The market for data science and analytics services is experiencing robust growth worldwide, driven by the urgency for data-driven decision making in businesses. In 2024, the global “big data and analytics services” market is estimated around $151–170 billion and growing at double-digit CAGRsthebusinessresearchcompany.com. Forecasts project it could more than double by the late 2020s, reaching $365+ billion by 2029 as organizations invest heavily in analytics capabilitiesthebusinessresearchcompany.com. This expansion is fueled by a “data explosion” and the competitive need for insights, as well as regulatory compliance pressures that require advanced data managementthebusinessresearchcompany.com. Major trends shaping the market over the next few years include: