In 2023, the leading market research company in terms of global research revenue was Gartner, generating approximately *** billion U.S. dollars. In the same year, American company IQVIA accrued roughly *** billion U.S. dollars. Market research companies - global players Market research is an important business strategy involving the gathering of information about an organization’s target market. In terms of global research revenue, American company Gartner was the leading market research company worldwide. Headquartered in the United States, the number of employees working for the company totaled ****** people in 2023. The sixth largest market research company in terms of global research revenue was Kantar. Kantar Group is a UK-based international network of ** companies, including Millward Brown and IMRB International. In 2022, the research revenue of Kantar amounted to approximately ***** billion U.S. dollars. Another European leader, and ranked seventh in the global ranking, was Ipsos. The company had a research revenue of over *** billion U.S. dollars. The largest share of market research revenue made by Ipsos was generated in Europe, the Middle East and Africa in 2023. United States dominant in a global market The global revenue of the market research industry reached over ** billion U.S. dollars in 2023, over half of which came from the United States. The number of full-time employees working for the top ten market research companies in the United States totaled almost ****** in 2020.

The global research revenue of the leading 50 market research firms in the United States combined increased significantly over the last two decades, reaching a value of nearly ** billion U.S. dollars in 2020.

This dataset contains financial information for the top 2000 global companies in 2024. It includes key metrics such as company name, country, sales, profit, assets, and market value. The data provides valuable insights into the financial performance and market presence of leading companies across various industries worldwide. Ideal for financial analysis, visualization, and global market research.

A global self-hosted Market Research dataset containing all administrative divisions, cities, addresses, and zip codes for 247 countries. All geospatial data is updated weekly to maintain the highest data quality, including challenging countries such as China, Brazil, Russia, and the United Kingdom.

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The global fintech market size reached approximately USD 226.71 Billion in 2024. The market is projected to grow at a CAGR of 16.80% between 2025-2034, reaching a value of around USD 1071.27 Billion by 2034.

The global fintech market is growing at a brisk pace, driven by technology progress and the expanding demand from customers for digital finance solutions. As the market continues to grow with a forecast CAGR of more than 15% in the forecast period, it is largely growing in North America. Prominent factors propelling this growth are regulatory policies, better security measures, and the emergence of digital banking. As financial companies adopt innovation, the international fintech market will continue its trend of growth.

The corporate wellness market size is predicted to reach USD 63.37 billion in 2024 to USD 91.95 billion by 2030, growing at a CAGR of 6.40% from 2025 to 2030.

In 2023, the methodology that contributed most to the revenue of market research companies was online/mobile quantitative research with ** percent of the market share. Second in the list was automated digital/electronic, with *** percent.

The luggage market was valued at USD 53.4 billion in 2023 and is projected to grow at over 6.1% CAGR from 2024 to 2029, reaching USD 76.3 billion by 2029, driven by rising tourism.

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Know Your Business Market Outlook

According to our latest research, the global Know Your Business (KYB) market size reached USD 3.7 billion in 2024, with a robust growth trajectory underpinned by increasing regulatory compliance requirements and digital transformation across industries. The market is experiencing a strong compound annual growth rate (CAGR) of 18.2% and is forecasted to reach USD 10.6 billion by 2033. This remarkable growth is primarily driven by the rising demand for advanced business verification solutions, increasing incidents of financial fraud, and the proliferation of digital onboarding processes. As per our latest research, the Know Your Business market is poised for significant expansion, supported by evolving regulatory frameworks and the integration of advanced technologies in business verification.

A primary growth factor for the Know Your Business (KYB) market is the intensification of global regulatory requirements. Governments and regulatory bodies worldwide are enforcing stricter anti-money laundering (AML) and counter-terrorist financing (CTF) mandates, compelling organizations to implement robust KYB solutions. The surge in cross-border transactions and the expansion of global supply chains have made it essential for businesses to verify the legitimacy of their partners, vendors, and clients. This regulatory pressure is particularly prominent in sectors such as banking, financial services, insurance, and fintech, where compliance lapses can result in hefty fines and reputational damage. The need to adhere to evolving regulations such as the EU’s 6th AML Directive and the US Bank Secrecy Act is fueling the adoption of comprehensive KYB solutions, ensuring that businesses can mitigate risks associated with money laundering and fraudulent activities.

Another significant driver is the digital transformation sweeping across industries, which has fundamentally altered the way organizations interact with their business partners. The migration to digital platforms and the adoption of cloud-based services have increased the exposure to cyber threats and fraudulent entities. As companies embrace digital onboarding and remote business relationships, the demand for automated and scalable KYB solutions has escalated. Digital KYB platforms leverage artificial intelligence, machine learning, and big data analytics to streamline verification processes, reduce manual intervention, and enhance accuracy. These technological advancements enable organizations to efficiently screen large volumes of business entities, detect suspicious activities, and maintain comprehensive audit trails, thereby fostering trust and operational efficiency in an increasingly digital economy.

The proliferation of financial fraud and identity theft has also contributed significantly to the growth of the KYB market. Fraudsters are employing increasingly sophisticated tactics to exploit vulnerabilities in business onboarding and transaction processes. This has heightened the urgency for organizations to deploy advanced fraud prevention mechanisms as part of their KYB framework. The integration of real-time data analytics, biometrics, and blockchain technology in KYB solutions allows businesses to proactively identify and flag high-risk entities, ensuring the integrity of business relationships. The rising incidence of fraud in sectors such as banking, e-commerce, and fintech has led to greater investments in KYB platforms that offer end-to-end verification, continuous monitoring, and rapid detection of anomalies, thereby safeguarding organizational assets and reputation.

Regionally, North America remains the largest contributor to the global KYB market, driven by stringent regulatory frameworks, high digital adoption rates, and the presence of leading technology vendors. Europe follows closely, with regulatory initiatives such as GDPR and AMLD6 further propelling market growth. The Asia Pacific region is witnessing the fastest growth, fueled by rapid digitalization, expanding fintech ecosystems, and increasing awareness of compliance requirements among businesses. Latin America and the Middle East & Africa are gradually catching up, with governments introducing new regulations and businesses investing in digital transformation initiatives. The regional outlook for the KYB market underscores the importance of compliance, technological innovation, and cross-border collaboration in shaping the future of business verification.

Component Analysis&l

According to Cognitive Market Research, the global business information service market size was USD 51245.2 million in 2024. It will expand at a compound annual growth rate (CAGR) of 6.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 20498.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 15373.56 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 11786.40 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 2562.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 1024.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2031.
The BFSI category is the fastest-growing segment of the business information service industry.

Market Dynamics of Business Information Services Market

Key Drivers for Business Information Services Market

Rising Need for Data-Driven Decisions to Boost Market Growth

The business information service market is increasing because the importance of data in the development of plans and effective operation is being recognized by more and more firms, which is driving demand for business information services to stay ahead of the competition in today's market, businesses need rapid and reliable information to see patterns in the market, analyze customer behavior, and improve internal operations. Moreover, to meet this demand, companies are investing in business intelligence solutions, reporting tools, and advanced analytics so that they can make better decisions that boost productivity and profits. Businesses are always searching for new ideas to improve their responsiveness, which is driving market growth. For instance, Infosys, a global leader in next-generation digital services and consulting, and IBM launched a global alliance to help businesses use the IBM public cloud to speed up their digital transformation. By using the IBM public cloud’s security, open innovation, and enterprise features, the partnership will help businesses, even those in highly regulated fields like healthcare, financial services, and insurance, move, update, and change their business workloads and apps.

Technological Advancements to Drive Market Growth

The business information service industry has been expanding at a steady rate, propelled by innovations in technology that improve the capacity to gather, analyze, and report on data. Companies can now swiftly handle massive volumes of data and get useful insights due to advancements in AI, ML, and big data analytics. Additionally, decision-makers find it easier to comprehend data because of the advent of visualization tools and dashboards that are easy to use. With the rise of cloud-based solutions, businesses are able to access analytics and data in real time, which improves collaboration and allows for more informed decision-making. Furthermore, businesses are better able to respond to shifting market conditions as a result of this technical growth, which in turn is leading to the business information service market expanding.

Restraint Factor for the Business Information Service Market

High Initial Investments Will Limit Market Growth

A major obstacle to market growth in the business information service sector is due to high starting costs for technology deployment and infrastructure development. Many businesses, particularly smaller and medium-sized ones, find the high prices of purchasing sophisticated software, hardware, and data analytics tools to be too much to bear. Additionally, a major obstacle in the business information service sector is the shortage of trained workers; many companies have trouble finding people who can properly analyze and understand complicated data. Further straining budgets are continuing expenditures associated with data protection, staff training, and system maintenance. The market's overall growth could be slowed due to the financial load.

Impact of Covi...

Small Business Market size was valued at USD 1901 Billion in 2023 and is projected to reach USD 3305 Billion by 2031, growing at a CAGR of 8.6% during the forecast period 2024-2031.Global Small Business Market DriversThe market drivers for the Small Business Market can be influenced by various factors. These may include:Digital Transformation: Small businesses are increasingly adopting digital tools and technologies to streamline operations, enhance customer engagement, and gain a competitive edge. Cloud computing, e-commerce platforms, CRM systems, and digital marketing are among the key technologies that small businesses are leveraging to scale and improve efficiency. This digital shift has been accelerated by the COVID-19 pandemic, which underscored the necessity of having an online presence and digital infrastructure.Access to Capital: Small business financing is becoming more accessible, with the rise of alternative lending platforms, microloans, and crowdfunding. Traditional banks are also adapting by offering more flexible loan products tailored to small businesses. Government initiatives and grants aimed at stimulating economic recovery post-pandemic have provided additional sources of funds, empowering small business growth and expansion.Remote Work and Flexibility: The trend toward remote work has opened new possibilities for small businesses to tap into talent pools beyond their geographic confines. This flexibility not only helps in cutting operational costs related to office space but also attracts a diverse workforce. Hybrid and remote working models have forced small businesses to adopt agile practices and invest in collaboration tools and cybersecurity measures.Consumer Preference for Local and Niche Products: There is a growing consumer trend favoring local, unique, and ethically sourced products. Small businesses have capitalized on this by offering personalized and authentic customer experiences that big corporations can’t easily replicate. Emphasizing local origins and sustainability often resonates well, driving customer loyalty and repeat business.Regulatory Changes: Changes in regulatory landscapes, including tax reforms, labor laws, and trade policies, can significantly impact small businesses. For instance, the recent shifts towards more favorable tax regulations for small and medium enterprises (SMEs) can ease financial burdens and encourage entrepreneurship. Compliance with new standards also drives innovation as small businesses adapt and optimize their operations.Technological Integration and Automation: The integration of AI and automation in small business operations is on the rise. These technologies help in optimizing supply chains, enhancing customer service with chatbots, and driving data-driven decision-making processes. Automation tools that manage inventory, customer relationships, and financial transactions reduce manual workloads and improve efficiency.Economic Recovery and Consumer Spending: The post-pandemic economic recovery has generally boosted consumer confidence and spending, which in turn benefits small businesses. Government stimulus packages and economic incentives have further stimulated spending and investment in the SME sector, leading to growth opportunities and market expansion.E-commerce Growth: The massive shift towards online shopping has opened up new sales channels for small businesses. E-commerce platforms like Shopify, Etsy, and Amazon make it easier for small businesses to reach a global audience. Additionally, advancements in payment gateways, logistics, and delivery services support small businesses in managing and fulfilling online orders seamlessly.Business Support Ecosystems: There is an expanding ecosystem of incubators, accelerators, mentoring programs, and business networks that offer crucial support to small businesses. These platforms provide funding, advocacy, mentorship, and educational resources, creating a robust support system that helps small businesses thrive and scale.Sustainability and Green Practices: Growing awareness and concern for the environment have led small businesses to adopt sustainable and eco-friendly practices. Whether it’s reducing carbon footprints, utilizing renewable energy, or offering green products and services, these practices appeal to environmentally conscious consumers and can lead to cost savings and enhanced brand reputation.

Financial Reporting Software Market size was valued at USD 14.94 Billion in 2024 and is projected to reach USD 37.56 Billion by 2031, growing at a CAGR of 12.81% from 2024 to 2031.

Financial Reporting Software Market Drivers

Regulatory Compliance and Standards: Increasingly complex regulatory requirements and accounting standards necessitate robust financial reporting software. Businesses need tools to ensure compliance with regulations like Sarbanes-Oxley, IFRS, GAAP, and other local financial reporting standards.

Demand for Real-Time Financial Data: Organizations require real-time access to financial data for timely decision-making. Financial reporting software provides real-time data integration, enabling businesses to monitor their financial health and performance continuously.

Automation of Financial Processes: Automation of financial reporting reduces manual errors, saves time, and increases efficiency. Automated reporting tools streamline data collection, processing, and analysis, allowing finance teams to focus on strategic activities.

According to Cognitive Market Research, The Global Corporate Training market size is USD 345.21 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 8.20% from 2024 to 2031.

North America Corporate Training Market held 40% of the global revenue with a market size of USD 62086.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
Europe Corporate Training Market held 30% of the global market size of USD 46564.56 million in 2024.
Asia Pacific Corporate Training Market held 23% of the global revenue with a market size of USD 35699.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.2% from 2024 to 2031.
South America Corporate Training market held 5% of the global revenue with a market size of USD 7760.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
Middle East and Africa Corporate Training Market held 2% of the global revenue with a market size of USD 3104.30 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Gamified learning environments and AI-powered training tools increase effectiveness and engagement.
Training programs attend to the rising need for leadership, teamwork, and communication abilities.
The government category held the highest corporate training market revenue share in 2024.

Rapid Technological Advancements to Increase the Demand Globally

The need for training programs is fueled by the rapid improvements in technology, which force staff to constantly adjust to new tools and procedures. Remaining competitive and productive in a rapidly changing digital environment requires keeping up with new technology and changing workflows. Employees that participate in training programs gain the information and abilities necessary to successfully use new technology, which improves work performance and fosters creativity in businesses. Companies that fund training programs enable their employees to adopt new technologies with assurance, keeping them quick to adapt and skilled at using the newest developments to meet organizational goals. This mutually beneficial relationship between training and technology advancement highlights the vital role that ongoing education plays in the fast-paced workplace of today.

Shifting Skills Landscape to Propel Market Growth

The worker must constantly upskill and reskill due to the changing skills landscape in order to be competitive in changing job markets and work settings. As technology advances and industry demands change, job functions also need to adapt, so people need to pick up new skills to stay in demand. While reskilling equips workers for completely new tasks or responsibilities, upskilling allows them to improve their current skill sets. Companies need to make training program investments in order to address these changing skill needs and cultivate a culture of adaptation and lifelong learning among their workforce. Employers may strengthen their competitiveness and future-proof their staff against the uncertainties of a fast changing labor market by enabling workers to obtain in-demand skills.

Market Restraints of the Corporate Training

Lack of Time to Limit the Sales

Employees find it extremely difficult to participate in training activities due to time constraints when they have a lot on their plates. It can be tough to strike a balance between work obligations and educational pursuits, which makes people reluctant or find it difficult to commit enough time to training projects. Employers need to be aware of this obstacle and put plans in place to lessen its effects. Some of these plans include flexible training schedules, incorporating learning opportunities into regular workdays, and offering assistance with self-paced learning. Employers may meet this challenge and cultivate a culture of continuous learning that eventually helps workers and the business as a whole by emphasizing employee development and making time for it.

Key Trends of the Corporate Training

Personalized Learning Paths

The application of artificial intelligence and data analytics to customize training materials according to individual learning preferences and career paths.

Microlearning and Mobile Platforms

A growing need for brief, adaptable modules that can be accessed at any time, particularly by remot...

Global courier and delivery service companies typically come in two varieties: large, international and small, localized providers. Both types of companies are affected by similar economic indicators. Over the past five years, conditions primarily benefited delivery companies, as consumers and businesses increased delivery and courier use amid the pandemic and social-distancing mandates. The climb in e-commerce boosted the need for local and global courier services, benefiting the industry even in suboptimal, post-pandemic conditions. Over the past five years, revenue has been climbing at a CAGR of 1.2% and is estimated to reach $418.8 billion in 2024, when revenue will expand 2.9%. Despite strong revenue growth, several factors have deteriorated profit, forcing some players out of the field. Although sales surged during the pandemic, operating conditions worsened globally as companies contended with pandemic-era regulations and disruptions. Oil prices experienced substantial volatility, ultimately rising, which cut into returns. In the pandemic's wake, parcel volume sank swiftly, and many offered higher salaries to entice workers back, driving up wage costs. Though revenue will reverse course in 2024 and expand, profit will sink further as even the largest global courier businesses struggle to right the ship. Over the next five years, large couriers will expand their market share through acquisitions and global trade strategies. By leveraging their financial strength, they will acquire smaller businesses in developing markets, extending their networks and outpacing competitors in emerging economies. As global trade activity rises and offshoring operations become more prevalent, demand for established, reliable delivery services will amplify. Although geopolitical tensions may present challenges, major couriers' robust infrastructures and adaptability will support sustained market expansion. Revenue will climb at a CAGR of 2.8% over the next five years, reaching $418.8 billion in 2029.

Get key insights on Market Research Intellect's Company Market Report: valued at USD 10.5 billion in 2024, set to grow steadily to USD 15.8 billion by 2033, recording a CAGR of 5.5%.Examine opportunities driven by end-user demand, R&D progress, and competitive strategies.

Business English Training Market Outlook

According to our latest research, the global Business English Training market size reached USD 10.4 billion in 2024, with a robust CAGR of 7.1% projected through the forecast period. By 2033, the market is expected to achieve a valuation of USD 19.7 billion. This growth is driven by the increasing globalization of businesses, the rising need for cross-border communication, and the expanding digital transformation initiatives across enterprises worldwide. The demand for Business English Training is especially pronounced in multinational organizations seeking to enhance workforce communication skills and productivity in an increasingly interconnected economy.

One of the primary growth factors for the Business English Training market is the rapid expansion of international business operations and the growing emphasis on English as the global language of commerce. As companies expand their footprints into new markets, the necessity for employees to communicate effectively in English has become paramount. This has led to a surge in demand for both online and offline Business English Training programs tailored to various professional contexts, such as negotiations, presentations, and business writing. Furthermore, the proliferation of remote work and virtual teams has heightened the importance of clear and effective English communication, fueling additional demand for specialized training solutions. The adoption of digital learning platforms has also made Business English Training more accessible to a broader audience, further accelerating market growth.

Another significant growth driver is the increasing investment by corporations in employee development and upskilling. Enterprises recognize that effective communication in English not only improves productivity but also enhances client relations and global competitiveness. As a result, many organizations are integrating Business English Training into their broader learning and development strategies. The trend is particularly evident in sectors such as IT, finance, healthcare, and manufacturing, where cross-border collaboration is routine. Additionally, the rise of blended learning models, which combine online and offline training methods, has made it easier for organizations to provide flexible, scalable, and cost-effective Business English Training to their workforce. These factors collectively contribute to the sustained expansion of the market.

The academic and government sectors are also playing a pivotal role in the growth of the Business English Training market. Educational institutions are increasingly incorporating Business English courses into their curricula to enhance students' employability in the global job market. Similarly, government initiatives aimed at improving national workforce competitiveness and attracting foreign investment are driving the adoption of Business English Training programs in various regions. Scholarships, partnerships with private training providers, and national language policies are further supporting market growth. The convergence of public and private sector efforts is creating a vibrant ecosystem that fosters continuous innovation and the development of high-quality training offerings.

From a regional perspective, Asia Pacific is emerging as the fastest-growing market for Business English Training, propelled by the rapid economic development of countries such as China, India, and Southeast Asian nations. North America and Europe remain dominant markets, benefiting from established corporate training cultures and a high concentration of multinational enterprises. Latin America and the Middle East & Africa are also witnessing steady growth, driven by increasing globalization and the rising importance of English proficiency in business. Each region presents unique opportunities and challenges, with local language preferences, digital infrastructure, and government policies influencing market dynamics. Overall, the global Business English Training market is poised for significant expansion, supported by broad-based demand across industries and geographies.

Training Type Analysis

The Business English Training market is segmented by training type into Online, Offline, and Blended formats, each catering to distinct learner needs and organizational requirements. The Online segment has witnessed remarkable growth in recent years, drive

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