Data Monetization Market by Component (Services, and Software), by Organization Size (Large Enterprises, Small and Medium Sized Enterprises), Industry Vertical (Healthcare, IT & Telecommunication, Manufacturing, Retail & E-Commerce, BFSI, Media & Entertainment, and Others), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2023 to 2032

$4700

The Data Monetization market is expected to grow from USD 2.8 billion in 2022 to USD 17.48 Billion by 2032, at a CAGR of 20.10% during the forecast period 2023-2032.

Data monetization is the procedure of using data to procure economic advantages. Direct or external data monetization applies to selling data to third parties alone or through a broker, data sharing to obtain valuable business terms and conditions, and offering information services or products. Data can be sold in raw form or already includes insights and analysis. An easy example of direct data monetization is contact lists of potential business prospects influencing buyers’ businesses or trades.

The driving factors of the market growth are Various elements, like growing business data volume, understanding towards data monetization, and external data sources, are expected to propel market growth. Similarly, the Use of data-driven decision-making approaches, advancements in big analytics, and increasing usage of data processing and artificial intelligence, among others, is anticipated to push the growth over the projection years. Many businesses favour data monetization since it delivers, improves compliance and consumer loyalty, decreases operating costs, optimizes data usage, raises profitability, maintains partnerships, and improves client experience and understanding.

This study delivers a comprehensive analysis of component, organization size, industry vertical and region. The component segment includes Services, and Software. The software segment holds the largest market share in 2022 due to there has been a decisive transition towards the data monetization method due to the advancement of the cloud and cloud-based technology. The organization size segment includes large enterprises, small and medium sized enterprises. The large enterprises segment holds the largest market share in 2022 due to the increasing existence of large organizations that have a global hold. The data monetization market includes companies with a powerful foothold in BFSI, retail, etc. The industry vertical segment includes healthcare, IT & telecommunication, manufacturing, retail & e-commerce, BFSI, media & entertainment, and others. The BFSI segment holds the largest market share in 2022 due to the rising presence of most data-rich businesses in the banking sector.

The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America holds the largest market share due to the region’s development is favourably impacted by the United States and Canadian companies engaged in investing & fast adopting cutting-edge technologies such as big data, cloud computing, and analytics.

Some of the notable players in the market are SAP SE, Reltio, Monetize, Infosys Limited, IBM Corporation, Gemalto NV, Comviva, Cisco Systems, Inc., Adstra, ans Accenture Plc.

  • Global Data Monetization Market Analysis and Forecast, Component
    • Services
    • Software
  • Global Data Monetization Market Analysis and Forecast, Organization Size
    • Large Enterprises
    • Small and Medium Sized Enterprises
  • Global Data Monetization Market Analysis and Forecast, Industry Vertical
    • Healthcare
    • IT & Telecommunication
    • Manufacturing
    • Retail & E-Commerce
    • BFSI
    • Media & Entertainment
    • Others
  • Global Data Monetization Market Analysis and Forecast, Region
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • Sweden
      • Netherland
      • U.K.
      • Italy
      • Spain
      • Turkey
      • Switzerland
      • Belgium
      • Rest Of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • South Korea
      • Australia
      • Singapore
      • Malaysia
      • Thailand
      • Indonesia
      • Philippines
      • Rest Of APAC
    • South America
      • Brazil
      • Argentina
      • Peru
      • Colombia
      • Rest Of South America
    • Middle East And Africa
      •  UAE
      •  Saudi Arabia
      •  Egypt
      •  Nigeria
      •  South Africa
      • Rest Of MEA

Report Description:

  • The base year for the study has been considered 2022, historic year 2019 and 2021, the forecast period considered is from 2023 to 2032.
  • The study delivers a comprehensive analysis of global market for all segments and region.
  • The report offers in-depth analysis of driving factors, opportunities, and restraints for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2023 to 2032.
  • Porter’s Five Forces model is used to recognize the competitive scenario in the market. This report incorporates the industry analysis which is focused on providing an extensive view of the market.
  • The study also includes attractiveness analysis of all segments and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunist for understanding the future growth of the market.
  • The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews, product offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
  • The market estimates have been evaluated by considering the effect of different political, economic, social, technological, and legal factors which are based on our extensive secondary research, primary research, and in-house databases.

1. Introduction
    1.1. Objectives of the Study
    1.2. Market Definition
    1.3. Research Scope
    1.4. Currency
    1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
    4.1. Porter’s Five Forces Analysis
    4.2. Value Chain Analysis
    4.3. Top Investment Pockets
          4.3.1. Market Attractiveness Analysis by Component
          4.3.2. Market Attractiveness Analysis by Organization Size
          4.3.3. Market Attractiveness Analysis by Industry Vertical
          4.3.4. Market Attractiveness Analysis by Region
    4.4. Industry Trends
5. Market Dynamics
    5.1. Market Evaluation
    5.2. Drivers
          5.2.1. Increase in usage of data processing & AI
    5.3. Restraints
          5.3.1. High Costs of Maintenance
    5.4. Opportunities
          5.4.1. Growing technological advancements in big data and analytics solution
6. Global Data Monetization Market Analysis and Forecast, By Component:
    6.1. Segment Overview
    6.2. Services
    6.3. Software
7. Global Data Monetization Market Analysis and Forecast, By Organization Size
    7.1. Segment Overview
    7.2. Large Enterprises
    7.3. Small and Medium Sized Enterprises
8. Global Data Monetization Market Analysis and Forecast, By Industry Vertical
    8.1. Segment Overview
    8.2. Healthcare
    8.3. IT & Telecommunication
    8.4. Manufacturing
    8.5. Retail & E-Commerce
    8.6. BFSI
    8.7. Media & Entertainment
    8.8. Others
9. Global Data Monetization Market Analysis and Forecast, By Regional Analysis
    9.1. Segment Overview
    9.2. North America
          9.2.1. U.S.
          9.2.2. Canada
          9.2.3. Mexico
    9.3. Europe
          9.3.1. Germany
          9.3.2. France
          9.3.3. U.K.
          9.3.4. Italy
          9.3.5. Spain
    9.4. Asia-Pacific
          9.4.1. Japan
          9.4.2. China
          9.4.3. India
    9.5. South America
          9.5.1. Brazil
    9.6. Middle East and Africa
          9.6.1. UAE
          9.6.2. South Africa
10. Global Data Monetization Market-Competitive Landscape
    10.1. Overview
    10.2. Market Share of Key Players in the Data Monetization Market
          10.2.1. Global Company Market Share
          10.2.2. North America Company Market Share
          10.2.3. Europe Company Market Share
          10.2.4. APAC Company Market Share
    10.3. Competitive Situations and Trends
          10.3.1. Product Launches and Developments
          10.3.2. Partnerships, Collaborations, and Agreements
          10.3.3. Mergers & Acquisitions
          10.3.4. Expansions
11. Company Profiles
    11.1. SAP SE
          11.1.1. Business Overview
          11.1.2. Company Snapshot
          11.1.3. Company Market Share Analysis
          11.1.4. Company Product Portfolio
          11.1.5. Recent Developments
          11.1.6. SWOT Analysis
    11.2. Reltio
          11.2.1. Business Overview
          11.2.2. Company Snapshot
          11.2.3. Company Market Share Analysis
          11.2.4. Company Product Portfolio
          11.2.5. Recent Developments
          11.2.6. SWOT Analysis
    11.3. Monetize
          11.3.1. Business Overview
          11.3.2. Company Snapshot
          11.3.3. Company Market Share Analysis
          11.3.4. Company Product Portfolio
          11.3.5. Recent Developments
          11.3.6. SWOT Analysis
    11.4. Infosys Limited.
          11.4.1. Business Overview
          11.4.2. Company Snapshot
          11.4.3. Company Market Share Analysis
          11.4.4. Company Product Portfolio
          11.4.5. Recent Developments
          11.4.6. SWOT Analysis
    11.5. IBM Corporation.
          11.5.1. Business Overview
          11.5.2. Company Snapshot
          11.5.3. Company Market Share Analysis
          11.5.4. Company Product Portfolio
          11.5.5. Recent Developments
          11.5.6. SWOT Analysis
    11.6. Gemalto NV.
          11.6.1. Business Overview
          11.6.2. Company Snapshot
          11.6.3. Company Market Share Analysis
          11.6.4. Company Product Portfolio
          11.6.5. Recent Developments
          11.6.6. SWOT Analysis
    11.7. Comviva.
          11.7.1. Business Overview
          11.7.2. Company Snapshot
          11.7.3. Company Market Share Analysis
          11.7.4. Company Product Portfolio
          11.7.5. Recent Developments
          11.7.6. SWOT Analysis
    11.8. Cisco Systems, Inc.
          11.8.1. Business Overview
          11.8.2. Company Snapshot
          11.8.3. Company Market Share Analysis
          11.8.4. Company Product Portfolio
          11.8.5. Recent Developments
          11.8.6. SWOT Analysis
    11.9. Adstra.
          11.9.1. Business Overview
          11.9.2. Company Snapshot
          11.9.3. Company Market Share Analysis
          11.9.4. Company Product Portfolio
          11.9.5. Recent Developments
          11.9.6. SWOT Analysis
    11.10. Accenture Plc.
          11.10.1. Business Overview
          11.10.2. Company Snapshot
          11.10.3. Company Market Share Analysis
          11.10.4. Company Product Portfolio
          11.10.5. Recent Developments
          11.10.6. SWOT Analysis

List of Table

1. Global Data Monetization Market, By Component, 2019-2032 (USD Billion) 

2. Global Services Data Monetization Market, By Region, 2019-2032 (USD Billion) 

3. Global Software Data Monetization Market, By Region, 2019-2032 (USD Billion) 

4. Global Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

5. Global Large Enterprises Data Monetization Market, By Region, 2019-2032 (USD Billion) 

6. Global Small and Medium Sized Enterprises Data Monetization Market, By Region, 2019-2032 (USD Billion) 

7. Global Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

8. Global Healthcare Data Monetization Market, By Region, 2019-2032 (USD Billion) 

9. Global IT & Telecommunication Data Monetization Market, By Region, 2019-2032 (USD Billion) 

10. Global Manufacturing Data Monetization Market, By Region, 2019-2032 (USD Billion) 

11. Global Retail & E-Commerce Data Monetization Market, By Region, 2019-2032 (USD Billion) 

12. Global BFSI Data Monetization Market, By Region, 2019-2032 (USD Billion) 

13. Global Media & Entertainment Data Monetization Market, By Region, 2019-2032 (USD Billion) 

14. Global Other Data Monetization Market, By Region, 2019-2032 (USD Billion) 

15. North America Data Monetization Market, By Component, 2019-2032 (USD Billion) 

16. North America Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

17. North America Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

18. U.S. Data Monetization Market, By Component, 2019-2032 (USD Billion) 

19. U.S. Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

20. U.S. Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

21. Canada Data Monetization Market, By Component, 2019-2032 (USD Billion) 

22. Canada Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

23. Canada Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

24. Mexico Data Monetization Market, By Component, 2019-2032 (USD Billion) 

25. Mexico Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

26. Mexico Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

27. Europe Data Monetization Market, By Component, 2019-2032 (USD Billion) 

28. Europe Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

29. Europe Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

30. Germany Data Monetization Market, By Component, 2019-2032 (USD Billion) 

31. Germany Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

32. Germany Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

33. France Data Monetization Market, By Component 2019-2032 (USD Billion) 

34. France Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

35. France Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

36. U.K. Data Monetization Market, By Component, 2019-2032 (USD Billion) 

37. U.K. Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

38. U.K. Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

39. Italy Data Monetization Market, By Component, 2019-2032 (USD Billion) 

40. Italy Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

41. Italy Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

42. Spain Data Monetization Market, By Component, 2019-2032 (USD Billion) 

43. Spain Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

44. Spain Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

45. Asia Pacific Data Monetization Market, By Component, 2019-2032 (USD Billion) 

46. Asia Pacific Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

47. Asia Pacific Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

48. Japan Data Monetization Market, By Component, 2019-2032 (USD Billion) 

49. Japan Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

50. Japan Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

51. China Data Monetization Market, By Component 2019-2032 (USD Billion) 

52. China Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

53. China Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

54. India Data Monetization Market, By Component 2019-2032 (USD Billion) 

55. India Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

56. India Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

57. South America Data Monetization Market, By Component, 2019-2032 (USD Billion) 

58. South America Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

59. South America Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion)

60. Brazil Data Monetization Market, By Component 2019-2032 (USD Billion) 

61. Brazil Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

62. Brazil Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

63. Middle East and Africa Data Monetization Market, By Component, 2019-2032 (USD Billion) 

64. Middle East and Africa Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

65. Middle East and Africa Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

66. UAE Data Monetization Market, By Component, 2019-2032 (USD Billion) 

67. UAE Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

68. UAE Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion) 

69. South Africa Data Monetization Market, By Component 2019-2032 (USD Billion) 

70. South Africa Data Monetization Market, By Organization Size, 2019-2032 (USD Billion) 

71. South Africa Data Monetization Market, By Industry Vertical, 2019-2032 (USD Billion)  

List of Figures 

1. Global Data Monetization Market Segmentation

2. Data Monetization Market: Research Methodology

3. Market Size Estimation Methodology: Bottom-Up Approach

4. Market Size Estimation Methodology: Top-Down Approach

5. Data Triangulation

6. Porter’s Five Forces Analysis 

7. Value Chain Analysis 

8. Global Data Monetization Market Attractiveness Analysis by Component 

9. Global Data Monetization Market Attractiveness Analysis by Organization Size

10. Global Data Monetization Market Attractiveness Analysis by Industry Vertical 

11. Global Data Monetization Market Attractiveness Analysis by Region

12. Global Data Monetization Market: Dynamics

13. Global Data Monetization Market Share by Component (2022 & 2032)

14. Global Data Monetization Market Share by Organization Size (2022 & 2032)

15. Global Data Monetization Market Share by Industry Vertical (2022 & 2032)

16. Global Data Monetization Market Share by Regions (2022 & 2032)

17. Global Data Monetization Market Share by Company (2022)

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

Please fill the form below, to recieve the report sample


+1

Our Clients

Some Facts about Fior Markets

1%

Free Customization

1+

Countries can be added on demand

1

Free yearly update on purchase of Multi/Corporate User License

1+

Companies served till date

Customized Research Programme
Premium Customer Service

We serve our customers 24x7 for 365 days through calls, emails and live chat options.

Syndicated market research
Exceptional Market Report

Huge database of exceptional market reports bringing market intelligence to your fingertips.

Domain Specific Analytics
Secured Payment Options

SSL enabled, we offer you various secured payment options for risk free purchase.