LONDON, Aug. 31, 2016 /PRNewswire/ -- The information services market comprises establishments primarily engaged in operating news syndicates, libraries and archive facilities.
News syndicates source news, articles, pictures and other information from local and international agencies and make them available to individual customers and commercial establishments. Libraries and archives source books, journals, newspapers, music, photographs and historical documents from publishers and resellers and maintain, facilitate those documents for individual customers, government organizations and corporate customers. The information services market does not include internet publishing, broadcasting and web search portals.
The Broadcasting market was the largest market accounting for $XX billion followed by Publishing with $XX billion. The Information Services market was the third largest of the selected industries in 2015, accounting for $XX billion.
Asia was the largest geographic market in the information services market in 2015, accounting for $XX billion or XX% of the global market. Asia is the largest market because of higher population accessing the news syndicates and other information services. Americas was the second largest geographic market, accounting for $XX billion or XX% of the global market. Europe was the third largest geographic market, accounting for $XX billion or XX% of the global market. Oceania accounted for XX% and Middle East and Africa accounted for XX% of the global information services market.
Global per capita information services consumption grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to grow to $XX in 2019 at a CAGR of XX%.
Library, Museum and Archive Collaboration – The convergence of library, museum and archive is gaining popularity as they are inter-related in terms of their service offerings, and have therefore gained acceptance. For instance, the Museum of History & Industry and the University of Washington Libraries collaborated with the Association of King County Historical Organizations to address the challenges related with preserving collections and to provide greater access to the community.
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