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Data Monetization Market is valued at USD 1.34 Billion in 2018 and expected to reach USD 4.15 Billion by 2025 with the CAGR of 17.53% over the forecast period.

What Data Monetization Market Report Will Provide?

The study involved four major activities in estimating the current size for the Data Monetization market. Exhaustive secondary research was done to collect information on the market and its different subsegments. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size.

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Increasing use of external data sources, constant rise in the volume of enterprise data and technological advancements in big data & analytics solutions are the major factors stimulating the growth of the global data monetization market.

Market Analysis ofData Monetization-

Data monetization is the process of transforming large amounts of unstructured corporate data into valuable information to gain economic value or exchange services. Data monetization involves using data assets to create value for the organization. Monetization can be done in two ways: indirect and direct. The large amount of data that is generated is packaged into data products and sold which is called direct monetization or processed to extract information which is called indirect monetization. The data monetization tool incorporates big data and analytics, allowing companies to monetize data generated by various services (such as sales and marketing, supply chain management, operations and finance). Data monetization increases the value of data, optimizes the use of data and maximizes its value potential. Data monetization strategies can increase overall productivity and create a competitive advantage in the market. Data monetization is really helpful for organizations to reduce costs or increase the revenue by investing in an analytics platform which can convert unstructured data into a valuable information in real-time data streams. For example, a telecommunications company with a lot of information may sell the data by turning it into valuable information, or it may charge a fee for the ability to access and analyze the data.

Data Monetization Market Report Provides Comprehensive Analysis on Following:

The report also focuses on the global major leading industry players of the Global Data Monetization market providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information.

Global Data Monetization market is segmented on the basis of method, deployment, data type, end user and region. Based on the deployment, the market is segmented into cloud and on-premises. Based on the method, the market is segmented into direct and indirect. Based on data types, the market is segmented into customer data, product data, financial data and supplier data. Based on end user, the market is segmented into BFSI, e-commerce & retail, telecommunication & it, manufacturing, healthcare, energy & utilities and others.

Data Monetization is refer to a positive and measurable impact on business revenue by using data effectively. There are many ways to utilize data that can impact costs or revenue. The two types of data monetization are direct monetization that refers to more than selling users raw data. And monetization indirect this data monetization desires user to think about data as a strategic asset in new ways. The role of data and data analytics has grown and become more important in the eyes of organizations now days. Data monetization has increased with trends like big data and the IOT. Additionally, C-level executives carry on recognizing the value of data, and as the world continues to be instrumented real-time analytics, data will helps to booming business.

Top Companies of Data Monetization Market Report

The regions covered in this Data Monetization Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Data Monetization is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.

Key Players

Some major key players for global Data Monetization market are 1010data, Accenture, Adastra, Cisco, Dawex, Elevondata, Emu Analytics, Gemalto, Google, IBM, iConnectiva, Infosys, Mahindra Comviva, Monetize Solutions, Narrative, NESS, NETSCOUT, Openwave Mobility, Optiva, Paxata , Reltio, SAP, SAS, and Virtusa and others.

Market Dynamics-

Major factors driving the global data monetization market are use of data in various ways to enhance the business such as to advanced analytics and visualization, increasing use of external data sources, increasing adoption of data-driven decision-making and increasing volume in variety of business. The ability to use and monetized data to help almost in every type of business provides strength to the market. Therefore, driving value from data must now be expected as part an overall business strategy such used of data in various businesses is becoming trend to get a deep knowledge of the market such factor drives the market growth. However, some factors such as improper implementation of security protocols may cause data and security theft may restrain the market growth. Moreover, some advance technology to collecting data may provide opportunity for the further growth of the market.

Key Benefits for Industry Participants & Stakeholders

In-depth Analysis of the Global Data Monetization Market

Historical, Current and Projected Market Size in terms of value and Volume

Potential & Niche Segments and Regions Exhibiting Promising Growth Covered

Industry Drivers, Restraints and Opportunities Covered in the study

Reecent Industry Trends and Developments

Competitive Landscape & Strategies of Key Players

Neutral Perspective on Global Data Monetization Market Performance

Asia pacific is expected to Witness a Fastest Growth in the Global Data Monetization Market

North America has been the market leader so far and is expected to remain dominant in future in the global data monetization market majorly due to the large number of technologically advanced solutions and the growing volume of corporate data across vertical sectors in various sectors, coupled with the tendency of people to adopt advanced data-driven business strategies. As per IDC, United states are the largest country in terms of big data with revenue of around 200 US dollar, which is almost equal to combination of next 4 countries in the list. The amount of data created by US companies alone each year is enough to populate 10,000 congressional libraries. The Asia-Pacific region is expected to achieve the fastest growth rate, as in many large consumer markets such as China and India, people are increasingly focusing on improving customer coverage and increase brand loyalty. The use of data monetization has brought new growth opportunities to organizations. Data monetization providers work with multiple industries to provide their customers with professional information and services.

Globally, the demand for Data Monetization market is high in parsimoniously advanced countries, whereas the emerging counties are holding up the step. North Americais one of the largest shares of the data monetization market owing to high attention of BFSI, telecom, and consumer goods and retail companies that largely adopted the data monetization tools. Asia Pacific is likely to grow at the fastest CAGR over the forecast period due to the increase in investment of new business project in this region and also increase competition in the market the data monetization helps to solve the many problems in business.

Key Benefits for Market Report

Market Segmentation:-

Global data monetization market report is segmented on the basis of component, data type, business function, deployment type, organization size, industry vertical and region & country level. On the basis of component, the market is segmented in to tools and services. And services are sub divided into support and maintenance, consulting and implementation. On the basis of data type, the market is segmented into customer data, product data, financial data and supplier data. By business function, the market is segmented into sales and marketing, supply chain management, operations, finance and others (R&D, hr, and legal). By deployment type, the market is segmented into on-premises and cloud. By organization size, the market is segmented in to small and medium-sized enterprises (SMEs) and large enterprises. By industry vertical the market is segmented into banking, financial services, and insurance (BFSI), telecom, consumer goods and retail, media and entertainment, government and defense, manufacturing, transportation and logistics, energy and utilities, healthcare and others.

By Component:

By Data Type:

By Business Function:

By Deployment Type:

By Organization Size:

By Industry Vertical:

Table of Content

1.1. Research Process

1.2. Primary Research

1.3. Secondary Research

1.4. Market Size Estimates

1.5. Data Triangulation

1.6. Forecast Model

1.7. USPs of Report

1.8. Report Description

2.1. Market Introduction

2.2. Executive Summary

2.3. Global Data Monetization Market Classification

2.4. Market Drivers

2.5. Market Restraints

2.6. Market Opportunity

2.7. Data Monetization Market: Trends

2.8. Porters Five Forces Analysis

2.9. Market Attractiveness Analysis

Continued.

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Data Monetization Companies are 1010data, Inc., Accenture Plc., SAP SE, Adastra Corporation, Google and forecast to 2027 KSU | The Sentinel Newspaper...