Information Industry to Reach $458 Billion by 2009, According to Report

Sep 19, 2006

Outsell, Inc., a research and advisory firm for the information industry worldwide, has released Information Industry Outlook: FutureFacts 2007, an annual forecast of the trends and drivers fueling the information industry. The report predicts that the industry will reach $458 billion in revenues in the next three years, with a slow but steady compound annual growth rate (CAGR) of 6.4% from 2006-2009.

According to the report, industry sectors like search and market research, powered by companies like Google, Yahoo!, VNU, and IMS Health, will be among the high-growth segments. Outsell predicts that Search, Aggregation and Syndication will achieve a CAGR of 17.3% over the next three years, reaching $68 billion in revenues, while Market Research, Reports & Services achieves a CAGR of 11.3% and revenues of $39.7 billion. In a reversal of fortune, the former titans of the information industry-news publishers-will experience just 1% growth through 2009 and see their industry market share decline from 37% to 30.5%.

FutureFacts summarizes the metrics, trends and predictions for all key sectors of the industry and key customer groups that fuel their market, including advertisers, enterprises, and end users. This year's report looks at 11 segments-Search, Aggregation & Syndication; Market Research, Reports & Services; IT Research, Reports & Services; HR; Credit & Financial; Education & Training; Scientific, Technical & Medical; Legal, Tax & Regulatory; B2B Trade Publishing & Company Information; Yellow Pages & Directories; and News Providers & Publishers.