Outsell: Information industry to reach $466 billion by 2011

Research company Outsell projects that revenue for the worldwide information industry is on track to reach $466 billion by 2011.

In its newly released “2008 Information Industry Market Size, Share & Forecast Report,” Outsell forecasts a compound annual growth rate of 4.5% for the information industry from this year through 2011, with the market essentially holding steady in 2009 and beyond despite the challenging economy and a contracting news segment.