Knowledge Sourcing Intelligence announces the publication of a new report on “Global Data Broker Market - Forecasts from 2019 to 2024" to their offering.
This report provides forecast and analysis of the global data broker market which is estimated to surge at a CAGR of 16.01% over the period of 2018-2024. Data broker companies generate revenues by selling compiled information to other companies for several purposes which include verification regarding an individual identity, product marketing, and fraud detection. The market for global data broker is expected to propel during the forecast period with double-digit growth during the forecast period. This is due to the fact that there is an increase in demand for various data-based information regarding consumers, organizations and other relevant data regarding weather, natural events and many more. Hence, many companies approach data brokerage firms for acquiring necessary information which is quite helpful in formulating the company strategies in a much efficient manner, calling a need for the data broker market to thrive in the forecast period and in the coming years. Additionally, the increasing growth of business intelligence and analytics, and the internet of things (IoT) serve as major drivers in fueling the market growth in the forecast period. However, strict regulations in some regions around the globe regarding the security and privacy of customers’ data may pose a threat in restraining the market growth in these regions. Geographically, North America is expected to hold a major share owing to the early adoption of innovations followed by the Asia Pacific region, which is expected to be the fastest-growing market.
Some of the major players covered as part of the report are Acxiom LLC, ID Analytics, LLC, and PeopleConnect, Inc. d/b/a Intelius.
This report segmented the global data broker market on the basis following terms:
· By Data Type
o Consumer Data
o Business Data
· By End-User Industry
· By Geography
o North America
§ United States
o South America
o Middle East and Africa
§ Saudi Arabia
o Asia Pacific
Purchase complete report or request sample: www.knowledge-sourcing.com/report/global-data-broker-market
Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing research studies spanning across ten industry verticals. We have a combination of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. Driven by industry experts, the company provides syndicated reports, custom research, and consulting services. Our proprietary data analytics model blended with quality primary and secondary research data, assists in generating quality reports providing crucial insights to managers and decision-makers. The services offered by us help companies to gain the required competitive edge. Our expertise across 10 industries such as ICT, Chemicals, Semiconductors, Healthcare among others cater to diverse client needs.
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