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Cashing in on the global data monetization market

Cashing in on the global data monetization market

By effectively releasing the important financial value, which is held by data in the enterprise systems of an organization, data monetization has created a niche for itself in the global market.

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The global market for data monetization is deriving growth from the augmenting volume of data piling up in enterprises across a number of industries. 

Data monetization is basically monetizing the asset of data for generating better revenue. Data monetization, a form of monetization, is generating revenue from available data sources or real time streamed data by instituting the discovery, capture, storage, analysis, dissemination, and use of that data.

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Said differently, it is the process by which data producers, data aggregators and data consumers, large and small, exchange sell or trade data.

Data monetization leverages data generated through business operations as well as data associated with individual actors and with electronic devices and sensors participating in the Internet of Things. The convergence of cloud, data management, IoT platforms, and solutions is enabling the evolution of data analytics in which enterprise realize significant tangible and intangible benefits from IoT data.

The ability to sort data in a raw format, store it in different structural formats, and subsequently release it for further analytics, will be of utmost importance for all industry verticals.

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The declining costs of data storage, increase in the volume of under-utilized data and information in enterprise atmosphere, and the growing importance of new streams for the generation of data revenue from the ever-rising data volume of organizations across a number of industries are likely to boost the growth of the worldwide market for data monetization in the forthcoming years.

Organizations are analyzing more data than ever before in an attempt to stay ahead of the competition. The use of third party data in business intelligence and advanced analytics, in particular, is growing rapidly, as companies realize that the data they have collected themselves, such as customer journey and demographics, doesn’t show the full picture.

The declining costs of data storage, increase in the volume of under-utilized data and information in enterprise atmosphere, and the growing importance of new streams for the generation of data revenue from the ever-rising data volume of organizations across a number of industries are likely to boost the growth of the worldwide market for data monetization in the forthcoming years.

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This report studies the global Data Monetization market, analyzes and researches the Data Monetization development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like

SAP SE

Accenture

Mahindra Comviva

Adastra

Redknee

Monetize Solutions

Viavi Solutions

Allot

Table of Content:-          

Global Data Monetization Market Size, Status and Forecast 2022

1 Industry Overview of Data Monetization

1.1  Data Monetization Market Overview

1.1.1 Data Monetization Product Scope

1.1.2 Market Status and Outlook

1.2 Global Data Monetization Market Size and Analysis by Regions

1.2.1 United States

1.2.2 EU

1.2.3 Japan

1.2.4 China

1.2.5 India

1.2.6 Southeast Asia

1.3 Data Monetization Market by Type

1.3.1 Software

1.3.2 Services

1.4 Data Monetization Market by End Users/Application

1.4.1 Telecom and IT

1.4.2 Media & Entertainment

1.4.3 E-Commerce & Retail

1.4.4 Healthcare

1.4.5 Manufacturing

1.4.6 Travel & Logistics

1.4.7 Other

2 Global Data Monetization Competition Analysis by Players

2.1 Data Monetization Market Size (Value) by Players (2016 and 2017)

2.2 Competitive Status and Trend

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