Impact of the COVID-19 outbreak On Data Broker Market
Key names in the global data broker market include Experian plc., Oracle Corporation, TowerData Inc., Fair Isaac Corporation, Thomson Reuters Corporation, IBM Corporation, Acxiom Corporation, TransUnion LLC, PeekYou LLC, Datasift Inc., Nielson Holdings Plc, HG Data Company, CoreLogic Inc., H.I.G Capital LLC, Bloomberg L.P., Moody’s Corporation, Ignite Technologies Inc., Qlik Technologies Inc., Equifax Inc., Lifelock Inc., Alibaba Group Holdings Limited, RELX Group plc, Wolters Kluver N.V., and HIS Markit Morningstar Inc.
Obtain Report Details @ https://www.transparencymarketresearch.com/data-brokers-market.html
According to estimates presented by the TMR report, the global data brokers market will clock an impressive 11.5% CAGR for the forecast period between 2017 and 2026. In terms of data category, the demand for consumer data is estimated to contribute more than one-third revenue share of the overall market by the end of 2026. In terms of end-use sector, the BFSI segment holds the leading revenue share and is anticipated to register an above-average growth in the upcoming years. Geography-wise, North America is anticipated to dominate the data broker market over the 2017-2026 forecast period.
Advantages of Insights into Customer Purchasing Behavior a Boon for Market
Today, the incessant use of mobile devices have led to generation of vast amount of consumer data that can be used for business advantage. Enterprises are striving to scrutinize the bulk data that is generated from digital and non-digital peripherals for devising new marketing strategies. In particular, customer-facing businesses are leveraging data analytics to understand trends, consumer behavior, growth opportunities, and purchasing patterns. The task, however, is quite complicated and requires external assistance to be carried out. Data broker products are increasingly being adopted to carry out complex analysis of massive volume of data.
Moreover, moderate regulations that oversee data protection stipulations allow a freehand collection, thus, enable easy buying, selling, and exchange of vital customer data. The scrutiny of this data enables organizations to better formulate marketing strategies and identify potential customers. This is leading to a strong demand for data broker product and services. Data brokers perform the arduous task of data collection from an array of sources, which is later scrutinized to deduce useful analytics.
For More Industry Insight, Request Sample@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13037
Businesses are purchasing consumer data to obtain information pertaining to customers’ interest areas that reveals his/her purchasing behavior. The data collected by data brokers is not only used to obtain vital customer data but also for tracking potential customers and operation management. This, in turn, will positively influence the global data broker market.
Risk of Compromising Vital Consumer Data Restrains Growth
Although the information fetched by data brokers are typically used for business innovation and for improved customer experience, it draws criticism for intruding into customer privacy. Consumer data may include customer’s email id, contact details and monitoring customer’s online and offline Internet activity. Policy makers and consumer groups remain highly critical of data collection using data brokers and services. Data broker practices have been under the radar lately as they are associated with surging spamming activities and spread of unsolicited promotional messages.
Contact us:, , Transparency Market Research, State Tower,, 90 State Street, Suite 700,, Albany NY - 12207,, United States, Tel: +1-518-618-1030
TMR offers meticulously researched market studies. We are leaders in providing cutting-edge market intelligence reports that are brought out of more than 5 million hours of expertize in market intelligence at the global, national, and local levels.
This release was published on openPR.
Permanent link to this press release:
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 Impact of the COVID-19 outbreak On Data Broker Market here
News-ID: 2396317 • Views: 168
More Releases from Transparency Market Research
Social CRM Market to Rear Excessive Growth During 2020-2030
Social CRM Market: Introduction The social CRM market focuses on capturing the needs of consumers and generates value for them. Social customer relationship management (CRM) provides critical analysis about the market. It enables businesses to build customer relationships and improve their brand presence. The solution helps companies to monitor and analyze their reputation in the market with various keywords such as brand name and company name. Obtain Report Details @
Video Ad Insertion Platform Market: Size Industry Status Growth Opportunity For …
Video ad Insertion Platform Market – Introduction Video ad insertion platform IT enables marketers to serve different advertisements to each viewer based on consumer insights and ad campaign results. Increasing demand for OTT platforms, technological advances, and an increase in the number of internet users are all boosting the video ad insertion platform industry. Furthermore, the 6-second ad is gaining attention on various social media sites. According to new research from
Smart Luggage Market: Analysis, Strategic Assessment, Trend Outlook And Business …
Smart Luggage Market: Introduction Smart luggage are bags with remote lock systems, GPS locator, USB ports for charging the device, remote or app enabled controls, Wi-Fi or Bluetooth connectivity, and solar powered batteries. Smart luggage have anti-theft protection, which provides the user with an alarm or notification when the luggage gets disconnected or is moved out of range. Smart luggage are not only technological advanced but also have a stylish look,
Storage Resource Management Tool Market: Future Growth And Forecast With Signifi …
Global Storage Resource Management Tool Market: Introduction A storage resource management tool enables real-time and historical information for storage infrastructure with regards to capacity and performance, problem determination, device management, and configuration planning and change management. It helps the storage administrator to automate data backup, data recovery, and SAN performance analysis. The tool helps in visualizing relationships and topologies from application to storage array, analyzing health, configurations and capacity growth, and
More Releases for Data
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
Portable WiFi Data Loggers Record Data Anywhere!
Grant Squirrel Series Offers Reliable Standalone Operation wifi_dataloggersIf you need a device to collect data in the field, in the lab, or on the factory floor, CAS DataLoggers can provide your application with Portable WiFi Data Loggers from Grant Instruments. Common parameters such as Temperature, Humidity, Voltage, Current, Pressure and Force can all be measured and stored using Grant Squirrel series data loggers. These handheld data loggers have internal batteries allowing them