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USD 19.2 billion Potential Growth in Publishing Market|17,000+ Technavio Reports


NEW YORK, May 16, 2022 /PRNewswire/ -- The latest market outlook report titled "Publishing Market by Platform and Geography - Forecast and Analysis 2022-2026" has been added to Technavio's catalog. This recent market analysis report identifies the market to witness a potential growth difference of USD 19.2 billion from 2021 to 2026. The market is anticipated to record a decelerating growth momentum at a CAGR of 1.22% during this period.

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Parent Market Overview

Technavio categorizes the global publishing market as a part of the global media market within the global media and entertainment sector. The global media and entertainment market covers companies offering products, services, and solutions in advertising, broadcasting, cable and satellite, publishing, movies and entertainment, interactive home entertainment, interactive media and services, and gambling areas.

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Market Competitive Landscape

The publishing market is fragmented, and the vendors are deploying growth strategies such as focussing on digital content, app availability, product differentiation, portfolio, and competitive pricing to compete in the market. Some of the key players covered in this report include Amazon.com Inc., Bertelsmann SE & Co. KGaA, Hachette Book Group Inc., Houghton Mifflin Harcourt Co., McGraw-Hill Education Inc., News Corp., Pearson Plc, RELX Plc, Springer-Verlag GmbH, and Thomson Reuters Corp., among others.

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Strategic Initiatives and Products launches

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Growing impact of e-books to boost the market positively

The use of advanced technologies is reshaping the publishing landscape and reading behavior of readers. In the last few years, e-books have gained immense popularity, which has increased the adoption of specialized e-reading devices such as iPads and Kindle. The ease of publishing books in a digital format compared will encourage the publishing of e-books and generate more demand for them during the forecast period.

Low revenue from newspapers and traditional book publishing likely to challenge the market growth

The decline in advertising revenue for print newspapers is attributed to the drop in the number of classified advertising. Budget constraints in academic institutes have resulted in a decline in subscription renewals. In addition, the corporate and advertising sectors have cut down on spending. This has led to a decline in the demand and sales of books and journals.

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COVID Impact and Recovery Analysis

The publishing sector in APAC has been affected by the COVID-19 pandemic. Bookshops in many Asian countries were closed for several weeks or months. However, with the spike in demand for digital publishing, business operations were expected to resume their previous state by the end of 2021, which will drive the demand for publishing during the forecast period in the region.

View report snapshot to learn more about the pandemic impact on the market and the industry

Revenue-Generating Segment Highlights

This report extensively covers market segmentation by platform (traditional and digital) and geography (North America, Europe, APAC, MEA, and South America).

By platform, the traditional segment will have significant market share growth during the forecast period. Newspaper publishers are adopting various business models to gain a competitive advantage in the market, such as paid model, marketing model, and classified ad model.

By geography, APAC will have the highest market share growth during the forecast period. The growing adoption of technology in the education sector of emerging economies such as India and China will drive the publishing market growth in APAC during the forecast period.

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Key Report Takeaways

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Publishing Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 1.22%

Market growth 2022-2026

USD 19.2 billion

Market structure

Fragmented

YoY growth (%)

1.36

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

APAC at 63%

Key consumer countries

US, China, Canada, UK, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amazon.com Inc., Bertelsmann SE & Co. KGaA, Hachette Book Group Inc., Houghton Mifflin Harcourt Co., McGraw-Hill Education Inc., News Corp., Pearson Plc, RELX Plc, Springer-Verlag GmbH, and Thomson Reuters Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Five Forces Analysis

5 Market Segmentation by Platform

6 Customer Landscape

7 Geographic Landscape

8 Drivers, Challenges, and Trends

9 Vendor Landscape

10 Vendor Analysis

11 Appendix

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:media@technavio.com
Website: https://www.technavio.com

SOURCE Technavio


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