Product ID: SQMIG45C2059
Report ID:
SQMIG45C2059 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
95 |
Figures:
76
Data Monetization Market size was valued at USD 12.61 billion in 2019 and is poised to grow from USD 15.4 billion in 2023 to USD 92.87 billion by 2031, growing at a CAGR of 22.1% in the forecast period (2024-2031).
Data monetization is the process of converting a large volume of unused or unstructured enterprise data into valuable insights and monetizing that data into currency or service exchange. It facilitates enterprises in reducing the price of their business operations and increasing revenue streams by investing in analytics platforms that transform unstructured data into valuable insights based on requirements. It is the process of releasing the significant financial value that data in an organization's enterprise systems possesses. Adoption of these solutions has grown over time as a result of increased awareness about the potential benefits of data monetization, an increase in enterprise focus on creating new opportunities for growth and revenue, and other factors.
US Data Monetization Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONData Monetization Market size was valued at USD 12.61 billion in 2019 and is poised to grow from USD 15.4 billion in 2023 to USD 92.87 billion by 2031, growing at a CAGR of 22.1% in the forecast period (2024-2031).
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Product ID: SQMIG45C2059