• According to India Brand Equity Foundation, the Indian Data Analytics industry is expected to hit the $118.7 billion mark by 2026.
    • As per IBEF reports, the Indian Data Analytics market is anticipated to play an integral role in driving the future of the fourth phase of industrialization. It will also witness a 33.49% increase in investments in AI and ML learning by the end of this year.
    • As per the report by Gartner, capturing, storing and using contextual data demands capabilities and skills in building data pipelines, X analytics techniques and AI cloud services that can process different data types. By 2025, context-driven analytics and AI models will replace 60% of existing models built on traditional data.
    • The global data science platform market is expected to grow to USD 695 billion by 2030 with a CAGR of 27.6% from 2021 (USD 95.31 billion), cutting-edge technologies like IoT, Artificial Intelligence (AI), cloud-based platforms, and others widen the scope of data science manifold, reported by Polaris Market Research.

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