The market for financial information can be defined in many ways. Most often it is understood to be the market used by investors who wish to study the stock market with an eye on decisions related to whether to invest in, and when to invest in, a particular company’s stock, a fund of stocks, or a particular industrial sector. The leaders in the field of financial information are Thomson Reuters and Bloomberg. Today’s market size is the estimated total worldwide of money spent on financial information in 2008.
Geographic reference: World
Year: 2008
Market size: $23.01 billion
Source: “Burton-Taylor Data Indicates Challenging Year for Thomson Reuters, Bloomberg and Financial Information/Analysis Market,” Press Release dated February 18, 2009 and available online here.
Original source: Burton-Taylor International Consulting L.L.C.
Very interesting post. Your own web site is swiftly turning out to be certainly one of my favorites.
I’m a Financial Advisor looking to sell my practice to someone younger? Are there any websites that can help?
IVA, I’m afraid this is not something we know much about.
I wish you luck with finding a buyer for your business.
There are certainly plenty of people in need of financial advice!
Cheers,
Monique
[One of the Editors]