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Information Services Market to Grow by USD 182.8 Billion by 2029, Use of Services for Risk Management Boosts Market, AI-Powered Market Evolution Report – Technavio

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NEW YORK, Feb. 4, 2025 /PRNewswire/ — Report on how AI is driving market transformation – The global information services market size is estimated to grow by USD 182.8 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of over 15.8% during the forecast period. Use of information services for risk management is driving market growth, with a trend towards emergence of ai in information management. However, data misappropriation, theft, and cybersecurity issues poses a challenge. Key market players include Agence France Presse, AGS Corp., Australian Associated Press Ltd., Bloomberg LP, Clarivate PLC, FUJIFILM Holdings Corp., GISP Group, Moodys Corp., News Corp., Nexstar Media Group Inc., RELX Plc, S and P Inc., The New York Times Co., Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV.

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Information Services Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 15.8%

Market growth 2025-2029

USD 182.8 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

13.3

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 37%

Key countries

US, China, Japan, UK, India, Germany, Canada, South Korea, France, and Italy

Key companies profiled

Agence France Presse, AGS Corp., Australian Associated Press Ltd., Bloomberg LP, Clarivate PLC, FUJIFILM Holdings Corp., GISP Group, Moodys Corp., News Corp., Nexstar Media Group Inc., RELX Plc, S and P Global Inc., The New York Times Co., Thomson Reuters Corp., United Press International Inc., and Wolters Kluwer NV

Market Driver

In today’s digital world, Information Services play a crucial role in business growth. Helpdesk services ensure IT resolution speed, leading to increased user satisfaction and productivity. IT budgeting, IT vendor management, and IT asset management help reduce costs and improve efficiency. However, technical debt, network downtime, and cybersecurity threats pose challenges. A team of experts offers cost-effective expertise, providing up-to-date software, network security, and IT support. Data protection and cybersecurity are essential, with security awareness training and social engineering scam prevention. Cloud computing offers scalability, business continuity, and disaster recovery. Remote monitoring and infrastructure management ensure network redundancy and secure infrastructure. Cost-effective solutions, IT support, and digital workspace management enhance productivity and customer satisfaction. Future-proofed services help businesses stay ahead in the digital age. 

Multiple businesses worldwide are incorporating Artificial Intelligence (AI) into their information services to automate processes and boost efficiency. The integration of AI assists in data extraction and processing, reducing the need for manual labor in mundane tasks such as paperwork. This enhancement not only improves the return on investment for enterprises but also minimizes costs. Furthermore, AI technology aids in categorizing and tagging information, ensuring easy access and retrieval in the future. By integrating AI into information services, businesses can streamline their operations and maintain data integrity. 

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Market Challenges

In today’s digital world, businesses face numerous challenges in managing their Information Services. Business growth brings the need for IT budgeting, scalability, and cost reduction. Helpdesk services ensure IT resolution speed and user satisfaction, but IT troubleshooting and cybersecurity threats require a team of experts. Technical debt, network downtime, and cyberattacks pose significant risks, necessitating data protection and cybersecurity measures. Cost-effective solutions, IT asset management, and business continuity plans are essential for mitigating data loss and service interruptions. Cloud computing offers flexibility and up-to-date software, but IT vendor management and infrastructure management are crucial for secure and future-proofed services. Response time, cybersecurity threats, and social engineering scams demand continuous security awareness training. Remote monitoring and network redundancy ensure productivity and customer satisfaction. IT support, computer hardware, and software maintenance are essential for maintaining an efficient and secure digital workspace. In conclusion, businesses must navigate the complexities of the IT landscape to achieve cost reduction, centralization, and a focus on core business functions. Partnering with experts can provide cost-effective expertise, flexibility, and peace of mind in the face of ever-evolving technology.Information service providers handle vital and confidential data for both enterprises and individuals. Unauthorized access to this data due to data breaches or insecure digital sharing can result in significant financial losses. With the rise of online security threats and fraudulent activities, particularly in banking transactions, stringent regulations have been imposed. Banks are compelled to invest in advanced technologies to maintain the necessary capital adequacy ratio and safeguard their clients’ information. The secure transfer and storage of data are essential to prevent data theft or loss, especially with the increasing use of cloud services.

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Segment Overview

This information services market report extensively covers market segmentation by

TypeNews SyndicatesLibraries And ArchivesEnd-userAutomotiveHealthcareRetailManufacturingOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And AfricaFunction TypeData Backup And RecoveryNetwork Monitoring And SecurityHuman ResourceSystem Management

1.1 News syndicates- News syndicates aggregate content from various sources, supplying organizations, media outlets, and individuals with a wide range of timely and reliable information. In today’s fast-paced world, quick access to global, national, and local news is essential for informed decision-making and market analysis. News syndicates distribute content across multiple channels, including print, digital, broadcast, and social media platforms, ensuring wide reach and accessibility. Businesses, government agencies, and PR firms utilize news syndicates for media monitoring, sentiment analysis, and competitive intelligence, gaining valuable insights into public perception, industry trends, and competitive landscapes. Mobile-based information services, such as those offered by Bloomberg LP and Thomson Reuters Corp., provide real-time updates on market events, news, and research articles, further enhancing the value proposition of news syndicates. These factors contribute to the growth of the news syndicate segment within the global information services market.

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Research Analysis

In the dynamic world of Information Services, businesses seek to optimize their IT operations for growth and efficiency. Helpdesk and IT resolution speed are crucial for user satisfaction, while IT budgeting and technical debt management help keep costs in check. Cybersecurity and data protection are essential components of any IT strategy, ensuring response time and network downtime are minimized. Cloud computing offers scalability and cost-effective solutions, while IT vendor management ensures alignment with core business focus. IT support teams, equipped with expertise in IT troubleshooting and infrastructure management, provide essential services in the digital age. Business continuity and disaster recovery plans are vital for mitigating risks, and remote monitoring enables proactive IT management. IT asset management and cost reduction are ongoing priorities, with security awareness training and protection against social engineering scams essential for maintaining a cybersecurity posture. In the ever-evolving technology landscape, IT services continue to play a pivotal role in driving business success.

Market Research Overview

The Information Services Market is a dynamic and ever-evolving landscape that focuses on helping businesses optimize their IT operations for growth. This market encompasses various services including IT resolution speed, user satisfaction, IT troubleshooting, IT budgeting, and IT vendor management. It also addresses technical debt, data protection, cybersecurity, and response time to minimize network downtime. Cloud computing plays a significant role in this market, offering scalability, cost-effectiveness, and flexibility. Businesses can benefit from a team of experts who provide cost-effective solutions and help manage IT assets. The digital world presents numerous challenges such as cybersecurity threats, data loss, and service interruptions. To mitigate these risks, the market offers services like security awareness training, social engineering scams prevention, and business continuity planning. Disaster recovery and remote monitoring are essential for maintaining secure infrastructure and up-to-date software. The market also provides future-proofed services that help businesses stay productive and focused on their core business. In summary, the Information Services Market offers a range of services designed to help businesses navigate the digital world efficiently, reduce costs, and ensure business continuity. From IT support and infrastructure management to cybersecurity and cloud solutions, this market is an essential partner for businesses seeking to thrive in today’s technology-driven economy.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeNews SyndicatesLibraries And ArchivesEnd-userAutomotiveHealthcareRetailManufacturingOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And AfricaFunction TypeData Backup And RecoveryNetwork Monitoring And SecurityHuman ResourceSystem Management

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Crab2B Makes AsiaWorld-Expo Debut, Connecting Hong Kong’s Mobile Wholesalers with Global Buyers

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October 18, 2026

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HONG KONG, Oct. 18, 2026 /PRNewswire/ — Crab2B, a pioneering B2B trading platform dedicated to mobile devices and digital products, will make its debut at the HKICEC Global Mobile Exchange Pavilion during the Global Sources Hong Kong Shows, opening at AsiaWorld-Expo on October 18, 2026.

Hong Kong has long been a major hub for electronics wholesale trade, but buyers still often rely on fragmented channels to identify suppliers. Crab2B was created to bridge this gap, bringing Hong Kong-based mobile and digital product wholesalers together on one dedicated B2B platform. Headquartered in Hong Kong, Crab2B combines the manufacturing strength of mainland China and the Greater Bay Area’s extensive supply chain capabilities with Hong Kong’s established global trading network. Together, these strengths enable Crab2B to simplify cross-border sourcing, connect buyers directly with suppliers and make international trade more accessible and efficient.

For its first appearance at a major industry trade show, Crab2B is bringing together more than 200 merchants already registered on the platform, marking a significant milestone in its development. The Crab2B booth is expected to attract electronics traders from Southeast Asia, Europe, the Middle East and beyond. Visitors will be able to discover the app’s capabilities through live demonstrations, register on the platform and connect directly with participating merchants to explore business opportunities.

A buyer who experienced the Crab2B app shared: “With Crab2B, we no longer have to search far and wide for reliable suppliers. The platform brings Hong Kong’s mobile phone wholesalers together in one place, giving us greater visibility into available products and sourcing opportunities. Whether I’m at my desk or on the move, I can find products and connect with suppliers whenever I need to. For businesses like ours that source across borders, that kind of access makes a real difference. It saves time, reduces transaction costs and helps us do business more efficiently.”

Crab2B CEO Luo Yaohong said, “We want to be pioneers in cross-border B2B trading for digital products, creating new opportunities for Hong Kong’s wholesale industry. As Hong Kong places greater emphasis on developing digital trade, we’re addressing a longstanding gap in the market with a dedicated digital platform that connects Hong Kong’s electronics suppliers directly with buyers around the world. Our ambition is to make cross-border trading easier, faster and more accessible, while helping Hong Kong businesses reach new markets.”

The platform’s trade show debut is also attracting attention from international merchants, with exhibitors expressing interest in joining Crab2B to expand their reach into overseas markets. Meanwhile, merchants already registered on the platform are looking forward to the launch of its planned online marketplace, which will create further opportunities for sustained collaboration and business growth.

Building on this debut, Crab2B will remain firmly rooted in Hong Kong while expanding its connections with businesses around the world. The company will continue to enhance its platform with smarter sourcing tools, more comprehensive trading capabilities and an increasingly connected network of suppliers and buyers. By making it easier to discover products, establish business relationships and conduct cross-border transactions, Crab2B aims to open new opportunities for merchants of all sizes and help shape the next chapter of Hong Kong’s digital trade industry.

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SOURCE Crab2B

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Canton Fair Buyers Alliance Launched as the 140th Edition Opens

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October 18, 2026

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On October 15, the Canton Fair Buyers Alliance was officially launched at the Canton Fair Complex, marking a significant milestone as the fair celebrates the 70th anniversary of its founding.

More than 140 overseas buyers attended the launch ceremony, highlighting the fair’s enduring role as a bridge connecting global commerce with China’s export sector.

Speaking at the ceremony, Luís Vilariça, CEO of Joinco, Import & Export, Ltd., discussed his company’s long-standing relationship with the Canton Fair. Drawing on years of participation, he reflected on the growth opportunities created through cooperation with Chinese suppliers and highlighted the fair’s role in supporting international business development and global trade exchanges.

The ceremony also featured a joint declaration by alliance members. Representatives from five member companies read the statement in their respective native languages, underscoring the international character of the new organization. Additional members sent video congratulatory messages, joining the celebration and witnessing the official launch of the alliance.

The Canton Fair Buyers Alliance represents one of the fair’s key service innovations. Designed primarily for Fortune Global 500 companies, buyers from the world’s top 250 retailers and leading sourcing enterprises across a diverse range of markets, the alliance aims to offer members a platform for information sharing and resource coordination. The first cohort of alliance members includes 58 companies from 32 countries and regions across 5 continents. Through the alliance, members will gain access to a range of priority benefits spanning four major areas: services, events, resources and information.

 For more convenient attendance, please click here for pre-registration:

https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

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SOURCE Canton Fair

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Bioethanol from human hair – Indian start-up’s solution to rising prices of grains and sugar

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October 18, 2026

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GUJARAT, India, Oct. 17, 2026 /PRNewswire/ — In what could be called the beginning of the 5G (fifth-generation) of bioethanol or non-cellulosic bioethanol or non-sugar-based biofuels, an Indian start-up, Techofest Global, based out of Gujarat, has developed its own, indigenous, and patented technology for the production of bioethanol from waste human hair. Such processes would significantly reduce the employment of sugars, grains, and agricultural residues, which form the classical first- and second-generation bioethanol feedstocks. As a result, the rising fuel-vs.-food/fodder debate is anticipated to reduce, and instead, ethanol produced from municipal/industrial waste, after trials, can supplement the current supply being used as blends with presently retailed fossil fuels (E20, E27, etc.). 

As stated by Dr. Ravi, the founder-CEO of Techofest Global, the strategic priority and the USP of the start-up is industrial symbiosis, which, typically, involves an ecosystem of up-cycling/valorising the effluents of an industry, thereby creating a value-chain for residues often lacking an end-of-life. With more than three decades of experience in designing customized nuclear fusion reactors for international programmes, such as ITER, JET/UKAEA and SST-1, Dr. Ravi, a seasoned mechanical engineer, spearheads the start-up’s patented technologies’ scale-up and commercialization.

Two biochemical engineers, Dr. Navnit – the former CTO, and Dr. Kabilan – the former CEO of Biomakerz, Chennai, are the brains behind the current technology/process portfolio of the joint-venture between Techofest Global and Biomakerz. They have been working on biorefineries’ process intensification for more than a decade. “Having foreseen the fuel-vs-fodder/food competition as early as the year 2015, we began developing techno-economically feasible and viable in-vitro metabolically-engineered bioprocesses for scaling-up ethanol production from municipal waste streams between 2019–2021”, says Navnit. After developing operational technologies for international biofuel organizations, serving process engineer roles with certain biorefineries-related OMC R&D’s of India, Dr. Navnit, presently works for a premier academic institution.

An on-going fermentation trial at the Techofest Global-Biomakerz JV’s R&D facility

Techofest Global has developed and tested, in its R&D JV’s pilot-facility of ~100-L, 3 innovative and cost-effective technologies, such as 5G ethanol production using human hair, used cooking oil (UCO), and enriched bio-methane production from disposed sanitary napkins.

“With massive CapEx and OpEx, 2G ethanol technology is facing a major commercialization bottleneck, owing to competition with food/livestock fodder, requirement of a cost-intensive pre-treatment procedure, and the requirement of cellulolytic cocktails, which have a poor recycle efficiency. The proprietary 5G SAFE process developed for the start-up circumvents the mentioned constraints, and instead, utilizes a single-stage saccharification followed by fermentation, and records over 85–90% biocatalyst recovery. Likewise, the proprietary SIM process for bio-methane production, exclusively developed for the start-up, is 2x faster with improved intermittent feeding cycles and continuous gas harvest”, says Navnit.

“With on-going pre-commercialization trials, the proprietary ethanol and bio-methane processes of ours are soon being commercialized”, says Ms. Bhumika, the co-founder and the corporate advisor of the start-up. Furthermore, Mr. Ronak pilots the organization’s global market entry and commercialization frontier.

Techofest Global’s veteran Principal Technology Advisors include: Dr VS Tripathi, former Joint Director, DRDE Gwalior, Dr B S Munjal, former Director, Structures and Thermal group, SAC/ISRO, Academician and Advisor CIKS-Dharohar, GTU, and Dr AV Santhanababu, former Scientist at Satish Dhawan Space Centre. With on-going R&D activities, Dr. Munjal says, “the start-up is striving to provide a unique solution along the lines of the Atmanirbhar and Viksit Bharat Vision 2047”.

Media Contact: www.techofestglobal.com; e-mail: info@techofestglobal.com; contact person: The PR team of Techofest Global.

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