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2024 U.S. Industry Statistics & Market Forecast - Web Search Portals, Libraries, Archives, and Other Information Services
Market Size & Industry Statistics
The total U.S. industry market size for Web Search Portals, Libraries, Archives, and Other Information Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Web Search Portals, Libraries, Archives, and Other Information Services industry include:- Increased reliance on artificial intelligence and machine learning
- Growing importance of data privacy and cybersecurity
- Shift towards cloud-based platforms and solutions
- Expansion of data analytics capabilities
- Rise of the Internet of Things (IoT)
- Increasing demand for real-time data processing
- Adoption of blockchain technology for data integrity
- Surge in demand for specialized information services
- Focus on user experience and customizability
- Emphasis on sustainable and socially responsible data practices
- Integration of augmented reality and virtual reality solutions
- Consolidation and mergers among large industry players
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
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|---|---|---|
| Total Revenue | Order at top of page |
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| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Web Search Portals, Libraries, Archives, and Other Information Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Web Search Portals, Libraries, Archives, and Other Information Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
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| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
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| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Web Search Portals, Libraries, Archives, and Other Information Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
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| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
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| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
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| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
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| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
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| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
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| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
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Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 15% | Order at top of page |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 4% | |||
| Business and Financial Operations Occupations | 11% | |||
| Business Operations Specialists | 9% | |||
| Computer and Mathematical Occupations | 38% | |||
| Computer Occupations | 36% | |||
| Software and Web Developers, Programmers, and Testers | 28% | |||
| Software Developers | 24% | |||
| Educational Instruction and Library Occupations | 7% | |||
| Librarians, Curators, and Archivists | 7% | |||
| Sales and Related Occupations | 10% | |||
| Sales Representatives, Services | 8% | |||
| Miscellaneous Sales Representatives, Services | 6% | |||
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 6% | |||
| Office and Administrative Support Occupations | 12% | |||
| Information and Record Clerks | 7% | |||
Web Search Portals, Libraries, Archives, and Other Information Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Web Search Portals, Libraries, Archives, and Other Information Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Web Search Portals, Libraries, Archives, and Other Information Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Web Search Portals, Libraries, Archives, and Other Information Services industry. |
Source:
Innovation News
- Apr 02, 2024: Supply Wisdom raises $7 million in funding.
- Nov 22, 2023: Supply Wisdom trademarks "SUPPLY WISDOM" - Compiling and analyzing statistics, data and other sources of information for business purposes
- Oct 24, 2022: Scite raises $2 million in funding.
- Feb 02, 2022: Supply Wisdom raises $11 million in funding.
- Sep 28, 2021: Boxcast trademarks "BOXCAST" - Digital media streaming devices
- Sep 28, 2021: Boxcast trademarks "BOXCAST" - Digital media streaming devices
- Jan 28, 2016: Boxcast patents Systems And Methods For Autonomous Broadcasting
Recent Federal Contracts for Web Search Portals, Libraries, Archives, and Other Information Services
- Apr 02, 2024: WILLIAM S. HEIN & CO., INC. (Getzville, NY) awarded $4,575
- Apr 02, 2024: BLOOMBERG INDUSTRY GROUP, INC. (Arlington, VA) awarded $177,893
- Apr 02, 2024: RELX INC (Miamisburg, OH) awarded $73,584
- Apr 01, 2024: EBSCO INDUSTRIES INC (Ipswich, MA) awarded $38,003
- Apr 01, 2024: CQ-ROLL CALL, INC. (Washington, DC) awarded $144,442
- Apr 01, 2024: HAWAII HEALTH INFORMATION EXCHANGE (Honolulu, HI) awarded $88,580
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