Media industry-focused research and advisory firm Outsell, Inc., US, has released a new report titled 2008 Information Industry Market Size, Share & Forecast Report. According to the report, revenues for the worldwide information industry are on track to reach $466 billion by 2011. Outsell forecasts a compound annual growth rate of 4.5 percent for the information industry from 2008 through 2011, with the market essentially holding steady in 2009 and beyond despite the challenging economy and a contracting news segment.
The report is an annual roundup of the company's research and analysis of the entire information industry. It summarises metrics and trends for 11 vertical segments and key customer groups that fuel the $391 billion information industry, and predicts that successful companies will be those that create truly innovative products, services and experiences. The report includes 2008 estimated revenues and 2008-2011 forecasted CAGR for key information industry segments; market share of the top 10 companies in each segment; insights about companies that are rising stars in each segment; major market trends impacting each segment; key dynamics and trends in the principal markets for information - end users, enterprises, and advertising funding; and Outsell's essential actions for publishers and information providers in 2008.
The report draws extensively from Outsell's industry metrics and analytics; original research and studies of users, advertisers, and information. Segments covered are Scientific, Technical & Medical Information; B2B Trade Publishing & Company Information; News Providers & Publishers; Search, Aggregation & Syndication; Education & Training; Credit & Financial Information; HR Information; Legal, Tax & Regulatory; Market Research; IT & Telecom Research; and Yellow Pages & Directories.
