Outsell, Inc. Projects Information Industry to Reach $458 Billion by 2009, Achieving 6.4 Percent Growth.BURLINGAME, Calif. -- Annual Outsell out·sell tr.v. out·sold , out·sell·ing, out·sells 1. To surpass (another) in an amount sold: a book that outsold all others of its kind. 2. industry outlook forecasts search and market research sectors, powered by companies like Google, Yahoo!, VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User and IMS Health IMS Health (NYSE: RX) is an international consulting and data services company that supplies the pharmaceutical industry with sales data and consulting services. IMS Health was founded in 1954 by Bill Frohlich and David Dubow. , to outpace out·pace tr.v. out·paced, out·pac·ing, out·pac·es To surpass or outdo (another), as in speed, growth, or performance. outpace Verb [-pacing, other segments; news publishing "titans" limp along the sidelines Sidelines Hypothetical position referring to noninvolvement in a stock; merely watching. Outsell, Inc., the only research and advisory firm for the information industry worldwide, today released Information Industry Outlook: FutureFacts 2007, the market's annual forecast of the trends and drivers fueling the information industry. The report predicts that the industry will reach $458 billion in revenues in the next three years, with a slow but steady compound annual growth rate (CAGR CAGR See: Compound Annual Growth Rate ) of 6.4 percent from 2006-2009. Industry sectors like search and market research, powered by companies like Google, Yahoo!, VNU, and IMS Health, will be among the high-growth segments. Outsell predicts that Search, Aggregation and Syndication will achieve a CAGR of 17.3 percent over the next three years, reaching $68 billion in revenues, while Market Research, Reports & Services achieves a CAGR of 11.3 percent and revenues of $39.7 billion. In a reversal of fortune, the former titans of the information industry--news publishers--will experience just 1 percent growth through 2009 and see their industry market share decline from 37 percent to 30.5 percent. FutureFacts--which Outsell unveils each year at Go!, its signature information industry event--summarizes the metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. , trends and predictions for all key sectors of the industry and key customer groups that fuel their market, including advertisers, enterprises and end users. This year's report looks at 11 segments--Search, Aggregation & Syndication; Market Research, Reports & Services; IT Research, Reports & Services; HR; Credit & Financial; Education & Training; Scientific, Technical & Medical; Legal, Tax & Regulatory; B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business Trade Publishing & Company Information; Yellow Pages & Directories; and News Providers & Publishers. "The information industry is at an inflection point Inflection Point An event that changes the way we think and act. -Andy Grove, Founder of Intel. Notes: For example, the fall of the Berlin Wall was an inflection point in global politics and the commercialization of the Internet was an inflection point in technology. , from increasing growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. to steady and slower ones. We believe the biggest challenges for 2007 and beyond will be continuing to grow revenue while maintaining profitability, and making critical investments to sustain that growth. Savvy executives will see the entire playing field, make investments for the future without flinching, and execute on tactical essentials in the moment," said Leigh Watson Healy, Chief Analyst with Outsell. Outsell's FutureFacts draws extensively from Outsell's unique industry metrics and analytics and includes analysis of major markets for information services See Information Systems. , users, enterprises and advertisers. The firm's research includes market size and share statistics for over 6,000 firms that create and aggregate information and make it commercially available online or offline. The organization also tracks the three major markets for information--end users, enterprise buyers, and advertisers--and has seven years of information-user statistics and input, including results of in-depth interviews with over 40,000 information consumers. Outsell analysts are available to explain the trends in FutureFacts. Journalists who would like to talk with Outsell should contact Dawn Ringel, Warner Communications, 781-449-8456 or dawn@warnerpr.com. The report is also available for download at http://www.outsellinc.com/subscribe/FutureFactsIndustryOutlook2007.htm ABOUT OUTSELL, INC.: Outsell, Inc. of Burlingame, CA is the only research and advisory firm providing actionable market analytics for the information industry worldwide. Founded in 1994, Outsell helps publishers, commercial information providers, and content software technology vendors identify, maintain, and grow markets and revenue streams. Outsell also works with information management executives in top corporations, government agencies, and educational institutions to benchmark spending, optimize performance, and demonstrate best practices. Outsell invests heavily in unique information industry data assets that form the core of its high-quality, fact-based research, analysis, and recommendations for clients worldwide. For more information, see www.outsellinc.com. |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion