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Data Monetization Market Trend Analysis by Top Key Players Accenture, SAP SE, Adastra Corporation, Monetize Solutions, Inc., VIAVI Solutions Inc., ALC

11-05-2018 06:15 PM CET | IT, New Media & Software

Press release from: Big Market Research

Data Monetization

Data Monetization

Data monetization refers to the monetization of the asset of data to generate high revenue. It is the process of converting the unstructured large volume of enterprise data into valuable insights, and monetizing the data into currency or exchange of service. The ability of data monetization to sort data in a raw format, store it in different structural formats, and subsequently release it for further analytics is driving its demand among numerous industry verticals.

Global Data Monetization Market Report 2023" provides a clear understanding of the subject. This research report seeks to understand the breakthrough strategies taken by merchants around the world to provide product separation through Porter's five forces analysis. They are also paying attention to the process of strengthening their position in the marketplace and raising their future income.

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Continuous rise in the volume of enterprise data, technological advancements in big data & analytics solutions, and increase in importance to generate new revenue streams from the data volume of organizations drive the growth of the market. However, security and privacy concerns are expected to impede the market growth.

The global data monetization market is dominated by key players such as, Accenture, SAP SE, Adastra Corporation, Monetize Solutions, Inc., VIAVI Solutions Inc., ALC, Reltio, Optiva, Inc. (Redknee), and Cisco Systems, Inc., and Mahindra ComViva

Conversely, increased adoption of data monetization among telecom service providers and upsurge in awareness about the potential benefits of data monetization are projected to offer major opportunity for market expansion.

The global data monetization market is segmented on the basis of industry vertical and region. Depending on industry vertical, the market is categorized into BFSI, e-commerce & retail, telecommunication & IT, manufacturing, healthcare, energy & utilities, and others. Regionally, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

By End User
• BFSI
• E-Commerce & Retail
• Telecommunication & IT
• Manufacturing
• Healthcare
• Energy & Utilities
• Others

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

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Key Benefits for Stakeholders:
• The study provides an in-depth analysis of the global data monetization market and current & future trends to elucidate the imminent investment pockets.
• Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided.
• Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
• The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

Access full report Description, TOC and Table of Figure @: https://www.bigmarketresearch.com/data-monetization-market

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Industry executives tend to keep a tab on their business competitors. This keeps them updated on strategic business activities and investment trends. Company profiles are crucial to participating players of interconnected verticals.

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