Burton-Taylor International Consulting LLC, a recognized leader in information industry market research, strategy and business consulting, on January 11, 2011 will release a report indicating the 2010 global spend for market data and analysis was up 4.23% versus 2009, to reach US$23.73 billion. The data will also show that, for the first time since 2008, the appetite for financial market data/analysis grew in all three major regions; the Americas, Europe, Middle East and Africa (EMEA) and Asia. Thomson Reuters continued to hold the overall market share lead in the industry, at 33.3%, but Bloomberg closed the gap by exiting 2010 with 30.2%.
Publishing tomorrow, the 155 page Burton-Taylor Financial Market Data/Analysis Global Share & Segment Sizing 2011 - Key Competitors, Global Market Share 2005-10, Global Segment Sizing 2007-10, Global Product Mix 2007-10, Global User Mix 2007-10, Global Institution Mix 2007-10 report shows that Morningstar, FactSet and S&P/CapIQ have the highest five year growth rates for market data/analysis vendors with at least 25% of revenue coming from outside the country where they are based. The report also indicates that Mid & Back-Office users showed the highest growth in demand over the last three years and that Order Management, Clearing and Valuation products were the fastest growing over the period.
â2010 began with great uncertainty, but ended with solid growth and a positive eye to the future for market data users and vendors,â says Douglas B. Taylor, Managing Partner of Burton-Taylor. âGrowing deal volumes in the investment banking sector, increased activity in the asset management space, infrastructural demands in key emerging markets, and the continued growth of algorithmic trading and valuation feeds will keep momentum positive in 2011.â
âPre-publication orders for our Complete report have been incredibly strong, partly because it has been expanded this year to include more than 20 charts detailing demand by product type, market share by product type, demand by user type, market share by user type and demand by institutional buyer type, and partly because pre-publication orders receive a 5% discount this year,â Taylor says. âThe expanded research adds to our normal review of a dozen of the top market data/analysis companies, their global market share details and purchasing segment demand sizing data to produce a complete picture of market data supply, demand, product and user mix. To my knowledge, this level of detail has never before been published for our industry. Burton-Taylor are proud to be the first.â