The total amount of data created, captured, copied, and consumed globally is forecast to increase rapidly, reaching 149 zettabytes in 2024. Over the next five years up to 2028, global data creation is projected to grow to more than 394 zettabytes. In 2020, the amount of data created and replicated reached a new high. The growth was higher than previously expected, caused by the increased demand due to the COVID-19 pandemic, as more people worked and learned from home and used home entertainment options more often. Storage capacity also growing Only a small percentage of this newly created data is kept though, as just two percent of the data produced and consumed in 2020 was saved and retained into 2021. In line with the strong growth of the data volume, the installed base of storage capacity is forecast to increase, growing at a compound annual growth rate of 19.2 percent over the forecast period from 2020 to 2025. In 2020, the installed base of storage capacity reached 6.7 zettabytes.

Access the summary of the Data Center Liquid Cooling market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

Access the summary of the Data Center Cooling market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

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Data Science Platform Market Size 2025-2029

The data science platform market size is forecast to increase by USD 763.9 million at a CAGR of 40.2% between 2024 and 2029.

The market is experiencing significant growth, driven by the integration of artificial intelligence (AI) and machine learning (ML). This enhancement enables more advanced data analysis and prediction capabilities, making data science platforms an essential tool for businesses seeking to gain insights from their data. Another trend shaping the market is the emergence of containerization and microservices in platforms. This development offers increased flexibility and scalability, allowing organizations to efficiently manage their projects. 
However, the use of platforms also presents challenges, particularly In the area of data privacy and security. Ensuring the protection of sensitive data is crucial for businesses, and platforms must provide strong security measures to mitigate risks. In summary, the market is witnessing substantial growth due to the integration of AI and ML technologies, containerization, and microservices, while data privacy and security remain key challenges.

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The market is experiencing significant growth due to the increasing demand for advanced data analysis capabilities in various industries. Cloud-based solutions are gaining popularity as they offer scalability, flexibility, and cost savings. The market encompasses the entire project life cycle, from data acquisition and preparation to model development, training, and distribution. Big data, IoT, multimedia, machine data, consumer data, and business data are prime sources fueling this market's expansion. Unstructured data, previously challenging to process, is now being effectively managed through tools and software. Relational databases and machine learning models are integral components of platforms, enabling data exploration, preprocessing, and visualization.
Moreover, Artificial intelligence (AI) and machine learning (ML) technologies are essential for handling complex workflows, including data cleaning, model development, and model distribution. Data scientists benefit from these platforms by streamlining their tasks, improving productivity, and ensuring accurate and efficient model training. The market is expected to continue its growth trajectory as businesses increasingly recognize the value of data-driven insights.

How is this Data Science Platform Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Deployment

  On-premises
  Cloud


Component

  Platform
  Services


End-user

  BFSI
  Retail and e-commerce
  Manufacturing
  Media and entertainment
  Others


Sector

  Large enterprises
  SMEs


Geography

  North America

    Canada
    US


  Europe

    Germany
    UK
    France


  APAC

    China
    India
    Japan


  South America

    Brazil


  Middle East and Africa

By Deployment Insights

The on-premises segment is estimated to witness significant growth during the forecast period.

On-premises deployment is a traditional method for implementing technology solutions within an organization. This approach involves purchasing software with a one-time license fee and a service contract. On-premises solutions offer enhanced security, as they keep user credentials and data within the company's premises. They can be customized to meet specific business requirements, allowing for quick adaptation. On-premises deployment eliminates the need for third-party providers to manage and secure data, ensuring data privacy and confidentiality. Additionally, it enables rapid and easy data access, and keeps IP addresses and data confidential. This deployment model is particularly beneficial for businesses dealing with sensitive data, such as those in manufacturing and large enterprises. While cloud-based solutions offer flexibility and cost savings, on-premises deployment remains a popular choice for organizations prioritizing data security and control.

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The on-premises segment was valued at USD 38.70 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 48% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low was 1.80000 Fourth Qtr. to Fourth Qtr. % Chg. in January of 2027, according to the United States Federal Reserve. Historically, United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low reached a record high of 5.50000 in January of 2021 and a record low of -2.50000 in January of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, Low - last updated from the United States Federal Reserve on March of 2025.

The market for artificial intelligence grew beyond 184 billion U.S. dollars in 2024, a considerable jump of nearly 50 billion compared to 2023. This staggering growth is expected to continue with the market racing past 826 billion U.S. dollars in 2030. AI demands data Data management remains the most difficult task of AI-related infrastructure. This challenge takes many forms for AI companies. Some require more specific data, while others have difficulty maintaining and organizing the data their enterprise already possesses. Large international bodies like the EU, the US, and China all have limitations on how much data can be stored outside their borders. Together these bodies pose significant challenges to data-hungry AI companies. AI could boost productivity growth Both in productivity and labor changes, the U.S. is likely to be heavily impacted by the adoption of AI. This impact need not be purely negative. Labor rotation, if handled correctly, can swiftly move workers to more productive and value-added industries rather than simple manual labor ones. In turn, these industry shifts will lead to a more productive economy. Indeed, AI could boost U.S. labor productivity growth over a 10-year period. This, of course, depends on a variety of factors, such as how powerful the next generation of AI is, the difficulty of tasks it will be able to perform, and the number of workers displaced.

Graph and download economic data for FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Range, High (GDPC1RH) from 2025 to 2027 about projection, real, GDP, rate, and USA.

The size of the Data Center Switch Market was valued at USD XXX XXX in 2023 and is projected to reach USD 0.00 XXX by 2032, with an expected CAGR of 5.80% during the forecast period. The market for a data center switch is growing due to the acceptance of cloud computing, artificial intelligence, and big data analytics. Data center switches are an essential component of a network that route data traffic properly with high speeds and minimal latencies in enterprises and hyperscale data centers. The switches enable multiple architectures in spine-leaf and multi-tier networking to allow greater scalability and performance. The major growth drivers for the market include high-bandwidth applications, the shift towards SDN, and hyperscale data center growth. There's now growing demand for 400G and beyond toward increasing data traffic, 5G, edge computing, and Internet of Things. Great leaders in technology are upscaling and inculcating efficiency in switching, security, and especially automation in meeting the evolving industry's demands. Despite good growth prospects, the market has high infrastructure costs, power consumption issues, and complex network management. Cybersecurity risks and evolving data privacy regulations demand strong security measures to ensure safe and reliable data transmission. Emerging trends will include the adoption of AI-driven network optimization, energy-efficient switch designs, and open networking solutions for interoperability flexibility. It is expected to be a key enabler of the burgeoning demand for digital transformation in the coming years by the organizations. Recent developments include: September 2021 The QFX5700 Series Switch, a new Juniper Networks device, was launched. It is a versatile midsize platform that supports a variety of use cases by allowing the combination of line cards with a selection of interface options from 10G to 400G.. Notable trends are: Rising demand for simplified data center management and automation system is driving the market growth.

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Backup-As-A-Service Market Size 2025-2029

The backup-as-a-service market size is forecast to increase by USD 53.81 billion at a CAGR of 38.4% between 2024 and 2029.

The market is experiencing significant growth due to several key trends. The increasing shift from capital expenditures (CAPEX) to operational expenditures (OPEX) is driving the demand for BaaS solutions. Additionally, the exponential growth in data volumes necessitates efficient and reliable backup solutions. Digital transformation is a significant factor fueling the adoption of BaaS, with advanced technologies such as artificial intelligence (AI), machine learning (ML), virtualization, and cloud computing creating numerous use cases. However, the market also faces challenges such as potential implementation failures, which can lead to data loss and downtime. To mitigate these risks, BaaS providers must focus on offering strong and secure solutions, ensuring seamless implementation, and providing excellent customer support. By addressing these trends and challenges, the market is poised for continued growth in the coming years. Organizations in North America are increasingly adopting BaaS to manage their data backup needs, making it a lucrative market for providers.

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Backup-as-a-Service (BaaS) has emerged as a critical solution for enterprises seeking strong data protection in today's complex IT infrastructure landscape. With the increasing prevalence of SaaS workloads and virtualized infrastructure, traditional backup methods are no longer sufficient. BaaS offers enterprises a cost-effective and efficient alternative to managing their IT infrastructure's data protection in-house. Customer interest in BaaS is on the rise due to its ability to safeguard against various threats, including ransomware attacks, unauthorized access, corruption, hacking, theft, and human error. BaaS providers offer geographical presence and support capabilities that cater to businesses with global operations. Enterprise backup requirements demand advanced features such as data migration, disaster recovery, and hybrid cloud support.



BaaS solutions provide these capabilities, ensuring business continuity and minimizing downtime. The flexibility of BaaS allows for offsite cloud storage, reducing the risk of data loss due to catastrophic errors or natural disasters. BaaS offers several advantages over traditional backup methods. It eliminates the need for IT staff to manage backup processes, freeing up resources for other critical tasks. Additionally, BaaS solutions offer scalability, enabling businesses to easily increase their backup frequency and storage capacity as their data grows. Data protection is a top priority for businesses, and BaaS provides a comprehensive solution for safeguarding files, images, and data sets.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Large enterprises
  SMEs


Application

  Online backup
  Cloud backup


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan
    South Korea


  Europe

    Germany
    UK
    France
    Italy


  South America



  Middle East and Africa

By End-user Insights

The large enterprises segment is estimated to witness significant growth during the forecast period.

Backup-as-a-Service (BaaS) has gained significant traction among large enterprises due to the increasing complexity of data management and the necessity for reliable data protection. With massive volumes of data, enterprises require comprehensive and scalable backup solutions. BaaS providers offer flexibility to accommodate data growth without the burden of acquiring and managing additional hardware. The benefits of BaaS extend beyond cost-effectiveness, as it ensures data resilience, compliance, and operational efficiency. Data loss due to human error, cyberattacks, catastrophic errors, or workload overload can result in substantial financial and reputational damage.

.Furthermore, BaaS solutions provide redundancy, ensuring data is protected from potential threats and silos, enabling seamless data recovery. Internal IT teams can focus on core business functions, while BaaS providers manage backup infrastructure, allowing for simplified data management and improved business continuity.

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The large enterprises segment was valued at USD 2.07 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is estimated to contribute 32% to the

Global Simplified Voyage Data Recorder SVDR market size 2025 was XX Million. Simplified Voyage Data Recorder SVDR Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

As of March 2024, there were a reported 5,381 data centers in the United States, the most of any country worldwide. A further 521 were located in Germany, while 514 were located in the United Kingdom. What is a data center? A data center is a network of computing and storage resources that enables the delivery of shared software applications and data. These centers can house large amounts of critical and important data, and therefore are vital to the daily functions of companies and consumers alike. As a result, whether it is a cloud, colocation, or managed service, data center real estate will have increasing importance worldwide. Hyperscale data centers In the past, data centers were highly controlled physical infrastructures, but the cloud has since changed that model. A cloud data service is a remote version of a data center – located somewhere away from a company's physical premises. Cloud IT infrastructure spending has grown and is forecast to rise further in the coming years. The evolution of technology, along with the rapid growth in demand for data across the globe, is largely driven by the leading hyperscale data center providers.

Data Set S1 - Growth kinetics summary data. Tables S1 and S2 - Significantly upregulated V. alginolyticus endometabolites detected during iron supplementation and iron starvation experiments. These data are available thru open access journal - https://doi.org/10.1128/spectrum.02680-23. Please contact the corresponding author directly for reuse. This dataset is associated with the following publication: Norfolk, W., C. Shue, W. Henderson, D. Glinski, and E. Lipp. Vibrio alginolyticus growth kinetics and the metabolic effects of iron. Microbiology Spectrum. American Society for Microbiology, Washington, DC, USA, 11(6): e0268023, (2023).

United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median was 1.80000 Fourth Qtr. to Fourth Qtr. % Chg. in December of 2024, according to the United States Federal Reserve. Historically, United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median reached a record high of 2.00000 in September of 2015 and a record low of 1.80000 in September of 2016. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Median - last updated from the United States Federal Reserve on March of 2025.

Access the summary of the Singapore Intelligence Data Processing market report, featuring key insights, executive summary, market size, CAGR, growth rate, and future outlook.

Graph and download economic data for Longer Run FOMC Summary of Economic Projections for the Growth Rate of Real Gross Domestic Product, Central Tendency, High (GDPC1CTHLR) from 2009-02-18 to 2025-03-19 about projection, real, GDP, rate, and USA.

This page provides data for the 3rd Grade Reading Level Proficiency performance measure.The dataset includes the student performance results on the English/Language Arts section of the AzMERIT from the Fall 2017 and Spring 2018. Data is representive of students in third grade in public elementary schools in Tempe. This includes schools from both Tempe Elementary and Kyrene districts. Results are by school and provide the total number of students tested, total percentage passing and percentage of students scoring at each of the four levels of proficiency. The performance measure dashboard is available at 3.07 3rd Grade Reading Level Proficiency.Additional InformationSource: Arizona Department of EducationContact: Ann Lynn DiDomenicoContact E-Mail: Ann_DiDomenico@tempe.govData Source Type: Excel/ CSVPreparation Method: Filters on original dataset: within "Schools" Tab School District [select Tempe School District and Kyrene School District]; School Name [deselect Kyrene SD not in Tempe city limits]; Content Area [select English Language Arts]; Test Level [select Grade 3]; Subgroup/Ethnicity [select All Students] Remove irrelevant fields; Add Fiscal YearPublish Frequency: Annually as data becomes availablePublish Method: ManualData Dictionary

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Modular Data Centers Market Size 2024-2028

The global modular data centers market size is forecast to increase by USD 42.56 billion, at a CAGR of 19.8% between 2023 and 2028. The need to streamline traditional data centers is a major factor fueling market growth. Today, companies running single conventional data centers grapple with complex management and soaring capital costs due to sophisticated power and cooling systems. With the current economic recession, businesses are increasingly seeking cost-effective and scalable solutions. Modular data centers, with their standardized, portable designs, provide an ideal alternative that can be quickly deployed. Mobile network operators and colocation providers are among the leading users of these solutions. These modular setups are more environmentally friendly, thanks to their energy-efficient HVAC systems and IT equipment. As big data, AI, cloud computing, 5G, and IoT applications require higher operating temperatures, the flexibility and scalability of modular designs become even more crucial.

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Market Segmentation

By End-user

IT and Telecom is the Leading Segment to Dominate the Market

The IT and telecom segment is estimated to witness significant growth during the forecast period. In the global market, Modular Data Centers hold a significant share, particularly in the IT and telecom sector. These centers are essential for providing the required computing power and storage for various applications and services in the industry. With the rise of cloud computing, the demand for data centers has escalated, as businesses seek to access resources without substantial capital expenditure. The IT and telecom segment was the largest and was valued at USD 4.02 billion in 2018. The influx of data from businesses and individuals necessitates data centers capable of handling vast amounts of information. Recession or not, Modular Data Centers offer scalability and rapid deployment, making them attractive to mobile network providers and data center colocation providers. Green data centers, with their standard design and cooling systems, are increasingly popular due to their energy efficiency. Big data, AI, cloud computing, 5G infrastructure, Internet of things, and cloud-based solutions are driving the market's growth.

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North America Holds a Prominent Position in the Market

North America is estimated to contribute 30% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The Edge computing trend is driving the growth of the market in the US and Canada, particularly in the BFSI industry. Large enterprises are shifting towards energy-efficient data centers to minimize costs and CAPEX, opting for cloud solutions from hyperscale providers like AWS, Microsoft, and Oracle. As of 2021, the US hosts over 2,670 data centers, making it the global leader. Quicksilver Capital and the World Economic Forum highlight the importance of digital transformation in this context. These offer Scalable data centers for large enterprises, enabling them to meet their computing capacity requirements efficiently.

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Market Dynamics and Customer Landscape

They have emerged as a popular solution for businesses seeking scalability and rapid deployment during times of economic uncertainty, such as a recession. These data centers utilize a modular design, allowing for easy expansion and contraction based on demand. Green data centers, which prioritize energy efficiency, are a key focus in the modular data center market. Mobile network providers and large enterprises are major consumers, as they require cloud-based networking and 5G infrastructure to support digital transformation initiatives. The solutions sub-segment and services segment of the modular data center market are expected to grow significantly, as businesses increasingly turn to cloud-based solutions for their data storage and processing needs. The World Economic Forum has the importance of energy-efficient data centers in reducing carbon emissions and mitigating the environmental impact of digitalization. Quicksilver Capital and other investors have shown interest in the modular data center market, recognizing its potential for innovation and growth. Overall, the modular data center market is poised for expansion, driven by the need for scalable, energy-efficient, and quickly deployable solutions.

Key Market Driver

Requirement to reduce complexity of traditional data centers is notably driving market growth. In today's business landscape, enterprises operating a single traditional data center face

Tempe is among Arizona's most educated cities, lending to a creative, smart atmosphere. With more than a dozen colleges, trade schools and universities, about 40 percent of our residents over the age of 25 have Bachelor's degrees or higher. Having such an educated and accessible workforce is a driving factor in attracting and growing jobs for residents in the region.The City of Tempe is a member of the Greater Phoenix Economic Council (GPEC) and with the membership staff tracks collaborative efforts to recruit business prospects and locates. The Greater Phoenix Economic Council (GPEC) is a performance-driven, public-private partnership. GPEC partners with the City of Tempe, Maricopa County, 22 other communities and more than 170 private-sector investors to promote the region’s competitive position and attract quality jobs that enable strategic economic growth and provide increased tax revenue for Tempe.This dataset provides the target and actual job creation numbers for the City of Tempe and Greater Phoenix Economic Council (GPEC). The job creation target for Tempe is calculated by multiplying GPEC's target by twice Tempe's proportion of the population.This page provides data for the New Jobs Created performance measure.The performance measure dashboard is available at 5.02 New Jobs Created.Additional InformationSource:Contact: Madalaine McConvilleContact Phone: 480-350-2927Data Source Type: Excel filesPreparation Method: Extracted from GPEC monthly and annual reports and proprietary excel filesPublish Frequency: AnnuallyPublish Method: ManualData Dictionary

These data were compiled in order to represent long-term (multi-decadal) forest growth across eight different experimental forests in the United States, each with replicated levels of density treatments, as well as an important drought index correlated to growth. Forests around the world are experiencing severe droughts and elevated competitive intensity due to increased tree density. These data can be utilized to not only examine differences in within-stand competition, as well the trends and impact of drought in different forests across a broad climatic gradient, but also the influence of interactions between drought and competition on forest growth. Growth is measured as a treatment level, annual basal area increment (BAI, mm2/year). The self-calibrated Palmer Drought Severity Index (scPDSI) was used as index of annual scale drought severity and related to growth patterns.