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Data Monetization Market Size, By Business Function, 2017–2023

The Data Monetization Market was valued at $44,869 million in 2016, and is projected to reach at $370,969 million by 2023, growing at a CAGR of 35.4% from 2017 to 2023.

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Data Monetization Market Size, By Business Function, 2017–2023

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  1. Data Monetization Market Global Opportunity Analysis and Industry Forecast, 2017-2023

  2. INTRODUCTION Data Monetization Market by End User: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global data monetization market was valued at $44,869 million in 2016, and is projected to reach at $370,969 million by 2023, growing at a CAGR of 35.4% from 2017 to 2023. Continuous rise in the volume of enterprise data, technological advancements in big data & analytics solutions, and increase in importance to generate new revenue streams drive the growth of the global data monetization market growth. However, security and privacy concerns hamper the market growth. Based on end user, the BFSI segment led the market in 2016, and is projected to maintain its dominance in the future. However, the others segment is expected to witness the highest growth, owing to increased adoption of data monetization solutions in numerous industry verticals due to its potential benefits. Data Monetization Market

  3. Data Monetization Market Click to Get sample PDF Brochure: https://www.alliedmarketresearch.com/request-sample/2712 Data Monetization Market

  4. OVERVIEW Data monetization involves the monetization of the asset of data to generate high revenue from available data sources or real-time streamed data by introducing the discovery, capture, storage, analysis, dissemination, and use of that data. Data monetization leverages data generated through business operations as well as data associated with individual factors and with electronic devices & sensors contributing in the Internet of Things (IoT). This data is used to generate valuable insights for the organization to generate new revenue streams. The growth of the global data monetization market is driven by continuous rise in enterprises data, technological advancements in big data & analytics solutions, and increase in focus of organizations to generate new revenue streams. However, security and privacy concerns related with data monetization solutions imped the market growth. On the contrary, increased awareness about the potential benefits of the data monetization solutions and its increased adoption among telecom service providers are expected to provide potential opportunities for market expansion. Data Monetization Market

  5. KEY FINDINGS • The other segment is expected to exhibit significant growth in the global data monetization market during the forecast period. • In 2016, the BFSI segment accounted for the highest revenue among the other end users. • North America generated the highest revenue in 2016. • Asia-Pacific is projected to exhibit substantial growth during the forecast period. Data Monetization Market

  6. Data Monetization Market by End User Data Monetization Market

  7. KEY PLAYERS and Top Impacting Factors Some of the key players operating in the data monetization market that are profiled in the report include Accenture, SAP SE, Adastra Corporation, Monetize Solutions, Inc., VIAVI Solutions Inc., ALC, Reltio, Optiva, Inc. (Redknee), and Cisco Systems, Inc., and Mahindra ComViva. TOP IMPACTING FACTORS Continuous rise in the volume of enterprise data, technological advancements in big data & analytics solutions, increase in importance to generate new revenue streams, and surge in awareness towards the potential benefits of data monetization drive the growth of the market. However, security and privacy concerns are expected to negatively impact the data monetization market growth during the forecast period. Need More Information Enquire here: https://www.alliedmarketresearch.com/purchase-enquiry/2712 Data Monetization Market

  8. Contact Allied Market Research About Allied Market Research: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Us: 5933 NE Win Sivers Drive, #205, Portland, OR 97220, United States. Int'l: +1-503-894-6022 Toll Free: +1-800-792-5285 Fax: +1-800-792-5285 Data Monetization Market

  9. Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/data-monetization-market Follow Us On

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