Burton-Taylor survey indicates Risk Managers and Hedge Funds to lead demand; Africa content growing as an area of data need; Risk Management tools to remain strong
Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, is pleased to announce the results of their annual market data industry survey and 18 month growth forecast.
Last year, revenue in the financial market data/news space was up 1.10%, to US$25.88b. This year Burton-Taylor surveyed 85 key industry executives, including market data vendors, market data users or analysts and market data consultants, and asked them to forecast 2014 and 2015 growth by market data user type, by market data purchasing region, and by market data product type. The complete forecast may be downloaded free of charge, but key highlights include:
Demand by User Type – The weighted average of 85 survey responses suggests that Risk Managers and Hedge Funds will again be the user groups with the greatest organic revenue growth for vendors in 2014, with increases of 3.26% and 1.85% respectively.
Demand by Region - The weighted average of 85 survey responses suggests that China, Asia (ex Japan), India, Africa and Middle East will lead demand for market data and news in 2014 and 2015.
Demand by Product - The weighted average of 85 survey responses suggests that Risk Management Tools, Pricing & Reference Datafeeds and Valuation Data will show the strongest organic revenue growth in both 2014 and 2015.
"The results of our 2014-2015 survey are slightly more concerning than years past," says Douglas B. Taylor, Founder & Managing Partner of Burton-Taylor. "This is B-T's fifth annual forecast survey and the first when so many key industry leaders have projected higher growth for the current year than for the following year, indicating sentiment may have turned negative."
