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Enterprise Data Surge Fuels Robust Growth In Data Monetization In Telecom Market: A Significant Driver Propelling The Data Monetization in Telecom Market In 2025
Data Monetization in Telecom
What Is the Expected Data Monetization in Telecom Market Size During the Forecast Period?
The telecom data monetization market has seen a significant expansion in the recent past. The market size is projected to increase from $5.3 billion in 2024 to $6.35 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.8%. Factors such as increased data production, the spread of smartphones, a competitive market environment, customized services, and modifications in regulations have contributed to the growth experienced during the historic period.
The telecom data monetization market size is expected to experience significant expansion in the upcoming years. It is anticipated to surge to $15.18 billion by 2029, with a compound annual growth rate (CAGR) of 24.3%. This predicted growth in the forecast period can be ascribed to factors like the deployment of 5G technology, the integration of edge computing, and platforms for data monetization. Looking ahead, key trends predicted to shape the market include improvements in AI and machine learning, increased collaboration and partnerships in the ecosystem, and the capitalization of subscriber data.
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What Are the High-Growth Segments in the Data Monetization in Telecom Market?
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
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What Key Drivers Are Expected to Influence Future Data Monetization in Telecom Market Growth?
The growth of data monetization in the telecom market is projected to accelerate due to the surge in enterprise data volume. Enterprise data is the information typically shared between different departments or geographic locations within an organization. Right now, a majority of telecom companies possess raw enterprise data that they utilize to strategize business model alterations to incorporate new avenues for data monetization. For instance, as per Matillion, a UK-based firm offering cloud-based data integration tools, a recent poll indicated a monthly average increase of 63 percent in data volumes within companies as per data experts participating in the poll. Consequently, the telecom market is experiencing a growth in data monetization fueled by the escalation in enterprise data volume.
Which Companies Hold the Largest Share Across Different Data Monetization in Telecom Market Segments?
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.
What Are the Latest Developing Trends in the Data Monetization in Telecom Market?
In an effort to gain a competitive advantage in the data monetization in telecom market, leading companies are introducing new products, specifically AI and ML-powered charging solutions. Such solutions employ cutting-edge technologies to enhance and perfect the charging processes across multiple industries, most notably in electric vehicles, consumer electronics, and other devices powered by batteries. For example, Nokia Corporation, a technology company based in Finland, launched its enterprise edge charging software in September 2023. This software is designed to aid the charging of services at the edge of 5G networks by Communication Service Providers (CSPs) and corporate entities. Leveraging AI and ML, the solution provides improved control over network data for businesses and CSPs, enabling quick generation of new market offers and pricing. It's created on a microservices-based architecture compatible with any cloud.
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What Are the Emerging Geographies for The Data Monetization in Telecom Market Growth?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Data Monetization in Telecom Market?
2. What is the CAGR expected in the Data Monetization in Telecom Market?
3. What Are the Key Innovations Transforming the Data Monetization in Telecom Industry?
4. Which Region Is Leading the Data Monetization in Telecom Market?
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