Authored By: Sarah
30 Aug 2021

Business Information Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025

Global business information market will post an incremental growth of $ 43.60 bn and progressing at a CAGR of almost 5.35% during the forecast period. Our research report segments the market into major segments and the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Business Information Market: Leading Segments and Growth Analysis

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The report segments the market by End-user (BFSI, Healthcare and life sciences, Manufacturing, Retail, and Others) and Geography (North America, Europe, APAC, South America, and MEA). Each market segment is analyzed for past performance leading to future growth projections based on current market scenario.
  • 41% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Business Information Market size.

Business Information Market Size to Grow by $ 43.60 bn through 2021-2025 | Leading Segments and Market Trends

Business Information Market: Top Trends, Drivers, Challenges to drive Market Recovery

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • A key market driver for the Business Information Market will be adapting enterprise business strategies to changing customer preferences.
  • Business information serving as a risk management and reduction tool is another factor that will be instrumental in driving market growth during the forecast period.
  • Threat of data misappropriation and theft is a hurdle that needs to be crossed on the path to success.

Business Information Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Bloomberg LP, Deloitte Touche Tohmatsu Ltd., Equifax Inc., Ernst & Young Global Ltd., Experian Plc, KPMG International Ltd., PricewaterhouseCoopers LLP, RELX Plc, Thomson Reuters Corp., and Wolters Kluwer NV are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 5.35%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 43.60 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Adapting enterprise business strategies to changing customer preferences will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, APAC, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    41% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Bloomberg LP, Deloitte Touche Tohmatsu Ltd., Equifax Inc., Ernst & Young Global Ltd., Experian Plc, KPMG International Ltd., PricewaterhouseCoopers LLP, RELX Plc, Thomson Reuters Corp., and Wolters Kluwer NV

     
  7. What are the market segments covered in this report?
    The market is segmented by End-user (BFSI, Healthcare and life sciences, Manufacturing, Retail, and Others) and Geography (North America, Europe, APAC, South America, and MEA)

Business Information Market Size to Grow by $ 61.26 bn through 2020-2024 | Forecast and Trend Analysis

Technavio has been monitoring the business information market and it is expected to grow by $ 61.26 bn, accelerating at a CAGR of almost 8% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking View Free Sample Report

Business Information Market: Emerging Trends to Impact Market Growth

Provision of customer-centric solutions to emerge as a key trend in the industrial business information market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Business Information Market Size to Grow by $ 43.60 bn through 2021-2025 | Leading Segments and Market Trends

Business Information Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Bloomberg LP, Deloitte Touche Tohmatsu Ltd., Equifax Inc., Ernst & Young Global Ltd., Experian Plc, KPMG International Ltd., PricewaterhouseCoopers LLP, RELX Plc, Thomson Reuters Corp., and Wolters Kluwer NV are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

For more insights into this market:Download a Free Sample Report

The Global Business Information Market is expected to grow by USD 61.26 billion accelerating at a CAGR of almost 8% during the forecast period. The Information Technology industry is expected to witness mixed growth as a result of COVID-19, and the impact of the pandemic on the market in focus is also expected to remain neutral. Technavio evaluates the market with a detailed investigation into the market forces, emerging trends, and growth drivers. It also provides competitive benchmarking to equip clients with actionable insights that will help them navigate through the current market scenario. Preview our latest report with COVID-19 Impact Analysis

"The need to adapt enterprise business strategies to changing customer preferences will drive the Global Business Information Market in the forthcoming years. 43% of the market growth will originate from North America during the forecast period", says senior research analyst for the Information Technology Industry at Technavio.

Business Information Market Size to Grow by $ 43.60 bn through 2021-2025 | Leading Segments and Market Trends

Business Information Market: End-userSegment Highlights

  • End-user Segmentation: BFSI, Healthcare and Life Science, Manufacruing, Retail and Others
  • In the BFSI sector, the information provided to businesses is of various types such as credit risk report, credit scores of individual, compliance solutions, collaboration, audit management, corporate performance management and firm management, historical market reports, and forecast reports of specific industries for trading purposes. 

Business Information Market: Competitive Analysis

  • The Business Information Market is fragmented due to the presence of several vendors.
  • Market vendors are focused on market expansion, innovations, and expansion of distribution networks.
  • Bloomberg LP, Deloitte Touche Tohmatsu Ltd., Equifax Inc., Ernst & Young Global Ltd., Experian Plc, KPMG International Ltd., PricewaterhouseCoopers LLP, RELX Plc, Thomson Reuters Corp., and Wolters Kluwer NV are some of the major market participants. Although adapting enterprise business strategies to changing customer preferences will offer immense growth opportunities,threat of data misappropriation and theft will challenge the growth of the market participants. 

Technavio provides custom research reports with detailed insights on the impact of COVID-19 with respect to the industry, region, and supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations. Download a Free Sample Report 

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