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Data Trading and Monetization: Challenges and Open Research Directions

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Published:13 May 2024Publication History

ABSTRACT

Traditional data monetization approaches face challenges related to data protection and logistics. In response, digital data marketplaces have emerged as intermediaries simplifying data transactions. Despite the growing establishment and acceptance of digital data marketplaces, significant challenges hinder efficient data trading. As a result, few companies can derive tangible value from their data, leading to missed opportunities in understanding customers, pricing decisions, and fraud prevention. In this paper, we explore both technical and organizational challenges affecting data monetization. Moreover, we identify areas in need of further research, aiming to expand the boundaries of current knowledge by emphasizing where research is currently limited or lacking.

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  • Published in

    cover image ACM Other conferences
    ICFNDS '23: Proceedings of the 7th International Conference on Future Networks and Distributed Systems
    December 2023
    808 pages
    ISBN:9798400709036
    DOI:10.1145/3644713

    Copyright © 2023 Owner/Author

    This work is licensed under a Creative Commons Attribution International 4.0 License.

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    Association for Computing Machinery

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    • Published: 13 May 2024

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