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Boom in Data Science: Drivers, Trends, and Future Prospects

Author(s):

Mokshda Sharma , Chandigarh University; Himanshi Mittal, Chandigarh University; Ayush Sharma, Chandigarh University; Devanshu Sharma, Chandigarh University

Keywords:

Data Science, Advanced Analytics, Data Governance, Business Intelligence, Predictive Analytic, Machine Learning

Abstract

Driven by the fast growth of data and technological advancements, data science has emerged as a transformative force in a number of industries in recent years. This article explores the factors contributing to data science's growing appeal, focusing on the integration of big data analytics, machine learning, and artificial intelligence (AI). Through a comprehensive literature search and analysis of pertinent case studies, the study uncovers significant trends in the application of data science across a range of sectors, including e-commerce, healthcare, and finance. It also discusses the challenges and benefits associated with this expansion, highlighting the importance of data-driven decision-making in a rapidly evolving digital landscape. The study concludes by highlighting the significant influence of data science on workforce development and company strategy, suggesting need for further research in this developing area.

Other Details

Paper ID: IJSRDV12I100058
Published in: Volume : 12, Issue : 10
Publication Date: 01/01/2025
Page(s): 48-53

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