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data marketplace (data market)

Contributor(s): Matthew Haughn

A data marketplace or data market is an online store where people can buy data.

Data marketplaces typically offer various types of data for different markets and from different sources. Common types of data sold include business intelligence, advertising, demographics, personal information, research and market data. Data types can be mixed and structured in a variety of ways. Data vendors may offer data in specific formats for individual clients.

Data sold in these marketplaces is used by businesses of all kinds, government, business and market intelligence agencies and many types of analysts.  Data marketplaces have proliferated with the growth of big data, as the amount of data collected by governments, businesses, websites and services has increased and all that data has become increasingly recognized as an asset. Data marketplaces are often integrated with cloud services.

According to Edd Dumbill, an analyst for O’Reilly Radar, the history of data markets goes back to the mid-1800s, when Paul Reuter, founder of Reuters news media, began making stock exchange prices available between Paris and London.

Examples of data markets include Microsoft's Azure Data Market, Salesforce.com's data.com, InfoChimps.com and DataMarket.com.

See an introduction to the Azure Data Market:

This was last updated in April 2015

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With the advent of more advanced data applications that are both consuming and producing new types of data, there seems to be a resurgence of the data marketplace. Marketplace go beyond just personal information now. Here is a list of some that are active now.

Cross Industry Data
http://www.datastreamx.com – Includes both streaming and non-streaming data
http://www.qdatum.io – A Microsoft Ventures’ company
http://www.dawex.com – Pre-Launch
https://datamarket.azure.com/bro...– Old hat, many data set outdated and not live when subscribed

Financial
http://www.quandl.com
http://www.xignite.com

Customer Profiles / Contact Lists
eXelate – Now a Nielsen company
http://www.bigdataexchange.com – Now BDEX
xDayta: Lead Marketplace & List Marketplace.

API Marketplace
Mashape - Free API Management Platform & Marketplace – may include some data providers, focus on applications
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