Alternative Data Market Size, Segments, and Trends by 2030
Alternative Data Market: Size and Share
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CAGR (2022 - 2030)51.8% -
Market Size 2022
US$ 5.55 Billion -
Market Size 2030
US$ 156.23 Billion
Market Dynamics
- Increasing Demand from Hedge Funds to Favor Market
- The advent of IoT, big data, and machine learning is anticipated to drive the market in the forecast period.
- Growth of Energy Industry.
Market Segmentation
Data Type - Credit and Debit Card Transactions
- Email Receipts
- Geo-location Records
- Mobile Application Usage
- Satellite and Weather Data
Industry - Automotive
- BFSI
- Energy Industrial
- IT and Telecommunications
- Media and Entertainment
Alternative Data Market Players Density: Understanding Its Impact on Business Dynamics
The Alternative Data Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Alternative Data Market are:
- Dataminr Inc.
- FactSet Research Systems Inc.
- Moody's Analytics Inc.
- Preqin Ltd
- RavenPack International SL
- Refinitiv Ltd
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Alternative Data Market top key players overview
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