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Information Services Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Jan 2021
  • Pages: 120
  • SKU: IRTNTR46584
Technavio

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The information services market share is expected to increase by USD 50.34 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 8%.

This information services market research report extensively covers information services market segmentation by type (news syndicates and libraries & archives) and geography (APAC, North America, Europe, South America, and MEA). The information services market report also offers information on several market vendors, including AGS Corp., Bloomberg LP, FeedSyndicate LLC, ProQuest LLC, RELX Plc, Research Solutions Inc., S&P Global Inc., Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV among others.

What will the Information Services Market Size be During the Forecast Period?

Download the Free Report Sample to Unlock the Information Services Market Size for the Forecast Period and Other Important Statistics

 

Information Services Market: Key Drivers, Trends, and Challenges

The use of information services for risk management is notably driving the information services market growth, although factors such as the threat of data misappropriation, theft, and cybersecurity may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the information services industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Information Services Market Driver

Use of information services for risk management in this era of globalization, enterprises are focusing on expanding their presence in both domestic and international markets. Information services help organizations mitigate and effectively handle these risks by providing updated data points about the market in which the companies operate, competitor strategies, technology adoption, and others. Information tools are developed by individuals who have substantial industry expertise and can help organizations manage as well as reduce their business risks. Organizations facing business risks are adopting information services to manage external and internal factors, driving the information services market growth.

Key Information Services Market Trend

The emergence of AI in information management is another factor supporting the information services market share growth. Several enterprises across the world are integrating AI to develop and exploit data from information services. Integrating AI in information services helps automate several processes and enhances process efficiency. Besides, in enterprises, half of the employees spend time doing paperwork. This reduces the overall ROI of enterprises and increases their costs. Thus, enterprises are opting for information services integrated with advanced technologies such as AI. There are several other advantages of AI in information services, such as applying structure to unstructured data, streamlining information, enhancing information security, and improving data quality. Such advantages of AI in information services are anticipated to increase the efficiency of vendors operating in the global information services market in the future.

Key Information Services Market Challenge

The threat of data misappropriation, theft, and cybersecurity will be a major challenge for the information services market during the forecast period. Information service providers deal with critical and confidential data for enterprises and individual uses. Any planned or accidental data breach, which leads to such confidential data being accessible to unauthorized individuals and entities, could result in heavy financial losses for enterprises and individuals. Besides, the use of cloud and digital sharing of files between the information provider and organization could lead to the loss or theft of data if the connection is not secure. Data breaches may hamper the growth of the global information services market during the forecast period. Data security will be difficult to implement because of the expected increase in data volumes.

This information services market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Parent Market Analysis

Technavio categorizes the global information services market as a part of the global IT consulting and other services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the information services market during the forecast period.

Who are the Major Information Services Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AGS Corp.
  • Bloomberg LP
  • FeedSyndicate LLC
  • ProQuest LLC
  • RELX Plc
  • Research Solutions Inc.
  • S&P Global Inc.
  • Thomson Reuters Corp.
  • United Press International Inc.
  • Wolters Kluwer NV

 

This statistical study of the information services market encompasses successful business strategies deployed by the key vendors. The information services market is fragmented and the vendors are deploying growth strategies such as R&D to compete in the market.

Product Insights and News

  • AGS Corp. - The company offers consulting services and designs, develops information services for enterprises.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The information services market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Information Services Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the information services market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Information Services Market?

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40% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for information services in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The competitive pricing and strong infrastructure will facilitate the information services market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

APAC has been among the worst-hit regions by the COVID-19 pandemic. Government organizations across countries such as India have imposed a lockdown, which halted industrial and transportation activities. Most of the IT companies in APAC have adopted digital platforms, which has increased the need for information services. In 2020 and 2021, most of the services based companies across India and other countries in APAC have adopted a remote working environment for their employees, which has, in turn, led to a rise in the exchange of digital documents, thus compelling companies to opt for a proper information management system. 

What are the Revenue-generating Type Segments in the Information Services Market?

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The information services market share growth by the news syndicates segment will be significant during the forecast period. The market for news syndicates is growing due to the increasing need for organizations to make better decisions. The market for news syndicates will grow at a moderate pace due to the rise in virtual sessions and the increasing adoption of interactive news across the region. Besides, with the lockdown norms being lifted, many enterprises are expected to resume functioning normally with full capacity. This will drive the market for news syndicates across the region during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the information services market size and actionable market insights on post COVID-19 impact on each segment.

 

Information Services Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

USD 50.34 billion

Market structure

Fragmented

YoY growth (%)

5.69

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 40%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AGS Corp., Bloomberg LP, FeedSyndicate LLC, ProQuest LLC, RELX Plc, Research Solutions Inc., S&P Global Inc., Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Information Services Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive information services market growth during the next five years
  • Precise estimation of the information services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the information services industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of information services market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five Forces Summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • News syndicates - Market size and forecast 2020-2025
    • Libraries and archives - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers – Demand-led growth
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • AGS Corp.
      • Bloomberg LP
      • FeedSyndicate LLC
      • ProQuest LLC
      • RELX Plc
      • Research Solutions Inc.
      • S&P Global Inc.
      • Thomson Reuters Corp.
      • United Press International Inc.
      • Wolters Kluwer NV

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The information services market growth will increase by $50.34 billion during 2020-2025.
      The information services market is expected to grow at a CAGR of 8.17% during 2020-2025.
      Technavio has segmented the information services market by type (News syndicates and Libraries and archives) and geographic (APAC, North America, Europe, South America, and MEA).
      AGS Corp., Bloomberg LP, FeedSyndicate LLC, ProQuest LLC, RELX Plc, Research Solutions Inc., S&P Global Inc., Thomson Reuters Corp., United Press International Inc., Wolters Kluwer NV are a few of the key vendors in the information services market.
      APAC will register the highest growth rate of 39.73% among the other regions. Therefore, the information services market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the information services market growth are:
      • Use of information services for risk management
      The information services market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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