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How big is the data market | Industry Outlook, Size & Forecast to 2025

Code: MTA5775 Publication Date: Jul 2025

What is the Data Market Size?

According to ÂÌñÉç internal database and industry insights, Global Data market was valued at USD 285 billion in 2024 and is anticipated to exceed USD 470 billion by 2031, registering a steady at a CAGR of 7.5% during the forecast period.

This market is witnessing robust growth due to the rising demand for actionable consumer and business data across sectors. It is primarily driven by the growing emphasis on data-driven decision-making, the expansion of digital marketing strategies, and the widespread use of mobile and online platforms that generate vast volumes of user data. Additionally, the rise of AI and predictive analytics and increasing third-party data utilization further fuel market expansion.

Major Growth Factors of the Data Market

  • Rising demand for targeted advertising
  • Increasing use of third-party data across industries
  • Advancements in AI and data analytics
  • Expansion of e-commerce and digital platforms
  • Growth in location-based and behavioural data usage
  • Surging mobile and internet penetration
  • Emergence of real-time data services
  • Higher reliance on customer intelligence tools

Data Market Trends

The data broker market is experiencing significant traction in real-time data solutions and privacy-compliant data acquisition practices. There is an increasing push towards ethical data sourcing and the use of blockchain for transparent transactions. Companies are leveraging advanced analytics to offer more personalized and predictive data sets, while sectors like finance, retail, and healthcare are enhancing customer segmentation through brokered insights.

Emerging Developments in the Data Market

The data broker market is evolving rapidly with the launch of consent-based and decentralized data exchange platforms. The growing focus on privacy regulations like GDPR and CCPA is encouraging innovation in data compliance tools. Moreover, strategic collaborations between data providers and AI platforms are enabling broader access to enriched, real-time datasets that power automation, advertising, and personalization at scale.

Major Companies in the Data Market

  • Experian
  • Acxiom LLC
  • Equifax
  • Oracle Corporation
  • CoreLogic
  • Nielsen Holdings
  • Intelius LLC
  • Thoma Bravo (ID Analytics)
How big is the data market : FAQs
The data broker market was valued at approximately USD 285 billion in 2024 and is projected to reach around USD 470 billion by 2031.
The data broker market is anticipated to grow at a CAGR of 7.5% during the forecast period.
Key trends of data broker market include the shift to ethical and privacy-compliant data sourcing, growth of real-time data services, and AI-driven personalization.
The data broker market is driven by the growing use of customer intelligence, data-driven business strategies, and the rise of digital marketing platforms.
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