Download PDFJanuary 2023
Market Update: Data Science & Analytics Q4 2022
The Data Science and Analytics sector proved to be a demanding industry throughout 2022 as there was a large push by private equity firms and global strategics to invest heavily in data and analytics practices to keep pace with growing market demand. The increasing demand for assets with advanced data and analytics capabilities resulted in a massive increase in M&A transactions during Q4 2022, with many large notable transactions completed, such as Aspirent and Tredence. 7 Mile expects the underlying M&A trends in the Data Science and Analytics sector heading into 2023.
Deal volumes and valuations remain strong and high as strategic and financial buyers have been aggressively investing in emerging data and cloud analytics spaces. In particular, the global big data and business analytics market has been a demanding industry by investors and is currently valued at $254.0b globally. Moreover, the market is expected to reach $684.1b by 2030, growing at 13.5% CAGR during the period.
7MA has completed several 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 Tim Frye, Garth Martin, or Ilia Ulianchuk if you would like to learn more about Data Science and Analytics.
