Leigh Watson-Healy, Chief Analyst, Outsell Inc. released their annual information industry forecast, with the sector expected to reach $458 billion by 2009, achieving a slow but steady compound annual growth rate (CAGR) of 6.4 percent from 2006-2009.
"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.”
Outsell’s key predictions include:
- Search and market research, powered by companies like Google, Yahoo!, VNU, and IMS Health, will be among the high-growth segments Search, Aggregation and Syndication will achieve a CAGR of 17.3 percent over the next three years, reaching $68 billion in revenues.
- 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.
"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.”
Outsell’s key predictions include:
- Search and market research, powered by companies like Google, Yahoo!, VNU, and IMS Health, will be among the high-growth segments Search, Aggregation and Syndication will achieve a CAGR of 17.3 percent over the next three years, reaching $68 billion in revenues.
- 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.