Market revenue in 2023 | USD 292.2 million |
Market revenue in 2030 | USD 1,524.8 million |
Growth rate | 26.6% (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 66.05% in 2023. Horizon Databook has segmented the Middle East & Africa data monetization market based on large enterprises, smes covering the revenue growth of each sub-segment from 2018 to 2030.
Infrastructure development activities in the Middle East are likely to produce a large volume of data, particularly across the BFSI, retail, consumer goods, healthcare, and utility sectors, which is likely to increase the demand for data monetization solutions over the forecast period.
Initiatives undertaken by governments and corporations to promote advanced technologies, such as machine learning, business analytics, and AI, coupled with continuous adoption of cloud-based technologies, are anticipated to fuel the demand for implementing data monetization tools and services across business processes in Middle Eastern countries.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa data monetization market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa data monetization market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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