Media industry-focused research and advisory firm Outsell, Inc., US, has released a new report - Information Industry Market Size and Share Rankings: Preliminary 2007 Results. According to the report, the industry slowed over the past year -with revenues growing only 5.3 percent to $381 billion, compared to a 6 percent growth in 2006. Even Google, which retained its number one position among information providers for the second year in a row, saw its growth decline in 2007 to 57.5, from a heady 72.8 percent in 2006. Google's chief rival, Yahoo!, also slowed down, from 22.2 percent to an estimated 9.7 percent.
Altogether, Outsell analysed results of the information industry as a whole, and 12 separate segments. The segments showed mixed financial results, with news publishers and providers experiencing a decline of 2.5 percent. At the other end of the spectrum, search, aggregation and syndication continued to prosper, with growth estimated at 25.5 percent.
The new Outsell report includes Preliminary 2007 revenues and growth rates for the total information industry and its top 20 companies. In addition to Google, the companies in the first 10 positions include Reed Elsevier, Pearson, Yahoo!, Thomson, Gannett, McGraw-Hill, Bloomberg, Reuters and Wolters Kluwer. Predictions of the report include: users will move to gated communities as search recedes; Asia and Europe will drive growth in mobile content; and B2B online ad revenue growth will surpass print growth.
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