- April 27, 2016
-- Outsell, Inc., the world's only research and advisory firm focused on media, information, and technology, today announced publication of a new report, Standards: 2016 Market Size, Share, Forecast, and Trends. The report updates Outsell's standards market profile and identifies changing trends and market disruptors alongside the players to watch.
Newly visible trends are apparent in this traditional and mature market sector around improved interoperability and discoverability of standards data and levels of increased collaboration between leading Tier 1 players that have the potential to shift market dynamics significantly. A widening gap between leading SDOs, NSBs and Aggregators and the rest of the market is also apparent, highlighting fundamental differences in mindset as well as the more obvious differences of size and available resources. At the same time, the ongoing need to effectively harness technological advancement and provide increased value-add to clients and end-users continues to drive change and innovation this space. Pricing pressure and macro-economic trends add to the ongoing threats to the standards provider's business model from regulators looking to provide standards information for free and piracy and intellectual property infringement.
"Standards providers are facing considerable threats to their business model. But there is also a noticeable sense of reality and pragmatism within the industry that the technology aspect, in particular, needs to be addressed, it's not going to go away, and that appropriate strategies need to be put in place," says Jo McShea, Outsell VP and Lead Analyst and author of the report. "Tier 1 players continue to innovate and drive change in the market in ways that could significantly shift market dynamics in this space, particularly as all three of major aggregators are facing important periods of development and evolution."
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