openPR Logo
Press release

Data Monetization Market Ongoing Trends and Recent Developments | Key Players like Accenture, IBM, Infosys, SAP and SAS

12-13-2019 01:32 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets

Data Monetization Market Ongoing Trends and Recent

According to recent research "Data Monetization Market by Component (Tools and Services), Data Type, Business Function, Deployment Type (On-Premises and Cloud), Organization Size, Industry Vertical (BFSI, Consumer Goods and Retail, and Telecom), and Region - Global Forecast to 2023", The data monetization market size is expected to grow from USD 1.42 Billion in 2018 to USD 3.12 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 17.1% during the forecast period. The rapid adoption of advanced analytics and visualization, and the increasing use of external data sources are the major drivers of the market growth. Moreover, the adoption of data-driven decision-making, and the increasing volume and variety of business data are important for enterprises to create new revenue and data sources, which drive the market growth.

Browse 79 market data Tables and 45 Figures spread through 158 Pages and in-depth TOC on "Data Monetization Market”
Buy Now@ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=127405959&utm_source=Openpr

The rapid adoption of data monetization tools, owing to the presence of robust and well-established economies, is expected to make North America the largest regional market.

In the US and Canada, organizations have rapidly adopted and invested in emerging technologies, such as analytics, big data, and cloud platforms. North America has the first-mover advantage of adopting new technologies, such as big data and cloud platforms. Moreover, there has been an increasing demand among enterprises to automate the business decision-making process and increase productivity in the region. Several companies willingly invest in North America due to the presence of numerous large enterprises in the region. The factors driving the growth of the data monetization market in North America are stable economy, technology enhancements, and optimized infrastructure costs.

The BFSI industry vertical is expected to account for the largest market size during the forecast period.

The Banking, Financial Services, and Insurance (BFSI) industry vertical includes commercial banks, insurance companies, non-banking financial companies, stock brokerage firms, and payment gateway providers. This industry vertical deals with critical financial data and credit risks; hence, it is a good contributor to the data monetization market. Owing to the continuous changes in the competitive environment, companies need to enhance their operational efficiencies. Hence, data monetization tools empower financial institutions to identify consumer spending patterns and provide personalized products to enhance the customer experience. Furthermore, the increasing adoption of data-driven decision-making is expected to drive the demand for market.

Inquiry before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=127405959&utm_source=Openpr

The large enterprises segment is expected to gain a larger market share during the forecast period.

Organizations with more than 1,000 employees are categorized as large enterprises. Large enterprises have their customers across various regions and account for high market shares, technical expertise, and effective business strategies. Large enterprises are expected to invest in new and latest technologies to run their business effectively. The market size of the data monetization market is larger in the large enterprises segment. Moreover, the adoption of data monetization tools in large enterprises has become an integral part of these large-scale organizations to sustain in the competitive market. Furthermore, large enterprises prefer implementing tools and services that are expected to assist them in increasing their profits.

The major vendors in the data monetization market include 1010data (US), Accenture (Ireland), Adastra (Canada), Cisco (US), Dawex (France), Elevondata (US), Emu Analytics (UK), Gemalto (Netherlands), Google (US), IBM (US), iConnectiva (Hong Kong), Infosys (India), Mahindra Comviva (India), Monetize Solutions (US), Narrative (US), NESS (US), NETSCOUT (US), Openwave Mobility (US), Optiva (Canada), Paxata (US), Reltio (US), SAP (Germany), SAS (US), and Virtusa (US).

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Email: newsletter@marketsandmarkets.com
MnM Blog: https://mnmblog.org/data-monetization-market.html
Content Source: https://www.marketsandmarkets.com/PressReleases/data-monetization.asp

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Data Monetization Market Ongoing Trends and Recent Developments | Key Players like Accenture, IBM, Infosys, SAP and SAS here

News-ID: 1879165 • Views: 236

More Releases from MarketsandMarkets

Third-Party Risk Management Market Insights | Key players: RSA, Genpact, MetricS …
According to recent research "Third-Party Risk Management Market by Component (Solution (Financial Control, Contract, Operational Risk, Audit, and Compliance) and Service (Professional & Managed)), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global Third-Party Risk Management (TPRM) market size is projected to grow from USD 3.2 billion in 2019 to USD 6.8 billion by 2024, at a CAGR of 15.9% during the
Human Capital Management Market to reach $26.5 Billion by 2024 | Key players inc …
According to recent research "Human Capital Management Market by Software (Core HR, Applicant Tracking System, HR Analytics, Workforce Management), Service, Deployment Type (cloud and on-premises), Organization Size, and Region - Global Forecast to 2024", published by MarketsandMarkets, the global HCM market size is expected to grow from USD 16.7 billion in 2019 to USD 26.5 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast
Small Hydropower Market: Technological Advancements, Current Industry Trends and …
According to the new market research report "Small Hydropower Market by Capacity (Up to 1 MW, 1–10 MW), Type (Micro Hydropower, Mini Hydropower), Components (Electromechanical Equipment, Electric infrastructure, Civil Works), and Region - Global Forecast to 2024" published by MarketsandMarkets™, the global Small Hydropower Market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of
IoT Sensors Market and its Key Opportunities and Challenges
The IoT sensors market was valued at USD 4.62 billion in 2017 and is projected to reach USD 22.48 billion by 2023, at a CAGR of 33.60 % as per a report by MarketsandMarkets. https://www.marketsandmarkets.com/Market-Reports/sensors-iot-market-2652097220.html Why benefits of implementation of a predictive maintenance program for IoT applications continue to provide newer opportunities? Nowadays, organizations use sensor-based devices and intelligent systems that connect things with people and processes to drive operational efficiencies and

All 5 Releases


More Releases for Data

Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY
Weather Station Data Logger Collects Meteorological Data
Complete Weather monitoring using an Intelligent Universal Data Logger A construction company needed to collect meteorological data to study the effects of building materials such as roofing tile. CAS DataLoggers provided the dataTaker DT-85 for an environmental monitoring solution. Long-term monitoring of a variety of weather data is required to determine how the products perform under harsh environmental conditions. The field engineer desired a single recording device to connect with
How to turn Data into Smart Data
Both enterprises and individuals have to process some kind of data every day, whether it is a short message, a notification, a piece of news, statistics, a video, etc. If we accumulate all the data acquired in a month, the amount guarantees to shock anyone. Turning data into smart data As we go through the daily pile of data generated, not only must we record it, we also need to make sense
Data Quality and Data Governance Solution Market
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology. Data quality and data governance
B2B Data Matching Services | Leo Data Services
B2B Data Matching Services - Revolutionary Marketing Campaigns In today's business scenario, managing successfully B2B Data Matching for prospect customer can be a challenge even the most capable organizations. Business to Business Marketing services from Leo Data Services are always customized to meet the needs of the business prospects. We make sure that our clients have quick, reliable access to their data through several possible interface methods that cover everything from data
B2B Data Services - Data Management - Data Providers
When it comes to Online Marketing, B2B Data Services is a well-known name for maintaining reputation among Digital Marketing competitors. It is a one stop shop for start-ups and enterprises looking for cost cutting and out of box solutions in the field of Data Management and services related to Campaign Marketing, Mobile Viral Marketing, Social Media, Search Engine Optimization, Email Marketing Campaigns and Internet Marketing. Sharing space among the well-established