openPR Logo
Press release

Data Broker Market to Increase At a CAGR of 4.5 % to Reach a Valuation of USD 382.16 Billion by 2030

07-10-2024 09:26 AM CET | IT, New Media & Software

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD

Data Broker Market

Data Broker Market

Anticipated Growth in Revenue:

Data Broker Market to grow from USD 280.82 Bn. in 2023 to USD 382.16 Bn by 2030, at a CAGR 4.5 % during forecast period.

Data Broker Market Overview:

The data broker market is a segment of the broader data industry focused on collecting, analyzing, and selling consumer data to various businesses and organizations. Data brokers aggregate data from multiple sources, including public records, online activities, transactions, and other sources, to create detailed consumer profiles used for marketing, analytics, risk assessment, and other purposes. This market plays a significant role in the digital economy by providing valuable insights and intelligence to businesses looking to understand consumer behavior and market trends.

Unlock Insights: Request a Free Sample of Our Latest Report Now: https://www.maximizemarketresearch.com/request-sample/55670/

Data Broker Market Trends:

Increased Demand for Data-Driven Insights: Businesses across various sectors are increasingly relying on data-driven insights to make informed decisions, drive marketing strategies, and improve customer engagement. Data brokers facilitate this by providing access to comprehensive consumer data and analytics.

Focus on Personalization: There is a growing emphasis on personalized marketing and customer experiences. Data brokers enable businesses to tailor their offerings based on detailed consumer profiles, preferences, and behaviors.

Regulatory Scrutiny and Privacy Concerns: The data broker industry faces scrutiny over privacy issues and data protection regulations. Increased awareness among consumers and regulatory changes, such as GDPR in Europe and CCPA in California, have prompted data brokers to enhance transparency and compliance measures.

Emergence of Alternative Data Sources: Beyond traditional data sources, such as demographic and transactional data, data brokers are leveraging alternative sources like social media data, geolocation data, and IoT (Internet of Things) data to provide deeper insights into consumer behavior.

What are Data Broker Market Dynamics?

Growing Data Accessibility: Increasing availability of data from diverse sources, including digital interactions and IoT devices, fuels the growth of the data broker market.

Business Intelligence: Data brokers provide valuable business intelligence and competitive insights that help companies optimize operations, target marketing campaigns effectively, and identify new market opportunities.

Digital Transformation: The ongoing digital transformation across industries demands sophisticated data analytics capabilities, driving demand for data broker services.

Data Security: Maintaining robust data security measures to protect against breaches and unauthorized access is critical for data brokers.

Ethical Considerations: Ethical considerations regarding the use of consumer data, transparency in data practices, and the potential for discrimination or misuse are important challenges facing the industry.

Need More Information? Inquire About Sample + Graphs Here: https://www.maximizemarketresearch.com/inquiry-before-buying/55670/

Data Broker Market Opportunities:

Expansion in Emerging Markets: Opportunities for growth exist in emerging markets where digital adoption is increasing, and businesses are seeking advanced data analytics solutions.

AI and Machine Learning Integration: Integration of AI (Artificial Intelligence) and machine learning technologies to analyze large volumes of data and derive actionable insights presents opportunities for innovation and market differentiation.

Focus on Compliance and Transparency: Enhancing compliance with data protection regulations and improving transparency in data collection and usage can build trust with consumers and stakeholders.

What is Data Broker Market Regional Insight?

North America: The United States is a major market for data brokers, driven by a robust digital economy, advanced data analytics capabilities, and a large base of technology and consumer-focused businesses.

Europe: European countries, particularly those under GDPR regulations, prioritize data privacy and compliance, influencing data broker operations and market strategies.

Asia-Pacific: Countries like China, Japan, and India are witnessing rapid growth in digital adoption and data-driven decision-making, presenting opportunities for data brokers to expand their presence in the region.

Latin America and Middle East & Africa: These regions are experiencing increasing digitalization and economic growth, creating demand for data analytics services and solutions provided by data brokers.

FREE |Get a Copy of Sample Report Now! @ https://www.maximizemarketresearch.com/request-sample/55670/ 

What is Data Broker Market Segmentation?

by Data Category

Consumer
Credit
Government
Technical
Real Estate
Education & Training
Product & Services
Risk Management
Other Data Types

by Data Type

Unstructured Data
Structured Data
Custom Structure Data

by Pricing Model

Subscription Paid
Pay Per Use Paid
Hybrid Paid Models

by End Use Sector

BFSI
Retail And FMCG
Manufacturing
Media
Government Sector
Others Sector

Some of the current players in the Data Broker Market are:

1. Acxiom
2. Experian
3. Equifax
4. CoreLogic
5. TransUnion
6. Oracle
7. Lifelock
8.H.I.G. Capital
9. PeekYou
10. TowerData
11. Alibaba
12. Bloomberg
13. Datasift
14. FICO
15. RELX
16. Thomson Reuters
17. Wolters Kluver
18. Ignite Technologies
19. HG Data
20. IBM
21. Morningstar
22. Qlik
23. IHS Markit

For More Information About This Research Please Visit: https://www.maximizemarketresearch.com/market-report/global-data-broker-market/55670/

Key Offerings:

Past Market Size and Competitive Landscape
Data Broker Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Data Broker Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

Virtual Office Market https://www.maximizemarketresearch.com/market-report/global-virtual-office-market/113811/

China Smartphone Market https://www.maximizemarketresearch.com/market-report/china-smartphone-market/85746/

Global Strategy Management Software Market https://www.maximizemarketresearch.com/market-report/global-strategy-management-software-market/39763/

Global Enterprise Firewall Market https://www.maximizemarketresearch.com/market-report/global-enterprise-firewall-market/24107/

Product Engineering Services Market https://www.maximizemarketresearch.com/market-report/product-engineering-services-market/122268/

Network Transformation Market https://www.maximizemarketresearch.com/market-report/global-network-transformation-market/6596/

Procurement Software Market https://www.maximizemarketresearch.com/market-report/global-procurement-software-market/26731/

Contact Maximize Market Research:

MAXIMIZE MARKET RESEARCH PVT. LTD.
⮝ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
🖂 sales@maximizemarketresearch.com
🌐 www.maximizemarketresearch.com

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.

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 Data Broker Market to Increase At a CAGR of 4.5 % to Reach a Valuation of USD 382.16 Billion by 2030 here

News-ID: 3573684 • Views:

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD

GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Smart Monitoring Ushering in Next-Gen Mobility Solutions
GPS Tracking Device Market Surge Ahead at a CAGR of 13.1% from 2025 to 2032: Sma …
GPS Tracking Device Market size was valued at USD 3.50 Billion in 2024 and the total GPS Tracking Device revenue is expected to grow at a CAGR of 13.1% from 2025 to 2032, reaching nearly USD 9.38 Billion. GPS Tracking Device Market Overview: The GPS tracking device market is entering a dynamic growth phase, propelled by mounting demand in logistics, automotive, personal safety, and healthcare industries. Innovations such as IoT integration, telematics,
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2025-2032
Iron and Steel Slag Market to Grow at a CAGR of 1.5% in the Forecast Period of 2 …
The Iron and Steel Slag Market size was valued at USD 25.81 Billion in 2024 and the total Iron and Steel Slag revenue is expected to grow at a CAGR of 1.5% from 2025 to 2032, reaching nearly USD 29.08 Billion. Iron and Steel Slag Market Overview: Iron and steel slag, a byproduct of metal smelting, is emerging as a linchpin in modern industrial ecosystems. Far from being waste, this versatile material
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% from 2024 to 2032
Shooting Ranges Market Expected To Hit USD 2.57 Bn by 2032, with a CAGR of 7.85% …
The Shooting Ranges Market size was valued at USD 1.40 Billion in 2024 and the total Shooting Ranges revenue is expected to grow at a CAGR of 7.85% from 2025 to 2032, reaching nearly USD 2.57 Billion. Shooting Ranges Market Overview: Shooting ranges serve as specialized facilities-both indoor and outdoor-where firearms and archery training, recreational shooting, and competitive events take place in controlled, safe environments. These venues support a wide spectrum of
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone Revolution at a CAGR of 13.95% from 2025 to 2032
Fuel Cell UAV Market Taking Flight at Robust Growth Pace: A Clean-Energy Drone R …
The Fuel Cell UAV Market size was valued at USD 1661.38 Million in 2024 and the total Fuel Cell UAV revenue is expected to grow at a CAGR of 13.95% from 2025 to 2032, reaching nearly USD 4722.62 Million. Fuel Cell UAV Market Overview: Fuel-cell-powered unmanned aerial vehicles (UAVs) are swiftly redefining the drone landscape with their promise of prolonged flight times and greener operations. Leading aerospace innovators and emerging startups alike

All 5 Releases


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