Market Overview:
The global data broker service market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for big data and analytics services, rising need for data security and privacy, and growing trend of cloud-based services. The global data broker service market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into subscription-based services, pay per use paid services, and hybrid paid services. The subscription-based services segment is expected to hold a major share in the global data broker service market during the forecast period owing to its low cost as compared to other types of paid services. On the basis of application,the market is divided into BFSI sector,, retail and FMCG sector,, manufacturing sector,, media sector,, government sector,,and others segments.Onthebasisofregion,.
Product Definition:
A data broker service is a platform or system that helps organizations to collect and manage big data. The service can also help to identify patterns and trends in the data, which can then be used to make better business decisions. Additionally, a data broker service can help to improve customer engagement by providing insights that are relevant to them.
Subscription:
Subscription is a contract between the consumer and the service provider wherein the former signs up for a periodic shipment of goods or services. The growing trend of digitalization in various industries has led to an increase in subscriptions as they enable consumers to receive information digitally over e-mail, SMS, and web interface.
Pay per Use Paid:
Pay per use (PPU) is a payment model in which the end-users are charged for using specific features of a service. In data broker services, the end-users are charged based on how much information they access and how many leads they generate. The pay per use model helps in reducing cost and increasing profit margins for data brokers by charging customers based on their usage instead of selling them an entire package as it reduces overhead costs.
Application Insights:
The global data broker service market is segmented by application into Banking, Financial Services and Insurance (BFSI), retail and food manufacturing, media & entertainment (M&E), government sector, manufacturing and others. The BFSI segment accounted for the largest revenue share in 2017. This can be attributed to the high usage of data brokers services by banks and other financial institutions for fraud detection purposes. Moreover, increasing penetration of internet banking has led to a rise in demand from customers who require online authentication solutions.
The retail & FMCG application segment is expected to register a significant CAGR over the forecast period owing to an increase in e-commerce transactions globally coupled with growing consumer spending on luxury goods & services.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of a large number of players and increased focus on data analytics by companies for improving their sales. Moreover, increasing government initiatives to promote digitalization is also expected to drive regional demand over the forecast period. For instance, in March 2018, Walmart Inc launched an IoT-based retail monitoring system called—Walmart Protects that helps detect shoplifters, monitor inventory levels and improve security systems across its stores in the U.S.
Asia Pacific is expected to witness significant growth over the next eight years owing to rising investments by various governments across countries such as India and China for developing smart cities with advanced infrastructure using big data analysis techniques. Furthermore, growing adoption of cloud computing services has led many companies operating within these industries or other sectors such as manufacturing or media etc.
Growth Factors:
- Increasing demand for data-driven decision making: The increasing demand for data-driven decision making is one of the primary growth drivers for the global data broker service market. Organizations are increasingly adopting big data and analytics solutions to make better and faster decisions. This is resulting in the increased demand for data broker services that can help organizations manage and process large amounts of data quickly and efficiently.
- Proliferation of IoT devices: The proliferation of IoT devices is another major growth driver for the global Data Broker Service market. With the growing number of connected devices, there is an exponential increase in the amount of data being generated every day. This huge volume of unstructured sensor data needs to be processed, managed, and analyzed quickly if businesses want to make use of it effectively. Data brokers that can provide efficient bigdata processing capabilities are likely to see high growth in this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Data Broker Service Market Research Report
By Type
Subscription, Pay per Use Paid, Hybrid Paid
By Application
BFSI, Retail and FMCG, Manufacturing, Media, Government Sector, Others
By Companies
Acxiom, Experian, Equifax, CoreLogic, TransUnion, Oracle, Lifelock, H.I.G. Capital, PeekYou, TowerData, Alibaba, Bloomberg, Datasift, FICO, RELX, Moody’s, Thomson Reuters, Wolters Kluver, Ignite Technologies, HG Data, IBM, Morningstar, Qlik, IHS Markit
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Data Broker Service Market Report Segments:
The global Data Broker Service market is segmented on the basis of:
Types
Subscription, Pay per Use Paid, Hybrid Paid
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Retail and FMCG, Manufacturing, Media, Government Sector, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acxiom
- Experian
- Equifax
- CoreLogic
- TransUnion
- Oracle
- Lifelock
- H.I.G. Capital
- PeekYou
- TowerData
- Alibaba
- Bloomberg
- Datasift
- FICO
- RELX
- Moody’s
- Thomson Reuters
- Wolters Kluver
- Ignite Technologies
- HG Data
- IBM
- Morningstar
- Qlik
- IHS Markit
Highlights of The Data Broker Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Subscription
- Pay per Use Paid
- Hybrid Paid
- By Application:
- BFSI
- Retail and FMCG
- Manufacturing
- Media
- Government Sector
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Data Broker Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A data broker service is a company that collects and sells data about individuals. This can include information like addresses, phone numbers, email addresses, and other personal information.
Some of the major players in the data broker service market are Acxiom, Experian, Equifax, CoreLogic, TransUnion, Oracle, Lifelock, H.I.G. Capital, PeekYou, TowerData, Alibaba, Bloomberg, Datasift, FICO, RELX, Moody’s, Thomson Reuters, Wolters Kluver, Ignite Technologies, HG Data, IBM, Morningstar, Qlik, IHS Markit.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Data Broker Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Data Broker Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Data Broker Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Data Broker Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Data Broker Service Market Size & Forecast, 2018-2028
4.5.1 Data Broker Service Market Size and Y-o-Y Growth
4.5.2 Data Broker Service Market Absolute $ Opportunity
Chapter 5 Global Data Broker Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Data Broker Service Market Size Forecast by Type
5.2.1 Subscription
5.2.2 Pay per Use Paid
5.2.3 Hybrid Paid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Data Broker Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Data Broker Service Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Retail and FMCG
6.2.3 Manufacturing
6.2.4 Media
6.2.5 Government Sector
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Data Broker Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Data Broker Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Data Broker Service Analysis and Forecast
9.1 Introduction
9.2 North America Data Broker Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Data Broker Service Market Size Forecast by Type
9.6.1 Subscription
9.6.2 Pay per Use Paid
9.6.3 Hybrid Paid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Data Broker Service Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Retail and FMCG
9.10.3 Manufacturing
9.10.4 Media
9.10.5 Government Sector
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Data Broker Service Analysis and Forecast
10.1 Introduction
10.2 Europe Data Broker Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Data Broker Service Market Size Forecast by Type
10.6.1 Subscription
10.6.2 Pay per Use Paid
10.6.3 Hybrid Paid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Data Broker Service Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Retail and FMCG
10.10.3 Manufacturing
10.10.4 Media
10.10.5 Government Sector
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Data Broker Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Data Broker Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Data Broker Service Market Size Forecast by Type
11.6.1 Subscription
11.6.2 Pay per Use Paid
11.6.3 Hybrid Paid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Data Broker Service Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Retail and FMCG
11.10.3 Manufacturing
11.10.4 Media
11.10.5 Government Sector
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Data Broker Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Data Broker Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Data Broker Service Market Size Forecast by Type
12.6.1 Subscription
12.6.2 Pay per Use Paid
12.6.3 Hybrid Paid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Data Broker Service Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Retail and FMCG
12.10.3 Manufacturing
12.10.4 Media
12.10.5 Government Sector
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Data Broker Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Data Broker Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Data Broker Service Market Size Forecast by Type
13.6.1 Subscription
13.6.2 Pay per Use Paid
13.6.3 Hybrid Paid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Data Broker Service Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Retail and FMCG
13.10.3 Manufacturing
13.10.4 Media
13.10.5 Government Sector
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Data Broker Service Market: Competitive Dashboard
14.2 Global Data Broker Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acxiom
14.3.2 Experian
14.3.3 Equifax
14.3.4 CoreLogic
14.3.5 TransUnion
14.3.6 Oracle
14.3.7 Lifelock
14.3.8 H.I.G. Capital
14.3.9 PeekYou
14.3.10 TowerData
14.3.11 Alibaba
14.3.12 Bloomberg
14.3.13 Datasift
14.3.14 FICO
14.3.15 RELX
14.3.16 Moody’s
14.3.17 Thomson Reuters
14.3.18 Wolters Kluver
14.3.19 Ignite Technologies
14.3.20 HG Data
14.3.21 IBM
14.3.22 Morningstar
14.3.23 Qlik
14.3.24 IHS Markit
