TechNavio recognizes the following companies as the key players in the Global Market Data Information Market: Bloomberg L.P., FactSet Research Systems Inc., IDC, and Thomson Reuters Corp.
Commenting on the report, an analyst from TechNavio’s team said: “The major trend in the Global Market Data Information market is the increasing number of mergers and acquisitions. The Market Data Information market is a fragmented market, which creates opportunities for mergers and acquisitions. Both large market data analysis vendors and core market data analysis vendors are entering into mergers and acquisitions, to improve their market presence and expand their global reach. Large vendors are acquiring smaller ones with the motive of increasing their market share and solutions offerings. By such acquisitions, larger vendors are gaining a competitive edge through technological advancement and the opportunity to enter into the emerging or new markets. Since many vendors are seeking to gain market share, more acquisitions are anticipated during the forecast period.”
According to the report, one of the major drivers in the market is the need for fast data access. After the financial meltdown in 2009, the importance of risk management across various traders and investors has increased. Therefore, the investors and traders are increasingly demanding fast access to the trading market data. This is in order to minimize risk and survive in a highly changing market environment, and to make ‘on-the-spot’ decisions about buying or selling financial instruments.
Further, the report states that despite the presence of several drivers, the growth of the Global Market Data Information market is curtailed by some serious challenges. One such challenge is the financial data security issues. Since a large volume of financial data is being digitized, crucial issues such as privacy, security, and protection of static data about the financial instruments have started emerging in the market. Furthermore, data security and data privacy are major concerns in the Financial market. As the vendors in this market are handling very sensitive pricing information, they are concerned about their trading data being misused. Further, misuse of any data by providers may negatively affect the growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-market-data-information-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Market Data Information Market 2012-2016
