PUBLISHER: Acute Market Reports | PRODUCT CODE: 1166102
PUBLISHER: Acute Market Reports | PRODUCT CODE: 1166102
Alternative Data Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030
"Rapidly Transforming Investment Landscape to Stimulate the Demand for Alternative Data Market"
Alternative data market reached a market value of US$ 428.9 Mn in 2021, with an immense CAGR during the forecast period from 2022 to 2030. Essentially directed by North America, alternative data market is majorly driven by its early adoption across different industry verticals. Any useful information that is not from financial statement is classified as alternative data. Evolving consumer behavior and post-recession economy have created new market opportunity and necessity to reach consumers in ways that are more sophisticated. Greenwich Associates study of asset managers accounted that 90% of asset managers that are analyzing alternative data are witnessing return on their investment. To gain strategic advantage over competitors, organizations are widely adopting such modern way of data analysis for asset management. For instance, in May 2017, JPMorgan group stated the widespread agreement for vital importance of alternative data in transforming the investment landscape. Similarly, in October 2017 Deloitte published report announcing, firms that do not integrate alternative data into their investment process will be at risk of being strategic disadvantage.
"Web Scrapping Data Segment to Cement its Dominance in Alternative Data Market"
Web scrapping segment represented lion share in overall alternative data market value generated worldwide. Web scrapping data is frequently used to track e-commerce activities, public commentary, press releases, changes in corporate websites and government filings. Increasing competition across alternative data providers, demand for improved quality of data and rising outsourcing of web scrapping in order to effectively use of resources expected to surge the demand for web scrapping data. However, organizations utilizing web scrapping are constrained by associated compliance risk due to ever-growing regulations associated with practice aiming private data security. However, steady growth of web scrapping data is credited to practice of financial firms to calculate potential risks as well as the legal costs associated with web scrapping.
"Early Adoption of Alternative Data for Investment Management to Ensure Dominating Position of North America Market"
Presently, North America is the front-runner of the overall alternative data market closely followed by the Europe. The U.S. with robust reliance on big data across the nation primarily drives the market here. According to Tabb Group, hedge funds based on alternative data account for 27% of overall U.S. stock trades by investors and these firms are closely searching for more effective and innovative sources of data. For instance, corporate jet tracks demonstrated the ability to predict investment decisions by tracking corporate aircraft activities. As alternative data continues to play a vital role in investment decisions, the U.S. Securities and Exchange Commission (SEC) are working towards ensuring fair efficient markets in the changing financial landscape. Alternative data market here enjoys wide data protection under U.S. privacy and data security laws, while public personal information such as non-confidential information with non-intimate nature readily used. Furthermore, Asia Pacific accounted to witness higher growth rate throughout the forecast period. Steadily improving economy expected to drive the market here. The Organization for Economic Cooperation & Development Privacy Principles and the Asia Pacific Economic Corporation Privacy Framework serves as guide for fund managers to structure their data privacy policies.
"Outsourcing of Data Management to Remain Key Opportunity for Alternative Data Providers"
Alternative data market is moderately competitive in nature with presence of both domestic as well as international players. Maintaining significant amount of data in organized form is necessary to stimulate the rise of alternative data and analytics. In search of solution to manage data efficiently and effectively, organizations are outsourcing alternative data management services. Thus, growth of alternative data market along with the rising trend of outsourcing services has created vital opportunity for market players. Key players of global alternative data market include Eagle Alpha Ltd., YipitData, 7Park Data, Inc., M Science LLC, App Annie Inc., Talkingdata, The nPD Group, Inc., 1010Data, Inc., Genscape, Inc., JWN Energy, Geotab Inc., Jumpshot, SimilarWeb Ltd., Quandl Inc., Convergence Inc., and others.
Historical & Forecast Period
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Alternative Data market are as follows:
Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Alternative Data market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
Market Segmentation
Data
Sentiment Data
Geo-location Data
Credit/Debit Card Data
Satellite Data
Email Receipts
Web Scrapping
Web Traffic
Others
Industrial Vertical
Automotive
Retail Market
Energy
IT & Telecommunications
Transportation & Logistics
Others
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of Covid-19 Segment (2020-2021; US$ Million )
Pre Covid-19 situation
Post Covid-19 situation
Key questions answered in this report
What are the key micro and macro environmental factors that are impacting the growth of Alternative Data market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2030.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Alternative Data market?
Which is the largest regional market for Alternative Data market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Alternative Data market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Alternative Data market worldwide?
Table of Contents
1. Preface
- 1.1. Report Description
- 1.1.1. Purpose of the Report
- 1.1.2. Target Audience
- 1.1.3. Key Offerings
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.3.1. Phase I - Secondary Research
- 1.3.2. Phase II - Primary Research
- 1.3.3. Phase III - Expert Panel Review
- 1.3.4. Assumptions
- 1.3.5. Approach Adopted
2. Executive Summary
- 2.1. Market Snapshot: Global Alternative Data Market
- 2.2. Global Alternative Data Market, By Data, 2021 (US$ Million)
- 2.3. Global Alternative Data Market, By Industrial Vertical, 2021 (US$ Million)
- 2.4. Global Alternative Data Market, By Geography, 2021 (US$ Million)
- 2.5. Impact of Covid 19
- 2.6. Attractive Investment Proposition by Geography, 2021
- 2.7. Competitive Analysis
- 2.7.1. Market Positioning of Key Alternative Data Market Vendors
- 2.7.2. Strategies Adopted by Alternative Data Market Vendors
- 2.7.3. Key Industry Strategies
3. Alternative Data Market: Business Outlook & Market Dynamics
- 3.1. Introduction
- 3.2. Global Alternative Data Market Value, 2020 - 2030, (US$ Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers
- 3.3.2. Market Restraints
- 3.3.3. Key Challenges
- 3.3.4. Key Opportunities
- 3.4. Impact Analysis of Drivers and Restraints
- 3.5. See-Saw Analysis
- 3.6. Porter's Five Force Model
- 3.6.1. Supplier Power
- 3.6.2. Buyer Power
- 3.6.3. Threat Of Substitutes
- 3.6.4. Threat Of New Entrants
- 3.6.5. Competitive Rivalry
- 3.7. PESTEL Analysis
- 3.7.1. Political Landscape
- 3.7.2. Economic Landscape
- 3.7.3. Technology Landscape
- 3.7.4. Legal Landscape
- 3.7.5. Social Landscape
4. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 4.1. Market Overview
- 4.2. Growth & Revenue Analysis: 2021 Versus 2030
- 4.3. Market Segmentation
- 4.3.1. Sentiment Data
- 4.3.2. Geo-location Data
- 4.3.3. Credit/Debit Card Data
- 4.3.4. Satellite Data
- 4.3.5. Email Receipts
- 4.3.6. Web Scrapping
- 4.3.7. Web Traffic
- 4.3.8. Others
5. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 5.1. Market Overview
- 5.2. Growth & Revenue Analysis: 2021 Versus 2030
- 5.3. Market Segmentation
- 5.3.1. Automotive
- 5.3.2. Retail Market
- 5.3.3. Energy
- 5.3.4. IT & Telecommunications
- 5.3.5. Transportation & Logistics
- 5.3.6. Others
6. North America Alternative Data Market, 2020-2030, USD (Million)
- 6.1. Market Overview
- 6.2. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 6.3. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 6.4.Alternative Data Market: By Region, 2020-2030, USD (Million)
- 6.4.1.North America
- 6.4.1.1. U.S.
- 6.4.1.2. Canada
- 6.4.1.3. Rest of North America
- 6.4.1.North America
7. UK and European Union Alternative Data Market, 2020-2030, USD (Million)
- 7.1. Market Overview
- 7.2. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 7.3. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 7.4.Alternative Data Market: By Region, 2020-2030, USD (Million)
- 7.4.1.UK and European Union
- 7.4.1.1. UK
- 7.4.1.2. Germany
- 7.4.1.3. Spain
- 7.4.1.4. Italy
- 7.4.1.5. France
- 7.4.1.6. Rest of Europe
- 7.4.1.UK and European Union
8. Asia Pacific Alternative Data Market, 2020-2030, USD (Million)
- 8.1. Market Overview
- 8.2. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 8.3. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 8.4.Alternative Data Market: By Region, 2020-2030, USD (Million)
- 8.4.1.Asia Pacific
- 8.4.1.1. China
- 8.4.1.2. Japan
- 8.4.1.3. India
- 8.4.1.4. Australia
- 8.4.1.5. South Korea
- 8.4.1.6. Rest of Asia Pacific
- 8.4.1.Asia Pacific
9. Latin America Alternative Data Market, 2020-2030, USD (Million)
- 9.1. Market Overview
- 9.2. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 9.3. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 9.4.Alternative Data Market: By Region, 2020-2030, USD (Million)
- 9.4.1.Latin America
- 9.4.1.1. Brazil
- 9.4.1.2. Mexico
- 9.4.1.3. Rest of Latin America
- 9.4.1.Latin America
10. Middle East and Africa Alternative Data Market, 2020-2030, USD (Million)
- 10.1. Market Overview
- 10.2. Alternative Data Market: By Data, 2020-2030, USD (Million)
- 10.3. Alternative Data Market: By Industrial Vertical, 2020-2030, USD (Million)
- 10.4.Alternative Data Market: By Region, 2020-2030, USD (Million)
- 10.4.1.Middle East and Africa
- 10.4.1.1. GCC
- 10.4.1.2. Africa
- 10.4.1.3. Rest of Middle East and Africa
- 10.4.1.Middle East and Africa
11. Company Profile
- 11.1. Eagle Alpha Ltd.
- 11.1.1. Company Overview
- 11.1.2. Financial Performance
- 11.1.3. Product Portfolio
- 11.1.4. Strategic Initiatives
- 11.2. YipitData
- 11.2.1. Company Overview
- 11.2.2. Financial Performance
- 11.2.3. Product Portfolio
- 11.2.4. Strategic Initiatives
- 11.3. 7Park Data, Inc.
- 11.3.1. Company Overview
- 11.3.2. Financial Performance
- 11.3.3. Product Portfolio
- 11.3.4. Strategic Initiatives
- 11.4. M Science LLC
- 11.4.1. Company Overview
- 11.4.2. Financial Performance
- 11.4.3. Product Portfolio
- 11.4.4. Strategic Initiatives
- 11.5. App Annie Inc.
- 11.5.1. Company Overview
- 11.5.2. Financial Performance
- 11.5.3. Product Portfolio
- 11.5.4. Strategic Initiatives
- 11.6. Talkingdata
- 11.6.1. Company Overview
- 11.6.2. Financial Performance
- 11.6.3. Product Portfolio
- 11.6.4. Strategic Initiatives
- 11.7. The NPD Group, Inc.
- 11.7.1. Company Overview
- 11.7.2. Financial Performance
- 11.7.3. Product Portfolio
- 11.7.4. Strategic Initiatives
- 11.8. 1010Data, Inc
- 11.8.1. Company Overview
- 11.8.2. Financial Performance
- 11.8.3. Product Portfolio
- 11.8.4. Strategic Initiatives
- 11.9. Genscape, Inc.
- 11.9.1. Company Overview
- 11.9.2. Financial Performance
- 11.9.3. Product Portfolio
- 11.9.4. Strategic Initiatives
- 11.10. JWN Energy
- 11.10.1. Company Overview
- 11.10.2. Financial Performance
- 11.10.3. Product Portfolio
- 11.10.4. Strategic Initiatives
- 11.11. Geotab
- 11.11.1. Company Overview
- 11.11.2. Financial Performance
- 11.11.3. Product Portfolio
- 11.11.4. Strategic Initiatives
- 11.12. JumpShot
- 11.12.1. Company Overview
- 11.12.2. Financial Performance
- 11.12.3. Product Portfolio
- 11.12.4. Strategic Initiatives
- 11.13. SimilarWeb
- 11.13.1. Company Overview
- 11.13.2. Financial Performance
- 11.13.3. Product Portfolio
- 11.13.4. Strategic Initiatives
- 11.14. Quandl Inc.
- 11.14.1. Company Overview
- 11.14.2. Financial Performance
- 11.14.3. Product Portfolio
- 11.14.4. Strategic Initiatives
- 11.15. Convergence Inc.
- 11.15.1. Company Overview
- 11.15.2. Financial Performance
- 11.15.3. Product Portfolio
- 11.15.4. Strategic Initiatives
List of Tables
- TABLE 1 Global Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 2 Global Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
- TABLE 3 North America Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 4 North America Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
- TABLE 5 UK and European Union Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 6 UK and European Union Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
- TABLE 7 Asia Pacific Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 8 Asia Pacific Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
- TABLE 9 Latin America Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 10 Latin America Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
- TABLE 11 Middle East and Africa Alternative Data Market By Data, 2020-2030, USD (Million)
- TABLE 12 Middle East and Africa Alternative Data Market By Industrial Vertical, 2020-2030, USD (Million)
List of Figures
- FIG. 1 Global Alternative Data Market: Market Coverage
- FIG. 2 Research Methodology and Data Sources
- FIG. 3 Market Size Estimation - Top Down & Bottom-Up Approach
- FIG. 4 Global Alternative Data Market: Quality Assurance
- FIG. 5 Global Alternative Data Market, By Data, 2021
- FIG. 6 Global Alternative Data Market, By Industrial Vertical, 2021
- FIG. 7 Global Alternative Data Market, By Geography, 2021
- FIG. 8 Global Alternative Data Market, By Data, 2021 Vs 2030, %
- FIG. 9 Global Alternative Data Market, By Industrial Vertical, 2021 Vs 2030, %
- FIG. 10 U.S. Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 11 Canada Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 12 Rest of North America Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 13 UK Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 14 Germany Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 15 Spain Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 16 Italy Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 17 France Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 18 Rest of Europe Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 19 China Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 20 Japan Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 21 India Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 22 Australia Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 23 South Korea Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 24 Rest of Asia Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 25 Brazil Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 26 Mexico Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 27 Rest of Latin America Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 28 GCC Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 29 Africa Alternative Data Market (US$ Million), 2020 - 2030
- FIG. 30 Rest of Middle East and Africa Alternative Data Market (US$ Million), 2020 - 2030
