It is estimated that 1.71 billion U.S. dollars will be spent on alternative data globally by buy-side firms in 2020. Alternative data is data used by investors to evaluate a company or investment outside of their traditional data sources, which include press releases, SEC filings, and financial statements. Some forms of alternative data include app usage, financial transactions, and geolocation data.
Total buy-side spend on alternative data worldwide from 2016 to 2020
(in million U.S. dollars)
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Total buy-side spend on alternative data worldwide from 2016 to 2020
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MarketWatch. (September 19, 2019). Total buy-side spend on alternative data worldwide from 2016 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved April 26, 2025, from https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/
MarketWatch. "Total buy-side spend on alternative data worldwide from 2016 to 2020 (in million U.S. dollars)." Chart. September 19, 2019. Statista. Accessed April 26, 2025. https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/
MarketWatch. (2019). Total buy-side spend on alternative data worldwide from 2016 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 26, 2025. https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/
MarketWatch. "Total Buy-side Spend on Alternative Data Worldwide from 2016 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Sep 2019, https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/
MarketWatch, Total buy-side spend on alternative data worldwide from 2016 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/ (last visited April 26, 2025)
Total buy-side spend on alternative data worldwide from 2016 to 2020 (in million U.S. dollars) [Graph], MarketWatch, September 19, 2019. [Online]. Available: https://www.statista.com/statistics/1112423/buy-side-spend-alternative-data-global/
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