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Data Science Platform Market to Surpass $284 Bn by 2031 as Cloud Solutions Held 67%+ Share in 2025, Says a 2026 Mordor Intelligence Report

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IBM Mentioned as a major company in the application platform market, which is expected to see steady adoption and investment. CRM Mentioned as a major company in the application platform market, which is expected to see steady adoption and investment. ORCL Mentioned as a major company in both the open-source service market and the application platform market, both showing growth. MSFT Mentioned as a major company in the application platform market, which is expected to see steady adoption and investment. SAP Mentioned as a major company in the application platform market, which is expected to see steady adoption and investment. CSCO Mentioned as a major company in the open-source service market, which is witnessing steady expansion. HPE Mentioned as a major company in the open-source service market, which is witnessing steady expansion.

Data Science Platform Market to Surpass $284 Bn by 2031 as Cloud Solutions Held 67%+ Share in 2025, Says a 2026 Mordor Intelligence Report Hyderabad, India, March 13, 2026 (GLOBE NEWSWIRE) -- According to a new report published by Mordor Intelligence, the data science platform market is witnessing strong expansion as organizations increasingly adopt advanced analytics, artificial intelligence (AI), and machine learning technologies to improve decision-making and operational efficiency.

The data science platform market size is projected to grow from USD 109 billion in 2025 to USD 132.19 billion in 2026, and further reach USD 284.37 billion by 2031, registering a CAGR of 16.56% during 2026–2031. This significant data science platform market growth is largely attributed to the rapid digital transformation of enterprises, growing adoption of cloud-based analytics platforms, and the increasing demand for predictive analytics across industries. As organizations seek scalable tools for data-driven decision-making, the data science platform industry is becoming a critical component of modern enterprise technology ecosystems.

Key Technology Trends Driving the Data Science Platform Industry

Hybrid Edge-Cloud Analytics Transforming Manufacturing Operations

Manufacturers are increasingly blending edge computing with cloud analytics to create more flexible data science environments. Data collected from factory equipment is processed locally for quick insights, while cloud platforms are used to refine and retrain models. This approach improves predictive maintenance, reduces production delays, and enables faster quality inspection. Many companies are also adopting federated learning systems that allow organizations to collaborate on model improvements while keeping sensitive operational data within their own facilities.

Open-Source Ecosystems Reshaping Data Science Platforms

The growing popularity of open-source machine learning tools is transforming how data science platforms are built and adopted. Organizations increasingly rely on widely used programming environments and frameworks to develop AI models while looking to vendors for orchestration, governance, and enterprise support. However, concerns around security and compliance in community packages are pushing many enterprises toward commercial distributions that provide additional safeguards and managed support. As large cloud providers integrate these tools into their platforms, competition among specialized AI vendors is becoming more intense.

“Enterprise adoption of integrated data science platforms reflects a broader shift toward operationalizing advanced analytics across business functions," says Ashish Gautam, Senior Research Manager, Mordor Intelligence. "Our study combines consistently updated datasets with structured market validation, giving decision-makers a balanced, evidence-based view of how this rapidly evolving technology landscape is developing.”

Discover comprehensive insights and stay ahead of the latest industry trends, including the Japanese edition for in-depth localized analysis: https://www.mordorintelligence.com/ja/industry-reports/data-science-platform-market?utm_source=globenewswire

Data Science Platform Market Segmentation Analysis

By Product Offering

By Deployment

By Enterprise Size

By End-user Industry

By Geography

For a full breakdown of market size, segmentation data, and competitive intelligence, access all details of the Mordor Intelligence report: https://www.mordorintelligence.com/ja/industry-reports/data-science-platform-market?utm_source=globenewswire

Key Regional Drivers of Data Science Platform Market Growth

North America continues to lead the adoption of advanced analytics and AI platforms, supported by strong investments from technology companies and a highly developed cloud infrastructure ecosystem. Government initiatives promoting responsible AI use and governance frameworks are also encouraging organizations to adopt secure and compliant data science platforms across industries.

Meanwhile, the Asia-Pacific region is experiencing rapid momentum as governments and enterprises expand their investments in artificial intelligence infrastructure, cloud computing, and digital transformation initiatives. Countries across the region are supporting domestic innovation, strengthening data capabilities, and promoting AI research, which is accelerating enterprise adoption of data science platforms in multiple sectors.

Competitive Landscape of the Data Science Platform Industry

The data science platform industry is highly competitive, with major technology companies investing in AI-powered analytics and advanced data management capabilities. Key players operating in the data science platform market include:

These companies are focusing on product innovation, strategic partnerships, and cloud-based analytics capabilities to strengthen their data science platform market share and expand their global presence.

Explore more insights on the data science platform competitive landscape: https://www.mordorintelligence.com/industry-reports/data-science-platform-market/companies?utm_source=globenewswire

Check out related reports published by Mordor Intelligence:

Open Source Service Market Size - The open-source service market is witnessing steady expansion as organizations increasingly adopt open-source technologies to reduce software costs and accelerate digital innovation. The market is projected to grow from USD 37.96 billion in 2025 to USD 44.12 billion in 2026, reaching USD 93.46 billion by 2031, supported by rising demand for enterprise support services, cloud-based deployments, and the growing adoption of open-source software across industries.

Red Hat Inc., Oracle Corporation, Cisco Systems, Inc., Infosys Limited, and Hewlett Packard Enterprise Company are the major companies operating in this market.

Read more about companies active in the open-source service market:

https://www.mordorintelligence.com/industry-reports/open-source-service-market/companies?utm_source=globenewswire

UI/UX Market Growth - The UI/UX market is experiencing rapid growth as businesses focus on improving digital experiences and customer engagement across web and mobile platforms. The market size is estimated at USD 1.98 billion in 2025, increasing to USD 2.91 billion in 2026, and is expected to reach USD 11.66 billion by 2031. Growth is driven by the rapid expansion of digital products, mobile applications, and the increasing importance of user-centered design strategies.

Application Platform Market Forecast - The application platform market is expected to register a CAGR of 7.5% during 2026–2031, reflecting steady adoption of modern development environments across enterprises. Organizations are increasingly investing in application platforms to streamline software development, enable cloud-native deployment, and support microservices-based architectures as part of broader digital transformation strategies.

IBM, Salesforce, Oracle, Microsoft, and SAP are the major companies operating in this market.

Read more about companies active in the application platform market:

https://www.mordorintelligence.com/industry-reports/application-platform-market/companies?utm_source=globenewswire

About Mordor Intelligence

Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals. With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.