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| Title | UK Alternative Data Market Size, Share, Growth, Trends, Forecast, Report 2025-2033 |
|---|---|
| Category | Business --> Services |
| Meta Keywords | UK Alternative Data Market |
| Owner | Lakshaygagda |
| Description | |
| UK Alternative Data Market Overview Market Size in 2024: USD 293.16 Million According to the latest report by IMARC Group, the UK alternative data market size reached USD 293.16 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 4,439.56 Million by 2033, exhibiting a CAGR of 35.25% during 2025-2033. The market is driven by increased digitalisation, widespread adoption of open finance frameworks, rising demand for predictive analytics in finance and retail, and advancements in AI-driven tools. Market maturity, regulatory clarity, and data accessibility continue to attract institutional investment and innovation across sectors, enhancing the UK alternative data market share. UK Alternative Data Industry Trends and Drivers: The alternative data market in the UK has grown to be the largest market in Europe, largely because London is home to a majority of the hedge funds and institutional asset managers. Alternative datasets (e.g., satellite imagery, social media sentiment, geolocation foot traffic, etc.) are being integrated into "quantamental" investment strategies. Alphas based on corporate earnings announcements further in advance than normal have created interest in more obscure data sources among institutional investors. BFSI (Banking, Financial Services and Insurance) is the largest sector of the data consumer space, and hedge funds continue to account for over sixty percent of the total market. Starting in late 2025, Generative AI (GenAI) is the new primary growth driver for the market. GenAI allows companies to process unstructured textual information from news feeds and legal filings far faster than before. As a result, the market is shifting from simply collecting and processing information to generating predictive signals that can be readily integrated into high-frequency trading and long-term portfolio strategies. The Open Banking and Open Finance markets in the UK are more advanced than in many other markets in the world. Open banking is enabled at scale by high-frequency transactional data that has commercial uses. The regulatory supporting is pioneering in setting up a consent-based market, with the fastest growing and most valuable opportunity being credit card and debit card transactions. In addition to enabling investment companies and agencies to monitor retail sales in real time, the financial and lending sectors are increasingly using this data to reformulate credit scoring methods for the "credit invisible" population, while the retail and e-commerce sectors are using this information to hyper-personalize offers and make inventory forecasts to minimize waste. The implementation of Smart Data schemes in the energy and transport sectors (as mandated by the Data (Use and Access) Act 2025) is also expected to widen the range of datasets available, ensuring that the UK continues to be a global leader in data accessibility and standardization and the attraction of data vendors and fintechs. The UK's alternative data market is undergoing an important regulatory transformation. The UK Government has set out a targeted path for the alternative data market in the Data (Use and Access) Act 2025 (DUAA) through a modification of the UK GDPR, to enable data sharing while preserving consumer rights. This means that marketers need to pay more attention to the concept of data lineage and the ethical sourcing of data from sometimes controversial data sources such as psychometric tests or intrusive tracking through mobile applications. The Financial Conduct Authority (FCA) and Information Commissioner's Office (ICO) have ramped up their scrutiny of "privacy by design", forcing vendors to use new anonymization and encryption techniques. Though operational difficulties remain, including the high cost of data cleansing and the relative dearth of specialists who can connect raw data with inform investment decisions, data aggregation is becoming an industry-wide trend. For example, both the London Stock Exchange Group (LSEG) and BlackRock have acquired specialized data providers in order to integrate data offerings themselves, bridging public market data and proprietary alternative data. Download sample copy of the Report: https://www.imarcgroup.com/uk-alternative-data-market/requestsample UK Alternative Data Industry Segmentation: The report has segmented the market into the following categories: Data Type Insights:
Industry Insights:
End User Insights:
Regional Insights:
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization. Ask analyst for your customized sample: https://www.imarcgroup.com/request?type=report&id=38296&flag=C About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC’s offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. Contact Us: | |