25 Best Online Math Degree Programs Heading Into 2024

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In this article, we will be looking at the 25 best online math degree programs heading into 2024. If you want to skip our detailed analysis, you can go directly to the 5 Best Online Math Degree Programs Heading Into 2024.

Data Science as a Viable Career for Math Graduates

Mathematics is a versatile and fundamental discipline that applies to various fields; therefore, many occupational opportunities are available after getting a degree in mathematics. According to the US Bureau of Statistics, data science is estimated to be the fastest-growing occupational prospect for workers with a math degree. The projected growth rate for workers with a mathematics degree in the data science industry is 35% between 2022 and 2032. The increasing prevalence and integration of data science solutions across various industries is anticipated to drive swift and substantial growth.

According to a report by Precedence Research, the global data science platform market was valued at $129.72 billion in 2023. The market is expected to grow at a compound annual growth rate (CAGR) of 16.2% from 2024 to 2032 and reach $501.03 billion by the end of the forecasted period. Data handling plays a significant role in business expansion. Enterprises are employing data-driven strategies to make operational decisions. Data science has become a vital operational requirement, especially for firms going through a digital transformation. The increasing role of data science platforms in business will fuel market growth in the coming years.

The advancement of other technologies, including machine learning, artificial intelligence, and cloud computing, is anticipated to propel the growth of the data science platform market during the forecasted period.

In 2022, North America was the most dominant region in the global data science platform market. The region accounted for 36% of the global market revenue in 2022. Europe had the second-highest share of market revenue during the same year. The Asia Pacific region is expected to be the fastest-growing region for data science platforms during the forecasted period.

Major Players in the Data Science Space

Alteryx Inc (NYSE:AYX) is one of the most prominent names in the data science platforms industry. Alteryx Analytics Automation Platform enables data scientists to accelerate development of machine learning models and focus on insights with analytics automation. On December 18, Alteryx Inc (NYSE:AYX) announced that it had agreed to be acquired by Clearlake Capital Group, LP and Insight Partners. The transaction is valued at $4.4 billion, including debt. The acquisition is estimated to close in the first half of 2024, leading to Alteryx Inc (NYSE:AYX) becoming a privately held company.