What is a Data Marketplace?

A data marketplace is a digital platform on which data providers can publish product listings with a view to attracting inbound data demand.

A data marketplace is an online platform where organizations can buy, sell, or exchange data by listing datasets for commercial use. These platforms do not directly transfer the underlying data; instead, they provide listings that describe the available data, which remains stored and managed by the data provider.

Data marketplaces facilitate secure transactions, offering businesses a way to monetize their data or access external datasets for analytics and decision-making.

Prominent data marketplaces include Datarade, Snowflake Marketplace, Databricks Marketplace, and Google Cloud Analytics Hub, which support a wide range of industries and data types.

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Monda makes it easy to create data products, publish a data storefront, integrate with data marketplaces, and manage data demand - data monetization made simple.

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