Outsell, Inc. Issues Forecast for Information Industry

Sep 26, 2008

Revenues for the worldwide information industry are on track to reach $466 billion by 2011, according to the report, 2008 Information Industry Market Size, Share & Forecast Report. Outsell forecasts a compound annual growth rate (CAGR) 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. With news removed, the CAGR would rise to 8.4 percent, led by five industry segments—Search, Aggregation & Syndication (15.6 percent), HR Information (10.4 percent), Market Research, Reports & Services, and IT & Telecom Research, Reports and Services (9.4 percent combined), and Credit & Financial Information (8.5 percent).