According to the latest report by IMARC Group, titled "Data Monetization Market Report by Method (Data as a Service, Insight as a Service, Analytics-enabled Platform as a Service, Embedded Analytics), Organization Size (Large Enterprises, Small and Medium Enterprises), End Use (BFSI, E-commerce and Retail, IT and Telecommunications, Manufacturing, Healthcare, Energy and Utilities, and Others), and Region 2025-2033," the global data monetization market reached a value of USD 4.1 Billion in 2024. Data monetization is the process that involves the usage of company-generated data to create a measurable economic benefit. This increases the economic value of data using internal, external or indirect methods that assists in making measurable business performance improvements. It includes utilizing, identifying, and marketing data to boost profitability, enhance customer experience, minimize operating costs and optimize data in a proper manner. The data is also used for generating valuable insights for the organization that further assists in generating new revenue streams. Moreover, this process is widely deployed to maximize the value of products and services, mitigate risks and create numerous growth opportunities in the market.
Global Data Monetization Market Trends:
The global market is majorly driven by the large volumes of data generated from various organizations. The deployment of data monetization assists in planning, improving collaborations and sharing data among internal and external stakeholders while marketing services and supporting customer care in an effective manner. Apart from this, these services aid in providing business intelligence support, including mobile marketing, to the companies, thereby creating numerous growth opportunities in the market. The market is further driven by the introduction of advanced technologies, including the Internet of Things (IoT), artificial intelligence (AI) and big data. This has encouraged companies from diverse industrial verticals to focus on data monetization. Some of the other factors contributing to the market growth include the rising demand for generating revenue streams from various organizations, the increasing awareness regarding the potential benefits of data monetization and the shift toward the adoption of cloud-based solutions. Looking forward, the market value is projected to reach USD 16.1 Billion by 2033, expanding at a CAGR of 15.76% during 2025-2033.
Market Summary;
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Method, Organization Size, End Use, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
Companies Covered | 1010DATA (Advance Communication Corp.), Accenture Plc, Adastra Corporation, Comviva (Tech Mahindra), Infosys Limited, International Business Machines Corporation, Monetize Solutions Inc., Optiva Inc., Paxata Inc. (Datarobot Inc.), Reltio, SAP SE, Thales Group and TIBCO Software Inc. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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