- In February 2024, Gulp Data revealed a partnership with Snowflake aimed at helping organizations explore, share, and maximize the value of their data. This collaboration will offer services such as data valuation, data-backed loans, and data monetization solutions, empowering businesses to harness their data assets more effectively. By combining their expertise, Gulp Data and Snowflake aim to facilitate innovative approaches to data management and monetization for their clients
- In December 2023, Thales finalized its acquisition of Imperva, enhancing its offerings in application, data security, and identity management. This strategic move aims to deliver comprehensive solutions that address a wide range of cybersecurity challenges, which are becoming more frequent, severe, and complex. By leveraging the combined strengths of Thales and Imperva, customers will benefit from improved security measures to protect their critical assets
- In September 2022, SAS announced the launch of SAS Viya on Azure, a robust data analytics platform now available on the Microsoft Azure marketplace. This innovative solution enhances accessibility for businesses seeking to extract insights from their data by integrating the scalability and flexibility of Azure with the advanced capabilities of SAS Viya. As a result, organizations can leverage this powerful combination to drive data-driven decision-making and optimize their operations more efficiently
- In March 2022, Domo, Inc. unveiled Data Apps, a new low-code data tool aimed at democratizing data-driven decision-making across organizations. This innovative platform allows users of all skill levels to easily access and utilize data, breaking down barriers typically associated with traditional business intelligence tools that cater mainly to executives, managers, and data analysts. By making data insights more accessible, Data Apps empowers a broader range of employees to engage in data-driven actions, enhancing overall organizational efficiency and agility
- In January 2022, Revelate Data Monetization Corp., previously known as TickSmith, announced a USD 20 million Series A funding round to advance its groundbreaking data-selling platform. This unique B2B SaaS solution features a data web store that provides an e-commerce shopping experience for data, equipping businesses with all the necessary tools to prepare, manage, package, and monetize their data assets effectively. With this investment, Revelate aims to enhance its offerings and empower organizations to fully capitalize on their data opportunities
Frequently Asked Questions
The market is segmented based on Segmentation, By Component (Tools and Services), Data Type (Customer Data, Product Data, Financial Data and Supplier Data), Business Function (Sales and Marketing, Supply Chain Marketing, Operations, Finance and Others), Deployment Type (On-Premises and Cloud), Organization Size (Small and Medium-Sized Enterprises and Large Enterprises), Industry Vertical (BFSI, Telecommunication, Consumer Goods and Retail, IT, Healthcare, Manufacturing, Media and Entertainment, Transportation and Logistics, Energy and Utilities and Others) – Industry Trends and Forecast to 2031
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The Global Data Monetization Market size was valued at USD 3.24 USD Billion in 2023.
The Global Data Monetization Market is projected to grow at a CAGR of 21.95% during the forecast period of 2024 to 2031.
The major players operating in the market include Adastra, CellOS Software Ltd, Connectiva Analytics and Insights Ltd, Dawex Systems, Infosys Limited, ComViva, MNUBO, NETSCOUT, Paxata , Optiva , SQLstream , Google, IBM, 101 data Solutions, Accenture Monetize, ALC, SAP SE,.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
