[WEBINAR] Application Acceleration: Faster Performance for End Users

Data Marketplace

Definition - What does Data Marketplace mean?

A data marketplace is a specific venue created for the buying and selling of data. This idea relies in large part on the rapid advance of technology, which has results in a data-rich environment where enormous amounts of data are routinely collected by many different parties.

As it became clear that these data assets could be bought and sold, data marketplaces emerged.

Techopedia explains Data Marketplace

Features of data marketplaces involve setups that allow for the purchase of specific types of data in specific formats.

Selling data in a particular format helps make them more usable to the buyer. Although many types of data can be bought and sold via data marketplaces, some common types of data marketplaces involve selling information about consumers, demographic data, personal data, or a mix of both.

Critics of this kind of data commerce have raised the question of how much of the commercial data is fairly and transparently collected, and whether there can be full oversight for these markets.

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
"Techopedia" on Twitter

Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Free Whitepaper: The Path to Hybrid Cloud
Free Whitepaper: The Path to Hybrid Cloud:
The Path to Hybrid Cloud: Intelligent Bursting To Amazon Web Services & Microsoft Azure
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.