Pune, India, October 10, 2022 (GLOBE NEWSWIRE) — Global business information market Size is projected to grow dramatically in the coming years due to increased demand for risk mitigation tools. Fortune Business Insights™ In a report titled “Business Information Market, 2021-2028”.
Business information is one of the key parts of a business strategy that helps an organization increase revenue and profitability. Business information tools provide detailed and accurate information on all funding, business operations and financial activities. Hence, the growing demand for risk mitigation tools from several industries is expected to drive the growth of this market.
Industrial development:
June 2020: Equifax Inc announces the launch of the “COVID + Credit Resource Center” to assist customers, provide valuable insights for financial management and mitigate the negative impact on credit during the COVID-19 pandemic.
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In recent years, there has been considerable development in the information and technology industry with the advent of mobile-based information and Internet services. So during his ongoing COVID-19 pandemic, there is a high demand for business information from all major industries around the world. This has had a positive impact on the growth of the business information market across several regions. Therefore, COVID-19 acts as a driving force for the growth of this market.
Driver/restraint:
Increased adoption of information-driven business strategies to revitalize the market
Major industries are increasingly adopting information-driven business strategies to scale their businesses. This is a key factor driving the growth of this market in several regions.
Market segmentation:
Based on end-users, the market is segmented into BFSI, healthcare and life sciences, manufacturing, retail, and others. By application, the market is segmented into manufacturing, healthcare, real estate, materials, energy, finance, industrial, and others. Geographically, the market is concentrated in North America, Europe, Asia Pacific, South America, Middle East and Africa.
Click here to see the short-term and long-term impact of COVID-19 on this market.
https://www.fortunebusinessinsights.com/business-information-market-104831
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This report contains a rigorous study of all the factors and trends driving and shaping market size, share and revenue. In addition, the report not only provides a microscopic examination of the obstacles hindering market growth, but also offers a careful analysis of the market segments. In addition, a detailed assessment of the market competitive landscape and regional outlook is also incorporated in the report.
Competitive environment:
Strategic alliances between key players to boost competition
Key players in the business information market are focusing on strategic partnerships to increase knowledge about business information. This has increased the competition among major players and helps them broaden their business horizons and expand their presence in the market.
List of major players covered in the Business Information Market report:
- Bloomberg Finance LP
- Deloitte Touche Tohmatsu Law Office
- Equifax Co., Ltd.
- Ernst & Young Global Limited
- Experian Information Solutions Co., Ltd.
- KPMG International Limited
- PricewaterhouseCoopers Private Limited
- RELX Group plc
- Walters Kluwer NV
- Thomson Reuters Holdings
- Dow Jones
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