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Global Data Monetization Market - 2019-2026
Data stored in an organization’s enterprise systems is effective to their employees; also identical data is effective to business partners and should be to customers. The method of converting the unused/unstructured large volume of enterprise data into valuable insights and monetizing the info in to currency or exchange of service is termed data monetization.
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Source: Secondary Databases, Primary Interviews and 99-Reports Analysis Global Data Monetization Industry Dynamics Data monetization may help organizations to scale back data storage costs or increase revenue by investing in analytics platform which converts unstructured data into valuable insights supported the wants. This is often a key factor driving growth of the worldwide data monetization market. Moreover, the preference for data monetization solutions is rising across various industrial verticals because of product offerings like availability of solutions with extensive privacy protection, and ethically and ...
... legally acceptable Industrial Vertical of data collection. However, security and privacy concerns and lack of understanding about the potential benefits of knowledge monetization may be a major restraint for growth of the info monetization market.
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Global Data Monetization Market - Key Segment -
Global Data Monetization Market By Method:
• Indirect
• Direct
Global Data Monetization Market By Industrial Vertical:
• Finance
• Retail
• Telecommunication & IT
• Others
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Global Data Monetization Market - Geographical Analysis By geography, the global Data Monetization Market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and the Middle East and Africa (MEA).The data monetization market in North America is predicted to dominate the market, attributable to the high adoption of technologically advanced solutions, and increasing volume of enterprise data across various industrial verticals, in addition to shifting preference towards advanced data-driven business strategies. Global Data Monetization Market -
Competitive Analysis
The data monetization vendors have implemented various kinds of organic also as inorganic growth strategies
• like new product launches
• product upgradations
• partnerships and agreements
• business expansions
• and mergers and acquisitions
to strengthen their offerings within the market. The most important vendors offering data monetization software and services globally are - Microsoft
• Salesforce
• Oracle
• SAP
• SAS
• Sisense Inc
• TIBCO Software
• IBM
• Qlik
• Domo
• Accenture
• Virtus
• Infosys
• 1010DATA
• Infor
• Reltio
• Paxata
• Openwave Mobilty
• Monetize
• Ness
• NETSCOUT
• Adastra
• Optiva
• Elevondata Labs Inc
• Emu Analytics
• Comviva
• Narrative
• ThoughtSpot
• Looker
• and Information Builders.
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