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The global data monetization market is expected to grow at a compound annual growth rate of 6.38% over the analyzed period to reach a market size of US$275.435 billion by 2027. The rapid adoption of digitization of businesses, increase in the volume of data generated, huge investments by key players, and increasing adoption of AI for data processing are driving the market growth. Moreover, increasing adoption of cloud technology across various regions is anticipated to drive the overall market growth during the forecast period. The governments of major countries are making efforts to increase the adoption of advanced technologies such as IoT, cloud computing, and AI which is projected to significantly contribute to market growth.