Alternative Data Market 2025 Challenges, Import Export Consumption,...

Alternative Data Market 2025 Challenges, Import Export Consumption, Demand and Forecast 2030

Postado 2024-12-03 07:08:14

Alternative Data Industry

The global alternative data market size is anticipated to reach USD 135.72 billion in 2030 and is projected to grow at a CAGR of 63.4% from 2025 to 2030. The increasing emphasis on gaining alpha from hedge funds is expected to boost the demand for alternative data. The asset managers from hedge funds, mutual funds, private equity funds, pension funds, unit trusts, life insurance companies, and other BFSI entities are highly inclined to use alternative data to derive predictive insights. Moreover, the use of alternative data for risk management processes is also expected to drive market growth.

Nowadays, data sources are not limited to transactions, and email receipts as companies are finding ways to extract data from various emerging sources. These include social media, web traffic, mobile devices, sensors, IoT-based devices, satellites, and e-commerce portals. The data analysts utilize this data in correlation with each other to derive various hidden patterns and insights. However, the data collected from some of these sources conflict with privacy regulations such as the California Consumer Privacy Act (CCPA) and the General Data Protection Regulation (GDPR). Thus, the data aggregators and end-users need regulatory compliance, which ensures their datasets are free from Personal Identifiable Information (PII).

North America dominated the market and accounted for a revenue share of more than 58% in 2022. The region is estimated to continue its dominance over the forecast period from 2023 to 2030. The emerging presence of numerous alternative data providers in the U.S is the major driving factor. Companies such as Advan, Eagle Alpha, M Science, and YipitData are providing various types of alternative data, including credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile usage, satellite, weather data, social and sentiment data, and web scraped data. The acquisitions and partnership initiatives from companies such as Nasdaq and S&P Global Platts is further expected to fuel regional market growth.

Gather more insights about the market drivers, restrains and growth of the Global Alternative Data market

Alternative Data Market Segments Highlights:

Amidst the coronavirus pandemic, the companies are using alternative data collected from social media, mobile phones, applications, wearables, and other IoT-based devices to assess changes in consumer behavior patterns related to purchases and interests
Based on end users, the industry is divided into hedge fund operators, investment institutions, retail companies, and other end users. The hedge fund operators segment dominated the market in terms of revenue with a revenue share of 68.0% in 2024.
In the BFSI sector, fraudulent activities such as identity theft, money laundering, and unauthorized transactions pose significant threats
North America held a significant share of around 56.8% in 2024 and is anticipated to maintain its dominance over the forecast period.
The Asia Pacific region is expected to emerge as one of the fastest-growing regional markets because of the increasing use of data-driven research by investors. The regional market is anticipated to open significant growth opportunities for companies from emerging economies, such as India, Singapore, Thailand, and China.

Alternative Data Market Report Segmentation

Grand View Research has segmented the global alternative data market based on data type, industry, end use, and region:

Alternative Data Type Outlook (Revenue, USD Billion, 2017 - 2030)