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Posted On: 03/11/2014 9:07:54 AM
Latest Seek Ltd (SKLTY) Headlines
Internet Publishing and Broadcasting in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Tue Sep 17, 8:08AM CDT
Until 2007-08, the Internet Publishing and Broadcasting industry in Australia mainly recorded double-digit yearly revenue growth. It took the dramatic collapse in the global financial markets to stunt the strong growth, as this event increased conservative spending patterns by both businesses and consumers. However, the rapid improvement in information technology networks throughout the past five years has created many growth opportunities for industry participants, and thus the downturn was brief. According to IBISWorld industry analyst Craig Shulman, "the ease of access to news and directories online has up-ended several traditional industries during the past five years, with more industries expected to undergo similar struggles in the coming five years." IBISWorld estimates that industry revenue has increased at an annualised 12.3% over the past five years. In 2012-13, revenue is forecast to grow by 10.7% to $1.6 billion.
Internet Publishing and Broadcasting in Australia Industry Market Research Report Now Updated by IBISWorld
PRWeb - Tue Sep 17, 8:08AM CDT
Until 2007-08, the Internet Publishing and Broadcasting industry in Australia mainly recorded double-digit yearly revenue growth. It took the dramatic collapse in the global financial markets to stunt the strong growth, as this event increased conservative spending patterns by both businesses and consumers. However, the rapid improvement in information technology networks throughout the past five years has created many growth opportunities for industry participants, and thus the downturn was brief. According to IBISWorld industry analyst Craig Shulman, "the ease of access to news and directories online has up-ended several traditional industries during the past five years, with more industries expected to undergo similar struggles in the coming five years." IBISWorld estimates that industry revenue has increased at an annualised 12.3% over the past five years. In 2012-13, revenue is forecast to grow by 10.7% to $1.6 billion.
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