World Business Information Market: 5.2% CAGR to 2021

ReportsnReports.com adds Global Business Information Market 2017-2021 latest research report; the analysts forecast global business information market to grow at a CAGR of 5.2% during the period 2017-2021.

December 22, 2016 /MarketersMedia/ —

The global business information market analyst says one trend in the market is growth in healthcare information services. The growing demand for business information in the healthcare services segment is one of the major trends in the global business information market. Healthcare information providers offer important data related to fields like adult allergy and immunology, cardiology, dentistry, disease, and allied health information. In this sector, it is common for medical professionals to have access to electronic health records (EHR) on a personal digital assistant (PDA) or handheld device. This allows physicians to prioritize treatment and easily retrieve details regarding patients’ progress. Vendors such as Thomson Reuters and Wolters Kluwer have recognized this need and have started offering wireless products to enable quick access to information, particularly in the healthcare information services segment.

Complete report on business information market spread across 76 pages, analyzing 6 major companies and providing 24 data exhibits are now available at http://www.reportsnreports.com/reports/788363-global-business-information-market-2017-2021.html

According to the business information market 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. Business information services provide real-time data that enable organizations to avoid process delays and centralize management to improve their market response and decision-making. In addition, to achieve a competitive advantage, organizations transform the data into actionable intelligence through constant improvement of customer-facing strategies. Many enterprises are using business information services to achieve their marketing targets effectively. Such benefits of business information services are leading to their increased adoption.

The following companies are the key players in the global business information market: Bloomberg, Dow Jones, Experian Information Solutions, RELX Group, Thomson Reuters, and Wolters Kluwer. Other prominent vendors in the market are: Dun & Bradstreet, Equifax, FactSet Research Systems, Hoover’s, Infogroup, Informa, S&P Global, Moody’s Analytics, Morningstar, SIX Financial Information, and Tradeweb Markets. Order a copy of Global Business Information Market 2017-2021 report @ http://www.reportsnreports.com/purchase.aspx?name=788363

The global business information market was valued at almost USD37 billion in 2016 and is expected to surpass USD45 billion by 2021. In terms of geographical analysis, the Americas will be the largest region in the global market, and is expected to reach revenues of close to USD22 billion by 2021. The US will emerge as the key revenue generator in this region. The increase in the integration of online and offline information services will contribute to the growth in the business information market.

Global Business Information Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global business information market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales of business information services and solutions to business professionals on a subscription basis.

Further, the business information market report states that one challenge in the market is easy availability of free business information. Easy access to the Internet has made business information freely available in the market. Many companies such as Hoover’s and Experian Information Solutions have started providing free legal and financial information. Different governmental organizations have made information freely available in public sources.

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Source: http://marketersmedia.com/world-business-information-market-5-2-cagr-to-2021/156387

Release ID: 156387