Data Broker Market is expected to grow at 4.5% from 2024 to 2030

(IT-NEWSWIRE.COM, June 23, 2024 ) As per Maximize Market research, Data Broker Market to grow from US$ 280.82 Bn. in 2023 to US$ 382.16 Bn by 2030, at a CAGR 4.5 % during forecast period.

Data Broker Market Report Scope and Research Methodology

With the amount of information technology present in daily life, along with presence of World Wide Web have created enormous amounts of data. The coming years are expected to produce exponentially more data. As per a report by Cisco IoT have generated data worth USD 8 trillion in 2022. The report investigates all aspects of the sector, including a deep assessment of market leaders, followers, and new entrants.

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Data Broker Market Dynamics:

Emergence of new technologies, social media, and mobile phones have driven the data market. The usage of internet is not expected to dwindle anytime soon. This will provide a greater opportunity in the market. The data privacy laws and peoples growing concern over it may put some restraint on the market.

Data Broker Market Regional Analysis:

North America held the highest share in 2023, and is expected to lead in forecast period. The data collecting market in US is currently under no strict guidelines and this has presented opportunities to the Market and concerns to individuals.

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Data Broker Market Segmentation

By Data Category

Consumer

Credit

Government

Technical

Real Estate

Education & Training

Product & Services

Risk Management

Other Data Types

By Data Type

Unstructured Data

Structured Data

Custom Structure Data

By Pricing Model

Subscription Paid

Pay Per Use Paid

Hybrid Paid Models

By End Use Sector

BFSI

Retail And FMCG

Manufacturing

Media

Government Sector

Others Sector

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Data Broker Key Players:

Acxiom

Experian

Equifax

CoreLogic

TransUnion

Oracle

Others

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

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Data Broker Market is expected to grow at 4.5% from 2024 to 2030