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Data Broker Market Size 2024: Global Share, Industry And Report Analysis By 2031 | PodcastOne Podcorn Media, Inc. Sirius XM Radio Inc.

09-24-2024 09:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: orion market research

Data Broker Market

Data Broker Market

Data broker market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. The primary factor contributing to the market growth include the expansion of business intelligence and the generation of larger data sets. The BI industry is witnessing a huge volume of data to increase the value of existing software and tool a business uses. It combines data from one or more resources, analyzes, and processes it to convert it into actionable insights, which in turn reduces the operational cost along with enhancing efficiency. Thus, further resulting in the generation of larger data sets that act as a beneficial tool to cater to the requirements of BI across the globe. Additionally, BI offers a real-time view of relevant business data that benefits the end-user with data clarity, better customer experience, and increased efficiency, hence offering a better analysis of competitive advantage.

Get Free Sample link @ https://www.omrglobal.com/request-sample/data-broker-market

Among the application, the BFSI sub-segment is expected to hold a prominent share of the global data broker market over the forecast period. The primary factor contributing to the growth of the segment includes the rising offerings of fraud detection services especially used by the financial sector. The BFSI sector employs information data brokers to find more information about an individual before granting a loan. This offers incremental opportunities for cloud access security brokers and commercial data brokers across the globe. An increase in the usage of integration brokerage software in the data broker industry is creating significant opportunities for market players. A rise in applications of data broker services in various end-use industries is expected to augment the data broker market.

full report of Data Broker Market available @ https://www.omrglobal.com/industry-reports/data-broker-market

• Market Coverage
• Market number available for - 2024-2031
• Base year- 2024
• Forecast period- 2024-2031
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others

Global Data Broker Market Report Segment
By Type
• Structured Data
• Unstructured Data
• Custom-Structured Data

By Application
• BFSI
• IT & Telecom
• Healthcare
• Government & Defense
• Manufacturing
• Others (Energy, Transportation & Logistics)

Global Data Broker Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa

The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global data broker market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/data-broker-market

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

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