Market Overview:
The global encyclopedia service market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for online information and rising internet penetration across the globe. Encyclopedia service is a type of subscription-based information service that provides access to articles, images, and other resources on various topics. It helps users find relevant information on any topic with just a few clicks. The growing demand for online content and rising internet penetration are expected to boost the growth of the global encyclopedia service market during the forecast period. The global encyclopedia service market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into subscription-based services and searching services. Subscription-based services are those that provide access to articles, images, etc., for a fixed monthly or annual fee while searching services allow users to search for specific information across different sources free of cost. On the basis of application, it can be classified into personal use cases (individuals), institutional & organizational use cases (businesses), and education & research use cases (academic institutions).
Product Definition:
An encyclopedia service is a web service that allows users to search for and retrieve information from a collection of online encyclopedias. Encyclopedia services are important because they allow users to quickly and easily find information on a variety of topics.
Subscription:
Subscription is a service model where the consumers or users are bound to pay a periodic fee for using a product. In the Encyclopedia service market, there are two types of Subscription models namely Stable and Non-Stable Subscription Model.
Searching:
The global market for searching and it's usage in Encyclopedia Service is expected to witness significant growth over the forecast period. The major factor that propels the growth of this market includes increasing demand from users for relevant information. Moreover, rising use of internet and growing number of internet users also fuels the demand for search engines as they help in obtaining relevant information quickly.
Application Insights:
The personal application segment held the largest share of over 60.0% in 2017. The service is used by individuals for accessing a wide range of dictionaries, encyclopedias, and other similar reference works from their homes or mobile devices. The application allows users to search through various content providers and access information directly from the app itself without going through a web browser or computer screen. This factor is anticipated to drive the demand for ENDS over the forecast period as more people prefer using this kind of services than traditional encyclopedia books that are hard to carry around due to their bulkiness and weightage.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high internet penetration, and availability of advanced services. Asia Pacific is expected to witness significant growth over the forecast period owing to increasing internet users and rising demand for information technology services in this region. Moreover, growing investments by governments in developing countries are anticipated to boost service adoption rates over the next eight years.
Growth Factors:
- Increasing demand for online information and knowledge resources
- Growing popularity of encyclopedia services among students and professionals
- Proliferation of digital content and devices
- Emergence of new business models for encyclopedia services
- Rising investments in research and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Encyclopedia Service Market Research Report
By Type
Subscription, Searching
By Application
Personal, Institution & Organization,
By Companies
Investopedia, Techpedia, Wikipedia, Baidu Baike, Wolfram Alpha LLC, Encyclopædia Britannica, Inc, SOGOU, Ballotpedia, MBAlib,
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Encyclopedia Service Market Report Segments:
The global Encyclopedia Service market is segmented on the basis of:
Types
Subscription, Searching
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Personal, Institution & Organization,
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Investopedia
- Techpedia
- Wikipedia
- Baidu Baike
- Wolfram Alpha LLC
- Encyclopædia Britannica, Inc
- SOGOU
- Ballotpedia
- MBAlib
Highlights of The Encyclopedia Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Subscription
- Searching
- By Application:
- Personal
- Institution & Organization
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Encyclopedia Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Encyclopedia Service is a search engine that indexes and provides access to encyclopedias and other reference works.
Some of the major companies in the encyclopedia service market are Investopedia, Techpedia, Wikipedia, Baidu Baike, Wolfram Alpha LLC, EncyclopƒÂ¦dia Britannica, Inc, SOGOU, Ballotpedia, MBAlib.
The encyclopedia service market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Encyclopedia Service Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Encyclopedia Service Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Encyclopedia Service Market - Supply Chain
4.5. Global Encyclopedia Service Market Forecast
4.5.1. Encyclopedia Service Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Encyclopedia Service Market Size (000 Units) and Y-o-Y Growth
4.5.3. Encyclopedia Service Market Absolute $ Opportunity
5. Global Encyclopedia Service Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Encyclopedia Service Market Size and Volume Forecast by Type
5.3.1. Subscription
5.3.2. Searching
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Encyclopedia Service Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Encyclopedia Service Market Size and Volume Forecast by Application
6.3.1. Personal
6.3.2. Institution & Organization
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Encyclopedia Service Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Encyclopedia Service Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Encyclopedia Service Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Encyclopedia Service Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Encyclopedia Service Demand Share Forecast, 2019-2026
9. North America Encyclopedia Service Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Encyclopedia Service Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Encyclopedia Service Market Size and Volume Forecast by Application
9.4.1. Personal
9.4.2. Institution & Organization
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Encyclopedia Service Market Size and Volume Forecast by Type
9.7.1. Subscription
9.7.2. Searching
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Encyclopedia Service Demand Share Forecast, 2019-2026
10. Latin America Encyclopedia Service Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Encyclopedia Service Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Encyclopedia Service Market Size and Volume Forecast by Application
10.4.1. Personal
10.4.2. Institution & Organization
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Encyclopedia Service Market Size and Volume Forecast by Type
10.7.1. Subscription
10.7.2. Searching
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Encyclopedia Service Demand Share Forecast, 2019-2026
11. Europe Encyclopedia Service Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Encyclopedia Service Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Encyclopedia Service Market Size and Volume Forecast by Application
11.4.1. Personal
11.4.2. Institution & Organization
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Encyclopedia Service Market Size and Volume Forecast by Type
11.7.1. Subscription
11.7.2. Searching
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Encyclopedia Service Demand Share, 2019-2026
12. Asia Pacific Encyclopedia Service Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Encyclopedia Service Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Encyclopedia Service Market Size and Volume Forecast by Application
12.4.1. Personal
12.4.2. Institution & Organization
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Encyclopedia Service Market Size and Volume Forecast by Type
12.7.1. Subscription
12.7.2. Searching
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Encyclopedia Service Demand Share, 2019-2026
13. Middle East & Africa Encyclopedia Service Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Encyclopedia Service Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Encyclopedia Service Market Size and Volume Forecast by Application
13.4.1. Personal
13.4.2. Institution & Organization
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Encyclopedia Service Market Size and Volume Forecast by Type
13.7.1. Subscription
13.7.2. Searching
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Encyclopedia Service Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Encyclopedia Service Market: Market Share Analysis
14.2. Encyclopedia Service Distributors and Customers
14.3. Encyclopedia Service Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Investopedia
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Techpedia
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Wikipedia
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Baidu Baike
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wolfram Alpha LLC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Encyclopædia Britannica, Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. SOGOU
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Ballotpedia
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MBAlib
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook