The information service industry comprises establishments primarily involved in libraries, archives, news syndicate and all other information services.
The global information services market was valued at above $135 billion in 2017. Asia Pacific was the largest region in the information services market in 2017, accounting for above 30% market share. China was the largest country in the market in 2017, accounting for under 16% market share.
The convergence of library, museum and archive services is gaining popularity as they are inter-related in terms of their service offerings, and have therefore gained acceptance.
The top five companies covered are Bloomberg, RELX Group, Wolters Kluwer, Associated Press and Thomson Reuters. Bloomberg was the largest company in the information services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The information services market is segmented into Libraries, Archives, News Syndicates, and All Other Information Services.
Libraries engage in maintaining collections of documents (e.g. books, journals, newspapers, and music) and facilitating the use of such documents (regardless of its physical form and characteristics) to meet informational, research, educational, or recreational needs of their users.
Archives comprise establishments primarily involved in acquiring, researching, storing, preserving and giving access to public historical documents, photographs, maps, audio material, audiovisual material, and other archival material of historical interest. Most of the resources are electronically accessible.
News Syndicates comprise establishments primarily engaged in supplying information such as news reports, articles, pictures and features to the news media.
All Other Information Services industry comprises establishments primarily engaged in providing other information services except news syndicates, libraries, archives, internet publishing and broadcasting, and web search portals.