Business information market 2023-2027. A descriptive analysis of parent market, five forces model, market dynamics, and segmentation- Technavio

NEW YORK, Dec. 20, 2022 /PRNewswire/ --According to Technavio, the global business information market size is estimated to grow by USD 80.42 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 8.2% during the forecast period. North America held the largest share of the global market in 2022, and the market in the region is estimated to witness an incremental growth of 43%. 

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Business information market - Parent Market Analysis

Technavio categorizes the global business information market as a part of the global data processing and outsourced services market, which covers companies offering IT consulting and system integration services, application services, electronic data processing services, business process outsourcing services, infrastructure services, and Internet services.

Find insights on parent market & value chain analysis, and download an exclusive sample!

Global Business Information Market - Five Forces
The global cloud data warehouse market is fragmented, and the five forces analysis covers– 

• Bargaining Power of Buyers 
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
• Threat of Substitutes
• Interpretation of porter's five models helps to strategize the business, for entire details – buy the report!

Business information market – Customer Landscape 

The report includes the market's adoption lifecycle, from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Business Information Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on type, end-user (BFSI, healthcare and life sciences, manufacturing, retail, and others), application (B2B and B2C), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

• By end-user, the market growth will be significant in the BFSI segment during the forecast period. The segment is driven by the increased use of business information solutions in various applications such as credit risk reports, credit scores of individuals, compliance solutions, collaboration, audit management, corporate performance management, and firm management.

Geography Overview
By geography, the global business information market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global business information market.

• North America is estimated to contribute 43% to the growth of the global market during the forecast period. The early development and maturity of various sectors such as finance, healthcare, retail, automotive, information technology, telecommunications, and others are driving the growth of the regional market. In addition, the growing need for the understanding of customer preferences, the latest trends, and changing demographics is fueling the growth of the business intelligence market in North America.

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Business information market – Market Dynamics

Key factor driving market growth

• The market is driven by the need for enterprise business strategies to meet changing customer preferences.
• Businesses across industries are continuously learning changing customer behaviors, preferences, and demographics to devise their business and promotional strategies accordingly.
• They are leveraging business intelligence solutions to their target audience, understand current trends, and develop marketing strategies to sustain and boost their market shares.
• The data obtained will also help companies to modify their products, services, and marketing and promotional activities to reach customers tactfully.
• Thus, the rising need for adapting to changing customer preferences among enterprises will drive the growth of the global business intelligence market during the forecast period.

Leading trends influencing the market

• The provision of customer-centric solutions is identified as the key trend in the market.
• Customers continuously seek products and services that offer a better return on investment. Hence, businesses are exploring opportunities to increase their brand value by offering products and services that meet evolving customers' needs.
• To cater to this growing demand, vendors are developing the development of customer-centric solutions that have a direct effect on their customer's business goals, such as cost reduction, productivity improvement, and revenue growth.
• This is helping vendors in expanding their portfolio of offerings that include both conventional and data-centric solutions.
• This trend is expected to have a positive impact on the growth of the global business intelligence market during the forecast period.

Major challenges hindering market growth

• The threat of data misappropriation and theft is one of the major challenges hindering market growth.
• Many enterprises use business information solutions over the cloud, which increases the risk of critical data being accessed by unauthorized entities. This could lead to the loss or theft of data if the connection is not secure.
• Such incidents can impact the reputation of business information providers and lead to a decline in their revenues. This, in turn, will reduce the growth of the market in focus.

Driver, Trend, and Challenges are the factor of market dynamics that state about consequences & sustainability of the businesses, find some insights from a sample report!

What are the key data covered in this business information market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the business information market between 2023 and 2027
• Precise estimation of the size of the business information market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the business information market industry across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of business information market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global business information market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global business information market 2017 - 2021 ($ billion)

• 4.2 End-User Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – End-User Segment 2017 - 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Application Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 32: Chart on Comparison by End-user
• Exhibit 33: Data Table on Comparison by End-user

• 6.3 BFSI - Market size and forecast 2022-2027
• Exhibit 34: Chart on BFSI - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on BFSI - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on BFSI - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on BFSI - Year-over-year growth 2022-2027 (%)

• 6.4 Healthcare and life sciences - Market size and forecast 2022-2027 
• Exhibit 38: Chart on Healthcare and life sciences - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Healthcare and life sciences - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Healthcare and life sciences - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Healthcare and life sciences - Year-over-year growth 2022-2027 (%)

• 6.5 Manufacturing - Market size and forecast 2022-2027
• Exhibit 42: Chart on Manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 43: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ billion)
• Exhibit 44: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)

• 6.6 Retail - Market size and forecast 2022-2027
• Exhibit 46: Chart on Retail - Market size and forecast 2022-2027 ($ billion)
• Exhibit 47: Data Table on Retail - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Chart on Retail - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Retail - Year-over-year growth 2022-2027 (%)

• 6.7 Others - Market size and forecast 2022-2027
• Exhibit 50: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 51: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by End-user 
• Exhibit 54: Market opportunity by End-user ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments 
• Exhibit 55: Chart on Application - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Application - Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 57: Chart on Comparison by Application
• Exhibit 58: Data Table on Comparison by Application

• 7.3 B2B - Market size and forecast 2022-2027
• Exhibit 59: Chart on B2B - Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on B2B - Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on B2B - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on B2B - Year-over-year growth 2022-2027 (%)

• 7.4 B2C - Market size and forecast 2022-2027
• Exhibit 63: Chart on B2C - Market size and forecast 2022-2027 ($ billion)
• Exhibit 64: Data Table on B2C - Market size and forecast 2022-2027 ($ billion)
• Exhibit 65: Chart on B2C - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on B2C - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Application 
• Exhibit 67: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 81: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 93: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 UK - Market size and forecast 2022-2027
• Exhibit 97: Chart on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.10 China - Market size and forecast 2022-2027
• Exhibit 101: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 109: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 110: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 111: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Bloomberg L.P 
• Exhibit 120: Bloomberg L.P - Overview
• Exhibit 121: Bloomberg L.P - Product / Service
• Exhibit 122: Bloomberg L.P - Key news
• Exhibit 123: Bloomberg L.P - Key offerings

• 12.4 Capita Plc 
• Exhibit 124: Capita Plc - Overview
• Exhibit 125: Capita Plc - Business segments
• Exhibit 126: Capita Plc - Key offerings
• Exhibit 127: Capita Plc - Segment focus

• 12.5 CQG 
• Exhibit 128: CQG - Overview
• Exhibit 129: CQG - Product / Service
• Exhibit 130: CQG - Key offerings

• 12.6 Deloitte Touche Tohmatsu Ltd. 
• Exhibit 131: Deloitte Touche Tohmatsu Ltd. - Overview
• Exhibit 132: Deloitte Touche Tohmatsu Ltd. - Business segments
• Exhibit 133: Deloitte Touche Tohmatsu Ltd. - Key offerings
• Exhibit 134: Deloitte Touche Tohmatsu Ltd. - Segment focus

• 12.7 Dun and Bradstreet Holdings Inc. 
• Exhibit 135: Dun and Bradstreet Holdings Inc. - Overview
• Exhibit 136: Dun and Bradstreet Holdings Inc. - Business segments
• Exhibit 137: Dun and Bradstreet Holdings Inc. - Key offerings
• Exhibit 138: Dun and Bradstreet Holdings Inc. - Segment focus

• 12.8 Equifax Inc. 
• Exhibit 139: Equifax Inc. - Overview
• Exhibit 140: Equifax Inc. - Business segments
• Exhibit 141: Equifax Inc. - Key news
• Exhibit 142: Equifax Inc. - Key offerings
• Exhibit 143: Equifax Inc. - Segment focus

• 12.9 Ernst and Young Global Ltd. 
• Exhibit 144: Ernst and Young Global Ltd. - Overview
• Exhibit 145: Ernst and Young Global Ltd. - Product / Service
• Exhibit 146: Ernst and Young Global Ltd. - Key offerings

• 12.10 Experian Plc 
• Exhibit 147: Experian Plc - Overview
• Exhibit 148: Experian Plc - Business segments
• Exhibit 149: Experian Plc - Key news
• Exhibit 150: Experian Plc - Key offerings
• Exhibit 151: Experian Plc - Segment focus

• 12.11 FactSet Research Systems Inc. 
• Exhibit 152: FactSet Research Systems Inc. - Overview
• Exhibit 153: FactSet Research Systems Inc. - Business segments
• Exhibit 154: FactSet Research Systems Inc. - Key offerings
• Exhibit 155: FactSet Research Systems Inc. - Segment focus

• 12.12 Informa Plc 
• Exhibit 156: Informa Plc - Overview
• Exhibit 157: Informa Plc - Product / Service
• Exhibit 158: Informa Plc - Key offerings

• 12.13 KPMG International Cooperative 
• Exhibit 159: KPMG International Cooperative - Overview
• Exhibit 160: KPMG International Cooperative - Business segments
• Exhibit 161: KPMG International Cooperative - Key news
• Exhibit 162: KPMG International Cooperative - Key offerings
• Exhibit 163: KPMG International Cooperative - Segment focus

• 12.14 PricewaterhouseCoopers LLP 
• Exhibit 164: PricewaterhouseCoopers LLP - Overview
• Exhibit 165: PricewaterhouseCoopers LLP - Product / Service
• Exhibit 166: PricewaterhouseCoopers LLP - Key offerings

• 12.15 RELX Plc 
• Exhibit 167: RELX Plc - Overview
• Exhibit 168: RELX Plc - Business segments
• Exhibit 169: RELX Plc - Key offerings
• Exhibit 170: RELX Plc - Segment focus

• 12.16 Thomson Reuters Corp. 
• Exhibit 171: Thomson Reuters Corp. - Overview
• Exhibit 172: Thomson Reuters Corp. - Business segments
• Exhibit 173: Thomson Reuters Corp. - Key offerings
• Exhibit 174: Thomson Reuters Corp. - Segment focus

• 12.17 Wolters Kluwer NV 
• Exhibit 175: Wolters Kluwer NV - Overview
• Exhibit 176: Wolters Kluwer NV - Business segments
• Exhibit 177: Wolters Kluwer NV - Key offerings
• Exhibit 178: Wolters Kluwer NV - Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 179: Inclusions checklist
• Exhibit 180: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 181: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 182: Research methodology
• Exhibit 183: Validation techniques employed for market sizing
• Exhibit 184: Information sources

• 13.5 List of abbreviations 
• Exhibit 185: List of abbreviations

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.

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