Title: marketreportsupdates (90)
1Data Monetization Market To Reach USD 4.75
Billion By 2026
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2Market Size USD 1.39 Billion in 2018, Market
Growth - CAGR of 16.5, Market Trends
Penetration of the internet and e-commerce.
Market Summary
The global data monetization market is forecast
to reach USD 4.75 Billion by 2026, according to a
new report by Reports and Data. Monetizing data
is an opportunity to enhance, activate, and
create new value from a customer-based data
assets in a safer way. Monetization of data
serves as a way of leveraging data as a
competitive asset. They can create a new revenue
stream to expand investments in data acquisition,
processing, and forecasting while reducing other
expenses across the organization, increasing
profitability.
- Further key findings from the report suggest
- Among the data types the customer data accounted
for the largest market share of 35 in the year
2018. Customer data is so essential in any
business. Companies are investing in millions of
getting more information on their customers.
Customer purchase patterns and trends play a
crucial role in stocking such products in the
warehouse. Monetization help companies in
maintaining the communication data with the
customers to follow up issues. This improves the
customer relationship with the organization. - Financial data is forecasted to witness the
highest growth rate of 17.6 during the forecast
period.
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3 Market Summary
Key Players
Key participants 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, and Virtusa, among others.
Segmentation
Data Type Outlook (Revenue, USD Billion
2016-2026) Customer data Product data Financial
data Supplier data Component Outlook (Revenue,
USD Billion 2016-2026) Solution Services
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4 Market Summary
- Regional Outlook for Assessment Services Market
analyses the following geographies - North America (United States, Canada, and Mexico)
- Europe (Germany, France, UK, Russia, and Italy)
- Asia-Pacific (China, Japan, Korea, India, and
Southeast Asia) - South America (Brazil, Argentina, Colombia, etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt,
Nigeria, and South Africa)
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5 The report emphasizes the following key
questions
Q.1.What are the most lucrative and promising
growth prospects for the market? Q.2.Which
sectors are expected to deliver a high growth
rate and which industry aspects come into play in
this advancement? Q.3.Which geographies are
estimated to exhibit the highest growth and the
underlying causes? Q.4.Which factors are
impacting the future of the market and what are
the driving factors? Q.5.What are the hurdles
and challenges curtailing the industrys growth
in the forecast period?
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6About Us
Reports and Data is a market research and
consulting company that provides syndicated
research reports, customized research reports,
and consulting services. Our solutions purely
focus on your purpose to locate, target and
analyze consumer behavior shifts across
demographics, across industries and help clients
make a smarter business decision. We offer market
intelligence studies ensuring relevant and
fact-based research across a multiple industries
including Healthcare, Technology, Chemicals,
Power, and Energy. We consistently update our
research offerings to ensure our clients are
aware about the latest trends existent in the
market. Reports and Data has a strong base of
experienced analysts from varied areas of
expertise.
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