Data Science and Predictive Analytics Market Size

  • Report ID: 3448
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Data Science and Predictive Analytics Market Size

Data Science and Predictive Analytics Market size was over USD 19.07 billion in 2024 and is projected to reach USD 179.05 billion by 2037, witnessing around 18.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of data science and predictive analytics is assessed at USD 25.24 billion.
 

The continuous improvement in global internet connectivity and countless technical developments, among other things, have greatly accelerated economic growth during the past two decades. There were more than 4.5 billion persons actively utilizing the Internet as of April 2021 across the globe.

Additionally, the ICT sector's creation of goods and services boosts economic growth and development. According to data in the database of the United Nations Conference on Trade and Development, the worldwide exports of ICT goods increased from 10.816 % in 2015 to 11.536 % in 2019.


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Author Credits:  Abhishek Verma


  • Report ID: 3448
  • Published Date: Dec 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of data science and predictive analytics is assessed at USD 25.24 billion.

The data science and predictive analytics market size was over USD 19.07 billion in 2024 and is projected to reach USD 179.05 billion by 2037, witnessing around 18.8% CAGR during the forecast period i.e., between 2025-2037. The continuous improvement in global internet connectivity and countless technical developments, among other things and development in ICT sector will boost the market growth.

North America industry is estimated to dominate majority revenue share of 35% by 2037, on account of high rate of adoption of cutting-edge technology in the region.

The major players in the market are Google LLC, Salesforce, Inc., Teradata Corporation, SAS Institute Inc., SAP India Private Limited, Oracle, BioSymetrics Inc, Cyclica Inc., IBM Corporation, Tesco PLC, Microsoft Corporation
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