The governments are ensuring the data brokers register themselves to increase accountability.
For e.g., California Delete Act (SB 362), passed in 2023, strengthens consumer privacy by requiring data brokers to register with the state and mandating they delete consumer personal information upon request.
Digitalization, Internet of Things (IoT) penetration, government regulations are some of the key factors fuelling the market growth and consolidation by key market players.
Region | 2025 | 2026 | 2031 | CAGR (2026 -2031) |
North America | 177.4 | 186.7 | 239.6 | 5.1% |
South America | 26.0 | 28.3 | 42.0 | 8.2% |
Europe | 106.0 | 112.4 | 154.3 | 6.5% |
Middle East and Africa | 23.8 | 24.2 | 31.5 | 5.5% |
Asia Pacific | 99.5 | 112.9 | 189.1 | 10.9% |
Source: Knowledge Sourcing Intelligence
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Global Data Broker Market - Strategic Insights and Forecasts (2026-2031)
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