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Published Date: 2017-12-06Number of Pages: 170

Data Broker Market (Data Category-Consumer, Credit, Government, Technical, Real Estate, Education & Training, Product & Services, Risk Management, Other; Data Types-Unstructured Data, Structured, Custom Structure Data; Pricing Model-Subscription Paid, Pay per Use Paid, Hybrid Paid Models; End Use Sector-BFSI, Retail and FMCG, Manufacturing, Media, Government Sector, Other Sectors) Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2026

Data analytics continues to become more pervasive with businesses aiming to leverage consumer data to improve bottom-line. The bulk of data that is being generated from offline and online platforms is being utilized by enterprises to monitor operation and analyse consumer actions. Such data is typically retrieved for understanding trends, opportunities and patterns. However, the task can be quite complicated and may require external assistance. Data broker products are emerging as the go-to solution for such complex analytic requirements. Moreover, moderate regulations on data protection provisions a freehand collection, selling and exchange of data pertaining to details of individuals. Data brokers assist their clients in analyzing the buying pattern of the customers by providing them vital customer data. This, in turn, enables organizations to better plan marketing strategies and identify potential customers. The aforementioned factors are expected to create lucrative business opportunities for data brokers in the near future. A recent report published by Transparency Market Research (TMR) reveals that the global data broker market is set to exhibit a robust CAGR of 11.5% during the forecast period (2017-2026).data broker market

North America will remain at the Forefront of Global Data Broker Market Over 2026

North America is expected to remain the most attractive market for data brokers throughout the forecast period. Increased use of data in business applications in both the U.S. and Canada is likely to augur well for the prospects of data brokers operating in the region. The data broker market in the region is expected to accounts for a significant share of the global market and the trend is expected to continue beyond 2017. The region’s market is projected to witness a strong growth in the forthcoming years. Meanwhile, Europe and Asia Pacific excluding Japan (APEJ) are likely to remain the other key markets for data brokers during the assessment period. Rising level of awareness about the imminent benefits of having a robust database is driving the demand in various end-user industries.

Consumer Data Emerges as the Leading Data Category

On the basis of data category, the consumer segment will remain highly lucrative over 2026. The segment currently accounts for nearly 36% revenue share of the market. Demand for consumer related data is consistently increasing from various commercial sectors. For business, gathering and maintaining consumer data has become extremely crucial for developing growth strategies. Consumer data allows customer-facing businesses to track latest market trends and understand consumer purchasing pattern. Consumer data may include customer’s email address, contact details and other pertinent online and offline activities. Business are buying consumer data that may reveal an individual’s interest areas in order to understand his/her requirements. Consumer data also helps brands to determine the practicality of marketing particular products to a target group.

Preference for Structured Data Continue to be High

Based on data type, the structured segment currently accounts for the largest share of the market. Between 2017 and 2026, the segment is projected to exhibit a CAGR of 13.9%. For the most part, structured data offers information that is organized and comprehensive. Moreover, the information present is seamless and readily searchable by simple search tools. In the unstructured format, the compilation is usually uncordial and might consume additional time for information segregation.

Competitive Analysis

Leading companies operating in the global data broker market include Acxiom Corporation, Experian Plc, Equifax, Inc., CoreLogic, Inc., TransUnion LLC, Oracle Corporation, Lifelock, Inc., H.I.G. Capital, LLC, PeekYou LLC, TowerData Inc., Alibaba Group Holdings Limited, Bloomberg L.P, Datasift Inc., Fair Isaac Corporation (FICO), RELX Group Plc., Moody’s Corporation, Nielson Holdings PLC, Thomson Reuters Corporation, Wolters Kluver N.V., Ignite Technologies, Inc., HG Data Company, IBM Corporation, Morningstar, Inc., Qlik Technologies Inc., and IHS Markit.

Transparency Market Research (TMR) has recently compiled an objectified report on the global market for data broker. The report offers a thorough analysis on the data broker market across geographies. Analysts evaluated various market elements to arrive at concrete points for determining the overall market value.  This also enabled the group of analysts working on the report make credible and pertinent estimations for the global data broker market. The report provides an all-inclusive perspective of the global market for data broker that include historical and future projections. The forecast data provided in the report is highly credible and aimed a fulfilling the objectives of the buyer.

Report Synopsis

The report offers a holistic overview of the global data broker market by evaluating its growth in terms of value (in US$ Mn) globally. The market projections offered in the report have analyzed by taking certain elements into consideration, including political, economic, social, legal and technological that influence the market. The report includes an executive summary that constitutes a brief information catalog. In this report, the reader will come across information on major industry developments and key market indicators for the global data broker market. In addition, the report contains market attractiveness index based on market share and CAGR for each segment. The report also offers porter’s five forces analysis that verifies the most attractive market segments. TMR’s report on the global market for data broker also offers a cross country and cross segments analysis. The global data broker market has been segmented on the basis of data category, data type, pricing model, end use sector and regions.

Market Taxonomy

Region

Data Category

Data Type

Pricing Model

End Use Sector

North America

Consumer

Unstructured Data

Subscription Paid

BFSI

Latin America

Credit

Structured

Pay per Use Paid

Retail and FMCG

Europe

Government

Custom Structure Data

Hybrid Paid Models

Manufacturing

Japan

Technical

 

 

Media

APEJ

Real Estate

 

 

Government Sector

MEA

Education  & Training

 

 

Other Sectors

 

Product & Services

 

 

 

 

Risk Management

 

 

 

 

Other Data Types

 

 

 

Global Data Broker Market: Competitive Outlook

The reader will also gain access to vital information regarding leading market participants, their growth strategies and recent developments in the competitive landscape section of the report. This section also offers information on market presence of major players. In competitive landscape, analysis on grow potential, market share, capabilities, product offerings and future outlook is also provided.

Research Methodology

For compiling the report, analysts have used a new and credible research methodology. This make the revenue estimations made on the global data broker market highly reliable. Also, an exhaustive secondary research has been carried out to support that evaluations of market size and verification of prominent market players. The figures offered in the report have undergone multiple levels of revision and reassertions from valuable inputs from company executive and domain experts in the form of primary interviews. The data collected through secondary and primary research is authenticated prudently and verified using particular tools. Hence, the research methodology provisioned application of a systematic matrix for analyzing the market and providing forecast.


 
 
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