Regardless of a company’s size or income, the most recent research report from Quadintel offers a thorough analysis of the global Data Marketplace Platform Market for the years 2023–2030.
The global market report provides statistics and information on the evolution of the investment structure, technological advancements, industry trends and developments, market players’ capabilities, and in-depth details on the major market players. The analysis also includes a summary of the global market strategies that have been implemented in light of the industry’s present and future conditions.
An overview of the Data Marketplace Platform Market, the current state of the industry, market trends, significant market participants, product type, application, and geography are provided at the beginning of the study. It also covers how COVID-19 has affected market participants, end-user industries, future predictions, growth potential, and worldwide market trends.
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Market Overview:
Global Data Marketplace Platform Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
A data marketplace platform is a transactional platform that allows users to buy and sell data, which offers a unique user experience. This platform is a cloud-based service where individuals or businesses can upload data to the cloud. This platform includes the exchange of different types of data, such as demographic, firmographics, business intelligence, and personal data. The Data Marketplace Platform Market is expanding because of factors such as surging demand for the Internet of Things (IoT) connected devices, rising developments in machine-to-machine (M2M) in communications networks, and growing adoption of data marketplace platform across various end-use verticals including retail & consumer goods, and media & entertainment, BFSI, etc.
According to Statista, the number of Internet of Things (IoT) connected devices is expected to reach 29.4 billion devices in 2030 from 8.6 billion devices in the year 2019. Thereby, the rising proliferation of the Internet of Things (IoT) connected devices is exhibiting a positive influence on the market growth worldwide. The rising emphasis on the usage of cloud services, as well as an increasing number of strategic initiatives by the key market players, is creating productive opportunities for market growth in the forthcoming years. However, high initial capital is required and a dearth of skilled professionals stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Data Marketplace Platform Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the space in terms of revenue, owing to the increasing deployment of cutting-edge technologies like artificial intelligence (AI), augmented reality (AR)/ virtual reality (VR) orchestration capabilities, along with the presence of advanced data infrastructure. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as growing development of IoT technologies, coupled with the increasing penetration of data marketplace platform services in several applications.
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Major market players included in this report are:
- Acxiom LLC
- AWS
- Dawex
- Quandl
- BattleFin
- Datatrade
- Oracle
- Microsoft
- Adobe
- SAP SE
The detailed segments and sub-segment of the market are explained below:
By Component:
Platform
Services
By Enterprise Size:
Large Enterprises
SMEs
By Type:
Personal Data Marketplace Platforms
B2B Data Marketplace Platforms
IoT Data Marketplace Platforms
By End-user:
Financial Services
Advertising, Media & Entertainment
Retail & CPG
Healthcare & Life Sciences
Other
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Report Include:
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
Key Market Features in Global Market: The report assessed key market features, including revenue, capacity, price, capacity utilization rate, production rate, gross, production, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. The study also offers a thorough analysis of the most important market factors and their most recent developments, as well as pertinent market segments and sub-segments.
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the market opportunities, market risk, and market overview of this industry?
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