Global digital publishing market expected to reach over US $33 billion by 2019, says Technavio

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Digital publishing: Key market research findings

  • Growing inclination towards digital publishing business
  • Advantages of Digitization

Technavio has added a new market research report on the global digital publishing market to its publishing portfolio. The global digital publishing market is expected to grow at a CAGR of around 5% between 2015 and 2019 due to the rise in the number of knowledge workers across the world. The Americas is the market leader with the largest share of the global digital publishing market, accounting for 48% of the total market share. Currently, the US is the largest digital publishing market in the world, however, emerging regions such as Brazil is expected to provide ample opportunities for the growth of the digital publishing market in the Americas.

The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.

“Various publishing companies are improving their business strategies and workflow towards digital publishing by selling off their print publishing activities. The changing preferences of the customers have pushed them to strengthen their digital efforts through acquisitions and divestitures. Also, various professional publishers have acquired cloud, social media, mobile, and big data technologies for better content management and more research activities,” says Navin Rajendra, Lead Analyst, New Coverage, Technavio Research.

The growing influence of digitization is on the rise across several industries across the world. It provides business intelligence, economic benefits, and improved operational control. Publishers are tracking the constant developments in the digital technology market and are consequently modifying their business models for enhanced customer services. Digitization has provided customers with more customized content, updating capabilities and more access options.

The key vendors in the global digital publishing market are RELX, Wolters Kluwer and Thomson Reuters. The research report predicts the global digital publishing market to witness intense competition with an increase in product/service extensions, technological innovations, and mergers.

A more detailed analysis is available in the Technavio report, Global Digital Publishing Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

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