Press release
Data Monetization Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2027: Dawex Systems and Elevondata are key players.
The Data Monetization market is expected to grow at a CAGR of 6.38% to reach a market size worth US$275.435 billion by 2027.The prime factors propelling the growth of the data monetization market are increasing demand for data-driven decision-making, the growing adoption of advanced technologies such as Artificial Intelligence (AI) and Machine Learning (ML), and the focus on developing new revenue streams.
As per the report, the data monetization market is expected to grow rapidly during the forecast period.
The data monetization market refers to generating revenue from the vast amounts of data generated by businesses and individuals. With the proliferation of data in recent years, organizations have begun to recognize the value of data as a strategic asset that can be used to gain insights, optimize operations, and create new revenue streams. Data monetization solutions and services enable businesses to leverage and derive value from their data assets. Data monetization solutions include data management, analytics, and data-as-a-service (DaaS), while data monetization services include consulting, implementation, and managed services.
Sample request or complete report can be purchased through the link below:
https://www.knowledge-sourcing.com/report/data-monetization-market
The data monetization market has been segmented into offering, deployment model, enterprise size, end-user industry, and geography.
By offering, the market has been classified into solution and service. Solution offerings in the market include data management, data analytics, and data-as-a-service (DaaS). Data management solutions offer tools and technologies that help organizations efficiently collect, store, organize, and process their data. Data analytics solutions enable businesses to extract insights from their data using tools such as Business Intelligence (BI), Predictive Analytics, and Data Visualization. Service offerings in the data monetization market include consulting, implementation, and managed services. Consulting services help organizations develop data monetization strategies, identify new revenue streams, and optimize data management processes.
By deployment model, the market has been classified into on-premise and cloud. On-premise deployment is the traditional software deployment method within an organization's infrastructure. The organization owns and manages the hardware and software required for data monetization in this model.
The market has been classified into small, medium, and large by enterprise size. Small enterprises typically have few employees. These organizations often have limited resources and require simple, cost-effective data monetization solutions. Large enterprises usually have more than 500 employees and generate more significant revenues annually. These organizations often have essential resources and may require complex, advanced data monetization solutions. Large enterprises may focus on monetizing their data to drive revenue growth, improve customer engagement, or develop new business models.
The market has been classified into retail, manufacturing, automotive, BFSI, media and entertainment, and others by end-user industry. BFSI organizations use data monetization to enhance risk management, reduce fraud, and improve customer engagement. By leveraging data from various sources, including transactional data, social media, and online behavior, financial institutions can develop customized offerings, improve fraud detection, and enhance customer experiences.
The market is classified geographically into North America, South America, Europe, Middle East and Africa and Asia Pacific. North America is one of the largest and most mature data monetization markets. The region's growth is driven by the presence of major technology companies and a strong focus on data-driven decision-making. However, the region is also characterized by strong data privacy regulations that impact data monetization strategies. Asia Pacific is a rapidly growing data monetization market, driven by the region's large population, the adoption of advanced technologies, and the emergence of new business models. The region is also characterized by several major technology companies and a growing focus on data-driven decision-making.
The major players covered in the data monetization market study are C1010data, Adastra, Dawex Systems, Elevondata, EMU Analytics, Gemalto NV, Infosys, Monetize, IBM, Google, SAP, and SAS.
This Data Monetization market has been analyzed into the following segments:
• By Offering
o Solution
o Service
• By Deployment Model
o On-Premise
o Cloud
• By Enterprise Size
o Small
o Medium
o Large
• By End-User Industry
o Retail
o Manufacturing
o Automotive
o BFSI
o Media and Entertainment
o Others
• By Geography
o North Americas
• USA
• Canada
• Mexico
o South America
• Brazil
• Argentina
• Others
o Europe
• Germany
• France
• UK
• Others
o Middle East and Africa
• Saudi Arabia
• South Africa
• Others
o Asia Pacific
• China
• Japan
• India
• South Korea
• Others
Related Reports:
• Global E-commerce Analytics Market
https://www.knowledge-sourcing.com/report/global-e-commerce-analytics-market
• Multichannel Analytics Market
https://www.knowledge-sourcing.com/report/multichannel-analytics-market
Contact Us:
Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail:info@knowledge-sourcing.com
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, and challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.
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