Information Broker Service Market was valued at USD 10 Billion in 2022 and is projected to reach USD 20 Billion by 2030, growing at a CAGR of 8% from 2024 to 2030.
From 2023 to 2033, the information broker service market will likely experience a shift in client preferences. While traditional sectors like marketing, legal, and finance continue to demand information services, newer markets will also emerge. Healthcare, for example, will rely heavily on information brokers to help navigate the complex and rapidly changing regulatory environment. Additionally, the shift towards personalized services means that information brokers must be agile in adapting to evolving customer needs, offering more customized and niche insights. The rise of subscription-based models and SaaS solutions will also likely create opportunities for growth, enabling smaller businesses to access sophisticated data at a lower cost.
The demand for real-time, predictive analytics will grow as organizations increasingly value information that can guide future strategies. Brokers offering tailored, on-demand insights will be essential in meeting these needs. The use of big data analytics, coupled with emerging technologies like blockchain for secure data management, will elevate the value of these services, creating a lucrative growth avenue for information brokers.
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The global information broker service market has seen significant growth from 2018 to 2022, with companies and individuals increasingly relying on information brokers to gain insights, make informed decisions, and access valuable data. The demand for these services soared due to the rapid digital transformation and the need for data-driven decision-making across various industries. As businesses and consumers became more aware of the value that information brokers could provide, the market saw robust expansion during this period. Information brokers acted as intermediaries, sourcing, analyzing, and delivering relevant information tailored to their clients' specific needs, ranging from market research and financial data to social trends and legal insights.
As of 2023, the demand for information broker services is poised to continue its upward trajectory, though with some notable shifts in the market landscape. Emerging trends such as the increasing use of artificial intelligence (AI) and machine learning (ML) are likely to play a significant role in reshaping the industry. These technological advancements are enabling information brokers to offer more precise and real-time data, automating data collection and analysis for quicker, more accurate insights. Moreover, industries such as healthcare, e-commerce, and financial services are expected to be key drivers of market demand as they seek more specialized, actionable information to stay competitive.
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Acxiom
Experian
Equifax
CoreLogic
TransUnion
Oracle
Lifelock
H.I.G. Capital
PeekYou
TowerData
Alibaba
Bloomberg
Datasift
FICO
RELX
Thomson Reuters
Wolters Kluver
Ignite Technologies
HG Data
IBM
Morningstar
Qlik
IHS Markit
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Information Broker Service Market
BFSI
Retail and FMCG
Manufacturing
Media
Government Sector
Others
Based on Types the Market is categorized into Below types that held the largest Information Broker Service market share In 2023.
Subscription
Pay per Use Paid
Hybrid Paid
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Information Broker Service Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Information Broker Service Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Information Broker Service Market, By Type
6. Global Information Broker Service Market, By Application
7. Global Information Broker Service Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Information Broker Service Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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