The Data Exchange Platform Services Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2021-2026). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the companies more precisely to make better informed decisions.
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A data exchange platform enables the transfer and provision of data with all the necessary functions such as protection, compliance, and traceability of transactions. Both data recipients and data providers need a protected and docile environment to take advantage of their data’s prospects and include the player that adequately meets their data needs. As the number of data increases, a data market can optimize data acquisition and regulate the flow of data. With the rapid development of the Internet of Things (IoT) and other innovative technologies, a data market can add value to data through insightful data partnerships with the expanded ecosystem. All of these factors contribute to the growth opportunities for the data exchange platform services market over the planned timeframe. A data exchange platform is the most advanced environment in which companies can share, obtain, exchange, assign, and utilize data and/or organize data ecosystems to build strong data partnerships. Data exchange platforms prescribe legal, technological, security, and consent requirements to support current and future data policies and frameworks. As organizations in both the public and private sectors recognize the importance of data as a key strategic element in achieving market goals such as creating new revenue streams or developing productivity, investment in services is increasing, which is expected to increase in the global data exchange platform services market Forecast period.
In November 2020, Harbr Group Limited had focused on offering a platform for enterprise data sharing by investing USD 38.5 million to empower businesses by sharing big data for data sharing.
In November 2019, Amazon Web Services, Inc. had launched the AWS Data Exchange service, which can be used for the broadest and deepest portfolio of cloud services in the AWS market using a single API.
Major Players are:
Dawex (France),Amazon Web Services (United States),Microsoft Corporation (United States),Oracle Corporation (United States),SAP SE (Germany),Adeptia (United States),Axway Software (France),BDEX, LLC (United States),Comarch SA (Poland),UBITECH Systems (United States),Data Republic Pty Ltd. (Australia),DataMotion Inc. (United States),Gemalto NV (Netherlands),Harbr Group Limited (United Kingdom),Hitachi Vantara Corporation (United States),IBM Corporation (United States)
NOTE: Our analysts monitoring the situation across the globe explain that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
The titled segments and sub-section of the market are illuminated below:
Type (Advisory Services, Data Mapping Services, Data Ingestion Services, Partner to Partner Data Exchange Services, Project Management Services, Support Services), Organization Size (Small & Medium Enterprises (SMEs), Large Enterprises), Industry Verticals (Automotive, BFSI, Government, Healthcare, IT & Telecom, Manufacturing, Media & Entertainment, Retail, Transportation, Logistics, Utilities)
The Improving Infrastructure across Various Developing and Developed Countries
A Growing Trend in Using Reliable Data Exchange Platforms That Imitate the Value Proposition of Major Consumer Marketplaces
There Is a Rising Investment for the Services
A Rise in the Amounts of Data
Increasing Demand for Privacy and Data Protection across Worldwide Companies
An Increased Demand for the Data Exchange Platform Services
Lack of Awareness
The Rapid Development of the Internet of Things (IoT) and Other Innovative Technologies
Rapid Advancements in Big Data and Analytics Solutions
Years considered for this report:
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Extract from Table of Content:
Chapter 01 – Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Covid-19 Crisis Analysis on Global Data Exchange Platform Services Market
Chapter 05 – Global Data Exchange Platform Services Market – Pricing Analysis
Chapter 06 – Global Data Exchange Platform Services Market Background
Chapter 07 — Global Data Exchange Platform Services Market Segmentation
Chapter 08 – Key and Emerging Countries Analysis in Global Data Exchange Platform Services Market
Chapter 09 – Global Data Exchange Platform Services Market Structure Analysis
Chapter 10 – Global Data Exchange Platform Services Market Competitive Analysis
Chapter 11 – Assumptions and Acronyms
Chapter 12 – Research Methodology
What are the market factors that are explained in the Data Exchange Platform Services Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Questions Answered in the Report:
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