The Alternative Data Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Credit & Debit Card Transactions, Email Receipts, Geo-location Records, Mobile Application Usage, Satellite & Weather Data, Social & Sentiment Data, Web Scraped Data, Web Traffic, Others), By Industry (Automotive, BFSI, Energy, Industrial, IT & Telecommunications, Media & Entertainment, Real Estate & Construction, Retail, Transportation & Logistics, Others), By End-User (Hedge Fund Operators, Investment Institutions, Retail Companies, Others).
The Alternative Data market is experiencing significant growth in 2024, driven by the increasing demand for non-traditional sources of data to gain unique insights and competitive advantages across investment, business intelligence, and risk management domains. Alternative data refers to non-traditional datasets sourced from sources such as social media, satellite imagery, web scraping, and IoT devices, providing valuable insights into consumer behavior, market trends, and economic indicators. Market dynamics are influenced by factors such as the proliferation of digital data, advancements in data analytics, and the rise of quantitative investing strategies. Moreover, regulatory reforms, privacy concerns, and the need for data privacy and security further drive demand for alternative data solutions, fostering innovation and market competitiveness in the data economy.
A prominent trend in the alternative data market is the rising demand for alternative data sources in investment decision-making processes. With the proliferation of data sources and the growing complexity of financial markets, traditional investment firms and hedge funds are seeking new sources of information to gain insights into market trends, consumer behavior, and company performance. Alternative data, which includes non-traditional datasets such as satellite imagery, social media sentiment, and web traffic data, provides unique and actionable insights that complement traditional financial data sources. This trend is driven by the need for alpha generation, risk management, and portfolio optimization, as investors increasingly recognize the value of alternative data in gaining a competitive edge and generating superior investment returns.
A key driver fueling the alternative data market is the advancements in big data analytics and machine learning technologies. As the volume, variety, and velocity of data continue to grow exponentially, organizations are leveraging advanced analytics techniques and AI-driven algorithms to extract valuable insights from diverse datasets. In the investment industry, sophisticated data analytics tools enable investors to process and analyze vast amounts of alternative data in real-time, uncovering hidden patterns, correlations, and anomalies that traditional methods may overlook. This driver is reinforced by the increasing availability of cloud computing infrastructure, scalable data processing frameworks, and open-source machine learning libraries, which empower organizations to harness the power of big data and derive actionable insights to support investment decision-making processes.
An opportunity within the alternative data market lies in the development of customized alternative data solutions tailored to specific use cases and industry verticals. While alternative data offers a wealth of insights, the challenge for organizations lies in identifying relevant datasets, extracting meaningful signals, and integrating them into existing workflows. By offering specialized alternative data solutions that address the unique needs and objectives of different industries, such as finance, healthcare, retail, and transportation, data providers and analytics firms can unlock new revenue opportunities and differentiate themselves in the market. This opportunity is further amplified by the growing demand for industry-specific insights and the increasing willingness of organizations to invest in alternative data solutions to gain a competitive advantage and drive business outcomes.
By Type
By Industry
By End-user
Geographical Analysis
*List not exhaustive
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The Alternative Data Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Type (Credit & Debit Card Transactions, Email Receipts, Geo-location Records, Mobile Application Usage, Satellite & Weather Data, Social & Sentiment Data, Web Scraped Data, Web Traffic, Others), By Industry (Automotive, BFSI, Energy, Industrial, IT & Telecommunications, Media & Entertainment, Real Estate & Construction, Retail, Transportation & Logistics, Others), By End-User (Hedge Fund Operators, Investment Institutions, Retail Companies, Others).
The Alternative Data market is experiencing significant growth in 2024, driven by the increasing demand for non-traditional sources of data to gain unique insights and competitive advantages across investment, business intelligence, and risk management domains. Alternative data refers to non-traditional datasets sourced from sources such as social media, satellite imagery, web scraping, and IoT devices, providing valuable insights into consumer behavior, market trends, and economic indicators. Market dynamics are influenced by factors such as the proliferation of digital data, advancements in data analytics, and the rise of quantitative investing strategies. Moreover, regulatory reforms, privacy concerns, and the need for data privacy and security further drive demand for alternative data solutions, fostering innovation and market competitiveness in the data economy.
TABLE OF CONTENTS
1 Introduction to 2024 Alternative Data Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Alternative Data Market Size Outlook, $ Million, 2021 to 2030
3.2 Alternative Data Market Outlook by Type, $ Million, 2021 to 2030
3.3 Alternative Data Market Outlook by Product, $ Million, 2021 to 2030
3.4 Alternative Data Market Outlook by Application, $ Million, 2021 to 2030
3.5 Alternative Data Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Alternative Data Market Industry
4.2 Key Market Trends in Alternative Data Market Industry
4.3 Potential Opportunities in Alternative Data Market Industry
4.4 Key Challenges in Alternative Data Market Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Alternative Data Market Share by Company (%), 2023
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Alternative Data Market Outlook By Segments
7.1 Alternative Data Market Outlook by Segments
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
8 North America Alternative Data Market Analysis And Outlook To 2030
8.1 Introduction to North America Alternative Data Markets in 2024
8.2 North America Alternative Data Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Alternative Data Market size Outlook by Segments, 2021-2030
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
9 Europe Alternative Data Market Analysis And Outlook To 2030
9.1 Introduction to Europe Alternative Data Markets in 2024
9.2 Europe Alternative Data Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Alternative Data Market Size Outlook By Segments, 2021-2030
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
10 Asia Pacific Alternative Data Market Analysis And Outlook To 2030
10.1 Introduction to Asia Pacific Alternative Data Markets in 2024
10.2 Asia Pacific Alternative Data Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Alternative Data Market size Outlook by Segments, 2021-2030
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
11 South America Alternative Data Market Analysis And Outlook To 2030
11.1 Introduction to South America Alternative Data Markets in 2024
11.2 South America Alternative Data Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Alternative Data Market size Outlook by Segments, 2021-2030
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
12 Middle East And Africa Alternative Data Market Analysis And Outlook To 2030
12.1 Introduction to Middle East and Africa Alternative Data Markets in 2024
12.2 Middle East and Africa Alternative Data Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Alternative Data Market size Outlook by Segments, 2021-2030
By Type
Credit & Debit Card Transactions
Email Receipts
Geo-location Records
Mobile Application Usage
Satellite & Weather Data
Social & Sentiment Data
Web Scraped Data
Web Traffic
Others
By Industry
Automotive
BFSI
Energy
Industrial
IT & Telecommunications
Media & Entertainment
Real Estate & Construction
Retail
Transportation & Logistics
Others
By End-user
Hedge Fund Operators
Investment Institutions
Retail Companies
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
1010data Inc
Advan Research Corp
Dataminr
Earnest
M Science LLC
Preqin
RavenPack
Thinknum Alternative Data
UBS
YipitData
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Type
By Industry
By End-user
Geographical Analysis
The global Alternative Data Market is one of the lucrative growth markets, poised to register a 47.6% growth (CAGR) between 2024 and 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
1010data Inc, Advan Research Corp, Dataminr, Earnest, M Science LLC, Preqin, RavenPack, Thinknum Alternative Data, UBS, YipitData
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2030; Currency: USD; Volume
47.6