Press release
Data Monetization in Telecom Market Set to Reach $15.18 Billion by 2029 with 24.3% Yearly Growth
Data Monetization in Telecom
The growth of data monetization in the telecom market is anticipated to be fueled by an increase in the amount of enterprise data. Enterprise data is referred to as the information exchanged within an organization across departments or geographic regions. At present, most telecom companies possess raw enterprise data. They use this data as a guide for modifying their business model to incorporate new data monetization channels. According to a recent poll by Matillion, a UK-based software firm offering cloud-based data integration tools, data experts revealed that data volume in their organizations is growing by an average of 63 percent per month as of January 2022. Therefore, the surge in enterprise data volume is prompting the growth in data monetization within the telecom sector.
Get Your Data Monetization in Telecom Market Report Here:
https://www.thebusinessresearchcompany.com/report/data-monetization-in-telecom-global-market-report
What is the projected compound annual growth rate (CAGR) of the data monetization in telecom market from 2025 to 2034, and what factors influence it?
The telecom data monetization market has seen a quick expansion in the past few years. There's expected growth from $5.3 billion in 2024 to $6.35 billion in 2025, with a compound annual growth rate (CAGR) of 19.8%. Factors contributing to this growth in the historical period include an increase in data production, widespread use of smartphones, a competitive market, tailored services, and regulatory alterations.
There is a prediction of substantial expansion in the data monetization in the telecom market overtime. Its value is projected to be $15.18 billion in 2029, following a compound annual growth rate (CAGR) of 24.3%. Factors contributing to the growth during the expected period include the application of 5G, integration of edge computing and the use of data monetization platforms. Among the primary trends foreseen during the forecast period are AI and machine learning developments, partnerships and ecosystem collaboration, and subscriber data monetization.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7373&type=smp
How are the latest trends influencing the growth of the data monetization in telecom market?
Leading firms in the data monetization in telecom sector are leveraging emerging technologies like AI and ML to develop novel products such as smart charging solutions. These solutions, which use AI (Artificial Intelligence) and ML (Machine Learning) to improve and streamline charging for electric vehicles (EVs), consumer electronics, and other battery-operated devices, are intended to give them a competitive advantage in the market. In September 2023, for instance, Nokia Corporation, a tech company based in Finland, introduced its enterprise edge charging software. This software has been specifically designed to expedite the charging of services at the edge of 5G networks for communication service providers (CSPs) and businesses. With the integration of AI and ML, this solution grants businesses and CSPs enhanced control over network data, allowing them to quickly roll out new offers and pricing structures in the market. The software's foundation is a microservices-based architecture which makes it compatible with any cloud.
What are the major segments of the data monetization in telecom market and their role in driving growth?
The data monetization in telecom market covered in this report is segmented -
1) By Component: Tools, Services
2) By Data Type: Customer Data, Product Data, Financial Data, Supplier Data
3) By Organization Type: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Deployment Type: On-Premises, Cloud
Subsegments:
1) By Tools: Analytics Platforms, Data Management Tools, Customer Insight Tools, Revenue Management Systems, Data Visualization Tools
2) By Services: Consulting Services, Implementation Services, Support And Maintenance Services, Training And Education Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7373
Which regions are key players in the growth of the data monetization in telecom market?
North America was the largest region in the data monetization in telecom market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data monetization in telecom market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the data monetization in telecom market?
Major companies operating in the data monetization in telecom market include Intel Corporation, International Business Machines Corporation, Telefónica S.A., Oracle Corporation, Verizon Communications Inc, Google LLC, Microsoft Corporation, accenture* plc, Cisco Systems Inc, SAP SE, Salesforce.com Inc., Capgemini SE, Infosys Limited, Atos SE, SAS Institute Inc., TIBCO Software Inc., Virtusa Corporation, NetScout Systems Inc, Domo Inc, ThoughtSpot Inc, Mahindra Comviva, Sisense Inc, Redknee Inc., 1010data Inc., Lynx Software Technologies Inc, Paxata Inc., SQLstream Inc, Adastra Corporation, Dawex Systems SAS, iConnectiva Communications Inc.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=7373&type=smp
What Is Covered In The Data Monetization in Telecom Global Market Report?
•Market Size Forecast: Examine the data monetization in telecom market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the data monetization in telecom market for a structured understanding.
•Key Players Overview: Analyze major players in the data monetization in telecom market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the data monetization in telecom market.
•Segment Contributions: Evaluate how different segments drive overall growth in the data monetization in telecom market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the data monetization in telecom market.
•Industry Challenges: Identify potential risks and obstacles affecting the data monetization in telecom market.
•Competitive Landscape: Review strategic developments in the data monetization in telecom market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Monetization in Telecom Market Set to Reach $15.18 Billion by 2029 with 24.3% Yearly Growth here
News-ID: 3908408 • Views: …
More Releases from The Business Research Company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 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…
