How would you define the segment in which these companies interact: (1) deepsense.io (2) cnvrg.io (3) pachyderm.io (4) missinglink.ai. And what is the market size potential (TOM Total Obtainable Market) of THIS SEGMENT, and actual market size, TAM - total addressable market as of 2017.
Hello! Thanks for your question regarding the segment under which Deepsense, Cnvrg, Pachyderm and Missinglink fall under along with the obtainable market size and addressable market size of this segment. These companies fall under the data science platforms market. The data science platform market $19.5 billion in 2016. By 2021, this market is estimated to reach about $101 billion and by 2025, it will grow till $385 billion. Below you will find a deep dive of our findings.
In order to answer this request, we looked at the products and solutions offered by each of these players. Using this we were able to identify the segment under which these companies fall under. We then studied the larger segment to obtain the market size and the major players in this market.
We studied the websites of Deepsense, Cnvrg, Pachyderm and Missinglink for their products and solutions. We found that all these companies provide platforms for the deep learning and artificial intelligence software developers and data scientists to run and track their experiments. The difference in their products is in terms of their supported libraries, open source methodology and containers for development. Looking at this data, we could conclude that the major segment that these companies fall under would be data science platforms with sub-segments of analytics, development, project lifecycle and DevOps. In order to ensure that we got the segment right, we then took a top-down approach by looking at top-players of this market like h2o.ai, dataiku to see if the products and solutions offered by these companies are similar to the ones offered by the companies mentioned in the request. We found that these are similar and hence studied the data science platforms market.
The data science platforms market was estimated to be about $19.5 billion in 2016. By 2021, this market is estimated to reach about $101 billion and by 2025, it will grow till $385 billion. The CAGR is estimated to be about 39% for the growth from 2016-2021 and from 2021-2025.
The verticals under which this sector operates are for healthcare, retail, manufacturing, energy, etc. The target audience categories as mentioned earlier for this market are IT service providers, data scientists, analytics personnel, developers etc.
Currently, the leaders in this market are IBM and SAS whereas the visionary companies in this market mentioned in the Gartner Magic Quadrant are H2O.ai and Dataiku.
According to Owler, the revenue earned by Deepsense is less than $1 million. For other players, we were unable to find the revenue data despite search on multiple sites such as Manta, Owler and Hoovers.
In short, the companies Deepsense, Cnvrg, Pachyderm and Missinglink fall under the data science platforms market. The data science platform market $19.5 billion in 2016. By 2021, this market is estimated to reach about $101 billion and by 2025, it will grow till $385 billion.
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