“Open Data refers to information that can be freely used, modified, and shared by anyone for any purpose. The information must have an open license and be provided in a convenient and modifiable form that is machine-readable. The open data market of the EU is growing rapidly and is expected to reach a value of 265-286 million euros by 2020, according to research from Capgemini Consulting. The sector that will benefit the most from Open Data is the public administration, which is estimated to have a total market share of € 83.5 billion by 2020. The consultancy also finds that the direct and indirect effects of Open Data will create an additional 100,000 jobs in the next five years.”
The report presents an in-depth assessment of the Global Open Data Market Research including Technologies, Landscape, Strategies, inventory management & Forecast information. This Report also covers economy influential factors, technological advancements, industry environment, and market dynamics.
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Top Key Players Covered in Open Data Market:
Data Market, DataStreamX, Knoema, LexisNexis, Google, AWS, Enigma, Quandle, Figshare, OSDC, OpenData, Free Base, XDayta, Big Data Exchange, Socrata, Accela, Palantir, Mapbox, Zillow, Weather.com. Big funders like the World Bank, Andreessen Horowitz, and the CIA
Due to these initiatives, open data sets are increasingly available to organizations and that promotes innovation and new solutions for (unknown) problems in the world. More and more private initiatives are also being launched. These Open Data Market collect public and private data sets for organizations. Visitors can buy the data sets or download them for free. On some websites, organizations can also sell their own data sets. Also, Google and Amazon are developing a large data market, either on a relatively small scale.
Key highlights of the global Open Data Market for the forecast years 2019-2027:
- Open Data Market report provides pin-point analysis for changing competitive dynamics
- It provides a forward-looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of Open Data market segments
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The Global Open Data Market is explained in terms analysis of the price as well as suppliers of devices and equipment to the IT Industry and their pricing, the labor cost, other costs sustained during manufacturing and its overall cost structure. The procedural data on the Global Open Data Market is given in terms of the commercial production dates and dimensions of the key manufacturers. The industry has been witnessing huge competitive edge and the players are indulging in business strategies such as merger & acquisition activities, contract collaborations, and partnerships to expand their roots in the global market.
A number of research tools such as Porter’s five forces analysis and SWOT analysis have been exercised to provide a precise understanding of this Open Data market. The report gives data on the technological progressions that are bound to happen in the upcoming years or are happening as of now. Additionally, the opportunities and challenges faced by the main players leading the Global Open Data Market have been recommended.
In This Study, The Years Considered To Estimate The Size Of Open Data Market Are As Follows:
- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
Table of Content:
Global Open Data Market Research Report
- Market Overview
- Competition Analysis by Players
- Company (Top Players) Profiles
- Open Data Market Size by Type and Application
- US Market Status and Outlook
- EU Development Market Status and Outlook
- Japan Market Development Status and Outlook
- China Market Status and Outlook
- India Open Data Market Status and Outlook
- Southeast Asia Market Status and Outlook
- Market Forecast by Region, Type, and Application
- Market Dynamics
- Open Data Market Effect Factor Analysis
- Research Finding/ Conclusion
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