Tabb: Firms Spend $25 Billion on Content, $3.1 Billion on Data Tech in 2013
Of that $25 billion, $12 billion was spent on real-time data (including over $660 million on low-latency datafeeds, $4.34 billion on consolidated feeds, and just over $10 billion on real-time displays), Tabb estimates.
According to the research, market participants worldwide spent an additional $3.1 billion on related market data infrastructure technologies over the same period.
The report assesses the complexity and cost of accessing global market data amid an “explosion” of new data sources
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