The Association of Business Information & Media Companies (ABM) released the results of the Business Information Network (BIN) Report for 2013. ABM's annual report finds that the business-to-business media and information industry revenue grew 4.8% last year, up 77% compared with a growth rate of 2.7% in 2012. That growth represents an industry-wide level of business media and information revenue of $26.85 billion in 2013, compared with $25.62 billion in 2012.
The report also measured industry revenue by segment from 2012 to 2013 and concluded that industry growth is increasingly being driven by gains in data-driven business intelligence and digital advertising. ABM data shows that, among industry segments, digital advertising revenue grew the fastest (22%), followed by data/business information (10%). In addition, revenue generated by events grew 3%, while print advertising fell 4%.