The global market for Business Information was estimated at US$171.6 Billion in 2023 and is projected to reach US$260.5 Billion by 2030, growing at a CAGR of 6.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Why Is Business Information More Valuable Than Ever?
The business information market is rapidly expanding as organizations recognize the critical importance of data-driven decision-making. Business information, which includes market research, competitive analysis, financial data, and industry reports, provides valuable insights that help companies understand market dynamics, identify growth opportunities, and mitigate risks. As the global business environment becomes increasingly complex and competitive, there is a growing demand for comprehensive and accurate business information that enables organizations to make informed strategic decisions.How Are Digital Transformation and Big Data Influencing the Market?
Digital transformation and the proliferation of big data are significantly influencing the business information market. Organizations are leveraging advanced analytics tools and technologies to extract actionable insights from vast amounts of data. The integration of big data analytics with traditional business information services allows for more accurate forecasting, trend analysis, and customer segmentation. This convergence is creating new opportunities for business information providers to offer more sophisticated and tailored solutions, driving market growth.What Role Does Competitive Intelligence Play in Business Strategy?
Competitive intelligence has emerged as a key component of business strategy, driving demand for high-quality business information. Companies are increasingly investing in tools and services that provide real-time data on competitors' activities, market trends, and customer behavior to gain a competitive edge. The need for dynamic and continuous monitoring of market conditions has led to the development of innovative business information platforms that offer automated alerts, customized dashboards, and predictive analytics. These solutions are enabling businesses to adapt quickly to changing market conditions and make proactive decisions.What Factors Are Driving Growth in the Business Information Market?
The growth in the business information market is driven by several factors, including the increasing need for data-driven decision-making, the rise of digital transformation, and the growing importance of competitive intelligence. Organizations across industries are recognizing the value of business information in optimizing strategies, identifying new opportunities, and minimizing risks. The adoption of advanced analytics and AI-powered tools is enhancing the quality and relevance of business information, while the demand for customized and real-time data is fueling the development of innovative solutions. Furthermore, the expansion of global markets and the need to navigate complex regulatory environments are encouraging companies to invest in comprehensive business information services.Key Insights:
- Market Growth: Understand the significant growth trajectory of the BFSI End-Use segment, which is expected to reach US$90.0 Billion by 2030 with a CAGR of a 7.6%. The Healthcare & Lifesciences End-Use segment is also set to grow at 6.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, which was estimated at $46.7 Billion in 2023, and China, forecasted to grow at an impressive 10.1% CAGR to reach $56.6 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Business Information Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Business Information Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Business Information Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Capita PLC, CQG, Deloitte Touche Tohmatsu Ltd., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 56 Featured):
- Capita PLC
- CQG
- Deloitte Touche Tohmatsu Ltd.
- Dun & Bradstreet, Inc.
- Equifax, Inc.
- Ernst & Young Global Ltd.
- Experian PLC
- FactSet Research Systems Inc.
- Informa PLC
- KPMG International Ltd.
- Morningstar
- PricewaterhouseCoopers International Limited
- RELX Group plc.
- Thomson Reuters Corporation
- Wolters Kluwer N.V.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISSOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
- Capita PLC
- CQG
- Deloitte Touche Tohmatsu Ltd.
- Dun & Bradstreet, Inc.
- Equifax, Inc.
- Ernst & Young Global Ltd.
- Experian PLC
- FactSet Research Systems Inc.
- Informa PLC
- KPMG International Ltd.
- Morningstar
- PricewaterhouseCoopers International Limited
- RELX Group plc.
- Thomson Reuters Corporation
- Wolters Kluwer N.V.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 203 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 171.6 Billion |
Forecasted Market Value ( USD | $ 260.5 Billion |
Compound Annual Growth Rate | 6.1% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |