Data monetization is an act of generating that refer to act of accounting benefits from available data sources. In simple terms, it is an act of monetizing data services. According to the KD market insights the data monetization market is predicted to grow at a CAGR of 23.4% during the estimated period of 6 years i.e. 2018-2023. Currently, the global market is accounted for USD 1,856.6 million in 2017 and is expected to grow till USD 6,441.8 by 2023. Most of the corporate companies are adopting advanced data-driven decision-making platforms to stay ahead in the competition and thus contribute to rising demand for data monetization market. Moreover, another reason behind the popularity is the amount of data volume increasing day by day. Currently, North America is represented as the largest market, but the forecast says that Asia Pacific is going to record the fastest CAGR.
Report description: –
Data monetization market research provides a deep study of its global market and insights that is the major reason behind the acceptance of the product in the market. The report provides an overview of key competitors in the market, challenges faced plans, policies, and strategies adopted for the product to grow in the market. It also provides the techniques, strategies adopted by the industry rulers in the market to succeed in the market.
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Data monetization market is likely to grow at a very fast pace during the predicted span of 6 years due to the innovative techniques, benefits it provides to customers, which help them to grab market share. The report begins with an introduction of the data monetization market in terms of value. It also covers the current market trends, competitors, challenges faced in the market.
Data monetization market has been split by offering, application, vertical, method, organization size, deployment type, and geography. On the basis of the offering, it is further split into the platform (standalone & suite) and service. Application segment has been divided as sales & marketing, supply chain assessment, operations, finance, equipment monitoring, and others. By vertical it is sub-segmented as telecommunication, automotive, healthcare, FMCG, travel & logistics, retail, BFSI, and others. By method, it has been split into direct data monetization and indirect data monetization. Organization size has been divided into large, small and medium enterprises. The deployment type is further split into on-premise and cloud-based.
Research covers the analysis of data monetization market for the global countries in the world. The report provides an abstract of 2018-2023 and gives a future prediction in the context of this market. This also covers the new technologies emerging in the market and its direct impact on the growth of the monetization market. The report contains the leading trends within countries that contribute to overall market growth as well as depict the factors that are responsible for the impact in a particular region. The geography covered in this report includes North America (U.S. & Canada),Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific), Latin America(Brazil, Mexico, Argentina and Rest of Latin America) and Middle East Africa (GCC, North Africa and Rest of Middle East & Africa).
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It provides the current condition of the market and the objective that the data monetization market needs to achieve in the market. For the examination, 2017 is considered as the base year, 2018 as an estimated year and 2018-2023 as a forecasted year. The data is provided by keeping all these factors in mind. The segments are further divided into sub-segments for the better examination of the market and to examine every factor correctly. The major player’s techniques are also been taken into consideration to examine the future plans and policies concisely. The key market players are Accenture, IBM, Google LLC, Infosys, Tech Mahindra, SAP SE, Paxata, Inc., Ness, Gemalto NV, Cisco, Other Major & Niche Players
In the final section of the report the SWOT analysis, risk analysis, key facts, company overview, business strategy has been examined properly taking all the factors of the market into consideration. A detailed analysis related to acquisition, expansion, technology, development has been made. Further, the long and short-term strategies adopted by the company have been evaluated, and the demand of the data monetization in the near future is estimated in advance to overcoming the unforeseen circumstances.
Table of Content: –
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Data Monetization Market
3. Global Data Monetization Market Trends
4. Opportunities in Global Data Monetization Market
5. Recent Industry Activities, 2017
6. Porter’s Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Data Monetization Market Size (USD Million), Growth Analysis and Forecast, (2017-2023)
9. Global Data Monetization Market Segmentation Analysis, By Offering
9.2. Market Attractiveness, By Offering
9.3. BPS Analysis, By Offering
9.4. Platform Market Size & Forecast (USD Million), 2017-2023
9.4.1. Standalone Market Size & Forecast (USD Million), 2017-2023
9.4.2. Suite Market Size & Forecast (USD Million), 2017-2023
9.5. Services Market Size & Forecast (USD Million), 2017-2023
10. Global Data Monetization Market Segmentation Analysis, By Application
10.2. Market Attractiveness, By Application
10.3. BPS Analysis, By Application
10.4. Sales & Marketing Market Size & Forecast (USD Million), 2017-2023
10.5. Supply Chain Assessment Market Size & Forecast (USD Million), 2017-2023t
10.6. Operations Market Size & Forecast (USD Million), 2017-2023
10.7. Finance Market Size & Forecast (USD Million), 2017-2023
10.8. Equipment Monitoring Market Size & Forecast (USD Million), 2017-2023
10.9. Others Market Size & Forecast (USD Million), 2017-2023
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