In today’s global market, it’s more important than ever to understand the dynamics of STM publishing. Rely on Simba’s newest research tool -- Global STM Publishing 2008-2009 -- to build your growth plan for this year and beyond.
Whether your focus is books, journals, online content or newsletters, you can trust Global STM Publishing 2008-2009 to provide the inside intelligence you need to evaluate growth potential, understand trends affecting the industry, and size up the competition in the dynamic markets for STM content worldwide.
Stamford, Conn. - January 29, 2009 - Overall growth in scientific, technical and medical (STM) publishing fell a point and a half to 3.8% in 2008 to approach $16 billion for the English-language global market, according to Global STM Publishing 2008-2009, the newly released strategic market report from Simba Information.
The transition from print to electronic publishing has given STM publishers two ways to fuel revenue growth and the market leaders have taken advantage. Traditional models remain viable while publishers generate new revenue from the demand for tools to search, index, link, cite and manage the vast amounts of electronic information now available to researchers and clinical professionals.
The Online Services/Abstract & Indexing segment grew fastest compared to the other content delivery segments in 2008. Online/A&I grew 6.1% to $2.97 billion in the STM market. Publishers touted the demand for workflow solutions and many have aggressively reorganized their operations to meet it.
Medical publishing grew at a compound annual growth rate of 4.1% between 2006 and 2008, but growth dipped near the end of the period. Simba expects that medical publishing will continue to slow due to the severe economic slump and its impact on advertising, a medical publishing revenue stream that had begun to weaken in 2007.
The newly released Simba report provides an overview and financial outlook for the global STM publishing market based on specific research and analysis of the leading competitors and market performance in six content delivery categories. This research was conducted in conjunction with a larger study of the overall market for professional publishing, the results of which are published in the associated reports Global Legal & Business Publishing 2008-2009 and Global Professional Publishing 2008-2009.
The report also includes detailed profiles of leading STM publishers such as Reed Elsevier, Thomson and Wolters Kluwer.