GITNUX MARKETDATA REPORT 2024

Data Monetization Industry Statistics

The data monetization industry is projected to grow rapidly, with an expected market size of $370 billion by 2025.

With sources from: solaceinfotech.com, frost.com, futuremarketinsights.com, wiseguyreports.com and many more

Statistic 1

The global data monetization market size was USD 1.32 billion in 2017.

Statistic 2

The global data monetization market is expected to reach USD 4.44 billion by 2027.

Statistic 3

The CAGR for global data monetization is predicted to be 17.1% during 2020-2027.

Statistic 4

Telecom companies are projected to contribute more than 30% to the overall market revenue by 2027.

Statistic 5

The healthcare sector is expected to show significant growth in the data monetization market with a CAGR of nearly 22%.

Statistic 6

About 60% of data monetization revenue is generated through indirect data monetization.

Statistic 7

The advent of 5G is expected to boost the data monetization market because of higher data speeds and capacity.

Statistic 8

The retail sector is estimated to hold a market share of over 16% in the data monetization market by 2026.

Statistic 9

The software solution segment dominates the data monetization market with nearly 62% market share.

Statistic 10

On-premise deployment for data monetization solutions held a market share of close to 70% in 2019.

Statistic 11

Asia-Pacific is expected to grow at the highest CAGR during the forecast period in the data monetization market.

Statistic 12

In 2020, the data monetization market in Europe was valued at USD 0.56 billion.

Statistic 13

More than 55% of organizations across the globe are investing in data monetization tools.

Statistic 14

By 2023, global spending on data monetization tools is expected to reach USD 2.1 billion.

Statistic 15

The manufacturing industry is expected to grow at a CAGR of 21% in the data monetization market during the forecast period.

Statistic 16

Data-as-a-service (DaaS) is predicted to be the fastest-growing data monetization model with a CAGR of 23% between 2020 and 2025.

Statistic 17

Customer-oriented companies are the highest users of data monetization solutions, contributing over 38% to the market revenue.

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In this post, we will explore key statistics and insights into the data monetization industry. From the current market size and projected growth numbers to sector-specific trends and regional forecasts, we will uncover the evolving landscape of data monetization and its implications for various industries and businesses.

Statistic 1

"The global data monetization market size was USD 1.32 billion in 2017."

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Statistic 2

"The global data monetization market is expected to reach USD 4.44 billion by 2027."

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Statistic 3

"The CAGR for global data monetization is predicted to be 17.1% during 2020-2027."

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Statistic 4

"Telecom companies are projected to contribute more than 30% to the overall market revenue by 2027."

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Statistic 5

"The healthcare sector is expected to show significant growth in the data monetization market with a CAGR of nearly 22%."

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Statistic 6

"About 60% of data monetization revenue is generated through indirect data monetization."

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Statistic 7

"The advent of 5G is expected to boost the data monetization market because of higher data speeds and capacity."

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Statistic 8

"The retail sector is estimated to hold a market share of over 16% in the data monetization market by 2026."

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Statistic 9

"The software solution segment dominates the data monetization market with nearly 62% market share."

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Statistic 10

"On-premise deployment for data monetization solutions held a market share of close to 70% in 2019."

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Statistic 11

"Asia-Pacific is expected to grow at the highest CAGR during the forecast period in the data monetization market."

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Statistic 12

"In 2020, the data monetization market in Europe was valued at USD 0.56 billion."

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Statistic 13

"More than 55% of organizations across the globe are investing in data monetization tools."

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Statistic 14

"By 2023, global spending on data monetization tools is expected to reach USD 2.1 billion."

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Statistic 15

"The manufacturing industry is expected to grow at a CAGR of 21% in the data monetization market during the forecast period."

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Statistic 16

"Data-as-a-service (DaaS) is predicted to be the fastest-growing data monetization model with a CAGR of 23% between 2020 and 2025."

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Statistic 17

"Customer-oriented companies are the highest users of data monetization solutions, contributing over 38% to the market revenue."

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Interpretation

In conclusion, the global data monetization market is experiencing significant growth, with predictions indicating a substantial increase in market size by 2027. Various sectors such as telecom, healthcare, retail, and manufacturing are expected to play crucial roles in this growth, along with the dominance of software solutions and on-premise deployment. The Asia-Pacific region, in particular, is poised to exhibit the highest CAGR during the forecast period, highlighting the region's potential for expansion in data monetization. The rise of data-as-a-service as the fastest-growing model further underscores the evolving landscape of data monetization, with customer-oriented companies leading the adoption of monetization solutions. These statistics collectively portray a dynamic and promising future for the data monetization industry globally.

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