The article cited AMA's Global Data Marketplaces Market Study explored substantial growth with CAGR of 6.6%. According the report, Integration of Advanced Technologies like Machine Learning and Blockchain is one of the primary growth factors for the market. Increasing Speed of Volume, Variety, and Velocity of Big Data is also expected to contribute significantly to the Data Marketplaces market. Overall, Business Intelligence applications of Data Marketplaces, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Data Marketplaces market identified that the demand is rising in many different parts of the world as "Growing Preference of Cloud-based Data Marketplaces". Furthermore, some recent industry insights like "In May 2021, Nokia launched Nokia Data Marketplace as-a-service for secure data trading and AI models. It provides enterprises and communications service providers to access a large number of datasets and enables become data marketplace providers themselves. The launch of a new service ensures trusted data exchange and authorization mechanisms." is constantly making the industry dynamic. One of the challenges that industry facing is "Trouble in Finding Accessible Data Sets"

The Vertical, such as BFSI, is boosting the Data Marketplaces market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Enterprise Size, such as Small & Medium Enterprises, is boosting the Data Marketplaces market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Data Marketplaces market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Data Marketplaces market and other related sub-markets covered in the study.

o Key & emerging players in the Data Marketplaces market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Data Marketplaces market size is calculated using market estimation process, the Data Marketplaces market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Data Marketplaces market size has been validated using both top-down and bottom-up approaches.