The Data Brokers Market size was valued at USD USD 269.1 billion in 2022 and is estimated to reach USD 382.10 billion in 2030 with a growing CAGR of 4.41% Over the Forecast Period of 2023-2030.
Data brokers play a pivotal role in the modern economy by collecting, analyzing, and selling vast amounts of consumer information to businesses and organizations. This market has witnessed significant growth due to the increasing demand for targeted marketing strategies and personalized consumer experiences. Data brokers aggregate data from various online and offline sources, including social media, purchase histories, public records, and surveys, to create comprehensive consumer profiles. These profiles help businesses understand their customers better, predict trends, and optimize their marketing efforts. However, concerns over data privacy and security have also grown in parallel, prompting regulatory scrutiny and calls for transparency in data handling practices within the data brokerage industry.
The data brokers market is characterized by intense competition among both established firms and emerging startups aiming to capitalize on the proliferation of digital data. Key players in this market include Acxiom Corporation, Experian plc, and Equifax Inc., which dominate by leveraging their extensive data repositories and advanced analytics capabilities. These companies offer a range of services from data acquisition and cleansing to analytics and consulting, catering to diverse sectors such as retail, healthcare, finance, and beyond. As technological advancements continue to accelerate, data brokers are increasingly adopting AI and machine learning to refine their data processing and predictive modeling capabilities..
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Covid 19 impact analysis:
The latest report is the most recent study that offers 360° coverage of the Data Brokers industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Data Brokers market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.
Major companies profiled in the market report include
Oracle, Thomson Reuters, Equifax, Inc., CoreLogic, TransUnion LLC, ID Analytics, LLC, Acxiom LLC, IBM, Ignite Technologies, Epsilon Data Management, LLC, Alibaba, TowerData Inc., Intelius, Inc., and others .
Research objectives:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Data Brokers market.
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It has segmented the global Data Brokers market
By Data Type
- Structured
- Unstructured
- Custom Structured
By Pricing Model
- Subscription Paid
- Pay Per Use Paid
- Hybrid Paid Models
By Customer Category
- Consumers
- Businesses
By End-User
- Government
- Manufacturing
- BFSI
- Healthcare
- FMCG
Key Points Covered in the Report:
- A thorough analysis of value and volume at the worldwide, sector, and regional levels is included in the global Data Brokers ' market report.
- The study offers a full business size Data Brokers ' from a global point of view through a review of past facts and possible scenarios.
- Geographically, the Data Brokers of market analysis includes the number of regions and their contrast of revenue.
- The market analysis focuses on ex-factory costs, output volume, market share & sales for every manufacturer on a company level basis.
Key Reasons to Purchase this Report:
- A comprehensive study of market size, share and dynamics is a global Data Brokers 'market research report and a thorough survey of developments in the field.
- It offers an in-depth overview of revenue growth and an analysis of the total business benefits.
- In addition to the strategic landscape for commodity pricing and marketing, the Data Brokers ' industry research also provides key players.
- This is a new post covering the latest impact on the target market. The research report addresses the rapidly evolving market climate as well as the initial and future impact assessment.
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