Data Monetization Market – Expanding Internet of Things Applications Coupled Increasing Volume of Sensor Data Accelerates the Growth

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Data Monetization Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025

Albany, NY — (SBWIRE) — 03/08/2018 — The global market for data monetization is deriving growth from the augmenting volume of data piling up in enterprises across a number of industries. By effectively releasing the important financial value, which is held by data in the enterprise systems of an organization, data monetization has created a niche for itself in the global market.

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Today's enterprises are continuously focusing on create new opportunities for revenue and growth, since, data monetization solutions are available with anonymization& aggregation of data into a legally & ethically acceptable form, preference for data monetization solutions is increasing across industries.

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Decreasing data storage coasts, increasing large volume of under-utilized data in enterprise atmosphere , and growing importance generate new data revenue streams from the ever increasing data volume of organizations across various industries, are the prominent factors drives the growth of global data monetization market. Additionally, rapid technological advancements in Big Data and analytics solutions, and expanding internet of things (IoT) applications coupled increasing volume of sensor data accelerates the growth of global data monetization market.

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Also growing trend on monetizing customer data to upstream cash flow by various telecom service providers, further fuels the growth of global data monetization market.Increasing large volume of enterprise data generated by organizations across various industries, is the key factor contributes the growth of global data monetization market.

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