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Report: Information Industry to Grow to $358 Billion by '08

Authored by Mark Hefflinger on September 19, 2005 - 9:42am.
Burlingame, Calif. -- Buoyed by the success of companies such as Yahoo and Google, the information industry is expected to reach $358 billion in annual revenue by 2008, according to a new report from California-based Outsell. Other companies leading the way will include Baidu, Interactive Data Corp., Greenfield Online and HealthStream, the firm said. Outsell expects the top performance in the industry to come in the search, aggregation and distribution segment, which is expected to grow its revenue 17% over the next three years. Of the eight segments covered, the most sluggish growth (3%) is forecast for the Yellow Pages segment.
tags: Reports | Grow | Information Industry |