Data Monetization Market Projected to reach $6.1 billion by 2025
The global data monetization market size is expected to grow from USD 2.3 billion in 2020 to USD 6.1 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. The proliferation of businesses worldwide has generated large volumes of data within organizations. Data monetization helps get actionable insights from the data and generate new revenue streams.
Download...
The Growing Usage of External Data Sources Drives Data Monetization Market
The increasing adoption of data monetization tools helps organizations adhere to increasing government compliance and identify innovative ways to create new revenue streams, which, in turn, is driving the data monetization market growth.
Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period. APAC comprises key economies, such as Australia and New Zealand, China, Japan,...