[May 24, 2018]

Global Data Monetization Market Analysis & Forecasts 2018-2023 - A $3.12 Billion Market Opportunity - ResearchAndMarkets.com

The "Data Monetization Market by Component (Tools and Services), Data Type, Business Function, Deployment Type (On-Premises and Cloud), Organization Size, Industry Vertical (BFSI, Consumer Goods and Retail and Telecom) & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The data monetization market size is expected to grow from USD 1.42 billion in 2018 to USD 3.12 billion by 2023, at a CAGR of 17.1% during the forecast period.

The growth in the use of external data sources, increasing adoption of data-driven decision-making, advanced analytics and visualization, and increasing volume and variety of business data are expected to drive the growth of the data monetization market. The major factor that restricts the market growth is the varying structure of regulatory policies.

The finance business function is estimated to dominate the data monetization market in 2018. This business function is in high demand in highly regulated industry verticals, such as BFSI, and consumer goods and retail, where the companies use data monetization tools to analyze large amounts of data and create actionable insights.

Market Dynamics

Drivers

• Rapid Adoption of Advanced Analytics and Visualization
• Increasing Use of External Data Sources
• Increasing Adoption of Data-Driven Decision-Making
• Increasing Volume and Variety of Business Data

Restraints

• The Varying Structure of Regulatory Policies
• Organizational Capabilities and Culture

Opportunities

• Increasing Need to Create Insights From a Pool of Data
• Increasing Adoption of AI for Data Processing

Challenges

• Privacy and Security Aspects
• Increasing Complexities in Data Structures

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Data Monetization Market, By Component

7 Data Monetization Market By Data Type

8 Data Monetization Market, By Business Function

9 Data Monetization Market By Deployment Type

10 Data Monetization Market, By Organization Size

11 Data Monetization Market, By Industry Vertical

12 Data Monetization Market, By Region

13 Competitive Landscape

14 Company Profiles

• 1010data
• Accenture
• Adastra
• ALC
• Cisco (News - Alert)
• Dawex Systems
• Elevondata
• Emu Analytics
• Gemalto
• Google
• IBM (News - Alert)
• Iconnectiva
• Infosys
• Mahindra Comviva
• Monetize Solutions
• Narrative
• NESS
• NETSCOUT
• Openwave Mobility
• Optiva
• Paxata
• Reltio
• SAP (News - Alert)
• SAS
• Virtusa

For more information about this report visit https://www.researchandmarkets.com/research/nj5452/global_data?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180524006401/en/

[ Back To TMCnet.com's Homepage ]