Market Update: Data Science & Analytics Q4 2021
The Data Science and Analytics’ deal markets closed out 2021 on a high note continuing the trend of what has been an incredibly active year across the sector. 7 Mile has been noticing a strong increase over the last several years and over the previous six months, flexible data and analytics offerings are becoming pivotal and required for companies to achieve digital transformation and production. 7 Mile expects the underlying M&A trends in Data Science and Analytics to continue to rise in 2022.
Deal volumes and valuations remain high as both strategic and financial buyers have been aggressively investing in emerging data and cloud analytics spaces. Specifically, the Predictive Analytics market has been growing at an impressive 21.7% CAGR and will continue to over the next half-decade. Additionally, the Big Data Analytics market for retail players has been growing at a 23.1% CAGR since and is expected to continue at this rate through 2028.
7MA has completed numerous M&A transactions for companies across the world in the data science and analytics space and has developed unparalleled deal expertise and knowledge of the industry trends, valuation trends, and most active strategic and financial buyers. Please contact Garth Martin or Ilia Ulianchuk if you would like to learn more about Data Science and Analytics.