Canada Data Science Platform Market Size & Outlook

The data science platform market in Canada is expected to reach a projected revenue of US$ 2,337.8 million by 2027. A compound annual growth rate of 25.2% is expected of Canada data science platform market from 2021 to 2027.
Revenue, 2020 (US$M)
$484.2
Forecast, 2027 (US$M)
$2,337.8
CAGR, 2021 - 2027
25.2%
Report Coverage
Canada

Canada data science platform market highlights

  • The Canada data science platform market generated a revenue of USD 484.2 million in 2020 and is expected to reach USD 2,337.8 million by 2027.
  • The Canada market is expected to grow at a CAGR of 25.2% from 2021 to 2027.
  • In terms of segment, platform was the largest revenue generating component in 2020.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.

Data science platform market data book summary

Market revenue in 2020USD 484.2 million
Market revenue in 2027USD 2,337.8 million
Growth rate25.2% (CAGR from 2020 to 2027)
Largest segmentPlatform
Fastest growing segmentServices
Historical data2017 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationPlatform, Services
Key market players worldwideAlphabet Inc Class A, Microsoft Corp, International Business Machines Corp, Oracle Corp, TIBCO, SAS AB, SAP SE ADR, H2O.ai, Alteryx, MathWorks

Other key industry trends

  • In terms of revenue, Canada accounted for 9.9% of the global data science platform market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. data science platform market is projected to lead the regional market in terms of revenue in 2027.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 1,700.2 million by 2027.

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Data Science Platform Market Companies

Name Profile # Employees HQ Website

Canada data science platform market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data science platform market will help companies and investors design strategic landscapes.


Platform was the largest segment with a revenue share of 84.14% in 2020. Horizon Databook has segmented the Canada data science platform market based on platform, services covering the revenue growth of each sub-segment from 2017 to 2027.


  • Canada Data Science Platform Component Outlook (Revenue, USD Million, 2017-2027)
    • Platform
    • Services
  • Canada Data Science Platform Application Outlook (Revenue, USD Million, 2017-2027)
    • Marketing and Sales
    • Logistics
    • Finance and Accounting
    • Customer Support
    • Others (operation and HR)
  • Canada Data Science Platform Vertical Outlook (Revenue, USD Million, 2017-2027)
    • IT & Telecommunication
    • Healthcare
    • BFSI
    • Manufacturing
    • Retail
    • Energy and Utilities
    • Government
    • Others

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  • Our clientele includes a mix of data science platform market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada data science platform market, including forecasts for subscribers. This country databook contains high-level insights into Canada data science platform market from 2017 to 2027, including revenue numbers, major trends, and company profiles.

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Canada data science platform market size, by component, 2017-2027 (US$M)

Canada Data Science Platform Market Share, 2020 & 2027 (US$M)

Canada data science platform market size, by component, 2017-2027 (US$M)

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