Dublin, April 18, 2022 (GLOBE NEWSWIRE) -- The "Information Services Global Market Report 2022, By Type, Deployment Mode, End-User" report has been added to ResearchAndMarkets.com's offering.
The global information services market is expected to grow from $136.23 billion in 2021 to $148.28 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%.
The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges.
The market is expected to reach $200.33 billion in 2026 at a CAGR of 7.8%
Major companies in the information services market include 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.
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by entities (organizations, sole traders, or partnerships) that provide news reports, articles, pictures, public historical documents, photographs, maps, audio material, audiovisual material, and other archival material of historical interest.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.
The main types of information services are news syndicates, libraries and archives, and all other information services. Libraries refer to a room or set of rooms where books and other literary materials are being kept. Archives is to store old records or documents for accessing them again in the future. The different modes of deployment include online, offline and are used by various sectors such as B2B, B2C.
Asia Pacific was the largest region in the information services market in 2021. Middle East is expected to be the fastest growing region in the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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. Individuals are using social platforms to share information and to be in touch with their families and friends.
More time is being spent on social networking sites is boosting the growth of the internet publishing and broadcasting industry. As of 2019, there were around 3.48 billion people using social media, indicating widespread usage of social media. Rising social media usage is expected to drive the growth of the information services market through rising in demand for news syndicates and online libraries and archives.
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. For example, Grand Valley State University Libraries, University of Toronto's Library Catalogue, Princeton University Library, and University of Arizona's Special Collections incorporated responsive design to enhance user experience.
Key Topics Covered:
1. Executive Summary
2. Report Structure
3. Information Services Market Characteristics
3.1. Market Definition
3.2. Key Segmentations
4. Information Services Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Information Services Market Supply Chain
5.1. Supply Chain
5.2. Distribution
5.3. End Customers
6. Information Services Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Information Services Market Trends And Strategies
8. Impact Of COVID-19 On Information Services
9. Information Services Market Size And Growth
9.1. Market Size
9.2. Historic Market Growth, Value ($ Billion)
9.2.1. Drivers Of The Market
9.2.2. Restraints On The Market
9.3. Forecast Market Growth, Value ($ Billion)
9.3.1. Drivers Of The Market
9.3.2. Restraints On The Market
10. Information Services Market Regional Analysis
10.1. Global Information Services Market, 2021, By Region, Value ($ Billion)
10.2. Global Information Services Market, 2016-2021, 2021-2026F, 2031F, Historic And Forecast, By Region
10.3. Global Information Services Market, Growth And Market Share Comparison, By Region
11. Information Services Market Segmentation
11.1. Global Information Services Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- News Syndicates
- Libraries And Archives
- All Other Information Services
11.2. Global Information Services Market, Segmentation By Deployment Mode, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- On-Premise
- Cloud
11.3. Global Information Services Market, Segmentation By End-User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- B2B
- B2C
12. Information Services Market Segments
12.1. Global News Syndicates Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) -
12.2. Global Libraries And Archives Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) -
12.3. Global All Other Information Services Market, Segmentation By Type, 2016-2021, 2021-2026F, 2031F, Value ($ Billion) -
13. Information Services Market Metrics
13.1. Information Services Market Size, Percentage Of GDP, 2016-2026, Global
13.2. Per Capita Average Information Services Market Expenditure, 2016-2026, Global
Companies Mentioned
- 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
- Cuyahoga County Public Library
For more information about this report visit https://www.researchandmarkets.com/r/kotcyf
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