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DATA MONETIZATION MARKET ANALYSIS

Read here market analysis report on DATA MONETIZATION

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DATA MONETIZATION MARKET ANALYSIS

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  1. Coherent Market Insights Market Research and Business Consulting Services https://www.coherentmarketinsights.com/

  2. DATA MONETIZATION MARKET ANALYSIS Data monetization is a process of generating measurable economic benefits from available data sources such as analytics. Data monetization converts unstructured or unused data of an organization into meaningful insights. Data monetization helps organizations to reduce data storage costs and increases the revenue by converting unstructured data into valuable insights based on the requirement. Monetization can be done in two ways; direct and indirect.

  3. Direct data monetization involves selling direct access of data to third parties. Companies can sell data in raw form or sell already transformed data. Indirect data monetization is a process where data-based optimization are involved and data is transformed into meaningful reports which helps in improving the business of organization. For instance, a telecommunication company with a large volume of data can either sell raw data or data by converting into meaningful insight. The data monetization market growth is driven by the increase in large volume of data across many industries.

  4. Market Dynamics The global data monetization market is expected to grow significantly during the forecast period owing to technological advancements in big data and analytical solutions. Players operating in this market are developing advanced technology to monetize their assets as data is considered an integral asset of multiple organizations. Enterprises are generating huge amounts of network data, device data, customer behavior data that can be turned into profitable revenue through data monetization

  5. integrated and advanced big data technologies. For instance, Accenture Plc, a Dublin-based multinational professional services company, launched Network Decision Platform, a cloud-based solution that provides network operators insights on how to compete with 5G services. This platform is leveraging machine learning, big data analytics and artificial intelligence to drive meaningful insights from the data. Furthermore, continuous technological advancements in big data technologies are fueling market growth. Furthermore, major players across different regions are focusing on developing products with new features and latest technology to gain a competitive edge in the market. Industries are developing solutions and services with new features to cater to demand from end users.

  6. For instance, Samsung, launched Samsung ARTIK, a new service to monetize data shared by IoT devices. Device manufacturers and service providers are generating revenue directly from devices and services.

  7. Key features of the study: • This report provides in-depth analysis of global data monetization market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2020– 2027), considering 2019 as the base year • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players

  8. • It profiles leading players in the global data monetization market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans • Companies covered as a part of this study are Cisco Systems Inc. (US), Google, Inc., Microsoft, Inc., IBM Corporation, Microsoft, Salesforce.com, Inc., Oracle, Infosys Limited, SAP, SAS Institute Inc., Sisense Inc., QlikTech International AB, Domo, Inc., Virtusa Corporation, Accenture, Reltio, Openwave Mobility Inc., Thales Group, Adastra Corporation, Ness Technologies, Inc., NetScout Systems, Inc., Paxata, Inc. and others

  9. Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics • The global data monetization market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global data monetization market.

  10. Request free sample copy of data monetization market analysis • Request free PDF copy of data monetization market analysis

  11. Figure 1: Global Data Monetization Market Share (%), By Region, 2019

  12. Figure 2: Global Data Monetization Market Value (US$ Bn) Analysis and Forecast, 2017 - 2027

  13. Company profiles: • Major players operating in the global data monetization market are Cisco Systems Inc. (US), Google, Inc., Microsoft, Inc., IBM Corporation, Microsoft, Salesforce.com, inc., Oracle, Infosys Limited, SAP, SAS Institute Inc., Sisense Inc., QlikTech International AB, Domo, Inc., Virtusa Corporation, Accenture, Reltio, Openwave Mobility Inc., Thales Group, Adastra Corporation, Ness Technologies, Inc., NetScout Systems, Inc., Paxata, Inc. and others.

  14. About Us Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

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  16. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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