Rising Internet penetration, advent of 5G network, and rapidly growing end-use industries wherein data monetization is crucial are key factors driving market revenue growth.
Market Size - USD 2,347.1 Million in 2020, Market Growth - CAGR of 20.3%, Market Trends - Rising investments by various industry verticals on cloud-based solutions, IoT, AI, and big data analytics, among other technologies.
The global data monetization market size is expected to reach USD 10.47 Billion in 2028, and register a CAGR of 20.3% during the forecast period. Increasing adoption of cloud computing and other advanced technologies, rising trend of bring your own device (BYOD), and integration of IoT-powered devices are generating large data volumes globally, which in turn is expected to result in need for data monetization, thereby driving growth of the global data monetization market.
Some Key Findings From the Report:
For the purpose of this report, the global data monetization market is segmented on the basis of data type, component, organization size, deployment mode, end use, industry vertical, and region:
Data Type Outlook (Revenue, USD Billion; 2018 - 2028)
Component Outlook (Revenue, USD Billion; 2018 - 2028)
Deployment Mode Outlook (Revenue, USD Billion; 2018 - 2028)
Organization Size Outlook (Revenue, USD Billion; 2018 - 2028)
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
Industry Vertical Outlook (Revenue, USD Billion; 2018 - 2028)
Region Outlook (Revenue, USD Billion; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 2,347.1 Million in 2020, Market Growth - CAGR of 20.3%, Market Trends - Rising investments by various industry verticals on cloud-based solutions, IoT, AI, and big data analytics, among other technologies.
The global data monetization market size is expected to reach USD 10.47 Billion in 2028, and register a CAGR of 20.3% during the forecast period. Increasing adoption of cloud computing and other advanced technologies, rising trend of bring your own device (BYOD), and integration of IoT-powered devices are generating large data volumes globally, which in turn is expected to result in need for data monetization, thereby driving growth of the global data monetization market.
Some Key Findings From the Report:
- Among the deployment mode segments, the on premise segment accounted for the largest revenue share of 61.8% in 2020, due to increasing demand for on premises deployment mode as it is safer and cost-effective than cloud deployment.
- North America accounted for major revenue share in 2020, followed by Europe market and Asia Pacific market, respectively.
- The Asia Pacific market size was USD 586.8 Million in 2020, due to rapid industrialization, and growing need and demand for data monetization from various industrial verticals operating in countries in the region.
- Key players profiled in the report include Adastra, Accenture, Dawex, Cisco, Emu Analytics, Elevondata, Google, Gemalto, iConnectiva, IBM, Mahindra Comviva, Infosys, Narrative, Monetize Solutions, NETSCOUT, NESS, Optiva, Openwave Mobility, Reltio, Paxata, SAS, SAP SE/ SAP ERP, and Virtusa. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
- In 2018, AT&T acquired AppNexus as a part of AT&T advertising and analytics business segment. AppNexus integrates with AT&T’s first-party data, premium video content, and distribution. AppNexus also helps in extending AT&T’s advertising and analytics footprint globally, expanding into Asia-Pacific, Europe, Australia, and Latin America.
For the purpose of this report, the global data monetization market is segmented on the basis of data type, component, organization size, deployment mode, end use, industry vertical, and region:
Data Type Outlook (Revenue, USD Billion; 2018 - 2028)
- Customer data
- Product data
- Financial data
- Supplier data
Component Outlook (Revenue, USD Billion; 2018 - 2028)
- Solution
- Services
Deployment Mode Outlook (Revenue, USD Billion; 2018 - 2028)
- Cloud
- On Premise
Organization Size Outlook (Revenue, USD Billion; 2018 - 2028)
- Small and Medium Sized Enterprises (SMEs)
- Large Enterprises
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
- Process Optimization
- Product Optimization
- Risk Prevention and Fraud Detection
- Marketing and Sales Solution
- Others
Industry Vertical Outlook (Revenue, USD Billion; 2018 - 2028)
- Healthcare and Life Sciences
- Retail and E-commerce
- IT and Telecommunication
- Manufacturing
- Banking, Financial Services, and Insurance (BFSI)
- Others
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Data Monetization Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Data Monetization Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Data Monetization Market Segmentation & Impact Analysis
Chapter 5. Data Monetization Market By Data Type Insights & Trends
Chapter 6. Data Monetization Market By Deployment Mode Insights & Trends
Chapter 7. Data Monetization Market By Component Insights & Trends
Chapter 8. Data Monetization Market By Organization Size Insights & Trends
Chapter 9. Data Monetization Market By End Use Insights & Trends
Chapter 10. Data Monetization Market By Industry Vertical Insights & Trends
Chapter 11. Data Monetization Market Regional Outlook
Chapter 12. Competitive Landscape
Chapter 13. Company Profiles
Companies Mentioned
- Adastra
- Accenture
- Dawex
- Cisco
- Emu Analytics
- Elevondata
- Gemalto
- iConnectiva
- IBM
- Mahindra Comviva
- Infosys
- Narrative
- Monetize Solutions
- NETSCOUT
- NESS
- Optiva
- Openwave Mobility
- Reltio
- Paxata
- SAS
- SAP
- Virtusa