Global spending on market data and analysis rose a modest 2.34% in 2012, with Bloomberg narrowly beating out rival Thomson Reuters to gain the biggest slice of the pie, according to a report from Burton-Taylor International Consulting.
Bloomberg grabbed 30.82% of the $25.53 billion spent on market data and analysis, while Thomson Reuters secured 29.48%. Meanwhile, Interactive Data held the market share lead in the fastest growing segment of pricing, reference and valuation data.
SunGard MarketMap (12.25%), S&P Capital IQ (10.8%), FactSet (10.14%), Moody's Analytics (9.85%), Bloomberg (8.22%) and Morningstar (8.18%) delivered the highest five-year growth rates among market data and analysis vendors with at least a quarter of revenue coming from outside their base country.
Douglas Taylor, managing partner, Burton-Taylor, says: "2012 saw an uptick in spending in the Americas but greater weakness in Europe and signs of slowing growth in Asia. Like 2011, core revenue growth in the industry was more the result of price increases and non-data related turnover, such as transaction fees, than by increased demand."