London, 13 January 2015: TechNavio, the independent tech-focused global research firm, has published a report on the Global Business Information Market 2015-2019, which is expected to grow at a CAGR of 5.15 percent during the period 2014-2019.
“Medium-sized enterprises have become increasingly aware of the significance of detailed and reliable information and its impact on their business,” says Faisal Ghaus, Vice President of TechNavio.
“This trend has created an opportunity for business information vendors to develop new versions of their products and attract medium-sized enterprises, thus improving their presence in the Global Business Information market.”
Key Market Drivers
- Increased Need to Develop Competitive Strategies
- Increased Investment in Business Intelligence Tools
- Need to Improve Market Responsiveness
- Adoption of New Technologies
- Need for Digitization
Key Market Trends
- Increased Penetration of Smartphones and Tablets
- Growth in Healthcare Information Services
- Integration of Online and Offline Information Services
- Focus of Vendors on Medium-sized Enterprises
- Increased Adoption of Cloud Services
Key Market Vendors
- Bloomberg LP
- Experian Data Quality Inc.
- News Corp.
- Reed Elsevier plc/Reed Elsevier NV
- Thomson Reuters Corp.
- Wolters Kluwer NV
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
