DUBLIN--(BUSINESS WIRE)--The "Data Monetization Market by End User - Global Opportunity Analysis and Industry Forecast, 2017-2023" report has been added to ResearchAndMarkets.com's offering.
The global data monetization market was valued at $44,869 million in 2016, and is projected to reach at $370,969 million by 2023, growing at a CAGR of 35.4% from 2017 to 2023.
Continuous rise in the volume of enterprise data, technological advancements in big data & analytics solutions, and increase in importance to generate new revenue streams drive the growth of the global data monetization market growth. However, security and privacy concerns hamper the market growth. Conversely, increased adoption of data monetization among telecom service providers and upsurge in awareness about the potential benefits of data monetization are projected to offer major opportunity for market expansion.
Based on end-user, the BFSI segment led the market in 2016, and is projected to maintain its dominance in the future. However, the others segment is expected to witness the highest growth, owing to increased adoption of data monetization solutions in numerous industry verticals due to its potential benefits.
North America generated the highest revenue in 2016; however, the Asia-Pacific segment is anticipated to witness the fastest growth rate during the forecast period.
Key Topics Covered
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Data Monetization Market, by End-User
Chapter 5: Data Monetization Market, by Geography
Chapter 6: Company Profiles
- Accenture Plc.
- Adastra Corporation
- Cisco Systems, Inc.
- Mahindra Comviva
- Monetize Solutions, Inc.
- Optiva, Inc. (RedKnee)
- SAP SE
- Viavi Solutions Inc.
For more information about this report visit https://www.researchandmarkets.com/research/nnpx6f/370_97_billion?w=4