Global Scientific and Technical Publication Market 2015-2019
About Scientific and Technical Publishing
Scientific and technical publishing refers to the research and distribution of scientific and technical content in the form of books, journals, online services, and e-books for further research and academic use by students and professionals.
The global scientific and technical publishing market is expected to grow at a CAGR of 1.09% during the forecast period. In 2014, the US and EU accounted for 72% of the global market, which is a decrease from 84% in 2011. The rapid growth of the scientific and technical publishing market in developing countries such as China, Brazil, and India has led to a decline in the market in developed countries. The leading vendors in the market are Informa, John Wiley & Sons, Reed Elsevier, Springer Science+Business Media, and Wolters Kluwer.
Covered in this Report
In this report, Technavio covers the current and future market scenarios of the global scientific and technical publishing market for the period 2015-2019. The market is segmented on the basis of geography and products. We calculated the market size on the basis of the revenue generated from traditional scientific and technical publishing as well as the digital scientific and technical publishing segments, which are further categorized into printed books, journals, e-books, and online services.
This report discusses the major drivers, challenges, and trends influencing the market growth. We have also included a detailed analysis of the leading vendors.
Technavio Announces the Publication of its Research Report – Global Scientific and Technical Publication Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Scientific and Technical Publication Market: Informa, John Wiley & Sons, Reed Elsevier, Springer Science+Business Media and Wolters Kluwer
Commenting on the report, an analyst from Technavio’s team said: “Rapid growth in research in Asian countries, which have the highest proportion of non-English publications worldwide, has opened up opportunities for regional publications. China is ranked second to the US in terms of market share, and its research output has grown over the past five years. Asia-10 countries have also been experiencing a significant growth.”
According to the report, the growing popularity of digital media has caused a shift from traditional print media to digital platforms, particularly in developed countries. However, the e-books segment is expected to have the highest growth rate during the forecast period.
Further, the report states that the research content available to customers are from non-profit publications and publications from societal research, which are available at relatively lower prices. This affect the revenue of commercial research publications.
Informa, John Wiley & Sons, Reed Elsevier, Springer Science+Business Media, Wolters Kluwer