Data fuels a modern enterprise. While there's no shortage of internal data (IDC expects that the amount of data created in 2023 will reach over 100ZB, one trillion gigabytes), near organizations besides need to turn to external data in lodge to execute a variety of business processes. For decades, information services companies and information brokers take provided much needed datasets to service these needs. In the by 10 years, many first-up companies accept looked at this market, working to fulfill the need for new areas of data and improve on the information gathering and transmitting processes. In addition, a growing number of companies from outside of the information service market are looking to monetize their data assets.

What'due south bachelor? Information technology seems the sky is the limit! IDC tracks more than 500 vendors working in this infinite. A sampling of them appear in our Data-equally-a-Service Market Glance.

In the data market, there are a wide variety of providers. Some position themselves for a specific employ case, function or manufacture while others effort to appeal to a wider variety of potential buyers. This information is nerveless with differing methods, from defended human researchers, to IoT, web-scraping and other technological tools. The datasets can also be exchanged in a diversity of means. Because of this heterogeneity, IDC chooses to use a taxonomy that groups data providers by what we telephone call a 'data domain' – grouped by the subject field that the dataset is about.

There'due south also a growing role for Data Marketplaces. While 19.7% of respondents in our most recent Data Buyers Survey said they purchase data straight from information providers, 31.v% make purchases via open or closed marketplaces. It is a space we at IDC are watching closely.

Acquire more nearly IDC'due south Information-equally-a-Service outlook, and read the consummate Market Glance document: