Press release
Alternative Data Market Size, Share, Trends, Demand and Forecast 2023-2028
IMARC Group, a leading market research company, has released a report titled "Alternative Data Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028". According to the report, The global alternative data market size reached US$ 4,232.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 52,197.1 Million by 2028, exhibiting a growth rate (CAGR) of 50.9% during 2023-2028.Alternative data refers to the data that is utilized by investors to assess a company or investment. It comprises credit card transactions, mobile devices, internet of things (IoT) sensors, satellite imagery, social media sentiment, product reviews, web traffic, and weather data. It provides accurate and faster data insights into company performance as compared to traditional data sources. It assists in optimizing workflows, managing risk, and improving decision-making. It also aids in measuring information in real-time, enhancing customer experience, and identifying new business partners. As a result, it is widely employed in the automotive, healthcare, IT and telecommunication, media and entertainment, construction, logistics, and banking, financial services, and insurance (BFSI) industries across the globe.
Request to get the sample report: https://www.imarcgroup.com/alternative-data-market/requestsample
Alternative Data Market Trends and Drivers:
At present, the increasing demand for alternative data from hedge funds as they generate outperformance, enhance decision making, and support the risk management processes represents one of the primary factors supporting the growth of the market. In addition, the growing emergence of artificial intelligence (AI) tools, machine learning (ML), and natural language processing (NLP) in the alternative data that increases information generation is offering a positive market outlook. Furthermore, key players operating are introducing the next generation artificial intelligence (AI)-powered solution to find opportunities and risks in companies, which is bolstering the growth of the market.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Data Type:
Mobile Application Usage
Credit and Debit Card Transactions
Email Receipts
Geo-location (Foot Traffic) Records
Satellite & Weather Data
Social and Sentiment Data
Web Scraped Data
Web Traffic
Others
Breakup by End Use Industry:
Transportation and Logistics
BFSI
Retail and eCommerce
Energy and Utilities
IT and Telecommunications
Media and Entertainment
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape with Key Player:
1010Data Inc. (Advance Communication Corp.)
Advan Research Corporation
Dataminr Inc.
Eagle Alpha
M Science
Nasdaq Inc.
Preqin
RavenPack
The Earnest Research Company
Thinknum Inc.
Explore full report with table of contents: https://www.imarcgroup.com/alternative-data-market
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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 Alternative Data Market Size, Share, Trends, Demand and Forecast 2023-2028 here
News-ID: 3176413 • Views: …
More Releases from IMARC Group
Global Metal Casting Market Report 2025: Size Projected USD 325.69 Billion, CAGR …
According to the latest report by IMARC Group, titled "Metal Casting Market Size, Share, Trends and Forecast by Process, Material Type, End Use, Components, Vehicle Type, Electric and Hybrid Type, Application, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global metal casting market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.
The global metal casting market size…
Global Siding Market Edition 2025: Industry Size to Reach USD 142.3 Billion by 2 …
Market Overview
The global Siding Market size was valued at USD 104.8 Billion in 2024 and is expected to reach USD 142.3 Billion by 2033. The market is forecasted to grow at a CAGR of 3.46% during the period from 2025 to 2033. This growth is driven by increased worldwide construction activities, technological advancements in siding materials, heightened energy efficiency requirements, aesthetic demands, and regulatory guidelines.
Study Assumption Years
• Base Year: 2024
• Historical Year/Period:…
Global Sewing Machine Market Report 2025: Size Projected USD 7.1 Billion, CAGR o …
Market Overview
The global sewing machine market size reached USD 7.1 Billion in 2024. Forecasts by IMARC Group anticipate the market to grow to USD 10.5 Billion by 2033, demonstrating a compound annual growth rate (CAGR) of 4.4% between 2025 and 2033. Sewing machines, which stitch fabrics and pliable materials using components like spool pins and needles, are increasingly popular globally due to their utility in repairing and creating garments. Adoption…
Global Online Video Platform Market Edition 2025: Industry Size to Reach USD 2.8 …
Market Overview
The global online video platform market size was valued at USD 1.1 Billion in 2024 and is forecast to reach USD 2.8 Billion by 2033, growing at a CAGR of 10.2% between 2025 and 2033. North America dominates the market with over 37.9% share in 2024, driven by rising video content usage, smartphone proliferation, affordable data plans, and demand for face-to-face connections. The market is fueled by cloud infrastructure,…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
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…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
