Data Broker Market Growth, Trends and Forecast 2017 - 2026

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Data Broker Market Expected To Witness a Sustainable Growth Over 2026 Date: February 24, 2022 Author: Tech News

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Transparency Market Research (TMR) in one of its latest market studies reveals the global data broker market to be intensely competitive. Savvy players are actively focusing on offering customized solutions in order to best serve the requirements of their clients.

Key names in the global data broker market include Experian plc., Oracle Corporation, TowerData Inc., Fair Isaac Corporation, Thomson Reuters Corporation, IBM Corporation, Acxiom Corporation, TransUnion LLC, PeekYou LLC, Datasift Inc., Nielson Holdings Plc, HG Data Company, CoreLogic Inc., H.I.G Capital LLC, Bloomberg L.P., Moody’s Corporation, Ignite Technologies Inc., Qlik Technologies Inc., Equifax Inc., Lifelock Inc., Alibaba Group Holdings Limited, RELX Group plc, Wolters Kluver N.V., and HIS Markit Morningstar Inc. Download Sample Report:

https://www.transparencymarketresearch.com/sample/sample.php? ag=S&rep_id=13037

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According to estimates presented by the TMR report, the global data brokers market will clock an impressive 11.5% CAGR for the forecast period between 2017 and 2026. In terms of data category, the demand for consumer data is estimated to contribute more than one-third revenue share of the overall market by the end of 2026. In terms of end-use sector, the BFSI segment holds the leading revenue share and is anticipated to register an above-average growth in the upcoming years. Geography-wise, North America is anticipated to dominate the data broker market over the 2017-2026 forecast period.

Advantages of Insights into Customer Purchasing Behavior a Boon for Market Today, the incessant use of mobile devices have led to generation of vast amount of consumer data that can be used for business advantage.

Enterprises are striving to scrutinize the bulk data that is generated from digital and non-digital peripherals for devising new marketing strategies. In particular, customer-facing businesses are leveraging data analytics to understand trends, consumer behavior, growth opportunities, and purchasing patterns. The task, however, is quite complicated and requires external assistance to be carried out. Data broker products are increasingly being adopted to carry out complex analysis of massive volume of data.

Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? ag=B&rep_id=13037 Moreover, moderate regulations that oversee data protection stipulations allow a freehand collection, thus, enable easy buying, selling, and exchange of vital customer data. The scrutiny of this data enables organizations to better formulate marketing strategies and identify potential customers. This is

leading to a strong demand for data broker product and services. Data brokers perform the arduous task of data collection from an array of sources, which is later scrutinized to deduce useful analytics. Businesses are purchasing consumer data to obtain information pertaining to customers’ interest areas that reveals his/her purchasing behavior. The data collected by data brokers is not only used to obtain vital customer data but also for tracking potential customers and operation management. This, in turn, will positively in uence the global data broker market.

Risk of Compromising Vital Consumer Data Restrains Growth Although the information fetched by data brokers are typically used for business innovation and for improved customer experience, it draws criticism for intruding into customer privacy. Consumer data may include customer’s email id, contact details and monitoring customer’s online and of ine Internet activity. Policy makers and consumer groups remain highly critical of data collection using data brokers and services. Data broker practices have been under the radar lately as they are associated with surging spamming activities and spread of unsolicited promotional messages.

Get COVID-19 Analysis @ https://www.transparencymarketresearch.com/sample/sample.php? ag=covid19&rep_id=13037 The review presented is based on the ndings of a TMR report, titled “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.”

The global data broker market is segmented as follows;

The global data broker market is segmented as follows; Data Broker Market, by Data Category Consumer Credit Government Technical Real Estate Education & Training Product & Services Risk Management Other Data Types Data Broker Market, by Data Type Unstructured Data Structured Data Custom Structure Data Data Broker Market, by Pricing Model Subscription Pay per Use Paid Hybrid Paid Data Broker Market, by End-use BFSI Retail and FMCG Manufacturing Media Government Sector

Others Data Broker Market, by Geography North America Latin America Europe Asia Paci c except Japan Japan Middle East and Africa Enquiry Before Buying : https://www.transparencymarketresearch.com/sample/sample.php? ag=EB&rep_id=13037 About Us Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyse information. Now avail exible Research Subscriptions, and access Research multi-format through downloadable databooks, infographics, charts, interactive playbook for data visualization and full reports through MarketNgage, the uni ed market intelligence engine. Sign Up for a 7 day free trial!

Contact Transparency Market Research USA – Canada Toll Free: 866-552-3453

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