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Information Services Market to grow by USD 182.8 Billion (2025-2029), driven by risk management use, Report on how AI is driving market transformation - Technavio
Tuesday, February 4, 2025
NEW YORK, Jan. 27, 2025 /PRNewswire/ -- Report with the AI impact on market trends - The global information services market size is estimated to grow by USD 182.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 15.8% during the forecast period. Use of information services for risk management is driving market growth, with a trend towards emergence of ai in information management. However, data misappropriation, theft, and cybersecurity issues poses a challenge. Key market players include Agence France Presse, AGS Corp., Australian Associated Press Ltd., Bloomberg LP, Clarivate PLC, FUJIFILM Holdings Corp., GISP Group, Moodys Corp., News Corp., Nexstar Media Group Inc., RELX Plc, S and P Inc., The New York Times Co., Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV.
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Information Services Market Scope
Report Coverage
Details
Base year 2024
Historic period
2019 - 2023
Forecast period
2025-2029
Growth momentum & CAGR Accelerate at a CAGR of 15.8%
Market growth 2025-2029
USD 182.8 billion
Market structure
Fragmented
YoY growth 2022-2023 (%) 13.3
Regional analysis
APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution APAC at 37%
Key countries
US, China, Japan, UK, India, Germany, Canada, South Korea, France, and Italy
Key companies profiled Agence France Presse, AGS Corp., Australian Associated Press Ltd., Bloomberg LP, Clarivate PLC, FUJIFILM Holdings Corp.,
GISP Group, Moodys Corp., News Corp., Nexstar Media Group Inc., RELX Plc, S and P Global Inc., The New York Times Co.,
Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV
Market Driver
In today's digital world, businesses focus on Information Services Market trends that drive growth and efficiency. Helpdesk services with quick IT resolution speed ensure user satisfaction and productivity. IT budgeting, IT vendor management, and cost-effective solutions are essential for controlling technical debt. A team of experts provides up-to-date software, network security, and IT support to mitigate cybersecurity threats and data loss. Response time and network downtime are critical, with cloud computing offering scalability and cost reduction. Business continuity and disaster recovery are crucial for data protection and business resilience. Remote monitoring, infrastructure management, and IT support ensure network redundancy and secure infrastructure. Cybersecurity awareness training and protection against social engineering scams are vital in the face of cyberattacks. Future-proofed services, such as digital workspaces and IT asset management, enhance productivity and customer satisfaction. Cloud solutions offer flexibility and cost-effective expertise, while IT support and IT support outsourcing provide essential cost reduction and centralization. In conclusion, the Information Services Market prioritizes business growth, IT budgeting, user satisfaction, IT support, cybersecurity, and digital infrastructure management.
Multiple businesses worldwide are incorporating Artificial Intelligence (AI) into their information services to automate processes and boost efficiency. This integration reduces the time spent on manual tasks, such as paperwork, thereby increasing return on investment and decreasing costs. Furthermore, AI enables the categorization and tagging of information for easy retrieval in the future. By utilizing AI in information services, enterprises enhance process integrity and streamline operations, ultimately driving business growth.
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Market Challenges
-- In today's digital world, businesses face numerous challenges in
managing their Information Services. Business growth brings the need for
IT budgeting, scalability, and cost-effective solutions. Helpdesk
services ensure IT resolution speed and user satisfaction, but IT
troubleshooting and cybersecurity threats demand a team of experts.
Technical debt, network downtime, and cyberattacks pose significant
risks, requiring data protection and cybersecurity measures. Cost
reduction through IT asset management and business continuity planning
are essential. Cloud computing offers flexibility and future-proofed
services, but IT vendor management and infrastructure management are
crucial for efficient operations. IT support is vital for productivity
and customer satisfaction, while IT budgeting and response time are key
performance indicators. Cybersecurity threats, social engineering scams,
and data loss require security awareness training. Remote monitoring,
network redundancy, and secure infrastructure ensure business continuity
and disaster recovery. Up-to-date software and future-proofed services
are necessary to stay competitive in the digital age. Computer hardware
and software maintenance, network security, and technical issues demand
quick and cost-effective expertise. Centralization of IT services offers
cost savings and streamlined operations. In conclusion, businesses must
focus on their core activities while leveraging IT services to enhance
efficiency, reduce costs, and ensure business continuity.
-- Information service providers handle vital and confidential data for
both enterprises and individuals. Unauthorized access to this data due
to data breaches or insecure digital sharing can result in significant
financial losses. The increasing threat of online security breaches and
fraudulent activities, particularly in banking transactions,
necessitates stronger regulations. Government regulations mandate banks
to invest in advanced technologies to maintain the required capital
adequacy ratio. These technologies help secure data and prevent
unauthorized access, safeguarding financial institutions and their
clients from potential losses.
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Segment Overview
This information services market report extensively covers market segmentation by
1. Type
-- 1.1 News syndicates
-- 1.2 Libraries and archives
2. End-user
-- 2.1 Automotive
-- 2.2 Healthcare
-- 2.3 Retail
-- 2.4 Manufacturing
-- 2.5 Others
3. Geography
-- 3.1 APAC
-- 3.2 North America
-- 3.3 Europe
-- 3.4 South America
-- 3.5 Middle East and Africa
1.1 News syndicates- News syndicates aggregate content from various sources, supplying organizations, media outlets, and individuals with a broad range of timely and reliable information on global, national, and local events. In today's fast-paced world, access to accurate and up-to-date news, analysis, and commentary is essential for effective decision-making, market analysis, and staying informed. Media organizations, publishers, and digital platforms license content from news syndicates to enhance their offerings, providing access to high-quality journalism and diverse content. News syndicates cater to the information needs of various demographics by offering comprehensive global coverage and localized content tailored to specific regions, languages, and audience preferences. They distribute content across multiple channels, including print, digital, broadcast, and social media platforms, ensuring wide reach and accessibility. Additionally, mobile-based information services allow users to access data, news, and analytics from any connected device, providing real-time updates on market events, news, and research articles. Businesses, government agencies, and PR firms utilize news syndicates for media monitoring, sentiment analysis, and competitive intelligence, gaining valuable insights into public perception, industry trends, and competitive landscapes. Companies like Bloomberg LP and Thomson Reuters Corp. (Thomson Reuters) offer mobile-based information services, contributing to the growth of the news syndicate segment in the global information services market.
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Research Analysis
In the dynamic world of Information Services, businesses seek reliable and efficient IT solutions to drive growth and success. Helpdesk services ensure quick IT resolution speed, enhancing user satisfaction and productivity. IT troubleshooting, IT budgeting, and IT vendor management are essential for cost reduction and effective IT asset management. Technical debt, network downtime, and response time are critical areas that impact business continuity and disaster recovery. Security is a top priority, with data protection, cybersecurity, and security awareness training safeguarding against potential threats such as social engineering scams. Cloud computing, scalability, and remote monitoring offer flexibility and cost-effective solutions for businesses in the digital age. Infrastructure management and IT support ensure technology efficiency and enable core business focus. The IT landscape is continually evolving, requiring a team of experts to navigate the complexities and stay ahead of the curve.
Market Research Overview
The Information Services Market is a dynamic and ever-evolving landscape that focuses on helping businesses optimize their IT operations for growth. It encompasses various services such as IT resolution speed, user satisfaction, IT troubleshooting, IT budgeting, and IT vendor management. In today's digital world, businesses require a team of experts to manage technical debt, ensure data protection, and provide cybersecurity solutions. Response time and network downtime are critical factors that impact business efficiency and productivity. Cloud computing, scalability, and remote monitoring are essential components of modern IT infrastructure management. Cost reduction and cost-effective solutions are key drivers for businesses looking to outsource IT support. Business continuity and disaster recovery plans are crucial for mitigating data loss and service interruptions. Cybersecurity threats, social engineering scams, and cyberattacks pose significant risks in the digital age. Up-to-date software, secure infrastructure, and cybersecurity awareness training are essential to minimize these risks. IT asset management, infrastructure management, and IT support are critical for maintaining a future-proofed and productive digital workspace. In summary, the Information Services Market offers businesses a range of services to help them navigate the complexities of the digital world, reduce costs, improve efficiency, and enhance customer satisfaction. From IT budgeting and IT support to cybersecurity and cloud solutions, businesses can leverage the expertise of IT professionals to stay ahead of the curve and focus on their core business.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
-- Type
-- News Syndicates
-- Libraries And Archives
-- End-user
-- Automotive
-- Healthcare
-- Retail
-- Manufacturing
-- Others
-- Geography
-- APAC
-- North America
-- Europe
-- South America
-- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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