Global Data Monetization Market 2023-2027
The data monetization market is forecasted to grow by USD 4184.81 mn during 2022-2027, accelerating at a CAGR of 19.57% during the forecast period. The report on the data monetization market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high adoption of data monetization by various platforms, emergence of data-driven business models, and growing demand for tailored solutions.
Technavio's data monetization market is segmented as below:
- By Type
- Solution
- Service
- By Platform
- BFSI
- E-commerce and retail
- Media and entertainment
- Manufacturing
- Others
- By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
This study identifies the digital transformation of business as one of the prime reasons driving the data monetization market growth during the next few years. Also, collaboration and partnerships and advancement in big data analytics technologies will lead to sizable demand in the market.
The report on the data monetization market covers the following areas:
- Data monetization market sizing
- Data monetization market forecast
- Data monetization market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading data monetization market vendors that include Accenture Plc, Ciena Corp., Cisco Systems Inc., CoreSite Realty Corp., Equinix Inc., Extreme Networks Inc., Fujitsu Ltd., Huawei Technologies Co. Ltd., Infosys Ltd., International Business Machines Corp., Juniper Networks Inc., Microsoft Corp., Nokia Corp., NTT Corp., Oracle Corp., Salesforce Inc., SAP SE, SAS Institute Inc., TIBCO Software Inc., and Viavi Solutions Inc.. Also, the data monetization market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.