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Data Marketplace Platform Market is set to Garner Astounding Revenues By 2030 | Acxiom LLC, AWS, Dawex, Quandl, BattleFin
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Global Data Marketplace Platform Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than % over the forecast period 2022-2029.
Market Overview
A data marketplace platform is a transactional platform that allows users to buy and sell data, which offers a unique user experience. This platform is a cloud-based service where individuals or businesses can upload data to the cloud. This platform includes the exchange of different types of data, such as demographic, firmographics, business intelligence, and personal data. The Data Marketplace Platform Market is expanding because of factors such as surging demand for the Internet of Things (IoT) connected devices, rising developments in machine-to-machine (M2M) in communications networks, and growing adoption of data marketplace platform across various end-use verticals including retail & consumer goods, and media & entertainment, BFSI, etc.
According to Statista, the number of Internet of Things (IoT) connected devices is expected to reach 29.4 billion devices in 2030 from 8.6 billion devices in the year 2019. Thereby, the rising proliferation of the Internet of Things (IoT) connected devices is exhibiting a positive influence on the market growth worldwide. The rising emphasis on the usage of cloud services, as well as an increasing number of strategic initiatives by the key market players, is creating productive opportunities for market growth in the forthcoming years. However, high initial capital is required and a dearth of skilled professionals stifles market growth throughout the forecast period of 2022-2029.
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The key regions considered for the Global Data Marketplace Platform Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the increasing deployment of cutting-edge technologies like artificial intelligence (AI), augmented reality (AR)/ virtual reality (VR) orchestration capabilities, along with the presence of advanced data infrastructure. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing development of IoT technologies, coupled with the increasing penetration of data marketplace platform services in several applications.
Major market players included in this report are:
Acxiom LLC
AWS
Dawex
Quandl
BattleFin
Datatrade
Oracle
Microsoft
Adobe
SAP SE
Recent Developments in the Market:
In 2020, Aiisma- a data marketplace announced the launch of Aiisma App with Aiihealth feature, which includes health mapping and marketplaces' location sharing features. This allows users to consensually and anonymously share their behavioral data in exchange for rewards, which is helpful in creating a digital fence against the pandemic.
in March 2022, Nokia unveils the company's collaboration with Equideum Health to use Nokia Data Marketplace (NDM) blockchain solutions to facilitate a multi-party ecosystem. This solution enables varied person-centric use cases by connecting innovative technologies in data management, data exchange, and data marketplace.
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Global Data Marketplace Platform Market Report Scope:
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Component, Enterprise Size, Type, End-user, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Component:
Platform
Services
By Enterprise Size:
Large Enterprises
SMEs
By Type:
Personal Data Marketplace Platforms
B2B Data Marketplace Platforms
IoT Data Marketplace Platforms
By End-user:
Financial Services
Advertising, Media & Entertainment
Retail & CPG
Healthcare & Life Sciences
Other
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content
Market Overview
Market Dynamics
Associated Industry Assessment
Market Competitive Landscape
Analysis of Leading Companies
Market Analysis and Forecast, By Product Types
Market Analysis and Forecast, By Applications
Market Analysis and Forecast, By Regions
Conclusions and Recommendations
Appendix
Key Benefits of This Market Research:
Industry drivers, restraints, and opportunities covered in the study
Neutral perspective on the market performance
Recent industry trends and developments
Competitive landscape & strategies of key players
Potential & niche segments and regions exhibiting promising growth covered
Historical, current, and projected market size, in terms of value
In-depth analysis of the Exterior Architectural Coating Market
Overview of the regional outlook of the Exterior Architectural Coating Market:
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