London, 12 August 2015: Technavio, the independent tech-focused global research firm, has published a report on the global scientific and technical publication market 2015-2019, which is estimated to grow at a CAGR of 1.09% during 2014-2019.
Mobile platforms have a high potential in the market as important information related to scientific and technical research can be accessed easily by users, in real time and on the go. This calls for increased investments in the development of mobile applications and creation of an ecosystem for effective use of these applications. This will enable scientific and technical publishers to enhance their reach and update their research data regularly.
“Driven by factors such as scientific advantage of sharing knowledge, increased use of IT, and alliances between institutions, research is becoming more collaborative worldwide,” says Faisal Ghaus, Vice President of Technavio.
“Other factors favoring this trend are low cost of air travel, low telephonic expenses, and availability of foreign education programs. Collaboration is the future of research because of the increase in the number of researchers each year.”
Key Market Drivers
- Shift from Print to Digital Publishing
- Increased Demand in Developing Countries
- Acquisition of Information-based Products
- Potential of Mobile Media in Scientific and Technical publishing
Key Market Trends
- Increase in R&D Spending
- Inclination toward Applied Research
- Increase in Number of Researchers
- Surge in Non-English publications
- Increase in Collaboration between Research Authors
- Low Adoption of Open Notebook Science
Key Market Vendors
- Informa plc
- John Wiley & Sons Inc.
- Reed Elsevier plc
- Springer Science+Business Media
- Wolters Kluwer NV
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
