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Information Services Market Analysis, Trends, Growth, Research And Forecast 2033
Information Services Market
The Business Research Company presents an extensive market research report on the Information Services Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The information services market size has grown strongly in recent years. It will grow from $158.41 billion in 2023 to $169.11 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to globalization, regulatory environment, rise of e-commerce, mobile revolution, content explosion.
The information services market size is expected to see strong growth in the next few years. It will grow to $219.97 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to remote work and collaboration tools, sustainable information practices, personalized user experiences, regulatory changes and data privacy, cybersecurity concerns. Major trends in the forecast period include artificial intelligence (ai) integration, blockchain technology, big data and analytics, rise of data monetization, blockchain for trust and transparency.
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Key Market Players:
Major companies operating in the information services market report are BASF SE, The Dow Chemical Company, QingdaoHaier Co.Ltd., The Cannon Group Inc., Toshiba Machine Co. Ltd., Berry Global Inc., Amcor PLC, Eastman Chemical Company, HyundaiWia Co.Ltd., Sumitomo Heavy Industries Ltd., Silgan Holdings Inc., The TRUMPF Group, UbeIndustries Ltd., AptarGroup Inc., VitroS.A.BdeC.V., DMG Mori Co. Ltd., ENGEL Austria GmbH, Haitian International Holdings Ltd., Milacron Holdings Corp., MaxellHoldings Ltd., Stratasys Ltd., Proto Labs Inc., Nissei Plastic Industrial Co. Ltd., Takween Advanced Industries, Husky Injection Molding Systems Ltd., ALPLA India Pvt. Ltd., Dalian Machine Tool Group Corporation, Amada Pvt. Ltd., US Industrial Machinery, Arburg GmbH + Co KG, KraussMaffei Group GmbH, StackTeck Systems Ltd., Rosti Group AB, Sino Mould Co. Ltd., Apex Plastics
Market Drivers:
The rising use of social media for people to connect and communicate with each other is expected to drive the demand for information services during the forecast period. Individuals are using social platforms to share information and to be in touch with their families and friends. More time is being spent on social networking sites is boosting the growth of the internet publishing and broadcasting industry. As of 2021, there were around 4.48 billion people using social media, indicating widespread usage of social media. Rising social media usage is expected to drive the growth of the information services market through rising in demand for news syndicates and online libraries and archives.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/information-services-global-market-report
The information services market covered in this report is segmented -
1) By Type: News Syndicates, Libraries And Archives, All Other Information Services
2) By Deployment Mode: On-premise, Cloud
3) By End-User: B2B, B2C
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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