Market revenue in 2023 | USD 810.9 million |
Market revenue in 2030 | USD 3,852.2 million |
Growth rate | 24.9% (CAGR from 2023 to 2030) |
Largest segment | Large enterprises |
Fastest growing segment | SMEs |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Large Enterprises, SMEs |
Key market players worldwide | Accenture PLC Class A, Cisco Systems Inc, Domo Inc, Thales, International Business Machines Corp, Infosys Ltd ADR, Reltio, SAP SE |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to data monetization market will help companies and investors design strategic landscapes.
Large enterprises was the largest segment with a revenue share of 66% in 2023. Horizon Databook has segmented the Europe data monetization market based on large enterprises, smes covering the revenue growth of each sub-segment from 2018 to 2030.
The promising growth prospects of the regional market can be attributed to the growing adoption of cloud computing, increasing adoption of Artificial Intelligence (AI), and aggressive investments in data centers by key market players.
Various cloud service providers are investing heavily in the U.K. to strengthen their market positions and increase their consumer base. For instance, in March 2022, Amazon Web Services, Inc. announced an investment of around USD 2.43 billion to improve its cloud services in the U.K. and gain a competitive advantage in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe data monetization market , including forecasts for subscribers. This continent databook contains high-level insights into Europe data monetization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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