Contact Us

Global Alternative Data Market Report 2022 – Market Forecast, Trends And Strategies

2 Mar, 2022

The global alternative data market size is expected to grow from $2.21 billion in 2021 to $3.23 billion in 2022 at a compound annual growth rate (CAGR) of 46.5%. The change in the market growth trend is mainly due to the growing demand for alternative data sources owing to the growing interest in stock market trading. The alt data market is expected to reach $13.91 billion in 2026 at a CAGR of 44%.

What is the Global Alternative Data Market?

The alternative data market consists of sales of alternative data by entities (organizations, sole traders, and partnerships) that provide alt data and helps in finding out the market insight. Alternative data is characterized as non-traditional data that can give an indicator of a firm future performance other than conventional sources such as corporate filings, analyst predictions, and management instructions. This information can be utilized in pre-trade investment evaluation as well as to assist investors in monitoring the financial health of a firm, industry, or nation.

Get a Sample of the global alternative data market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5184&&type=smp

What drives the Global Alternative Data Market?

The rising demand for alternative data from hedge funds is expected to propel the growth of the alternative data market in the coming years. Alternative data (or alt data) is non-financial data that predict financial results. Hedge funds and investment banks are among the top users of alt data as investors seek new data sources to provide speedier insight for improved decision-making. This is primarily since alternative data might aid in understanding the corporate performance and future consequences. According to Chain of Demand, a Hong Kong-based predictive analysis company, as of April 2019, over 400 companies were offering alternative data to hedge funds, with a projected profit of $1 billion. Therefore, the rising demand for alt data from hedge funds drives the growth of the alternative data market.

Get the full global alternative data industry report here:

https://www.thebusinessresearchcompany.com/report/alternative-data-global-market-report

Global Alternative Data Market Segments
The global alternative data market is segmented:
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
By Industry: Automotive, BFSI, Energy, Industrial, IT and Telecommunications, Media and Entertainment, Real Estate and Construction, Retail, Transportation and Logistics
By Application: Hedge Fund Operators, Investment Institutions, Others
By Geography: The regions covered in the alternative data market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Alternative Data Global Market Report 2022provides market size and growth forecasts for the global alternative data market, global alternative data market share, alternative data market segments and geographies, alternative data market competitive landscape including leading competitors’ revenues, profiles and market shares. The alternative data market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Global Alternative Data Industry Playersinclude 1010Data Inc., Advan Research Corporation, Eagle Alpha Ltd., Preqin Ltd., Ravenpack International SL, The Earnest Research Company, Thinknum Inc., UBS Evidence Lab, YipitData, Dataminr Inc., M Science LLC, 7Park Data Inc., Convergence Inc., Geotab Inc, Jumpshot, JWN Energy, and Talkingdata. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.

Back to top