The rapid adoption of Industry 4.0 technologies by businesses to increase productivity and the growing adoption of data analytics by businesses are key drivers
— Emerging research
VANCOUVER, BC, CANADA, July 12, 2022 /EINPresswire.com/ — The global python market size is expected to reach USD 100.6 million in 2030 and register a revenue CAGR of 44.8% over the forecast period, according to the latest analysis from Emerging Research. The rapid adoption of Industry 4.0 technologies by enterprises to increase productivity is the key factor driving the revenue growth of the global python market. Also, the growing popularity of Python programming language can be attributed to the availability of a large number of libraries and tools, which allow programmers to use Python for various applications such as web development and analytics. of data.
This comprehensive analysis of the fastest growing Python market provides insights that will help stakeholders identify both opportunities and challenges. The 2022 market could see another big year for Python. This report provides an overview of the company’s activities and financial situation (company profiles are necessary if you are looking to raise capital or win over investors), recent developments (mergers and acquisitions) and the most recent SWOT analysis.
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The report covers the key points of the market including the standards, regulations and policy changes applied by the government on the industry for the coming years. The report encompasses in-depth research conducted through the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to identify trends and growth patterns. Factors likely to influence market growth, current trends, opportunities,
The large enterprise segment is expected to witness a steady revenue growth rate over the forecast period. Python is used by large companies because it has a simple syntax and is more convenient to learn. The presence of numerous libraries and frameworks has led to wider adoption of Python for various applications. Plus, it’s compatible with other languages, such as C++, making it easy to integrate with existing code when a company wants to upgrade.
The Linux segment is expected to record a robust revenue growth rate over the forecast period. Most of the Linux distributions come with Python pre-installed, so running the python program is very easy in Linux as it has its command line interface terminal. Linux also comes with a pre-installed editor called VI, which is useful for terminal coding.
BFSI segment revenue is expected to register a significantly rapid growth rate during the forecast period. The growing adoption of Python by major financial institutions and insurance companies to analyze large sets of financial data is expected to support the market revenue growth. Financial institutions, such as investment banks and hedge funds, use Python to solve quantitative business management, pricing, and risk management problems.
The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. .
Leading Players Analyzed in the Report:
Anaconda Inc. Oracle, ELEKS, BoTree Technologies, Iflexion, PixelCrayons, Innowise Group, Netguru SA, Belitsoft and Django Stars, LLC.
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Further, the report divides the Python market into key segments and sub-segments to offer an analysis of product type and industry application spectrum. It also offers predictions on which segments are expected to show significant growth over the forecast period.
Emergen Research has segmented the global python market based on deployment, organization size, platform, application, verticals, and region:
Deployment Outlook (Revenue, USD Million; 2019-2030)
Organization Size Outlook (Revenue, USD Million; 2019-2030)
Small and medium-sized enterprises (SMEs)
Platform Outlook (Revenue, USD Million; 2019-2030)
Application Outlook (Revenue, USD Million; 2019-2030)
Vertical Outlook (Revenue, USD Million; 2019-2030)
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The study provides real answers to questions about market segmentation by types, regions and applications to power the overall market research for the forecast period. The subject matter experts behind the market analysis have worked with some of the most reputable business owners to track records and estimate what is happening in areas such as technological innovation, volume of production, end use and pricing of products. Research analysts have further reshaped their approach to present a report uniquely positioned to offer unparalleled insights on major manufacturers, new entrants, outgoing white spaces, acquisitions and mergers, collaborations, and product launches.
Reasons to Buy this Python Market Report:
> Mergers and acquisitions must be well planned by identifying the best manufacturer.
> Sort potential new customers or partners into the demographic group you are looking for.
> Suitable for providing reliable, high-quality data and analysis to facilitate your internal and external presentations.
> Develop tactical initiatives by gaining better control of the areas in which large groups can intervene.
> Increase and develop business potential and reach, develop and plan licenses and licensing strategies by finding potential partners with the most attractive projects.
> Recognize new entrants with potentially strong product portfolios and design effective counter-strategies to gain competitive advantage.
> To develop effective R&D strategies, gather information, analysis and strategic ideas from competitors.
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The Global Python Market Size is Expected to Reach USD 100.6 Million in 2030