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2022 Data Monetization In Telecom Market Size, Share, Growth, Latest Trends, Industry Analysis By 2031
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The global data monetization in telecom market report by the business research company the rise in the volume of enterprise data to be a major growth driver for the data monetization in telecom market. Enterprise data refers to information that users within a company typically exchange across departments and/or geographical areas. Most telecommunications companies currently have raw enterprise data, which is used to determine how to change their business model to include new channels for data monetization. For instance, in November 2020, according to 3RDi, a US-based AI-powered enterprise solution, every 1.2 years, the amount of enterprise data across all organisations in the world doubles. Further, in March 2020, according to Forbes, a US business magazine, to structure and optimise enterprise data, 67% of businesses already rely on data integration, and 24% aim to do so during the next 12 months. Therefore, the rise in the volume of enterprise data is driving data monetization in the telecom market.
The global data monetization market size is expected to grow from $3.08 billion in 2021 to $3.76 billion in 2022 at a compound annual growth rate (CAGR) of 22.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The monetization of data in the telecom market is expected to grow to $8.28 billion in 2026 at a CAGR of 21.8%.
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In 2021, North America was the largest region in terms of data monetization in the telecom market. The regions covered in this data monetization in telecom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the data monetization in telecom market are Capgemini SE, Cisco Systems Inc, Google LLC, Intel Corporation, Lynx Software Technologies Inc, Redknee Inc., SAP SE, NetScout Systems Inc, IBM, iConnectiva, 1010data, SQLstream Inc, Mahindra Comviva, Infosys Limited, and Atos
The global data monetization in telecom market is segmented -
1) By Component: Tools, Services
2) By Data Type: Customer Data, Product Data, Financial Data, Supplier Data
3) By Organization Type: Small and Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Deployment Type: On-Premises, Cloud
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The Data Monetization In Telecom Market Report Contents Include
1. Executive Summary
2. Data Monetization In Telecom Market Characteristics
3. Data Monetization In Telecom Market Trends And Strategies
4. Data Monetization In Telecom Market - Macro Economic Scenario
5. Data Monetization In Telecom Market Size And Growth
......
26. Africa Data Monetization In Telecom Market
27. Data Monetization In Telecom Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Data Monetization In Telecom Market
29. Data Monetization In Telecom Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the data monetization in telecom market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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