According to a new report, published by KBV research, The Global Data Monetization Market size is expected to reach $17.12 billion by 2031, rising at a market growth of 24.4% CAGR during the forecast period.
The Large Enterprises segment captured the maximum revenue in the Global Data Monetization Market by Organization Size in 2023, thereby, achieving a market value of $11.1 billion by 2031. Large enterprises generate vast amounts of data from various business operations, customer interactions, and market trends, making them well-positioned to leverage data monetization strategies. These organizations have the resources to invest in advanced analytics, AI-driven insights, and cloud computing to extract valuable business intelligence from their data.
The Analytics-enabled Platform as a Service segment is experiencing a CAGR of 23.5 % during the forecast period. This growth was driven by the increasing demand for scalable, cloud-based analytics solutions that enable businesses to process and monetize large volumes of data efficiently. Organizations across industries like BFSI, telecommunications, and e-commerce leverage analytics-enabled PaaS solutions to gain actionable insights, optimize business processes, and create new revenue streams.
The BFSI segment led the maximum revenue in the Global Data Monetization Market by Vertical in 2023, thereby, achieving a market value of $3.1 billion by 2031. The BFSI sector has been at the forefront of leveraging data monetization strategies to enhance customer experience, detect fraud, and optimize financial services. With the increasing adoption of AI, big data analytics, and cloud computing, financial institutions are monetizing transactional data, credit scoring models, and personalized financial products to drive revenue growth.
The Tools segment is growing at a CAGR of 23 % during the forecast period. As businesses and organizations across industries seek to extract value from vast volumes of data, the demand for data management, analytics, and visualization tools has surged. These tools enable companies to efficiently collect, process, and analyze data, facilitating advanced insights for decision-making, predictive analytics, and revenue generation.
Full Report: https://www.kbvresearch.com/data-monetization-market/
The North America region dominated the Global Data Monetization Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6.5 billion by 2031. The Europe region is anticipated to grow at a CAGR of 23.9% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 25% during (2024 - 2031).
By Organization Size
By Method
By Vertical
By Component
Unique Offerings 
