Outsell, Inc., a research and advisory firm for the information industry, has announced the launch of its inaugural I-Market MarketView on the Scientific, Technical & Medical (STM) industry segment.
In this report, Outsell forecasts slow growth for the segment, at 5.8 percent from 2004-2008, to reach $15.6 billion in revenue. The report cites organizations like Chemical Abstracts Service and GlobalSpec that are engaged in the creation, aggregation, and distribution of technical reports, medical data, patents, and related content. Other findings from the report, include: the STM segment, which is currently sized at $12.4 billion, represents just under 5% of the total information industry's 2004 revenues of $263 billion. STM grew 8.4 % in 2004, lagging behind total industry growth of 9.8 %. To purchase this 42-page report and to learn more about Outsell go to the Web site.