IDC specialists claim that WWW provided users with access to 33 ZB of information in 2018. This data amount will probably hit 175 ZB by 2025. So, it permanently becomes harder to process all that information for companies worldwide to stay competitive. That’s why, presently, enterprises widely employ web scraper services. Usually, business owners resort to data extraction to grow their income or do research. Web scraping can be used not only as a tool, though.
Experts believe that you may create full-fledged businesses around mining information. However, entrepreneurs should contact trustworthy online platforms (such as nannostomus.com) to extract data from websites sans any problems with the law in this case. That’s because of copyright, use terms of each separate site, etc. So, what business may be launched by using web mining?
Service Platforms Based on Data Scraping
More and more people worldwide use the internet for different purposes. The time spent by users in WWW also constantly grows. For instance, Pew Research Center states that about 31% of US citizens regularly surf the web nowadays. Moreover, eMarketer claims that approximately 2.14 bln people across the world shopped mostly online in 2021. And a huge part of those purchases was about service buys. So, it’s incredibly profitable to sell favors today.
Competitor Tracking Services
This branch appeared relatively recently. Today’s market offers platforms that can track a certain company indicator. But currently, few internet sources propose comprehensive rival analysis. That opens wide business opportunities. So, you may create a website that would track social media updates, incomes, and failures of competitors simultaneously.
Social Listening Platform Based on Data Mining
Such sites are incredibly popular among business holders worldwide. That’s because they enable tracking Facebook, Instagram, etc., users’ current interests. Numerous companies across the world are ready to pay any price to obtain such information. And it’s you who may gain that money by selling social listening services based on web scraping.
Online News Generator
Numerous occasions happen each minute in today’s world. They are accidents, natural disasters, car crashes, inflation, and so on. Such instances influence businesses significantly. That’s why every entrepreneur strives to get tidings about different occasions as soon as possible. For example, the following kinds of businesses use news generators:
- brokerage as well as investment companies;
- betting shops and gambling establishments (online along with fixed ones);
- light manufacturing as well as heavy industry factories;
- banking institutions (private or national ones);
- ordinary newspapers and huge media holdings;
- design as well as construction companies;
- public institutions (local and nationwide).
News generation is a really lucrative business. E.g., one of the most famous generators, Dailyhunt, was launched in 2010 and was estimated at about $3 bln in August 2021 by Automatio.
Jobs Board Based on Web Scraping
GVR said the global human management market was nearly $19.38 bln in 2020. And it’s projected to have a CAGR of almost 13% by 2030. But let’s look at particular real-life examples. E.g., Key Values was created in 2017. And already in 2021, the platform earned about $350 thousand annually. Doesn’t such a case show you how profitable the specified branch is?
Is It Worth Mining eGaming and Sports Betting Data?
By Truelist, the US gamesters alone spent more than $60 bln purchasing games in 2021. Moreover, the eGaming branch got over $26 billion in 2022. Also, 932 million games were worldwide as of 2021. So, making websites that publish gaming reviews and offer around-gaming content by employing web scraping is a great idea nowadays. Sites like GameSpot or PC Gamer have up to 80+ mln visitors monthly according to automatio.oo. And experts expect that this number will permanently grow.
Under Data Bridge Market Research, the sports betting market currently has a CAGR of 9.2%. Thus, creating a site with tips on making stakes, various strategies explanations, and relevant news publishing is quite a short way to become rich presently. This is especially true if you’ll add fresh and verified sports statistics to daily publications. And web scraping would be an indispensable assistant in this case.
Summary
Data mining is not solely a tool that would help improve your existing enterprise efficiency but also a way to create an independent business. You may extract information from websites to provide online consumers with helpful content, statistics, or news. Furthermore, web scraping would assist in maintaining gaming review platforms. It’s better to order data mining services by contacting reputable companies, like Nannostomus, to avoid problems with the law.
