Published by news degree
Posted on July 30, 2021
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. Data monetization aims to improve the internal processes such as marketing and customer experience or the maintenance of equipment. It also involves using data to extend an organization’s product offering with data-driven services or business models to create new revenue streams.
The growing adoption of cloud-based enterprise applications has helped in reducing IT costs. Moreover, the ever-increasing popularity of IoT, AI, and big data analytics in the APAC region will also influence market growth. The growing adoption of smartphones, coupled with the penetration of the internet, will boost the market for e-commerce websites and applications.
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.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2309
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. The financial data produce specific outputs, including accounting reports, operating & capital budgets, forecasts of the cash flows, working capital reports, and analysis based on the considerations of various scenarios. The financial data can be analyzed in multiple ways, including ratio analysis, trend evaluation, and financial modelling.
Among the components, the solutions accounted for a larger market share of ~54% in the year 2018. The solutions are used by end-use industries for applications such as operations, human resources, financial, IT, marketing, and sales, among others.
The services segment is forecasted to witness a higher growth rate of 17.2% during the forecast period. The segment is further classified into managed and professional services.
North America held the largest market share of ~30% in the year 2018. The growing investments in digitalization and e-commerce are governing the market in the region. The region has adopted new and advanced technologies at a very early stage. High penetration of cloud technology, the internet of things, machine learning, artificial intelligence, and big data, among others, are propelling the market in North America. All these technologies and innovations generate an enormous amount of data every day. Moreover, the region is a hub for significant market vendors who are increasingly launching new products in the market.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2309
For this report, Reports and Data have segmented into the global Data Monetization market on the basis of resin type, composite phases, industry vertical, and region:
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
Deployment Mode Outlook (Revenue, USD Billion; 2016-2026)
Cloud
On-Premises
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Small and Medium Sized Enterprise
Large Enterprises
End Use Outlook (Revenue, USD Billion; 2016-2026)
Process Optimization
Product Optimization
Risk Prevention and Fraud Detection
Marketing and Sales Solution
Others
Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
Healthcare and Life Sciences
Retail and E-commerce
IT and Telecommunication
Manufacturing
Banking, Financial Services, and Insurance (BFSI)
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2309
Have a Look at Related Reports:
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Cognitive Assessment And Training Market Size, Share And Industry Analysis By Component (Services, Solution), By Assessment Type (Biometrics Assessment, Pen and Paper Based-Assessment, Hosted Assessment), By End-user (Healthcare, Education, Corporate, Others) And Region, Segment Forecasts To 2026
Blockchain in Agriculture Market Size, Trends & Analysis, By Stake Holders (Growers, Food Manufacturers/Processors, And Retailers) By Provider, By Application, By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises), And Segment Forecasts To 2027
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Managed Detection and Response (MDR) Market By Security Type, By Organization Size, By Service Type, By Deployment, By End-User, And Segment Forecasts, 2016-2026
About Reports and Data
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 client’s 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.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Data Monetization Market Size, Revenue Analysis, PEST, Region & Country Forecast, 2016–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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. Data monetization aims to improve the internal processes such as marketing and customer experience or the maintenance of equipment. It also involves using data to extend an organization’s product offering with data-driven services or business models to create new revenue streams.
The growing adoption of cloud-based enterprise applications has helped in reducing IT costs. Moreover, the ever-increasing popularity of IoT, AI, and big data analytics in the APAC region will also influence market growth. The growing adoption of smartphones, coupled with the penetration of the internet, will boost the market for e-commerce websites and applications.
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.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2309
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. The financial data produce specific outputs, including accounting reports, operating & capital budgets, forecasts of the cash flows, working capital reports, and analysis based on the considerations of various scenarios. The financial data can be analyzed in multiple ways, including ratio analysis, trend evaluation, and financial modelling.
Among the components, the solutions accounted for a larger market share of ~54% in the year 2018. The solutions are used by end-use industries for applications such as operations, human resources, financial, IT, marketing, and sales, among others.
The services segment is forecasted to witness a higher growth rate of 17.2% during the forecast period. The segment is further classified into managed and professional services.
North America held the largest market share of ~30% in the year 2018. The growing investments in digitalization and e-commerce are governing the market in the region. The region has adopted new and advanced technologies at a very early stage. High penetration of cloud technology, the internet of things, machine learning, artificial intelligence, and big data, among others, are propelling the market in North America. All these technologies and innovations generate an enormous amount of data every day. Moreover, the region is a hub for significant market vendors who are increasingly launching new products in the market.
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2309
For this report, Reports and Data have segmented into the global Data Monetization market on the basis of resin type, composite phases, industry vertical, and region:
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
Deployment Mode Outlook (Revenue, USD Billion; 2016-2026)
Cloud
On-Premises
Organization Size Outlook (Revenue, USD Billion; 2016-2026)
Small and Medium Sized Enterprise
Large Enterprises
End Use Outlook (Revenue, USD Billion; 2016-2026)
Process Optimization
Product Optimization
Risk Prevention and Fraud Detection
Marketing and Sales Solution
Others
Industry Vertical Outlook (Revenue, USD Billion; 2016-2026)
Healthcare and Life Sciences
Retail and E-commerce
IT and Telecommunication
Manufacturing
Banking, Financial Services, and Insurance (BFSI)
Others
Regional Outlook (Volume, Kilo Tons; 2018-2028 and Revenue, USD Million; 2018-2028)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2309
Have a Look at Related Reports:
Multiexperience Development Platforms (MXDP) Market Analysis, By Component (Platform, Services), By Deployment Type (On-Premise, Cloud), By Organization Size (Small enterprise, medium sized enterprise, Large scale enterprise), By End Use, By Region Forecasts To 2026
Cognitive Assessment And Training Market Size, Share And Industry Analysis By Component (Services, Solution), By Assessment Type (Biometrics Assessment, Pen and Paper Based-Assessment, Hosted Assessment), By End-user (Healthcare, Education, Corporate, Others) And Region, Segment Forecasts To 2026
Blockchain in Agriculture Market Size, Trends & Analysis, By Stake Holders (Growers, Food Manufacturers/Processors, And Retailers) By Provider, By Application, By Organization Size (Large Enterprises, Small And Medium-Sized Enterprises), And Segment Forecasts To 2027
Application Hosting Market Size, Share And Industry Analysis By Hosting Type (Managed Hosting, Colocation Hosting, Cloud Hosting), By Organization Size Type (Large Enterprises, Small and Medium-Sized Enterprises), By Application Type (Web-Based, Mobile-Based), By End-user Type (Telecommunications and IT, Banking, Financial Services, and Insurance, Retail and Ecommerce, Media and Entertainment, Manufacturing, Healthcare, Energy and Utilities, Others) And Region, Segment Forecasts To 2026
Managed Detection and Response (MDR) Market By Security Type, By Organization Size, By Service Type, By Deployment, By End-User, And Segment Forecasts, 2016-2026
About Reports and Data
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 client’s 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.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
The post Data Monetization Market Size, Revenue Analysis, PEST, Region & Country Forecast, 2016–2026 | Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
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