Alternative data is characterized as non-traditional data that can give an indicator of a firm's 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 health of a firm, industry, or nation. The main types of alternative data are 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, and web traffic. Credit card transaction data generates information about consumer purchases, allowing businesses to estimate future spending patterns. Organizations including small and medium-sized enterprises and large enterprises. It is implemented in various verticals such as automotive, BFSI, energy, industrial, IT and telecommunications, media and entertainment, real estate and construction, retail, transportation and logistics. The alternative data market research report is one of a series of new reports from The Business Research Company that provides alternative data market statistics, including alternative data industry global market size, regional shares, competitors with an alternative data market share, detailed alternative data market segments, market trends and opportunities, and any further data you may need to thrive in the alternative data industry. This alternative data market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global alternative data market grew from $3.23 billion in 2022 to $4.74 billion in 2023 at a compound annual growth rate (CAGR) of 46.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The alternative data market size is expected to grow to $18.94 billion in 2027 at a CAGR of 41.4%. 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 study in 2020, jointly published by AIMA and SS&C, quizzed nearly 100 hedge fund managers globally, out of which approximately 25% of those surveyed are considered "market leaders" - hedge fund managers who have been using alternative data for more than five years and over two-thirds (69%) of these market leaders are using alternative data to generate outperformance. Moreover, in next one to five years, 61% of market leaders and 82% of the rest of the market expect alternative data to become increasingly popular among hedge funds. Therefore, the rising demand for alternative data from hedge funds drives the growth of the alternative data market. The launch of next-generation platforms has emerged as a key trend in the alternative data market. Major companies operating in the alternative data sector are focusing on introducing next-generation platforms to deliver new and timely insights to researchers, analysts, and businesses. For instance, in October 2020, ESG Data Services Inc., a Canada-based alternative data provider launched the next generation AI-powered ESG data, research, and analytics platform-ESG Analytics. ESG Analytics is an API and web-based solution that uses artificial intelligence (AI) and broad-based alternative data sources to uncover opportunities and risks in social, environmental, and governance practices of companies, ETFs, and countries. Moreover, for investors going beyond the surface details that everyone else uses, ESG Analytics opens them to a world of deep and relevant analysis. In January 2020, The Earnest Research Company, a US-based data analytics company has acquired Alpha Hat Inc. for an undisclosed amount. The acquisition would allow The Earnest Research Company to demonstrate the insights of the new data products of the highest quality and accuracy. Alpha Hat Inc. is a US-based, mobile geolocation intelligence provider that specializes in refining alternative data into actionable insights for investors. Major players in the alternative data market are 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. North America was the largest region in the alternative data market in 2022. The regions covered in the alternative data market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the alternative data market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The alternative data market includes revenues earned by entities by providing services such as point-of-sale transactions, web site usage, mobile app or app store analytics, crowdsourcing, and obscure city hall records. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global alternative data market is segmented - 1) 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 2) By Organization Size: Small and Medium-Sized Enterprises, Large Enterprises 3) By Industry: Automotive, BFSI, Energy, Industrial, IT And Telecommunications, Media And Entertainment, Real Estate And Construction, Retail, Transportation And Logistics

The data acquisition (DAQ) system refers to a system that can measure and record physical or electrical properties to understand the system’s performance. DAQ systems are computer-based measurement systems that help in measuring an electrical or physical phenomenon such as current, voltage, pressure, temperature, or sound. These systems capture and store data from an actual system for further scientific and engineering review. The main types of data acquisition (DAQ) systems are peripheral component interconnect (PCI), LAN extensions for instrumentation (LXI)/ ethernet, VME extensions for instrumentation (VXI), PCI extensions for instrumentation (PXI), universal serial bus (USB), and standalone. The main components include hardware and software. They offer high-speed (>100 ks/s) and low-speed (<100 ks/s). The various applications include research and analysis, manufacturing and quality, asset condition monitoring, and design validation and repair that are used by aerospace and defense, energy and power, automotive and transportation, wireless communication and infrastructure, water and wastewater treatment, healthcare, and food and beverages. The data acquisition (DAQ) system market research report is one of a series of new reports from The Business Research Company that provides data acquisition (DAQ) system market statistics, including data acquisition (DAQ) system industry global market size, regional shares, competitors with a data acquisition (DAQ) system market share, detailed data acquisition (DAQ) system market segments, market trends and opportunities, and any further data you may need to thrive in the data acquisition (DAQ) system industry. This data acquisition (DAQ) system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data acquisition (DAQ) system market size grew from $1.77 billion in 2022 to $1.9 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data acquisition (DAQ) system market size is expected to grow to $2.58 billion in 2027 at a CAGR of 7.9%. The increasing demand for automation is significantly driving the growth of the data acquisition (DAQ) system market. Automation refers to the application of technologies with minimal human intervention for producing and delivering goods and services. The majority of the industrial sectors are adopting automated technologies to cut back errors, reduce repetitive tasks, and lower processing costs. The increasing demand for automation in the industries is directly promoting the increased use of data acquisition (DAQ) systems. For instance, according to the Future of Jobs Survey 2020, World Economic Forum, an international non-governmental and lobbying organization, 50% of business leaders are planning to adopt automation of repetitive tasks and 85% of business leaders said that automation will give more time to focus on the important goals to the company. Therefore, the increase in demand for automation is driving the growth of the data acquisition (DAQ) system market. Product innovations are the key trends gaining popularity in the data acquisition (DAQ) system market. The market players are developing innovative products for their market growth strategy. For instance, in November 2021, METIS Cyberspace Technology SA, a US-based Data Acquisition for maritime industry company, launched Ship Connect, the next-generation automated data-acquisition system to enable the development of ship performance analytics and enhance data transfer and monitoring. The system optimizes network bandwidth and transfers the readings to the METIS cloud platform from vessel equipment, making them immediately available for analysis. In July 2021, Spectris plc, a UK-based company operating in high-tech instruments, test equipment, and software acquired Concurrent Real-Time, Inc for an undisclosed amount. Through this acquisition, Spectris plc aims to enhance and grow its market-leading simulator platform businesses and fully integrate hardware-in-the-loop (‘HiL’) technology. Concurrent Real-Time, Inc is a US-based provider of high-performance, real-time computational hardware and software solutions. Major players in the data acquisition (DAQ) system market are Siemens AG, National Instruments Corporation, Keysight Technologies, ABB, Fortive Corporation, Emerson Electric Co., General Electric, Schneider Electric, Honeywell, Agilent Technologies, Advantech Co. Ltd., Yokogawa Electric Corporation, Data Translation Inc., Campbell Scientific Inc., and Teledyne. North America was the largest region in the data acquisition (DAQ) system market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data acquisition (DAQ) system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data acquisition (DAQ) system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data acquisition system market includes revenues earned by entities by providing flight data acquisition services, structural dynamics test systems services, local electronic data capture systems services. The market value includes the value of related goods sold by the service provider or included within the service offering. The data acquisition system market also includes sales of sensor, computers, signal conditioning gear which are used in providing data acquisition system services. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data acquisition daq system market is segmented - 1) By Type: Peripheral Component Interconnect (PCI), LAN Extensions For Instrumentation (LXI)/ Ethernet, VME Extensions For Instrumentation (VXI), PCI Extensions For Instrumentation (PXI), Universal Serial Bus (USB), Standalone 2) By Component: Hardware, Software 3) By Speed: High-speed (>100 KS/S), Low-speed (<100 KS/S) 4) By Application: Research And Analysis, Manufacturing And Quality, Asset Condition Monitoring, Design Validation And Repair 5) By End User: Aerospace And Defense, Energy And Power, Automotive And Transportation, Wireless Communication And Infrastructure, Water And Wastewater Treatment, Healthcare, Food And Beverages

The data science platform is a software that are used to analyze, organize, and transfer to assist businesses in developing analytic models and managing analytic data Data analysis across multiple platforms can assist businesses in gaining insights from user data and marketing campaigns, ultimately assisting in the improvement of strategy and revenue. The main types of products in the data science platform are solutions and services. The data science platform solutions help with data collection, data integration, and data visualization. These solutions help companies to plan strategies, uncover actionable insights from historic data. The different modes of deployment include cloud-based, on-premise, and are used by various sectors such as BFSI, telecommunication, transportation and logistics, healthcare, manufacturing, others. The data science platform market research report is one of a series of new reports from The Business Research Company that provides data science platform market statistics, including data science platform industry global market size, regional shares, competitors with a data science platform market share, detailed data science platform market segments, market trends and opportunities, and any further data you may need to thrive in the data science platform industry. This data science platform market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data science platform market size grew from $74.77 billion in 2022 to $97.26 billion in 2023 at a compound annual growth rate (CAGR) of 30.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data science platform market size is expected to grow to $285.78 billion in 2027 at a CAGR of 30.9%. The increase in demand for big data analytics is expected to propel the growth of the data science platform market during the forecast period. Big data analytics employs advanced analytic techniques to analyze a mixture of structured, semi-structured, and unstructured data collected by businesses and entities. Data science is the practice of extracting important information from data using advanced analytics techniques and scientific principles for enterprise decisions, strategic planning, and other purposes. For instance, according to Techjury, a US-based software company, the big data analytics sector is projected to reach $77 billion by 2023. Therefore, the increasing demand for big data analytics drives the growth of the data science platform market. The adoption of analytic apps is shaping the data science platform market. Major data science companies that use applications are focusing on adopting analytics applications that will help them better understand consumer behavior. Data analytic apps can tell users if the app is detected, compare downloads and in-app purchases, monitor, and evaluate KPIs, and give users in-app analytics insights, among other things. For instance, in May 2021, InCorta, Inc., a US-based company that provides data analytics software launched the Incorta Mobile app. The Incorta Mobile App allows Incorta users to access, evaluate, and analyze business information from anywhere, at any time, with the ability to drill down into particular transaction details. In January 2021, TIBCO Software Inc., a US-based enterprise data company acquired Information Builders for an undisclosed amount. Through this acquisition of Information Builders, analytics capabilities and data management will be added to the advanced TIBCO Connected Intelligence platform. Information Builders is a US-based company that hat specializes in data integration, data quality, and business intelligence. Major players in the data science platform market are Microsoft Corporation, Google, IBM, Oracle, Alteryx, SAP SE, Teradata, TIBCO Software, RapidMiner Inc., MathWorks, SAS Institute, Wolfram Research Inc., Dataiku, Fair Issac Corporation (FICO), and Altair. North America was the largest region in the data science platform market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data science platform report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data science platform market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data science platform market includes revenues earned by entities by providing software tools that assist data scientists in analyzing data such as running, tracking, reproducing, sharing, and deploying models faster and more efficiently with powerful tools that speed up the process to enhance the organizational capability. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data science platform market is segmented - 1) By Type: Solutions, Services 2) By Deployment: Cloud-Based, On-Premise 3) By End User: BFSI, Telecommunication, Transportation And Logistics, Healthcare, Manufacturing, Other End Users

Data fabric refers to a set of data services that handle data using a network-based architecture instead of point-to-point connections. It is a powerful architecture, which monitors and manages the data and applications, regardless of location. Data fabric is used for data management, which helps to integrate data from various sources and analyse it seamlessly in one place. It is widely used by organizations to provide a comprehensive view of business and customers across an organization through disparate data sets in real-time and historical, and finally processes automatically in an efficient way. The main types of data fabric are disk-based data fabric and in-memory data fabric. Secured, managed, and governed data are some of the benefits of a disk-based data fabric. Additionally, it provides data access anytime applications demand it, it also provides the flexibility to transfer data and applications, lowering the cost of ownership and ensuring data compliance. It has components such as software and services that are applied in fraud detection and security management, customer experience management, governance, risk, and compliance management, sales, and marketing management, and business process management. There are various end-users such as banking, financial services, and insurance (BFSI), information technology (IT) and telecom, retail, healthcare and pharmaceuticals, manufacturing, and government. The data fabric market research report is one of a series of new reports from The Business Research Company that provides data fabric market statistics, including data fabric industry global market size, regional shares, competitors with a data fabric market share, detailed data fabric market segments, market trends and opportunities, and any further data you may need to thrive in the data fabric industry. This data fabric market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global data fabric market size grew from $1.84 billion in 2022 to $2.31 billion in 2023 at a compound annual growth rate (CAGR) of 25.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data fabric market size is expected to grow to $5.72 billion in 2027 at a CAGR of 25.5%. The rising volumes and variety of organizational data are significantly contributing to the growth of the data fabric market. Data is being collected and stored every second that is being utilized and sold for analysis. The analysis varies from company to company and their requirement. According to Domo, provider of a fully mobile cloud-based operating system, reported in 2020, the users spend $1 million online, takes around 1.4 million video and voice calls, send 150,000 messages on Facebook, and watch 404,000 hours of video on Netflix. This data is stored and used for future reference. Moreover, there are 4.5 billion internet users that send and receive data. Therefore, such rising volumes and variety of organizational data are contributing to the growth of the data fabric market. Technological advancements are shaping the data fabric market. New technologies are launched and products are advanced to provide better and more efficient products to the customers. For instance, in October 2021, NetApp, Inc., a US-based hybrid cloud data services and data management company that offers cloud data services for the management of applications and data both online and physically, announced new features and enhancements to help businesses upgrade existing IT infrastructure and boost digitalization by delivering new secure ways to consume and operate data services on-premises and in the cloud. These features include enhanced data services, ONTAP data management software enhancements, and more flexible consumption options. In July 2022, IBM Corporation, a US-based technology company acquired Databand for an undisclosed amount. The acquisition of Databand further extends IBM’s existing data fabric solution and also builds on IBM’s research and development investments as well as strategic acquisitions in AI and automation. Databand is an Israel-based provider of observability platform for data and machine learning pipelines operating in the data fabric market. Major players in the data fabric market are Denodo Technologies, IBM Corporation, Informatica, NetApp, Oracle Corporation, Splunk, Talend S.A., Dell Technologies, HP Enterprise, Teradata Corporation, TIBCO Software, VMware, K2View, Syncsort, CluedIn ApS, Idera Inc., Nexla Inc., QOMPLX Inc., Starburst Data Inc., Stardog Union Inc., and Trifacta. North America was the largest region in the data fabric market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data fabric market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data fabric market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The data fabric market includes revenues earned by entities by providing services such as augmented data catalog, persistence layer, knowledge graph, insights and recommendations engine. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data fabric market is segmented - 1) By Type: Disk-Based Data Fabric, In-Memory Data Fabric 2) By Component: Software, Service 3) By Application: Fraud Detection And Security Management, Customer Experience Management, Governance, Risk, And Compliance Management, Sales And Marketing Management, Business Process Management 4) By End User: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Retail, Healthcare And Pharmaceuticals, Manufacturing, Government

Data protection as a service (DPaaS) refers to a collection of services that help organizations to protect their data and also improve their network security and recovery options. Data Protection-as-a-Service (DPaaS) is a cloud-based or web-based system for networking security and data loss prevention. These services are provided to the clients through multiple memberships and help organizations in cutting the costs of system security and maintenance. The main types of data protection as a service are disaster recovery as a service, backup as a service, and storage as a service. Disaster recovery as a service (DRaaS) is a cloud computing service model that enables an organization to back up its data and IT infrastructure in a third-party cloud computing environment and provides all DR orchestration, all through a SaaS solution, to regain access and functionality to IT infrastructure following a disaster. Data protection as a service can be deployed in the public cloud, private cloud, and hybrid cloud in large enterprises and SMEs that can be used in various industries such as banking, financial services and insurance (BFSI), telecom & IT, government & public sector, healthcare, retail, energy & utilities, manufacturing, and others. The data protection as a service (DPaaS) market research report is one of a series of new reports from The Business Research Company that provides data protection as a service (DPaaS) market statistics, including data protection as a service (DPaaS) industry global market size, regional shares, competitors with a data protection as a service (DPaaS) market share, detailed data protection as a service (DPaaS) market segments, market trends and opportunities, and any further data you may need to thrive in the data protection as a service (DPaaS) industry. This data protection as a service (DPaaS) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data protection as a service (dpaas) market size grew from $22.48 billion in 2022 to $28.14 billion in 2023 at a compound annual growth rate (CAGR) of 25.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data protection as a service (dpaas) market size is expected to grow to $70.38 billion in 2027 at a CAGR of 25.8%. The increase in concern about data loss and data security is propelling the demand in the data protection as a service (DPaaS) market. Data loss refers to the loss of data due to internal issues like system failure or external issues like cyber attacks, etc. Enterprises from all around the world have been concerned about data security recently due to incidents of data loss and data leaks. For instance, according to Identity Theft Resource Center’s report, a United States non-profit organization, the year 2021 saw 1,862 data breaches, which was up from 1,108 data breaches in 2020. These breaches have increased concerns about data loss in companies. Hence, the increasing concerns about data loss and data security are driving the growth of the data protection as a service market. New technological advancements like the integration of connected devices with the internet of things (IoT) and virtual private network (VPN) are shaping the data protection as a service (DPaaS) market. For instance, in May 2021, GLobal Electronic-SECurity (GLESEC), a cyber-security firm announced the launch of its new Orchestrated data leakage detection and protection service. This security-as-a-service has a unique offering of detecting and protecting data leakage without the need to classify all the information of the company. With this service, the company would address the need for the organization’s security requirements. In January 2021, Veritas, headquartered in California, a provider of enterprise data protection services, acquired HubStor for an undisclosed amount. With this acquisition, Veritas would add a SaaS-based data protection team to the team and would be able to bring data protection services to the cloud. Hubstor, headquartered in Canada, is data protection as a service provider. Major players in the data protection as a service (DPaaS) market are IBM Corporation, Amazon Web Services, Hewlett-Packard Development Company, Commvault Systems, VMware, Quantum Corporation, Asigra, EMC Corporation, Dell, Veritas Technologies, Commvault, Quest Software Inc., NxtGen Datacenter & Cloud Technologies Pvt. Ltd., Hitachi Vantara Corporation, and Atos SE. North America was the largest region in the data protection as a service (DPaaS) market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data protection as a service (DPaaS) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data protection as a service (DPaaS) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data protection as a service (DPaaS) market includes revenues earned by entities by providing services such as backup as a service (BaaS), storage as a service (STaaS), and disaster recovery as a service (DRaaS). The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data protection as a service dpaas market is segmented - 1) By Service Type: Disaster Recovery As A Service, Backup As A Service, Storage As A Service 2) By Enterprise Size: Large Enterprise, SMEs 3) By Deployment Mode: Public Cloud, Private Cloud, Hybrid Cloud 4) By Industry: Banking, Financial Services And Insurance (BFSI), Telecom And IT, Government And Public Sector, Healthcare, Retail, Energy And Utilities, Manufacturing, Other Industries

Data discovery refers to the process of acquiring and analyzing data from many sources in order to detect trends and patterns in the data by taking a series of actions that businesses may use as a framework to comprehend their data, which is frequently associated with business intelligence (BI) and assists in informing business decisions by bringing together disparate data sources to be examined. The main types of data discovery are software and services. The software allows one to collect and combine data from multiple sources in order to identify patterns and trends. The primary functions of data discovery software are data preparation, data modeling, visual analysis, and advanced statistical analysis. Software refers to programmes that require an electronic device such as a computer to run. The various deployment models are cloud-based or on-premises and are used in various organisation sizes, such as large enterprises and small and medium enterprises. The industries in which it is used include banking, financial services, and insurance (BFSI), telecommunications and IT, retail and e-commerce, manufacturing, energy and utilities, and other industry verticals. The Data discovery devices market research report is one of a series of new reports from The Business Research Company that provides Data discovery devices market statistics, including global market size, regional shares, competitors with a Data discovery devices market share, detailed Data discovery devices market segments, market trends and opportunities, and any further data you may need to thrive in the Data discovery devices industry. This data discovery devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data discovery market size grew from $12.29 billion in 2022 to $14.5 billion in 2023 at a compound annual growth rate (CAGR) of 18.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data discovery market size is expected to grow to $27.55 billion in 2027 at a CAGR of 17.4%. The increasing need for structured and unstructured data is driving the growth of the data discovery market going forward. Structured data refers to information that has been organised into a formatted repository, whereas unstructured data is information that lacks a predefined data model or is not organised in a predefined way. Enterprises may extend data access to all employees by integrating data discovery tools, allowing data teams and business analysts to comprehend and cooperate on data-related topics. For instance, in 2022, according to the article by Techjury, a US-based software company, the requirement to manage unstructured data is cited by 95 percent of firms as a challenge, and 97.2 percent of businesses are investing in big data and artificial intelligence for the growth of their businesses and brands. Therefore, increasing the use of structured and unstructured data is driving the growth of the data discovery market. New product innovations are the key trend gaining popularity in the data discovery market. Major companies operating in the data discovery market are focused on developing technologically advanced products to strengthen their market position. For instance, in February 2022, DvSum, a US-based cloud-based data intelligence platform, launched its next-generation Data Catalog solution that makes it much easier to discover, monitor, and govern data with the help of the smart, augmented, live Data Catalog. DvSum Catalog is smarter, easier to use, inexpensive, and intended for teams and companies of all sizes, unlike other data catalogue products on the market. This software combines basic metadata such as data dictionaries with real-time data profiles, computes data quality ratings, and connects them to business definitions and attributes. This provides users with an unrivaled, comprehensive, 360-degree perspective of the data, allowing them to provide timely and accurate insights into the business. In October 2021, Institutional Shareholder Services Inc., a US-based investment firm, acquired Discovery Data Holdings, Inc., for an undisclosed amount. This acquisition marks a new milestone in ISS's expansion and is consistent with our long-standing commitment to provide industry-leading and unique data, analytics, and insights covering every stage of the investment process. It also brings industry-leading solutions to our clients that will improve their support of the organizations and individuals managing the flow of assets into investment products across the main distribution channels. Discovery Data, Inc., is a data analytics company based in the United States that has established itself as a reputable and dependable data and analytics provider to the financial services industry. Major players in the data discovery market are Oracle Systems Corporation, Tableu Software LLC, Systems, Applications & Products in Data Processing, Alteryx, Platfora Inc., Qlik Technologies Inc., ClearStory Data Inc., Cloudera Inc., Databricks, Panorama Software, PKWARE, Datameer Inc., HP Enterprise, Thales, Aegis Softtech, and Crest Infosystems Pvt. Ltd. North America was the largest region in the data discovery market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this data discovery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the data discovery market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data discovery market includes revenues earned by entities by improving business processes by revealing pertinent data insights, communicating these insights to business users in a manner that is understandable to non-technical users, and so on. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data discovery market is segmented - 1) By Component: Software, Service 2) By Deployment Model: Cloud-Based, On Premises 3) By Organization Size: Large Enterprises, Small Enterprises 4) By Industry Verticals: Banking, Financial Services, and Insurance (BFSI), Telecommunications and IT, Retail and E-Commerce, Manufacturing, Energy and Utilities, Other Industry Verticals

Data governance refers to the process of managing the availability, usability, integrity, and security of the information in enterprise systems, based on internal data standards and policies that control data usage. The main types of components in data governance are solutions and services. Data governance solutions refer to a strategic, ongoing, and collaborative practise that enables organisations to discover and track data, understand what it means within a business context, and maximise its security, quality, and value. Data governance solutions and tools help organisations understand, secure, and trust their data. The solutions are deployed in on-premise and cloud modes by small and medium-sized enterprises (SMEs) and large enterprises. The various applications include incident management, process management, compliance management, risk management, audit management, data quality and security management, and other applications that are used by BFSI, retail and consumer goods, telecom and IT, government, healthcare, manufacturing, energy and utilities, transportation and logistics, and other industry verticals. The data governance market research report is one of a series of new reports from The Business Research Company that provides data governance market statistics, including data governance industry global market size, regional shares, competitors with a data governance market share, detailed data governance market segments, market trends and opportunities, and any further data you may need to thrive in the data governance industry. This data governance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry. The global data governance market size grew from $3.21 billion in 2022 to $3.87 billion in 2023 at a compound annual growth rate (CAGR) of 20.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data governance market size is expected to grow to $8.22 billion in 2027 at a CAGR of 20.7%. Rapidly increasing growth in data volumes is contributing to the growth of the data governance market. The expanding number of data-generating devices, such as smartphones, wearable electronics, and a slew of other gadgets with sensors, the popularity of the Internet of Things, cloud computing, and the impending adoption of 5G are all contributing to the exponential growth of data volume. Data governance improves data quality, lowers data management expenses, and increases data scientists', other analysts', and business users' access to needed data. For instance, according to FinancesOnline, a US-based SaaS platform provider, there will be 74 zettabytes of total data in the world by the end of 2021. In addition, 1.145 trillion MB of data will be created every day in 2021. Therefore, the rapidly increasing growth in data volumes is expected to fuel the growth of the data governance market going forward. Strategic partnerships and collaborations have emerged as the key trends gaining popularity in the data governance market. The development of an effective data governance programme will require collaboration and cooperation across several organisations in the enterprise. The foremost among these are the security and analytics teams. For instance, in 2021, Axtria, a US-based provider of cloud software and data analytics company, partnered with Reltio for an undisclosed amount. This collaboration will be able to harness Axtria's experience to strategically alter its sales and marketing processes through competitive insights and predictive analytics. Reltio is a US-based company that provides a cloud-native multi-tenant, multi-domain MDM platform that delivers real-time data at scale. Moreover, in June 2020, Erwin Inc., a US-based company that provides data modeling, data governance, and business process modelling software, partnered with Mikan Associates for an undisclosed amount. This partnership helps organisations adopt data governance solutions. Mikan Associates is a US-based company that provides measurable, impactful data, analytics, and AI-based solutions. In January 2021, Quest Software, a US-based software company, acquired Erwin for an undisclosed amount. This acquisition will broaden Quest's presence in the developing data management and dataops sectors. Erwin is a US-based company that provides data modeling, data governance, and business process modeling software. Major players in the data governance market are IBM Corporation, Oracle, Collibra, Informatica, Talend, TopQuadrant, Alation, TIBCO Software Inc., Varonis, Data Advantage Group, Ataccama, Global Data Excellence, Global IDs, Microsoft Corporation, Adobe Inc., Datum LLC, Infosys Limited, Microfocus, Denodo Technologies, and Amazon Web Services Inc North America was the largest region in the data governance market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the data governance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data governance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The data governance market includes revenues earned by entities by providing solutions and services to provide systematic, ongoing, and collaborative practice that enables organizations to find and track their data, understand what it means in a business context, and maximize the security, quality, and value of that data.The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data governance market is segmented - 1) By Component: Solutions, Services 2) By Deployment Model: On-Premise, Cloud 3) By Organisation Size: Small And Medium-Sized Enterprises (SMEs), Large Enterprises 4) By Application: Incident Management, Process Management, Compliance Management, Risk Management, Audit Management, Data Quality And Security Management, Other Applications 5) By Industry Vertical: BFSI, Retail And Consumer Goods, Telecom And IT, Government, Healthcare, Manufacturing, Energy And Utilities, Transportation And Logistics, Other Industry Verticals

Data center colocation refers to a physical location that provides room with sufficient power, cooling, and security to house servers and computer hardware for enterprises. Anything from cabinets to cages to private apartments are included in this capacity. Data center colocation is a method of renting actual office space, network or internet bandwidth, and other services from an existing data center to third parties to set up their own data center. The main types of data center colocation are retail colocation and wholesale colocation. The retail colocation is a space where the consumer takes the space for lease that is within the data center such as rack space within the rack of caged-off area. The different sizes of enterprises include large enterprise and small scale enterprise. It is implemented in various verticals such as BFSI, IT and telecom, government and defense, healthcare, others. The data center colocation market research report is one of a series of new reports from The Business Research Company that provides data center colocation market statistics, including data center colocation industry global market size, regional shares, competitors with a data center colocation market share, detailed data center colocation market segments, market trends and opportunities, and any further data you may need to thrive in the data center colocation industry. This data center colocation market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry. The global data center colocation market size grew from $55.9 billion in 2022 to $65.55 billion in 2023 at a compound annual growth rate (CAGR) of 17.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The data center colocation market size is expected to grow to $110.88 billion in 2027 at a CAGR of 14.0%. The high cost of an in-house data center is encouraging companies to adopt data center colocation services which in turn is propelling the demand for the data center colocation market. Colocation services result in significant cost savings as compared to managing an in-house data center. For instance, the average annual cost of operating a large data center ranges from $10 million to $25 million. With data center colocation services, companies can reduce their spending on managing and maintaining an in-house server, which in turn reduces the overall IT expenditure of the companies. Therefore, the high cost of an in-house data center is increasing the demand for the data center colocation market. The introduction of the underwater data center is shaping the data center colocation market. The underwater data center is designed to use renewable electricity from tides and waves. It occupies less land onshore and is capable of using the flowing seawater to efficiently cool the electronics. In January 2021, Beijing Highlander Digital Technology Co, a China-based marine electronic technology products firm, and Guangzhou Shipyard International Co, a China-based shipbuilding enterprise, together introduced an underwater data center that involves the installation of internet facilities such as servers in airtight pressure vessels with the required cooling performance under the surface of the ocean. This underwater data center helps in reducing the amount of energy that is consumed and acts as a sustainable data center solution. In March 2020, Digital Realty, a US-based company that provides colocation and peering services, acquired Interxion for $8.4 billion. The acquisition aims to meet the colocation demands and requirements that are needed for businesses. Interxion is a Netherland-based company that provides carrier and cloud-neutral colocation data center services. Major players in the data center colocation market are Digital Realty Trust Inc., CyrusOne Inc., Global Switch, Cyxtera Technologies, Equinix Inc., China Telecom Corp. Ltd., Verizon Communication Ltd., AT&T Inc., Rackspace, NTT Ltd., CoreSite Realty Corp., NaviSite, SunGuard Availability Services, Telecity Group, and DuPont Fabros Technology Inc., North America was the largest region in the data center colocation market in 2022. The regions covered in the data center colocation report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the data center colocation market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The data center colocation market includes revenues earned by entities by providing bandwidth requirements while providing shared, secure spaces in cool, monitored environments that are ideal for servers. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The global data center colocation market is segmented - 1) By Type: Retail Colocation, Wholesale Colocation 2) By Enterprise Size: Large Enterprise, Small Scale Enterprise 3) By End-User: BFSI, IT And Telecom, Government And Defense, Healthcare, Other End Users