Categories
June 17, 2010
America’s top 50 research firms saw domestic revenues fall 3.5% to $8.61bn in 2009. 2009 non-US research revenue at $9.47bn represented 52.4% of the total generated, and was also down on the figure two years earlier ($9.81bn).
The Honomichl Top 50, published by the American Marketing Association magazine, Marketing News, is out. The headline is that America’s top 50 research firms saw domestic revenues fall 3.5% to $8.61bn in 2009. This compares with a 1.6% increase to $8.98bn in 2008. 2009 non-US research revenue at $9.47bn represented 52.4% of the total generated, and was also down on the figure two years earlier ($9.81bn).
The bad news: Revenue at Bellomy Research plummeted 25.7% to $12.4m, while at Harris Interactive – pending the effect of a series of recovery initiatives – revenue dropped 24.0% to $100.1m. Burke Inc. also saw a 23.4% decline in revenue to $38.9m.
The good news: high revenue growth was seen at online customer community developer Communispace (up 18.0% to $34.7m), and multi-screen measurement specialist Rentrak (up 22% to $14.4m), which yesterday reported a 91% drop in fourth-quarter profit.
What jumps out at me is that growth occurred in non-traditional and syndicated product suppliers. That should be a strong signal to the industry about the direction we should head in, right?
US revenue for the top 10 US agencies was:
US Rank | Organization | US Research Revenues($ millions) | % change from 2008 |
1 | Nielsen | 2,298.0 | 3.0 |
2 | Kantar | 850.9 | -10.4 |
3 | IMS Health | 801.1 | -5.9 |
4 | Westat | 502.4 | 7.0 |
5 | SymphonyIRI Group | 441.7 | -0.7 |
6 | Arbitron | 379.1 | 4.0 |
7 | Ipsos | 288.8 | -7.3 |
8 | GfK USA | 288.5 | -11.7 |
9 | Synovate | 214.5 | -12.4 |
10 | J.D. Power and Associates | 164.4 | -13.7 |
Rate of growth from year to year has been adjusted so as not to include revenue gains or losses from acquisitions or divestitures
Comments
Comments are moderated to ensure respect towards the author and to prevent spam or self-promotion. Your comment may be edited, rejected, or approved based on these criteria. By commenting, you accept these terms and take responsibility for your contributions.
Disclaimer
The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.
More from Leonard Murphy
From focus group translator to AI entrepreneur, Nexxt Intelligence CEO Kathy Cheng shares her journe...
Lenny Murphy talks with Jeffrey Reynolds on scaling service businesses via private equity, balancing...
Discover an example of how the Agentic OS is transforming the insights buyer journey. Explore AI agents in market research, automated procurement, and...
Alex Hunt shares how he transformed Behaviorally into a digital, AI-powered insights leader in this ...
Sign Up for
Updates
Get content that matters, written by top insights industry experts, delivered right to your inbox.