Press release
Data Monetization Solutions For Life Science Companies Global Market will Exceed $0.86 Billion By 2028 with a Projected CAGR of 19.7% | Siemens, Salesforce Inc., Cognizant, Infosys Limited
Data Monetization Solutions For Life Science Companies Market
As per the report, the data monetization solutions for life science companies market size has grown rapidly in recent years. It will grow from $0.35 billion in 2023 to $0.42 billion in 2024 at a compound annual growth rate (CAGR) of 19.6%. The data monetization solutions for life science companies market size is expected to see rapid growth in the next few years. It will grow to $0.86 billion in 2028 at a compound annual growth rate (CAGR) of 19.7%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15783&type=smp
Advancing Personalized Medicine Driving Growth in Data Monetization Solutions
The shift towards personalized medicine in the life sciences industry is expected to propel the growth of data monetization solutions for the life science companies' market going forward. The personalized medicine in the life sciences industry refers to tailoring medical treatments to individual genetic, environmental, and lifestyle factors for more effective and targeted healthcare. The shift towards personalized medicine generates the need to analyze vast patient data, driving demand for advanced data analytics and monetization solutions for life science companies. For instance, in February 2024, according to a report published by the Personalized Medicine Coalition, a US-based organization, in 2023, the FDA approved 16 new personalized treatments for rare disease patients, up from six in 2022. Therefore, the shift towards personalized medicine in the life sciences industry is driving the growth of data monetization solutions for life science companies' markets.
AI Integration Revolutionizing Data Monetization Solutions for Life Science Companies
Major companies operating in the data monetization solutions for the life science companies' market focus on integrating artificial intelligence, such as AI algorithms and technologies, to extract actionable insights, optimize processes, and unlock the value of data assets. Artificial intelligence integration helps automate data analysis tasks, predictive modeling, and decision-making, leading to enhanced efficiency, improved research outcomes, and the development of innovative products and services in the life sciences sectors. For instance, in May 2023, Microsoft, a US-based technology provider, launched Microsoft Fabric, a unified analytics AI platform that combines all the data and analytics tools that help life science companies save time by analyzing complex sets of disconnected, multimodal health data sources such as text, images, video. The Microsoft Fabric is an AI integration with Microsoft Cloud that provides a secure and governed way for life science companies to access, analyze, and visualize data-driven insights across their organization.
The data monetization solutions for life science companies market covered in this report is segmented -
1) By Type: Software, Services
2) By Data Type: Clinical Data, Genomic Data, Real-World Evidence, Patient-Generated Health Data
3) By Enterprise Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Drug Discovery, Clinical Trial Optimization, Patient Engagement, Health Outcomes Research
5) By End-User: Pharmaceutical Companies, Biotechnology Firms, Contract Research Organizations, Healthcare Providers
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=15783&type=discount
Major companies operating in the data monetization solutions for life science companies market are Google, Microsoft, Amazon Web Services (AWS), Siemens, International Business Machines Corporation, Deloitte, Cisco Systems, Ernst & Young, Oracle, SAP, Salesforce Inc., Cognizant, Infosys Limited, Labcorp Drug Development, IQVIA, ICON plc, Syneos Health, PRA Health Sciences, Snowflake Inc., Veeva Systems, Medidata Solution, Particle Health Inc., Parexel
Contents of the report:
1. Executive Summary
2. Data Monetization Solutions For Life Science Companies Market Report Structure
3. Data Monetization Solutions For Life Science Companies Market Trends And Strategies
4. Data Monetization Solutions For Life Science Companies Market - Macro Economic Scenario
5. Data Monetization Solutions For Life Science Companies Market Size And Growth
…..
27. Data Monetization Solutions For Life Science Companies Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/data-monetization-solutions-for-life-science-companies-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Data Monetization Solutions For Life Science Companies Global Market will Exceed $0.86 Billion By 2028 with a Projected CAGR of 19.7% | Siemens, Salesforce Inc., Cognizant, Infosys Limited here
News-ID: 3582616 • Views: …
More Releases from The Business research company
Payment Card Skimming Market Growth Rate, Top Trends, Industry Report 2033
The new report published by The Business Research Company, titled Payment Card Skimming Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the payment card skimming market size has grown rapidly in recent years. It will grow from $3.16 billion…
Telestroke Services Market Size, Share Analysis, Trends, Growth And Forecast To …
The new report published by The Business Research Company, titled Telestroke Services Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the telestroke market size has grown rapidly in recent years. It will grow from $1.47 billion in 2023 to…
Skim Yogurt Market Size, Industry Opportunities, Strategies, Overview 2033
The new report published by The Business Research Company, titled Skim Yogurt Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the skim yogurt market size has grown rapidly in recent years. It will grow from $5.66 billion in 2023…
Ready-To-Drink (RTD) Coffee Beverage Market Share, Trends, Analysis And Growth F …
The new report published by The Business Research Company, titled Ready-To-Drink (RTD) Coffee Beverage Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the ready-to-drink (RTD) coffee beverage market size has grown strongly in recent years. It will grow from…
More Releases for Data
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Global Data Analytics Outsourcing Market |data analytics outsourcing, big data o …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Global Data Analytics Outsourcing Market “
The report on data analytics outsourcing market provides analysis for the period 2016 – 2026, wherein 2018 to 2026 is the forecast period and 2017 is the base year. The report covers major trends and technologies playing…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
Data Quality and Data Governance Solution Market - Demand For Cost-Effective Dat …
In the enterprise data management ecosystem, data quality is a broad term which refers to the quality, integrity, and consistency of data and/or process etc. Data quality also implies the degree of data accuracy and consistency. On the other hand, data governance focusses on the management of data assets by assigning authority, control, and responsibility of data and encompasses three key areas: people, process, and technology.
Data quality and data governance…
