The market is valued at $135 billion in 2017 due to the emerging markets growth, increase in the number of internet users and social media.
The information services market in The Business Research Company’s report is segmented into three segments, namely libraries and archives; news syndicates and all other information services. While the first segment accounts for nearly three-fourth of the market share, the remaining share is attributed to the other two segments.
China was the largest country in the information services market in 2017, accounting for close to one-sixth of the market share. China was followed by the USA and Germany as the next largest countries in the market.
Bloomberg was the largest company in the information services market, followed by RELX Group and Wolters Kluwer. Bloomberg is headquartered in New York City and employs more than 15,500 people around the world. It provides economic, financial and computerized information, compliance news and research.
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