The Asia Pacific Alternative Data Market would witness market growth of 46.3% CAGR during the forecast period (2020-2026). Alternative data have become significant instruments for IM firms looking for alpha. Collective intelligence investing (CII) getting the insights of the market from various online networks and crowd-sourcing platforms keeps on growing in popularity, creating new development opportunities and new risks. Hedge funds were the trailblazers in this space, yet they are being joined by private equity (PE) and long-only managers today. Alternative data's acceptance is arriving at a tipping point, and their utilization is growing significantly.
Some of the popular alternative data forms are crowd-sourced data and social-media sentiment. Investors have been showing a willingness to pay up for data from credit-card providers and point-of-sale frameworks. Such data sets gather figures directly from the source, Greenwich Associates noted, with certain organizations forming a board of consumers who have given their consent to share Credit-card records, while others work straight with innovation providers that handle retail payments.
The Asia Pacific is anticipated to develop as the fastest developing regional market over the forecast period. This is because of rising use-cases of Alternative data in BFSI, retail, automotive, and telecommunication enterprises. The utilization of Alternative data for investments and risk evaluation, especially from organizations in developing economies, for example, India and China, is anticipated to fuel the growth of the market. Web scraping is the most widely used form of alternative data. Web scratching gathers data from focused websites in a bid to pick up information on brands, organizations, and corporate activity.
Based on Type, the market is segmented into Credit & Debit Card Transactions, Mobile Type Usage, Web Traffic & Scraped Data, Social & Sentiment Data, Geo-location, Satellite & Weather Data and Others. Based on Industry Vertical, the market is segmented into BFSI, IT & Telecom, Transportation & Logistics, Retail & eCommerce, Energy & Utilities, Media & Entertainment, Real Estate & Construction, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: Alternative Data Market in Asia Pacific is expected to register a CAGR of 46.3% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake-holders of the market. Key companies profiled in the report include Nasdaq, Inc. (Quandl, Inc.), Advan Research Corporation, Dataminr, Inc., The Earnest Research Company, Preqin Ltd. (Dynamo Software), RevenPack International SL, Thinknum, Inc., YipitData, 1010Data, Inc., and Eagle Alpha Ltd.
Market Segmentation:
By Type
By Industry Vertical
By Country
Companies Profiled
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