Online data science training programs market size to grow by USD 3.76 million from 2021 to 2026, Increasing emphasis on microlearning and gamification to be a key trend - Technavio

NEW YORK, March 8, 2023 /PRNewswire/ -- According to Technavio, the global online data science training programs market size is estimated to grow by USD 3.76 million from 2021 to 2026. The market is estimated to grow at a CAGR of 25.1% during the forecast period. Moreover, the growth momentum will accelerate. The increasing emphasis on microlearning and gamification is a key trend in the market. The demand for microlearning has increased owing to the increasing adoption of mobile devices, such as tablets and smartphones. Many vendors are investing in microlearning courses that offer gamified and interactive content to engage learners, reduce cognitive load, and increase retention. For instance, DataCamp provides a mobile version that helps users engage in short video courses. Such innovations will support market growth during the forecast period. For more insights on the market - Request a sample report

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• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial  - buy the report!

Online data science training programs market - Segmentation assessment
Segment Overview
Technavio has segmented the market based on type (certification courses and professional degree courses). 

• The certification courses segment will account for a significant share of the market's growth during the forecast period. Certification courses are further divided into foundation courses and advanced courses. Foundation courses are generally free of cost. For instance, edX offers the Elements of Data Science course for free. The increasing adoption of online learning and the growing shift from traditional classroom-based courses to online degree courses are driving the growth of this segment.

Geography Overview
Based on geography, the global online data science training programs market is segmented into North America, APAC, Europe, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global online data science training programs market.

• APAC will account for 46% of the market's growth during the forecast period. China and India are the key contributors to the online data science training programs market. Moreover, market growth in this region will be faster than the growth of the market in other regions. The increasing adoption of online learning and the rise in the demand for data scientist jobs will drive the online data science training programs market growth in APAC during the forecast period

Insights on the market contribution of various segments - Download a sample report

Online data science training programs market – Market dynamics
Key factor driving market growth

• The increasing job prospects are driving the online data science training programs market growth.
• Organizations are focusing on the application of data science in business processes.
• As a result, there is a high demand for data science and analytical science professionals from the finance and insurance, professional services, and IT sectors.
• These professionals opt for online degrees or certification courses to enhance their skills in data science, such as machine learning and big data.
• Thus, the growing demand for data scientists, data developers, and data engineers is expected to drive market growth during the forecast period.

Major challenges hindering the market growth

• The advent of open-source learning materials is challenging the online data science training programs market growth.
• Open-source learning materials, such as video lectures, and MOOCs, are free of cost.
• For instance, various vendors such as KDnuggets, edX, and Udacity provide free data science courses.
• Hence, many learners prefer such courses owing to factors such as affordability.
• These factors will negatively impact the market growth during the forecast period.

Drivers and challenges have an impact on market dynamics, which can impact
businesses. Find more insights in a sample report!

What are the key data covered in this online data science training programs market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the online data science training programs market between 2022 and 2026
• Precise estimation of the size of the online data science training programs market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the online data science training programs market across North America, APAC, Europe, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of online data science training programs market vendors

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Table of contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Professional degree courses - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Professional degree courses - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Professional degree courses - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Professional degree courses - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Professional degree courses - Year-over-year growth 2021-2026 (%)

• 5.4 Certification courses - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Certification courses - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Certification courses - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Certification courses - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Certification courses - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type 
• Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.5 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 Canada - Market size and forecast 2021-2026
• Exhibit 70: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.11 India - Market size and forecast 2021-2026
• Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)

• 7.12 Germany - Market size and forecast 2021-2026
• Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 2U Inc. 
• Exhibit 89: 2U Inc. - Overview
• Exhibit 90: 2U Inc. - Business segments
• Exhibit 91: 2U Inc. - Key news
• Exhibit 92: 2U Inc. - Key offerings
• Exhibit 93: 2U Inc. - Segment focus

• 10.4 AnalytixLabs 
• Exhibit 94: AnalytixLabs - Overview
• Exhibit 95: AnalytixLabs - Product / Service
• Exhibit 96: AnalytixLabs - Key offerings

• 10.5 Coursera Inc. 
• Exhibit 97: Coursera Inc. - Overview
• Exhibit 98: Coursera Inc. - Product / Service
• Exhibit 99: Coursera Inc. - Key news
• Exhibit 100: Coursera Inc. - Key offerings

• 10.6 DataCamp Inc. 
• Exhibit 101: DataCamp Inc. - Overview
• Exhibit 102: DataCamp Inc. - Product / Service
• Exhibit 103: DataCamp Inc. - Key news
• Exhibit 104: DataCamp Inc. - Key offerings

• 10.7 Jigsaw Academy 
• Exhibit 105: Jigsaw Academy - Overview
• Exhibit 106: Jigsaw Academy - Product / Service
• Exhibit 107: Jigsaw Academy - Key offerings

• 10.8 NYC Data Science Academy 
• Exhibit 108: NYC Data Science Academy - Overview
• Exhibit 109: NYC Data Science Academy - Product / Service
• Exhibit 110: NYC Data Science Academy - Key offerings

• 10.9 Seek Ltd. 
• Exhibit 111: Seek Ltd. - Overview
• Exhibit 112: Seek Ltd. - Product / Service
• Exhibit 113: Seek Ltd. - Key offerings

• 10.10 Simplilearn Solutions Pvt. Ltd. 
• Exhibit 114: Simplilearn Solutions Pvt. Ltd. - Overview
• Exhibit 115: Simplilearn Solutions Pvt. Ltd. - Product / Service
• Exhibit 116: Simplilearn Solutions Pvt. Ltd. - Key offerings

• 10.11 Udacity Inc. 
• Exhibit 117: Udacity Inc. - Overview
• Exhibit 118: Udacity Inc. - Product / Service
• Exhibit 119: Udacity Inc. - Key news
• Exhibit 120: Udacity Inc. - Key offerings

• 10.12 Udemy Inc. 
• Exhibit 121: Udemy Inc. - Overview
• Exhibit 122: Udemy Inc. - Product / Service
• Exhibit 123: Udemy Inc. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 124: Inclusions checklist
• Exhibit 125: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 126: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 127: Research methodology
• Exhibit 128: Validation techniques employed for market sizing
• Exhibit 129: Information sources

• 11.5 List of abbreviations 
• Exhibit 130: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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