthrough results from data is strengthened.
What Can be Explored with the Science Ml Platforms Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Science Ml Platforms Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Science Ml Platforms
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Science Ml Platforms market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Science Ml Platforms market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers, Backpack Traders/Distributors and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.