Press release
Alternative Data Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Alternative Data Market Size
What Is the Projected Growth of the Alternative Data Market?
The market for alternative data has seen dramatic expansion in recent times, increasing from a value of $6.7 billion in 2024 to an estimated $9.66 billion in 2025, which represents a compound annual growth rate (CAGR) of 44.1%. Growth in previous years is likely due to several factors, such as the escalating presence of e-commerce, substantial economic development in emerging markets, a rise in internet accessibility, and the increased prevalence of mobile devices.
The market size of alternative data is anticipated to experience immense growth in the coming years, reaching a staggering $36.29 billion by 2029 with a compound annual growth rate (CAGR) of 39.2%. The predicted growth during the forecast period can be linked to the rising number of smart cities, enhanced internet connectivity, the upsurge in 5g network adoption, supportive governmental initiatives, and an increasing fascination with stock trading. Key trends during the projected period encompass the integration of artificial intelligence (AI), forming partnerships with research institutions and established firms, the introduction of next-generation platforms, and investments in edge computing solutions.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5184
What Are the Different Alternative Data Market Segments?
The alternative data market covered in this report is segmented -
1) By Data Type: Credit And Debit card Transactions, Email Receipts, Geo-Location (Foot Traffic) Records, Mobile Application Usage, Satellite And Weather Data, Social And Sentiment Data, Web Sed Data, Web traffic, Other Data Type.
2) By Industry: Automotive, BFSI, Energy, Industrial, IT And Telecommunications, Media And Entertainment, Real Estate And Construction, Retail, Transportation And Logistics, Other Industries.
Subsegments:
1) By Credit And Debit Card Transactions: Consumer Spending Patterns, Retail Sales Insights
2) By Email Receipts: Purchase Confirmation Data, Consumer Behavior Analysis
3) By Geo-Location (Foot Traffic) Records: Store Visit Analytics, Location-Based Insights
4) By Mobile Application Usage: App Engagement Metrics, User Behavior Analysis
5) By Satellite And Weather Data: Crop Monitoring, Environmental Analysis
6) By Social And Sentiment Data: Social Media Trends, Brand Sentiment Analysis
7) By Web Sed Data: Competitor Pricing, Product Availability
8) By Web Traffic: Visitor Analytics, Traffic Sources
9) By Other Data Types: Transactional Data, Industry-Specific Data
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5184&type=smp
What Are the Primary Drivers Shaping the Alternative Data Market?
The predicted rise in the use of 5G networks is set to propel the alternative data market in forthcoming years. Such networks are expected to boost the implementation of alternative data services and applications and open doors for new utilities. The amplified bandwidth that 5G brings allows for a larger volume of data to be shared within a set timeframe, coupled with reduced latency ensuring speedy data delivery. These networks offer enhanced coverage that fosters numerous network topologies, facilitating effortless communication of alternative data. The advent of 5G is also predicted to induce a surge in data traffic, stemming not just from mobile phones but also IoT-enabled appliances. For example, Sweden-based network and telecom firm, Ericsson, reported in May 2024; the uptake of 5G networks is gaining momentum worldwide with roughly 300 networks initiated and about 40% 5G population coverage outside mainland China by the end of 2023. This number is expected to swell to 80% by 2029. As a result, this is set to spur the demand for alternative data.
Which Companies Are Leading in the Alternative Data Market?
Major companies operating in the alternative data market include Ravenpack International SL, 1010data, Inc, Vortexa Ltd., Eagle Alpha Ltd., Audit Analytics,Thinknum Inc., Thasos Group, Yewno, Inc., Advan Research Corporation, Exante Data, LLC., Eoitek, Sam Technology, WakeData, Oracle, Microsoft, IBM, SAP, Plaxonic, Teradata, Amazon Web Services, Quiver Quantitative, S&P Global, AlphaSense, Kantar, Quandl, InfoTrie, Running Alpha, Unity, Maxilect, Analytics, Tableau Software, Deep Data Science, Sigma Data Systems, Preqin Ltd
What Are the Major Trends Shaping the Alternative Data Market?
Top firms in the alternative data market are leveraging strategic partnerships for better technology synergy and broader market penetration. A strategic partnership involves two or more companies pooling their resources, knowledge, and efforts to realize shared goals. In this context, Exabel, a comprehensive platform based in Norway for organizing, analyzing, visualizing, and transforming alternative data, established a partnership with Datos, a US clickstream data provider compliant with privacy laws in May 2024. This partnership's aim was to integrate an extensive clickstream dataset into Exabel's alternative data platform to aid investors in analyzing consumer behavior using web traffic patterns. This alliance enhances investment teams' capacity to correlate web traffic data with crucial company performance indicators, yielding actionable insights for more precise KPI forecasts and in-depth analysis.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/alternative-data-global-market-report
What Are the Top Revenue-Generating Geographies in the Alternative Data Market?
North America was the largest region in the alternative data market in 2024. The regions covered in the alternative data market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Alternative Data Market?
2. What is the CAGR expected in the Alternative Data Market?
3. What Are the Key Innovations Transforming the Alternative Data Industry?
4. Which Region Is Leading the Alternative Data Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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 Alternative Data Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities here
News-ID: 4002818 • Views: …
More Releases from The Business Research Company
Global Dermal Regeneration Market Expansion at 8.9% CAGR, Valued at $2.52 Billio …
"Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the Dermal Regeneration Market Size Forecast for 2025?
In recent years, the market size of dermal regeneration has significantly expanded. Its growth is set to continue, moving from a market value of $1.64 billion in 2024, surging to $1.79 billion in 2025, indicating a Compound Annual Growth Rate…
Dental Emergency Kit Market Expansion Outlook: $1.74 Billion in 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Projected CAGR for the Dental Emergency Kit Market from 2024 to 2025?
In recent times, the dental emergency kit market has seen significant growth. Projected growth rates suggest an increase from $1.18 billion in 2024 to $1.28 billion in 2025, manifesting a compound annual growth rate (CAGR) of 8.2%.…
Cryopreservation Equipment Industry Growth Outlook: 15.4% CAGR and $19.55 Billio …
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Cryopreservation Equipment Market Size 2025?
The expansion of the cryopreservation equipment market has been significant in recent years. The market which is expected to escalate from $9.52 billion in 2024 to $11.01 billion in 2025, will do so with a compound annual growth rate…
Connected Wearable Patches Industry to Achieve $10.78 Billion Growth by 2029
"Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
How Will the Connected Wearable Patches Market Grow by 2025 in Terms of Size and Growth?
The market size for connected wearable patches has seen significant expansion in the most recent years. With an expected rise from $5.62 billion in 2024 to $6.42 billion in 2025, representing a compound annual growth rate…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 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…
