Expert Networks in the US - Industry Research Report

Experts Say: a Strong Economy and Tighter Regulation Have Revived Demand from Recent Lows

The industry comprises companies that act as intermediaries between subject matter experts and clients seeking valuable information, data and insight. Subject matter experts include, but are not limited to, academics, scientists, corporate executives and high-level officials. Revenue for expert networks has increased at a CAGR of 2.8% through the end of 2023 to $1.3 billion, including an expected 5.7% growth in 2023 alone. Revenue growth for the industry is a result of its improving reputation, favorable macroeconomic conditions and growing demand from downstream industries. The industry has experienced steady growth, but shrank in 2022 because of fears of a looming recession. Profit, defined as earnings before interest and taxes, is expected to account for an estimated 14.2% of revenue in 2023.

Companies in this industry act as intermediaries between industry experts and entities that need expert information.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.