How big is the alternative data market?

The global alternative data market size was estimated at USD 11.65 billion in 2024 and is expected to reach USD 18.74 billion in 2025.

What is the alternative data market growth?

The global alternative data market is expected to grow at a compound annual growth rate of 63.4% from 2025 to 2030 to reach USD 135.72 billion by 2030.

Which segment accounted for the largest alternative data market share?

North America dominated the alternative data market with a share of over 56% in 2024. This is attributable to the presence of numerous players such as Advan, Dataminr, Eagle Alpha, M Science, and UBS Evidence Lab in the region.

Who are the key players in the alternative data market?

Some key players operating in the alternative data market include 1010Data, Advan, Dataminr, Earnest Research, M Science, Preqin, RavenPack, Thinknum Alternative Data, UBS Evidence Lab, and YipitData.

What are the factors driving the alternative data market?

Key factors that are driving the alternative data market growth include a significant increase in the types of alternative data sources over the last decade and rising demand for alternative data among hedge fund managers to gain alpha.