Valued to be $4.1 Billion by 2026, Data Monetization Slated for Robust Growth Worldwide

SAN FRANCISCO, Oct. 6, 2021 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Data Monetization - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
Edition: 5; Released: April 2021
Executive Pool: 18992
Companies: 44 - Players covered include Accenture PLC; Adastra Corporation; Cisco Systems, Inc.; Dawex Systems; Emu Analytics Ltd.; Gemalto; Google LLC; IBM Corporation; Infosys Ltd.; Mahindra Comviva; Monetize Solutions; Narrative Science Inc.; Ness Technologies; NetScout Systems, Inc.; Openwave Mobility, Inc.; Optiva, Inc.; Paxata, Inc.; Reltio; SAP SE; SAS Institute, Inc.; Virtusa Corporation and Others.
Coverage: All major geographies and key segments
Segments: Component (Tools, Services); Data Type (Customer Data, Product Data, Financial Data, Supplier Data); Industry (BFSI, Telecom, Consumer Goods & Retail, Other Industries)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

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ABSTRACT-

Global Data Monetization Market to Reach $4.1 Billion by 2026
Amid the COVID-19 crisis, the global market for Data Monetization estimated at US$1.6 Billion in the year 2020, is projected to reach a revised size of US$4.1 Billion by 2026, growing at a CAGR of 16.7% over the analysis period. Tools, one of the segments analyzed in the report, is projected to record a 16.8% CAGR and reach US$3.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 16.3% CAGR for the next 7-year period.

The U.S. Market is Estimated at $574.5 Million in 2021, While China is Forecast to Reach $722.8 Million by 2026
The Data Monetization market in the U.S. is estimated at US$574.5 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$722.8 Million by the year 2026 trailing a CAGR of 16% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 14.9% and 14.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 12.2% CAGR. More

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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.