Frequently Asked Questions:
Many businesses throughout the world started work-from-home policies for their staff during the COVID-19 pandemic, which increased demand for data science systems to manage organizations’ vital information and opened up lucrative market opportunities. Additionally, governments from many nations have embraced data science to update real-time coronavirus data and derive useful insights from the data.
North America accounted for the highest share in the global Data Science Platform market.
The need for technologies that can boost businesses’ productivity and efficiency is increasing as they expand. Technologies like artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) are everywhere, and their acceptance is accelerating the use of platforms and software are the major factors driving the growth of the market.
Rotary steerable system had a major share in 2021 with around 70% of the market revenue share. Besides, it is also projected to witness the fastest growth.
The healthcare and life sciences segment had a major share in the global market.