Burton-Taylor: Data Industry Spend Slows in 2012 on Lower Asia Growth
Annual spend on market data products and services grew to more than $25.5 billion worldwide in 2012—an estimated increase of between 1.5 percent and 1.75 percent over 2011—with lower than usual growth in Asia contributing to the relatively slim increase in global data spend overall, according to new research from Burton-Taylor International Consulting.
Compared to 2011—when global data spend grew by 6.64 percent (IMD, Feb. 6, 2012), with spend in Asia rising by about 8 percent to $4.4 billion
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