Europe Alternative Data Market Forecast to 2030

Europe Alternative Data Market Forecast to 2030

Europe Alternative Data Market Forecast to 2030 – Regional Analysis – by Data Type [Credit and Debit Card Transactions, Email Receipts, Geo-location (Foot Traffic) Records, Mobile Application Usage, Satellite and Weather Data, and Others] and Industry (Automotive, BFSI, Energy Industrial, IT and Telecommunications, Media and Entertainment, and Others)

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Description

The Europe alternative data market was valued at US$ 1,457.68 million in 2022 and is expected to reach US$ 43,635.22 million by 2030; it is estimated to grow at a CAGR of 52.9% from 2022 to 2030.

Growing Digitalization Fuels the Europe Alternative Data Market

The adoption of digital technologies helps businesses increase the overall efficiency of all operations, reduce operational costs, and minimize human errors. In addition, it has the potential to provide broader and more sustainable growth by stimulating innovation, generating efficiencies, and improving services. It is also an important tool in helping countries recover from the COVID-19 pandemic that had disrupted economies and societies globally. The growing digitalization generates a large amount of data from unconventional and nontraditional sources that provides additional insights into traditional sources. This is propelling the demand for alternative data by several market players to boost their business growth. Alternative data helps businesses reduce costs, improve efficiency, and increase productivity by gaining a competitive edge, uncovering hidden patterns, and predicting future trends. Therefore, the growing digitalization is fueling the Europe alternative data market growth.

Europe Alternative Data Market Overview

In Europe, industries such as BFSI, IT & telecom, and manufacturing are achieving sustainability goals by implementing cloud computing, IoT, edge computing, AI, and other digital technologies. The European Union supports the development of several technological solutions in Europe with research and innovation actions under the Horizon 2020 Programme. European Union-funded projects accelerate the adoption of digital solutions among businesses to foster their business growth. In addition, in February 2022, the European Commission proposed the European Data Act to make more data available for use via the European Data Strategy. The availability of authentic and validated data helps enterprises across several industries such as BFSI, IT & telecom, and automotive, which creates a demand for alternative data. Thus, favorable government initiatives and a rise in digitization are the key factors enhancing the demand for alternative data in Europe, which further fuels the Europe alternative data market.

Europe Alternative Data Market Revenue and Forecast to 2030 (US$ Mn)

Europe Alternative Data Market Segmentation

The Europe alternative data market is segmented into data type, industry, and country.

Based on data type, the Europe alternative data market is segmented credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile application usage, satellite and weather data, and others. The credit and debit card transactions segment held the largest market share in 2022.

Based on industry, the Europe alternative data market is segmented into automotive, BFSI, energy industrial, IT and telecommunications, media & entertainment, and others. The BFSI segment held the largest market share in 2022.

Based on country, the Europe alternative data market is segmented to Germany, France, Italy, the UK, Russia, and the Rest of Europe. The UK dominated the Europe alternative data market share in 2022.

Dataminr Inc, Eagle Alpha Ltd, FactSet Research Systems Inc, Moody’s Analytics Inc, Preqin Ltd, RavenPack International SL, Refinitiv Ltd, and Visible Alpha LLC are some of the leading companies operating in the Europe alternative data market.

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At 52.9% CAGR, the Europe Alternative Data Market is Speculated to be Worth US$ 43,635.22 million by 2030, says The Research Team

According to The Research Team’ research, the Europe alternative data market was valued at US$ 1,457.68 million in 2022 and is expected to reach US$ 43,635.22 million by 2030, registering a CAGR of 52.9% from 2022 to 2030. Rising e-commerce industry, increasing demand from hedge funds, and growing digitalization are the critical factors attributed to the Europe alternative data market expansion.

Energy is considered one of the largest and fastest-growing industries. According to Exxon Mobil Corporation, the global energy demand will rise by ~15% in 2050 compared to 2021 due to population and prosperity. The rise in population will generate the demand for electric power, contributing to the growing need and demand from various end-use industries, such as commercial transportation, manufacturing, construction, and infrastructure. All these industries require electricity for workflow at some point. Energy companies can leverage the benefits of alternative data into their R&D, marketing, investment, risk analysis, and other key processes to fuel their business growth. It will help business managers and investors to make informed business decisions with the help of real-time business insights. The benefits of adopting digital solutions in the energy industry can further generate the demand for the use of alternative data. Therefore, the growing energy industry is anticipated to provide growth opportunities for the Europe alternative data market during the forecast period.

On the contrary, regulatory concerns and data security issues hampers on the growth of Europe alternative data market.

Based on data type, the Europe alternative data market is segmented credit and debit card transactions, email receipts, geo-location (foot traffic) records, mobile application usage, satellite and weather data, and others. The credit and debit card transactions segment held 25.9% market share in 2022, amassing US$ 378.17 million. It is projected to garner US$ 13,319.19 million by 2030 to expand at 56.1% CAGR during 2022-2030.

Based on industry, the Europe alternative data market is segmented into automotive, BFSI, energy industrial, IT and telecommunications, media & entertainment, and others. The BFSI segment held 25.4% share of Europe alternative data market in 2022, amassing US$ 370.14 million. It is projected to garner US$ 12,731.34 million by 2030 to expand at 55.6% CAGR during 2022-2030.

Based on country, the Europe alternative data market has been categorized into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Our regional analysis states that the UK captured 23.6% share of Europe alternative data market in 2022. It was assessed at US$ 343.43 million in 2022 and is likely to hit US$ 10,847.72 million by 2030, exhibiting a CAGR of 54.0% during 2022-2030.

Key players operating in the Europe alternative data market are Dataminr Inc, Eagle Alpha Ltd, FactSet Research Systems Inc, Moody’s Analytics Inc, Preqin Ltd, RavenPack International SL, Refinitiv Ltd, and Visible Alpha LLC, among others.

– In 2022, Dataminr launched its global partner ecosystem, the Dataminr Partner Program. The program dramatically expanded Dataminr’s customer reach across the corporate market while also financing better enterprise workflow integration and the tractability to procure Dataminr’s products through trusted partners.

o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe alternative data market.
o Highlights key business priorities in order to assist companies to realign their business strategies.
o The key findings and recommendations highlight crucial progressive industry trends in Europe alternative data market, thereby allowing players across the value chain to develop effective long-term strategies.
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
o Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
o Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

TABLE OF CONTENTS

1. Introduction
1.1 The Research Team Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Alternative Data Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Premium Insights
4.4.1 List of Alternative Data Suppliers
5. Europe Alternative Data Market – Key Industry Dynamics
5.1 Europe Alternative Data Market – Key Industry Dynamics
5.2 Market Drivers
5.2.1 Rising E-Commerce Industry
5.2.2 Increasing Demand from Hedge Funds
5.2.3 Growing Digitalization
5.3 Market Restraints
5.3.1 Regulatory Concerns
5.3.2 Data Security Issues
5.4 Market Opportunities
5.4.1 Shift Towards Artificial Intelligence
5.4.2 Growth of Energy Industry
5.5 Future Trends
5.5.1 Advent of IoT, Big Data, and Machine Learning
5.6 Impact of Drivers and Restraints:
6. Alternative Data Market – Europe Market Analysis
6.1 Europe Alternative Data Market Revenue (US$ Million), 2022 – 2030
6.2 Europe Alternative Data Market Forecast and Analysis
7. Europe Alternative Data Market Analysis – Data Type
7.1 Credit and Debit Card Transactions
7.1.1 Overview
7.1.2 Credit and Debit Card Transactions Market, Revenue and Forecast to 2030 (US$ Million)
7.2 Email Receipts
7.2.1 Overview
7.2.2 Email Receipts Market, Revenue and Forecast to 2030 (US$ Million)
7.3 Mobile Industry Usage
7.3.1 Overview
7.3.2 Mobile Industry Usage Market Revenue and Forecast to 2030 (US$ Million)
7.4 Satellite and Weather Data
7.4.1 Overview
7.4.2 Satellite and Weather Data Market Revenue and Forecast to 2030 (US$ Million)
7.5 Social and Sentiment Data
7.5.1 Overview
7.5.2 Social and Sentiment Data Market Revenue and Forecast to 2030 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others Market Revenue and Forecast to 2030 (US$ Million)
8. Europe Alternative Data Market Analysis – Industry
8.1 Automotive and Transportation
8.1.1 Overview
8.1.2 Automotive and Transportation Market Revenue, and Forecast to 2030 (US$ Million)
8.2 BFSI
8.2.1 Overview
8.2.2 BFSI Market Revenue, and Forecast to 2030 (US$ Million)
8.3 Retail
8.3.1 Overview
8.3.2 Retail Market Revenue, and Forecast to 2030 (US$ Million)
8.4 IT and Telecommunications
8.4.1 Overview
8.4.2 IT and Telecommunications Market Revenue, and Forecast to 2030 (US$ Million)
8.5 Media and Entertainment
8.5.1 Overview
8.5.2 Media and Entertainment Market Revenue, and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million)
9. Europe Alternative Data Market – Country Analysis
9.1 Overview
9.1.1 Europe Alternative Data Market Revenue and Forecasts and Analysis – By Country
9.1.1.1 Europe Alternative Data Market Revenue and Forecasts and Analysis – By Country
9.1.1.2 Germany: Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Germany: Europe Alternative Data Market Breakdown by Data Type
9.1.1.2.2 Germany: Europe Alternative Data Market Breakdown by Industry
9.1.1.3 France Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 France Europe Alternative Data Market Breakdown by Data Type
9.1.1.3.2 France Europe Alternative Data Market Breakdown by Industry
9.1.1.4 Italy: Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.4.1 Italy: Europe Alternative Data Market Breakdown by Data Type
9.1.1.4.2 Italy: Europe Alternative Data Market Breakdown by Industry
9.1.1.5 UK: Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.5.1 UK: Europe Alternative Data Market Breakdown by Data Type
9.1.1.5.2 UK: Europe Alternative Data Market Breakdown by Industry
9.1.1.6 Russia: Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.6.1 Russia: Europe Alternative Data Market Breakdown by Data Type
9.1.1.6.2 Russia: Europe Alternative Data Market Breakdown by Industry
9.1.1.7 Rest of Europe: Europe Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.7.1 Rest of Europe: Europe Alternative Data Market Breakdown by Data Type
9.1.1.7.2 Rest of Europe: Europe Alternative Data Market Breakdown by Industry
10. Competitive Landscape
10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. COMPANY PROFILES
12.1 Dataminr Inc
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 FactSet Research Systems Inc
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Preqin Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Refinitiv Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Eagle Alpha Ltd
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 RavenPack International SL
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Moody’s Analytics Inc
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Visible Alpha LLC
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About The Research Team
13.2 Word Index

LIST OF TABLES

Table 1. Europe Alternative Data Market Segmentation
Table 2. Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Million) – Data Type
Table 4. Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Million) – Industry
Table 5. Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 6. Germany: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 7. Germany: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 8. France Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 9. France Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 10. Italy: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 11. Italy: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 12. UK: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 13. UK: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 14. Russia: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 15. Russia: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 16. Rest of Europe: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 17. Rest of Europe: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 18. Heat Map Analysis By Key Players
Table 19. List of Abbreviation

LIST OF FIGURES

Figure 1. Europe Alternative Data Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: Europe Alternative Data Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. Europe Alternative Data Market Breakdown by Country, 2022 and 2030 (%)
Figure 6. Europe Alternative Data Market Revenue (US$ Million), 2022 – 2030
Figure 7. Europe Alternative Data Market Share (%) – Data Type, 2022 and 2030
Figure 8. Credit and Debit Card Transactions Market Revenue and Forecasts To 2030 (US$ Million)
Figure 9. Email Receipts Market Revenue and Forecasts To 2030 (US$ Million)
Figure 10. Mobile Industry Usage Market Revenue and Forecasts To 2030 (US$ Million)
Figure 11. Satellite and Weather Data Market Revenue and Forecasts To 2030 (US$ Million)
Figure 12. Social and Sentiment Data Market Revenue and Forecasts To 2030 (US$ Million)
Figure 13. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 14. Europe Alternative Data Market Share (%) – Industry, 2022 and 2030
Figure 15. Automotive and Transportation Market Revenue and Forecasts To 2030 (US$ Million)
Figure 16. BFSI Market Revenue and Forecasts To 2030 (US$ Million)
Figure 17. Retail Market Revenue and Forecasts To 2030 (US$ Million)
Figure 18. IT and Telecommunications Market Revenue and Forecasts To 2030 (US$ Million)
Figure 19. Media and Entertainment Market Revenue and Forecasts To 2030 (US$ Million)
Figure 20. Others Market Revenue and Forecasts To 2030 (US$ Million)
Figure 21. Europe Alternative Data Market, by Key Country-Revenue (2022)(US$ Mn)
Figure 22. Europe Alternative Data Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. Germany: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. France Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Italy: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. UK: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 27. Russia: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 28. Rest of Europe: Europe Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 29. Company Positioning & Concentration

The List of Companies – Europe Alternative Data Market

1. Dataminr Inc
2. Eagle Alpha Ltd
3. FactSet Research Systems Inc
4. Preqin Ltd
5. Refinitiv Ltd
6. Moody’s Analytics Inc
7. RavenPack International SL
8. Visible Alpha LLC

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