Global Data Monetization Sales Market Report 2023

Data Monetization Market 

Data monetization, a form of monetization, is the act of generating measurable economic benefits from available data sources. Typically these benefits accrue as revenue or expense savings, but may also include market share or corporate market value gains. Data monetization leverages data generated through business operations, available exogenous data or content, as well as data associated with individual actors such as that collected via electronic devices and sensors participating in the internet of things. For example, the ubiquity of the internet of things is generating location data and other data from sensors and mobile devices at an ever increasing rate. The data in this report is based on data analytics software fees and service fees for Data Monetization.

Due to the COVID-19 pandemic, the global Data Monetization market size is estimated to be worth US$ 1656.1 million in 2022 and is forecast to a readjusted size of US$ 26340 million by 2029 with a CAGR of 47.9% during the forecast period 2023-2029.

Fully considering the economic change by this health crisis, On-Premises accounting for % of the Data Monetization global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029.