Global Data Monetization Market Analysis | According to Planet Market Reports, the global data monetization market was valued at USD 1.40 Billion in 2018 and is projected to reach USD 4.76 Billion by 2026, growing at a CAGR of 16.42% from 2019 to 2026.
The latest survey on Global Data Monetization Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Data Monetization Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Data Monetization Market By Component, By Product, By Application, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
What Is Data Monetization? Data monetization refers to generating measurable economic benefits from available data sources or simply turning corporate data into currency. The currency can be in the form of not only actual currency, but also the data currency that can be used as a bartering means or a product or service enhancement. Data monetization leverages data generated through business operations, available exogenous data or content, also the data collected via electronic devices and sensors participating in the internet of things IoTs .
Global Data Monetization Market Outlook In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. Data monetization provides assistance to the company in reducing costs which indirectly helps to maximize the revenue. It focuses on leveraging data to improve a company’s operations, productivity, and products and services, and also enable ongoing, personalized processes with customers. By making data available to B2B and B2C clients, it also helps in creating new revenue streams.
Global Data Monetization Market Competitive Landscape
The “Global Data Monetization Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as 1010data, Inc., Accenture Plc., Adastra Corporation, Cisco Systems, Inc., Dawex, Elevondata, Emu Analytics, Gemalto, iConnectiva, and Infosys Limited. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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Data Monetization Market by Component Type:
- Tools
- Services
- Consulting
- Support & Maintenance
- Implementation
Market, By Data Type
• Customer Data
• Product Data
• Financial Data
• Supplier Data
Market by Organization Size:
- Large enterprises
- Small & medium sized enterprises
Market By Deployment
• Cloud
• On-Premises
Global Data Monetization Market, By Vertical
• Banking and Financial Services
• Government and Defense
• Logistics
• Media and Entertainment
• Retail
• Others
Data Monetization Market by Business Function:
- Sales & marketing
- Supply chain management
- Operations
- Finance
- Others
Market by End User Industry:
- Manufacturing
- Healthcare
- Energy & Utilities
- BFSI
- Transportation & logistics
- Telecom
- Consumer goods & retail
- Media & entertainment
- Government & defense
- Others
Global Data Monetization Market Geographic Scope
- Asia-Pacific China, Southeast Asia, India, Japan, Korea, Western Asia
- Europe Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland
- North America United States, Canada, Mexico
- Middle East & Africa GCC, North Africa, South Africa
- South America Brazil, Argentina, Columbia, Chile, Peru
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Key Questions Answers
- What Factors are estimated to drive and restrain the market growth?
- What are market size and Growth rate of the Global and regional markets by Various Segments?
- Which Regio or Sub Segment is expected to drive the market in the forecast period?
- What is market size and Growth rate of the market For selective Countries?
- What are the key companies operating in the market?
- What are the key opportunities in the market?
- Which company accounted or the highest market share?
- What are the key technological and market trends shaping the market?
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