Business Information Resellers in the US - Industry Market Research Report

On good authority: Strong growth in research and development expenditure will likely bolster operators' core revenue channels

Market research demand has risen consistently over the past five years, benefiting business information resellers, which are part of that larger sector. Businesses that invest in product development typically also invest in outside information and analysis. Operators generate revenue by aggregating data, articles and research reports and offering the content to clients, typically on a subscription basis. As research and development continues to remain a rapidly growing sector of the overall economy, information and access to information has become a hot commodity across the service economy, which bolstered core revenue channels for operators. Over the past five years, revenue has been growing at a CAGR of 3.7% and is expected to reach $6.9 billion in 2023. This includes an estimated 7.1% boost in 2023 alone. Business information resellers primarily distribute business information, including market and industry research, company profiles and business news aggregation. Operators may repackage and interpret existing data and information, but do not engage in primary research or data collection, such as public opinion polling or focus groups. The sale of stock and financial data and related analysis is not included in the industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.