Business Information Market Size, Share, Analysis and Forecasts, 2017 To 2021
According to the report, one driver in the market is growing need to improve market responsiveness. The intense competition in the market has prompted the enterprises to increase the speed of processes that support competitive strategies, which reduce the cycle time.
According to the report, one driver in the market is growing need to improve market responsiveness. The intense competition in the market has prompted the enterprises to increase the speed of processes that support competitive strategies, which reduce the cycle time.
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<strong>Business</strong> <strong>Information</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, Strategies, Global Insights,<br />
<strong>Analysis</strong> <strong>and</strong> <strong>Forecasts</strong>, <strong>2017</strong> <strong>To</strong> <strong>2021</strong><br />
About <strong>Business</strong> <strong>Information</strong><br />
<strong>Business</strong> information services <strong>and</strong> solutions can be defined as systems, which provide syndicated<br />
information, trade publishing, <strong>and</strong> advisory services for decision-making in industries such as the<br />
finance, legal, media, healthcare, <strong>and</strong> scientific research. The business information solutions collect,<br />
process, <strong>and</strong> disseminate information.<br />
Technavio’ s analysts forecast the global business information market to grow at a CAGR of 5.2% during<br />
the period <strong>2017</strong>-<strong>2021</strong>.<br />
Browse full report with TOC @ https://marketreportscenter.com/reports/482241/global-businessinformation-market-<strong>2017</strong>-<strong>2021</strong><br />
Global <strong>Business</strong> <strong>Information</strong> <strong>Market</strong> <strong>2017</strong>-<strong>2021</strong><br />
Report recognizes the following companies as the key players in the global business information market:<br />
Bloomberg, Dow Jones, Experian <strong>Information</strong> Solutions, RELX Group, Thomson Reuters, <strong>and</strong> Wolters<br />
Kluwer.<br />
Other Prominent Vendors in the market are: Dun & Bradstreet, Equifax, FactSet Research Systems,<br />
Hoover's, Infogroup, Informa, S&P Global, Moody's Analytics, Morningstar, SIX Financial <strong>Information</strong>,<br />
<strong>and</strong> Tradeweb <strong>Market</strong>s.<br />
Commenting on the report, an analyst from Report’ s team said: “One trend in the market is growth in<br />
healthcare information services. The growing dem<strong>and</strong> for business information in the healthcare<br />
services segment is one of the major trends in the global business information market. Healthcare<br />
information providers offer important data related to fields like adult allergy <strong>and</strong> immunology,<br />
cardiology, dentistry, disease, <strong>and</strong> allied health information. In this sector, it is common for medical<br />
professionals to have access to electronic health records (EHR) on a personal digital assistant (PDA) or<br />
h<strong>and</strong>held device. This allows physicians to prioritize treatment <strong>and</strong> easily retrieve details regarding<br />
patients' progress. Vendors such as Thomson Reuters <strong>and</strong> Wolters Kluwer have recognized this need <strong>and</strong><br />
have started offering wireless products to enable quick access to information, particularly in the<br />
healthcare information services segment.”<br />
According to the report, one driver in the market is growing need to improve market responsiveness.<br />
The intense competition in the market has prompted the enterprises to increase the speed of processes
that support competitive strategies, which reduce the cycle time. <strong>Business</strong> information services provide<br />
real-time data that enable organizations to avoid process delays <strong>and</strong> centralize management to improve<br />
their market response <strong>and</strong> decision-making. In addition, to achieve a competitive advantage,<br />
organizations transform the data into actionable intelligence through constant improvement of<br />
customer-facing strategies. Many enterprises are using business information services to achieve their<br />
marketing targets effectively. Such benefits of business information services are leading to their<br />
increased adoption.<br />
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Further, the report states that one challenge in the market is easy availability of free business<br />
information. Easy access to the Internet has made business information freely available in the market.<br />
Many companies such as Hoover's <strong>and</strong> Experian <strong>Information</strong> Solutions have started providing free legal<br />
<strong>and</strong> financial information. Different governmental organizations have made information freely available<br />
in public sources. This availability of free information will reduce the dem<strong>and</strong> for business information<br />
service providers. Though the information provided by such public sources may not always be very<br />
reliable, its availability might adversely affect the number of paid subscriptions for business information<br />
services.<br />
The study was conducted using an objective combination of primary <strong>and</strong> secondary information<br />
including inputs from key participants in the industry. The report contains a comprehensive market <strong>and</strong><br />
vendor l<strong>and</strong>scape in addition to a SWOT analysis of the key vendors.<br />
Covered in this report<br />
The report covers the present scenario <strong>and</strong> the growth prospects of the global business information<br />
market for <strong>2017</strong>-<strong>2021</strong>. <strong>To</strong> calculate the market size, the report considers the revenue generated from<br />
sales of business information services <strong>and</strong> solutions to business professionals on a subscription basis.<br />
The market is divided into the following segments based on geography:<br />
Americas<br />
APAC<br />
EMEA<br />
Technavio's report, Global <strong>Business</strong> <strong>Information</strong> <strong>Market</strong> <strong>2017</strong>-<strong>2021</strong>, has been prepared based on an indepth<br />
market analysis with inputs from industry experts. The report covers the market l<strong>and</strong>scape <strong>and</strong> its<br />
growth prospects over the coming years. The report also includes a discussion of the key vendors<br />
operating in this market.<br />
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Connect for more details:<br />
Sam Collins<br />
<strong>Market</strong> Reports Center<br />
1-646-883-3044 (US)<br />
info@marketreportscenter.com
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