Business Information Resellers
Market research demand has risen consistently over the past five years, benefiting the Business Information Resellers industry, which is a part of that larger industry. Businesses that invest in product development typically also invest in outside information and analysis. Operators in this industry generate revenue by aggregating data, articles and research reports and offering the content to clients, typically on a subscription basis. Key drivers of the industry have improved over the past five years. Research and development expenditure has increased, leading to new investments in market research to test the viability of new product ideas. In addition, software has made it easier for firms in this industry to obtain and repackage information, particularly data. Over the five years to 2023, revenue is forecast to increase. Growth in research and development expenditure is anticipated to increase, and will remain the key driver of the industry. However, the industry will face greater competition, which will contribute to slowed growth over the next five years.
This industry primarily distributes business information, including market and industry research, company profiles and business news aggregation. Industry firms may repackage and interpret existing data and information, but do not engage in primary research or data collection, such as public opinion polling or focus groups. The sale of stock and financial data and related analysis is not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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