Market Analysis and Insights: Global Data Monetization Market

Data monetization, a form of monetization, is the act of generating measurable economic benefits from available data sources. Typically these benefits accrue as revenue or expense savings, but may also include market share or corporate market value gains. Data monetization leverages data generated through business operations, available exogenous data or content, as well as data associated with individual actors such as that collected via electronic devices and sensors participating in the internet of things. For example, the ubiquity of the internet of things is generating location data and other data from sensors and mobile devices at an ever increasing rate. The data in this report is based on data analytics software fees and service fees for Data Monetization.

Due to the COVID-19 pandemic, the global Data Monetization market size is estimated to be worth US$ 1656.1 million in 2022 and is forecast to a readjusted size of US$ 26340 million by 2029 with a CAGR of 47.9% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, On-Premises accounting for % of the Data Monetization global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Telecom segment is altered to an % CAGR throughout this forecast period.

Global Data Monetization main players are Accenture, Viavi Solutions, Infosys, IBM, etc. Global top four manufacturers hold a share nearly 50%. North America is the largest market, with a share over 40%.

Global Data Monetization Scope and Market Size

The global Data Monetization market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Data Monetization market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2018-2029.


Segment by Type


On-Premises

Cloud


Segment by Application


Telecom

Finance & Banking

E-Commerce & Retail

Network & Software

Manufacturing

Others

By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions


By Company


Accenture

Viavi Solutions

Infosys

SAP

Adastra

Mahindra Comviva

Alepo

EMC

ALC

Redknee

SAS

Monetize Solutions

Reltio

IBM

Teradata

CellOS Software

Altruist India/Connectiva

Samsung ARTIK

1010DATA

Dawex Systems