Product Code: ETC4395327 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Data Science Platform market in Malaysia is growing as organizations invest in data-driven decision-making. These platforms offer integrated tools for data collection, analysis, and modeling. In Malaysia, data science platforms are instrumental in extracting actionable insights and driving innovation across industries.
The Malaysia Data Science Platform Market is expanding as organizations recognize the value of data-driven decision-making. The driver for this market is the increasing availability of big data and the need to extract valuable insights from it. Data science platforms provide tools for data collection, analysis, and modeling, empowering businesses to harness the power of data for strategic decision-making and innovation.
The data science platform market in Malaysia is challenged by the need for accessible and user-friendly platforms. Data science tools and platforms should be approachable for a wide range of users, not just data scientists. Overcoming the complexity of data science and analytics tools is vital for broader adoption.
The data science platform market in Malaysia has seen steady growth, driven by the increasing demand for data-driven insights across various industries. However, the COVID-19 pandemic significantly accelerated this trend. The outbreak underscored the importance of data analytics and predictive modeling for crisis management, healthcare, and supply chain optimization. As businesses and government agencies grappled with the challenges posed by the pandemic, they increasingly turned to data science platforms to extract actionable insights from data. This surge in demand for data science tools and platforms in Malaysia was a direct response to the unique data challenges posed by the pandemic, reaffirming the critical role of data science in modern decision-making processes.
In the rapidly evolving field of data science, Malaysia has seen the emergence of various players providing data science platforms. Notable companies in this market include Fave, a prominent technology platform offering data-driven marketing solutions and insights to businesses. Additionally, Fusionex, with its data analytics and AI expertise, is actively involved in this market, providing comprehensive data science and analytics platforms.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Data Science Platform Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Data Science Platform Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Data Science Platform Market - Industry Life Cycle |
3.4 Malaysia Data Science Platform Market - Porter's Five Forces |
3.5 Malaysia Data Science Platform Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.6 Malaysia Data Science Platform Market Revenues & Volume Share, By Business Function , 2021 & 2031F |
3.7 Malaysia Data Science Platform Market Revenues & Volume Share, By Deployment Mode, 2021 & 2031F |
3.8 Malaysia Data Science Platform Market Revenues & Volume Share, By Industry Vertical, 2021 & 2031F |
3.9 Malaysia Data Science Platform Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Malaysia Data Science Platform Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for data-driven insights in various industries in Malaysia |
4.2.2 Growing adoption of advanced technologies like AI and machine learning |
4.2.3 Government initiatives to promote digital transformation and data analytics in the country |
4.3 Market Restraints |
4.3.1 Lack of skilled data science professionals in Malaysia |
4.3.2 Data privacy and security concerns among businesses and consumers |
4.3.3 High initial investment costs for implementing data science platforms |
5 Malaysia Data Science Platform Market Trends |
6 Malaysia Data Science Platform Market, By Types |
6.1 Malaysia Data Science Platform Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Data Science Platform Market Revenues & Volume, By Component , 2021-2031F |
6.1.3 Malaysia Data Science Platform Market Revenues & Volume, By Platform, 2021-2031F |
6.1.4 Malaysia Data Science Platform Market Revenues & Volume, By Services, 2021-2031F |
6.1.5 Malaysia Data Science Platform Market Revenues & Volume, By Support and maintenance, 2021-2031F |
6.1.6 Malaysia Data Science Platform Market Revenues & Volume, By Consulting, 2021-2031F |
6.1.7 Malaysia Data Science Platform Market Revenues & Volume, By Deployment and Integration, 2021-2031F |
6.2 Malaysia Data Science Platform Market, By Business Function |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Data Science Platform Market Revenues & Volume, By Marketing, 2021-2031F |
6.2.3 Malaysia Data Science Platform Market Revenues & Volume, By Sales, 2021-2031F |
6.2.4 Malaysia Data Science Platform Market Revenues & Volume, By Logistics, 2021-2031F |
6.2.5 Malaysia Data Science Platform Market Revenues & Volume, By Finance and Accounting, 2021-2031F |
6.2.6 Malaysia Data Science Platform Market Revenues & Volume, By Customer Support, 2021-2031F |
6.2.7 Malaysia Data Science Platform Market Revenues & Volume, By Other Business Functions (HR and operations), 2021-2031F |
6.3 Malaysia Data Science Platform Market, By Deployment Mode |
6.3.1 Overview and Analysis |
6.3.2 Malaysia Data Science Platform Market Revenues & Volume, By Cloud, 2021-2031F |
6.3.3 Malaysia Data Science Platform Market Revenues & Volume, By On-premises, 2021-2031F |
6.4 Malaysia Data Science Platform Market, By Industry Vertical |
6.4.1 Overview and Analysis |
6.4.2 Malaysia Data Science Platform Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Malaysia Data Science Platform Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.4.4 Malaysia Data Science Platform Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.4.5 Malaysia Data Science Platform Market Revenues & Volume, By Media and Entertainment, 2021-2031F |
6.4.6 Malaysia Data Science Platform Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.4.7 Malaysia Data Science Platform Market Revenues & Volume, By Government and Defense, 2021-2031F |
6.4.8 Malaysia Data Science Platform Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.4.9 Malaysia Data Science Platform Market Revenues & Volume, By Transportation and Logistics, 2021-2031F |
6.5 Malaysia Data Science Platform Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Malaysia Data Science Platform Market Revenues & Volume, By Small and Medium-Sized Enterprises, 2021-2031F |
6.5.3 Malaysia Data Science Platform Market Revenues & Volume, By Large Enterprises, 2021-2031F |
7 Malaysia Data Science Platform Market Import-Export Trade Statistics |
7.1 Malaysia Data Science Platform Market Export to Major Countries |
7.2 Malaysia Data Science Platform Market Imports from Major Countries |
8 Malaysia Data Science Platform Market Key Performance Indicators |
8.1 Percentage increase in the number of companies integrating data science platforms into their operations |
8.2 Average time taken to derive insights from data using the platform |
8.3 Growth in the number of data science-related job postings in Malaysia |
8.4 Percentage of companies reporting improved decision-making processes after implementing data science platforms |
8.5 Increase in the number of partnerships between data science platform providers and Malaysian businesses |
9 Malaysia Data Science Platform Market - Opportunity Assessment |
9.1 Malaysia Data Science Platform Market Opportunity Assessment, By Component , 2021 & 2031F |
9.2 Malaysia Data Science Platform Market Opportunity Assessment, By Business Function , 2021 & 2031F |
9.3 Malaysia Data Science Platform Market Opportunity Assessment, By Deployment Mode, 2021 & 2031F |
9.4 Malaysia Data Science Platform Market Opportunity Assessment, By Industry Vertical, 2021 & 2031F |
9.5 Malaysia Data Science Platform Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Malaysia Data Science Platform Market - Competitive Landscape |
10.1 Malaysia Data Science Platform Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Data Science Platform Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |