Alternative Data Market Size - By Industry Vertical (Automotive, BFSI, Energy, Industrial, IT & Telecom, Media & Entertainment, Real Estate & Construction, Retail Transportation & Logistics), Data Type, End Use & Global Forecast, 2023

Description

List of Tables

Global Alternative Data Market will witness 27.1% CAGR between 2023 and 2032. The explosion of digital technology has led to an unprecedented volume of data generated from online sources, providing a rich resource for insights. Financial firms, hedge funds, and businesses across various sectors are increasingly recognizing the value of alternative data in making informed decisions, leading to a surge in demand. Furthermore, advances in data analytics and AI technologies have made it easier to extract meaningful insights from this non-traditional data, fueling alternative market growth.

The increasing efforts from companies to make alternative data more easily available will support market growth. For instance, in September 2023, Richard Lai, the head of the Alternative Data division at Bloomberg's Office of the CTO, stated that a key issue in the alternative data market that asset managers are grappling with is the limited access to high-cost data typically requires substantial resources, including dedicated data science teams. To tackle this problem, Bloomberg introduced a new alternative data feature, ALTD, on the Bloomberg Terminal, offering a solution to this data accessibility problem.

The overall Alternative Data Market is classified based on industry vertical, end-use, and region.

The automotive segment will undergo significant development from 2023 to 2032. Automakers and suppliers are tapping into a wealth of non-traditional data sources to gain competitive advantages. These data sources include social media sentiment, geospatial information, and consumer behavior insights. Leveraging alternative data market share helps in market forecasting, trend analysis, and product development, making it an essential tool for decision-makers in the automotive industry.

The investment institutions segment will register a commendable CAGR from 2023 to 2032. Hedge funds, asset managers, and other financial organizations are increasingly leveraging unconventional data sources to gain a competitive edge. This includes using web scraping, satellite imagery, and social media sentiment analysis to make more informed investment decisions. The alternative data market demand is fueled by the quest for unique insights and improved returns in an increasingly data-driven financial landscape.

Europe alternative data market will showcase an appreciable CAGR from 2023 to 2032. Investment firms, financial institutions, and various industries across the continent are recognizing the value of alternative data in making informed decisions. Whether it's harnessing social media trends, satellite imagery, or unconventional sources, the demand for such data-driven insights is growing. This reflects a broader shift toward data-driven decision-making and competitive advantage in the European market.

Product Code: 6521

Chapter 1 Methodology & Scope

1.1 Market definitions
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data Sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Alternative data market 360 degree synopsis, 2018 - 2032
2.2 Regional trends
2.3 Data type trends
2.4 Industry vertical trends
2.5 End-use trends

Chapter 3 Alternative Data Market Industry Insights

3.1 Impact on COVID-19
3.2 Russia- Ukraine war impact
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Technology & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Rising need for data-driven decision making
  - 3.10.1.2 The rapidly evolving technologies
  - 3.10.1.3 Rising adoption of data analytics for data excavation
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Data privacy and compliance
  - 3.10.2.2 Data bias and representativeness
3.11 Profit margin analysis
3.12 Vendor matrix analysis
3.13 Growth potential analysis
3.14 Porter's analysis
3.15 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Advan Research Corporation
- 4.3.2 Dataminr Inc.
- 4.3.3 Eagle Alpha Ltd
- 4.3.4 M Science LLC
- 4.3.5 UBS Evidence Lab
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Alternative Data Market Estimates & Forecast, By Data Type

5.1 Key trends, by data type
5.2 Credit & Debit Card Transactions
5.3 Email Receipts
5.4 Geo-location (Foot Traffic) Records
5.5 Mobile Application Usage
5.6 Satellite & Weather Data
5.7 Social & Sentiment Data
5.8 Web Scraped Data
5.9 Web Traffic
5.10 Others

Chapter 6 Alternative Data Market Estimates & Forecast, By industry vertical

6.1 Key trends, by industry vertical
6.2 Automotive
6.3 BFSI
6.4 Energy
6.5 Industrial
6.6 IT & Telecommunications
6.7 Media & Entertainment
6.8 Real Estate & Construction
6.9 Retail
6.10 Transportation & Logistics
6.11 Other

Chapter 7 Alternative Data Market Estimates & Forecast, By End-use

7.1 Key trends, by end-use
7.2 Hedge Fund Operators
7.3 Investment Institutions
7.4 Retail Companies
7.5 Others

Chapter 8 Alternative Data Market Estimates & Forecast, By Region

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 UK
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Spain
- 8.3.6 Russia
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 Japan
- 8.4.3 India
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Singapore
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 Saudi Arabia
- 8.6.3 South Africa

Chapter 9 Company Profiles

9.1 1010Data
9.2 7Park Data Inc.
9.3 Advan Research Corporation
9.4 Convergence Inc.
9.5 Dataminr Inc.
9.6 Eagle Alpha Ltd.
9.7 Earnest Research
9.8 Geotab Inc.
9.9 Jumpshot
9.10 M Science LLC
9.11 Preqin Ltd.
9.12 RavenPack
9.13 Thinknum Alternative Data
9.14 UBS Evidence Lab
9.15 YipitData