Learn about the global alternative data market through The Business Research Company, which provides information on alternative data market size, alternative data market drivers and restraints, alternative data market players, the COVID-19 impact on the alternative data market, and more.

The alternative data market size is expected to grow from $1.44 billion in 2020 to $10.21 billion in 2025 at a rate of 48.0%. The global alternative data market size is then expected to grow at a CAGR of 36.3% from 2025 and reach $47.97 billion in 2030.

The alternative data market is expected to be supported by rapid growth in investments in smart city projects in many countries globally.

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The alternative data market comprises sales of alternative data by entities (organizations, sole traders and partnerships) that provide non-traditional data to investors for the analysis of the performance and market positioning of a company. Alternative data refer to the data used to obtain insight into the profitability of an organization in order to give insight for potential investment opportunities. Alternative data can be characterized as big data, as they are often large and complex data sets. Alternative data can be gathered from various sources including social media, product reviews, sensor data, mobile device data, geo-location data, weather data, credit or debit card transaction data and app usage data.

Global Alternative Data Market Segments Include:

By Data Type: Credit and Debit Card Transactions, Email Receipts, Geo-Location (Foot Traffic) Records, Mobile Application Usage, Satellite and Weather Data, Social and Sentiment Data, Web Scraped Data, Web Traffic, Other Data Type.

By Industry: Automotive, BFSI, Energy, Industrial, IT and Telecommunications, Media and Entertainment, Real Estate and Construction, Retail, Transportation and Logistics, Other Industries

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the global alternative data market, accounting for 41.0% of the total in 2021.

The demand for artificial intelligence (AI) has been increasing in the alternative data market for several reasons not least due to the generally very large data sets involved. AI can identify data types, find possible connections among such large datasets, organize and identify patterns using a range of techniques such as natural language processing and machine learning. The technology can also be used to automate and accelerate data preparation, collection and analysis tasks, including the generation of data models, and assist in data exploration for driving decisions.

TBRC’s Alternative Data Market Report Covers:

Major Market Players: Ravenpack International SL, 1010data, Inc., Vortexa Ltd., Eagle Alpha Ltd., Audit Analytics.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Alternative Data Market Report 2022 is one of a series of new reports from The Business Research Company that provides alternative data market overviews, analyzes and forecasts market size, share, alternative data market players, alternative data market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s alternative data market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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