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Outsell: Revenue growth slowed for information industry in 2007

Published on .

Burlingame, Calif.—Revenue growth for the information industry slowed 5.3% last year to $381 billion, compared with 6% growth in 2006, according to a report released Monday by market research and advisory company Outsell. The report, “Information Industry Market Size and Share Rankings: Preliminary 2007 Results,” analyzed data on the information industry as a whole, as well as 12 separate segments. These segments included b-to-b trade publishing; company information; market research, reports and services; IT and telecom research. “The segments showed mixed financial results, with news publishers and providers, as we predicted, experiencing a decline of 2.5%,” said Kate Worlock, director-market intelligence service at Outsell, in a news release. “At the other end of the spectrum, search, aggregation and syndication continued to prosper, with growth estimated at 25.5%.” Google, which retained its No. 1 position among information providers for the second year in a row, saw its growth decline in 2007 to 57.5%, compared with 72.8% in 2006, the report said. Growth for Google’s chief rival, Yahoo, slowed to 9.7% in 2007 from 22.2% in 2006.
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