Information in the US - Industry Market Research Report

For your information: Revenue for the sector will accelerate as the pandemic continues to abate

The Information sector creates and distributes media content to US consumers and businesses. The Information sector responds to trends in household formation, which influences subscription volumes to communications services advertising expenditure, which generates nearly one-fourth of sector revenue, as well as consumer incomes and spending habits, which influence the extent to which households purchase discretionary entertainment products. The Information sector also sells some products and services directly to businesses and is influenced to a lesser extent by trends in corporate profit and business sentiment. Through the end of 2023, sector revenue will expand at a CAGR of 2.7% to reach $2.3 trillion, including a boost of 1.4% in 2023. The Information sector includes businesses that produce and distribute information and cultural products, as well as provide the means for their distribution or process data. The sector includes telecommunications, data processing and hosting, print, online and software publishing, film, TV and record production and distribution, as well as TV and radio stations and networks. The sector does not include live entertainment. 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.