Global Information Services Market Growth Trajectory
The Business Research Company's Information Services Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON, UK, October 14, 2022 /EINPresswire.com/ -- As per The Business Research Company's "Information Services Global Market Report 2022”, the information services market size2 grew from $136.23 billion in 2021 to $147.58 billion in 2022 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The information services global market is expected to grow to $181.08 billion in 2026 at a CAGR of 5.2%. The rising use of social media for people to connect and communicate with each other is expected to drive the demand for information services during the forecast period.
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Key Trends In The Information Services Market
Many universities, colleges, and independent libraries are facilitating access to books, audio and video content through digital platforms. They are offering platforms and technologies that can offer access to content through various devices Applications are being developed for desktops, mobile phones, and tablets irrespective of the size of the device screen. Responsive design and device compatibility are being incorporated to enhance user experience, accessing content through digital platforms.
Overview Of The Information Services Market
The information services market consists of the sales of information services by entities (organizations, sole traders, or partnerships) that provide news reports, articles, pictures, public historical documents, photographs, maps, audio material, audiovisual material, and other archival material of historical interest. These entities include news syndicates, libraries, and archives.
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Information Services Global Market Report 2022 from TBRC covers the following information:
Market Size Data
Forecast period: Historical and Future
By region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
By countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Market Segmentation
By Type: News Syndicates, Libraries And Archives, All Other Information Services
By Deployment Mode: On-premise, Cloud
By End-User: B2B, B2C
By Geography: The global information services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific holds the largest share in the market.
Major market players such as RELX plc, News Corporation, FUJI MEDIA HOLDINGS INC, The New York Public Library, Thomson Reuters, The New York Times Company, Tribune Media Company, Queens Public Library, King County Library System, and Cuyahoga County Public Library.
Trends, Opportunities, Strategies And So Much More.
Information Services Global Market Report 2022 is one of The Business Research Company’s comprehensive reports that provides a information services market overview. The market report analyzes information services market size, information services market growth drivers, information services global market share, information services market segments3, information services global market major players, information services global market growth across geographies, information services market trends and information services global market competitors’ revenues and market positioning. The information services global market report enables you to gain insights on opportunities and strategies, as well as identify countries and segments with the highest growth potential.
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