Data Monetization Market Key Manufacturers, Development Trends

Posted by Andre on December 9th, 2019

According to the latest report published by Data Bridge Market Research, the Data Monetization Market is anticipated to grow at a steady pace over the forecast period 2019 – 2025. The report sheds light on the various trends and restraining factors that are expected to shape the growth of the Data Monetization Market in the upcoming years. The report ponders over the various parameters that are expected to impact revenue generation, sales, and demand for the Data Monetization Market in the various regional markets.

The Global Data Monetization Market accounted for USD 1.3 billion in 2017 and is projected to grow at a CAGR of 17.6% the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025

Market Definition: Global Data Monetization Market

Data monetization is the way towards changing the substantial unstructured volume of big business information into profitable bits of knowledge for drawing financial esteem or trade of administration. It involves the utilization of information resources that generate value to the organizations. Data monetization can be done in two ways: by directly and by indirectly. The huge amount of information created can be bundled into information items and sold (direct monetization) or it can be processed to extract insights (indirect monetization) and can be utilized to help business choices

Top Manufacturers Profiles Operating in the Data Monetization Market:     

The renowned players in data monetization market are Adastra Group, CellOS Software Ltd, Connectiva Analytics and Insights Ltd., Dawex Systems, Infosys Limited, Mahindra ComViva, Mnubo, Netscout Systems, Inc., Paxata, Inc., Optiva Inc., (Redknee Solutions Inc.), ALC, SAP SE, SQLstream, Inc., Virtusa Corporation, Infosys, Google, IBM, Cisco, 101 data, Accenture, Monetize Solutions, Narrative, NESS, NETSCOUT, Openwave Mobility among others.

Data Monetization Market Scope:

• The global data monetization market is based on component, data type, business functions, deployment model, organization size, industry vertical and geographical segments.
• Based on component, the global data monetization market is segmented into tools and services. The services segment can further be sub segmented into support and maintenance, consulting and implementation.
• Based on data type, the market can be segmented into customer data, product data, financial data and supplier data.
• Based on business segments, the market can be segmented into sales and marketing, supply chain management, operations, finance and others (R&D, HR, and legal).
• Based on deployment model, the market can be segmented into cloud and on premises.
• Based on organization size, the market can be segmented into small and medium-sized enterprises (SMES) and large enterprises.
• Based on industry vertical, the market can be 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 (real estate, education, and travel and hospitality).
• Based on geography the data monetization market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Competitive Analysis: Global Data Monetization Market

The global data monetization market is fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market in order to sustain in long run. The report includes market shares of data monetization market for global, Europe, North America, Asia Pacific and South America

Key Questions Answered in Data Monetization Market Report

• Which regions will continue to remain the most profitable markets for market players?
• Which factors will induce a change in the demand for market during the assessment period?
• How will changing trends impact the market?
• How can market players capture the low-hanging opportunities in the market in developed regions?
• Which companies are leading the market?
• What are the winning strategies of stakeholders in the market to upscale their position in this landscape?

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