About the Digital Educational Publishing Market
Digital educational publishing consists of content that can be accessed across devices and operating systems whether in the classroom or off-campus environments. End-users in the education industry have started making substantial investments in digital learning, which has resulted in tremendous opportunities for digital educational publishing.
Technavio’s analysts forecast the global digital educational publishing market to grow at a CAGR of 12.12% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global digital educational publishing market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of digital educational publications, such as e-books, e-magazines, e-journals, e-papers, and other educational publications.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Digital Educational Publishing Market 2016-2020
Technavio recognizes the following companies as the key players in the global digital educational publishing market: Georg von Holtzbrinck, Hachette Livre, McGraw-Hill Education and Pearson.
Other Prominent Vendors in the market are: Cambridge University Press, Cengage learning, John Wiley & Sons, Oxford University Press, and Thomson Reuters.
Commenting on the report, an analyst from Technavio’s team said: “A trend which is influencing and boosting growth is the establishment of multiple publishing formats. Major formats, such as EPUB, Mobi and KF8 from Amazon, and PDF are widely used as they are reasonably accessible and flexible. However, digital educational publishers have switched to the latest formats like EPUB2 and EPUB3 over the years. Institutions like Association of American Publishers, European Publishers’ organization, and EDItEUR have also proposed the adoption of EPUB 3 as a key format.”
According to the report, a key growth driver for the digital educational publishing market is the rising retail prices of printed books. Earlier, print textbooks were solely used in educational institutes. However, the burgeoning retail prices of textbooks, especially for higher education students, have caused learners to switch to e-books and digital material as alternatives. In the US, the price of new printed textbooks had inflated at an average rate of 6% between 2004 and 2014.
Further, the report states that one challenge that could restrict market growth is the threat from open educational resources and alternate sources for textbooks.
Georg von Holtzbrinck, Hachette Livre, McGraw-Hill Education Pearson, Cambridge University Press, Cengage learning, John Wiley & Sons, Oxford University Press, Thomson Reuters.
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