South & Central America Alternative Data Market Forecast to 2030

South & Central America Alternative Data Market Forecast to 2030

South & Central America 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)

Send Enquiry
Item ID: BMIRE00029615 Category: Tag:

$2,485 – $3,885

Description

The South & Central America alternative data market was valued at US$ 78.85 million in 2022 and is expected to reach US$ 1,171.73 million by 2030; it is estimated to grow at a CAGR of 40.1% from 2022 to 2030.

Shift Towards Artificial Intelligence Fuels the South & Central America Alternative Data Market

The dawn of AI has changed the way businesses work. By leveraging AI, businesses can predict and extract insights from unstructured data formats and gather actionable information. The predictive analysis by AI helps businesses grow, acting as an opportunity for business growth. Therefore, there is a growing adoption of AI by businesses due to its benefits. For instance, according to Our World in Data, the yearly global corporate investment in artificial intelligence was US$ 153.63 billion in 2020, which increased to US$ 175.54 billion in 2022. Moreover, the use of AI for alternative data can fuel the adoption of alternative data by several market players across various industries as the AI can help to provide better predictive insights. For instance, according to a survey by Market Makers, a hedge fund services provider, 9 out of 10 hedge fund traders are expected to use artificial intelligence to achieve portfolio returns in 2023. Alternative data from various unstructured data sources can help businesses efficiently with enhanced state-of-art portfolio management and risk evaluation for better business decision-making. Therefore, the use of AI for processing alternative data is expected to create lucrative opportunities for alternative data market growth during the forecast period.

South & Central America Alternative Data Market Overview

The South & Central America alternative data market is segmented into Brazil, Argentina, and the Rest of South & Central America. Due to the rising digitalization in Brazil, Argentina, Colombia, Chile, El Salvador, Guatemala, and Peru, the region has become a major contributor to the South & Central America alternative data market. The growing urbanization, increasing deployment of advanced technologies in industries, and improving economic conditions are the prominent factors propelling the demand for IoT solutions, which, in turn, also contribute to a huge volume of data. This factor further boosts the demand for alternative data in the region.

South & Central America Alternative Data Market Revenue and Forecast to 2030 (US$ Mn)

South & Central America Alternative Data Market Segmentation

The South & Central America alternative data market is segmented into data type, industry, and country.

Based on data type, the South & Central America 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 South & Central America 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 South & Central America alternative data market is segmented to Brazil, Argentina, and the Rest of South & Central America. Brazil dominated the South & Central America alternative data market share in 2022.

Dataminr Inc, Eagle Alpha Ltd, FactSet Research Systems Inc, Preqin Ltd, and Refinitiv Ltd are some of the leading companies operating in the South & Central America alternative data market.

Summary Info

Industry:

Pricing options:

, ,

Geographical coverage:

,

Year of Publication:

At 40.1% CAGR, the South & Central America Alternative Data Market is Speculated to be Worth US$ 1,171.73 million by 2030, says The Research Team

According to The Research Team’ research, the South & Central America alternative data market was valued at US$ 78.85 million in 2022 and is expected to reach US$ 1,171.73 million by 2030, registering a CAGR of 40.1% from 2022 to 2030. Rising e-commerce industry, increasing demand from hedge funds, and growing digitalization are the critical factors attributed to the South & Central America alternative data market expansion.

The Internet of Things (IoT), big data, and machine learning generate massive amounts of data, require low latency processing, and demand localized computing resources. IoT devices are expected to surpass US$ 15 billion in 2023, a 55% increase from 2020. According to IoTExpress Technologies Pvt. Ltd., these devices are expected to generate 79.4 zettabytes (ZB) of data in 2025. IoT generates a huge amount of data that must be processed, stored, and analyzed in real time. IoT devices are becoming increasingly prevalent, connecting various physical objects, and enabling data collection and communication. It generates vast amounts of data that need to be processed, analyzed, and acted upon in real time. The integration of machine learning in the IoT sensor helps collect data, process it, and analyze it to bring out actionable insights from alternative data sources. Big data and machine learning help generate predictive analysis and provide enhanced and actionable insights to the enterprises from the alternative data, which helps the enterprises to grow their revenue. Hence, companies are strategically investing in bringing solutions to simplify the alternative dataset in a reliable, timely, and efficient manner. For instance, in April 2022, Exabel and Eagle Alpha announced their strategic partnership to evaluate multiple new alternative datasets. Through this partnership, the investment team can use the Exabel Platform to effectively discover and test the sample alternative data preloaded into the platform by Eagle Alpha from its extensive data catalog. Thus, the advent of IoT, big data, and machine learning is expected to simplify the data processing and analysis for alternative data sources, further leading to alternative data market growth.

On the contrary, regulatory concerns and data security issues hampers on the growth of South & Central America alternative data market.

Based on data type, the South & Central America 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 28.9% market share in 2022, amassing US$ 22.82 million. It is projected to garner US$ 395.38 million by 2030 to expand at 42.8% CAGR during 2022-2030.

Based on industry, the South & Central America alternative data market is segmented into automotive, BFSI, energy industrial, IT and telecommunications, media & entertainment, and others. The BFSI segment held 26.6% share of South & Central America alternative data market in 2022, amassing US$ 20.95 million. It is projected to garner US$ 358.13 million by 2030 to expand at 42.6% CAGR during 2022-2030.

Based on country, the South & Central America alternative data market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that Brazil captured 55.1% share of South & Central America alternative data market in 2022. It was assessed at US$ 43.45 million in 2022 and is likely to hit US$ 696.12 million by 2030, exhibiting a CAGR of 41.4% during 2022-2030.

Key players operating in the South & Central America alternative data market are Dataminr Inc, Eagle Alpha Ltd, FactSet Research Systems Inc, Preqin Ltd, and Refinitiv Ltd, 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 South & Central America 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 South & Central America 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 South & Central America 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. South & Central America 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. South & Central America Alternative Data Market – Key Industry Dynamics
5.1 South & Central America 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 – South & Central America Market Analysis
6.1 South & Central America Alternative Data Market Revenue (US$ Million), 2022 – 2030
6.2 South & Central America Alternative Data Market Forecast and Analysis
7. South & Central America 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. South & Central America 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. South & Central America Alternative Data Market – Country Analysis
9.1 Overview
9.1.1 South & Central America Alternative Data Market Revenue and Forecasts and Analysis – By Countries
9.1.1.1 Brazil: South & Central America Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.1.1 Brazil: South & Central America Alternative Data Market Breakdown by Data Type
9.1.1.1.2 Brazil: South & Central America Alternative Data Market Breakdown by Industry
9.1.1.2 Argentina: South & Central America Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.2.1 Argentina: South & Central America Alternative Data Market Breakdown by Data Type
9.1.1.2.2 Argentina: South & Central America Alternative Data Market Breakdown by Industry
9.1.1.3 Rest of South & Central America: South & Central America Alternative Data Market Revenue and Forecasts to 2030 (US$ Mn)
9.1.1.3.1 Rest of South & Central America: South & Central America Alternative Data Market Breakdown by Data Type
9.1.1.3.2 Rest of South & Central America: South & Central America 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
13. Appendix
13.1 About The Research Team
13.2 Word Index

LIST OF TABLES

Table 1. South & Central America Alternative Data Market Segmentation
Table 2. South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Million)
Table 3. South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Million) – Data Type
Table 4. South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Million) – Industry
Table 5. South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Country
Table 6. Brazil: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 7. Brazil: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 8. Argentina: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 9. Argentina: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 10. Rest of South & Central America: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Data Type
Table 11. Rest of South & Central America: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn) – By Industry
Table 12. Heat Map Analysis By Key Players
Table 13. List of Abbreviation

LIST OF FIGURES

Figure 1. South & Central America Alternative Data Market Segmentation, By Country
Figure 2. PEST Analysis
Figure 3. Ecosystem: South & Central America Alternative Data Market
Figure 4. Impact Analysis of Drivers and Restraints
Figure 5. South & Central America Alternative Data Market Breakdown by Country, 2022 and 2030 (%)
Figure 6. South & Central America Alternative Data Market Revenue (US$ Million), 2022 – 2030
Figure 7. South & Central America 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. South & Central America 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. South & Central America Alternative Data Market , by Key Country-Revenue (2022)(US$ Mn)
Figure 22. South & Central America Alternative Data Market Breakdown by Key Countries, 2022 and 2030 (%)
Figure 23. Brazil: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 24. Argentina: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 25. Rest of South & Central America: South & Central America Alternative Data Market Revenue and Forecasts To 2030 (US$ Mn)
Figure 26. Company Positioning & Concentration

The List of Companies – South & Central America Alternative Data Market

1. Dataminr Inc
2. Eagle Alpha Ltd
3. FactSet Research Systems Inc
4. Preqin Ltd
5. Refinitiv Ltd

Reviews

There are no reviews yet.

Be the first to review “South & Central America Alternative Data Market Forecast to 2030”