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Weekly News Digest

September 25, 2006 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITI’s Twitter account: @ITINewsBreaks.

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Outsell Releases Information Industry Outlook

Outsell, Inc. (http://www.outsellinc.com), the international research and advisory firm for the information industry, released Information Industry Outlook: FutureFacts 2007, its annual forecast of the trends and drivers fueling the information industry. The report predicts that the industry will reach $458 billion in revenues in the next 3 years, with a slow but steady compound annual growth rate (CAGR) of 6.4 percent from 2006 to 2009.

Industry sectors like search and market research—powered by companies like Google, Yahoo!, VNU, and IMS Health—will be among the high-growth segments. Outsell predicts that Search, Aggregation, and Syndication will achieve a CAGR of 17.3 percent over the next 3 years, reaching $68 billion in revenues, while Market Research, Reports & Services achieves a CAGR of 11.3 percent and revenues of $39.7 billion. In a reversal of fortune, the former titans of the information industry—news publishers—will experience just 1 percent growth through 2009 and will see their industry market share decline from 37 percent to 30.5 percent.

FutureFacts—which Outsell unveils each year at Go!, its signature industry event—summarizes the metrics, trends, and predictions for all key sectors of the industry and key customer groups that fuel their market, including advertisers, enterprises, and end users. FutureFacts draws extensively from Outsell's proprietary industry metrics and analytics. The firm's research includes market size and share statistics for more than 6,000 firms that create and aggregate information and make it commercially available online or offline. The organization also tracks the three major markets for information—end users, enterprise buyers, and advertisers—and has 7 years of information-user statistics and input, including results of in-depth interviews with more than 40,000 information consumers.

Source: Outsell, Inc.



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