Book publishers market accounted for $XX billion. Book publishers comprises establishments which carry out design, editing, and marketing activities necessary for producing and distributing books. These establishments may publish books in print, electronic, or audio form. Newspapers and periodical publishers was the largest market accounting for $XX billion. Newspapers industry carry out operations necessary for producing and distributing newspapers, including gathering news; writing news columns, feature stories, and editorials; and selling and preparing advertisements. These establishments may publish newspapers in print or electronic form. Periodical publishers carry out the operations necessary for producing and distributing magazines and other periodicals, such as gathering, writing, and editing articles, and selling and preparing advertisements. These establishments may publish magazines and other periodicals in print or electronic form. Directory, mailing list and other publishers was the second largest market accounting for $XX billion. Directory, mailing list and other publishers comprises establishments such as directory and mailing list publishers and greeting card publishers.
The Americas was the largest geographic market in the newspaper and magazines publishers market in 2015, accounting for $XX billion or XX% of the global market. The Americas was the largest market because of the economic growth and successful implementation of digital charging schemes in Latin American countries.Asia was the second largest geographic market, accounting for $XX billion or XX% of the global market. Europe was the third largest geographic market, accounting for $XX billion or XX% of the global market. The Middle East and Africa accounted for XX% and Oceania accounts for XX% of the global Newspaper and Magazines publishers market.
Global per capita newspaper and magazines publishers' consumption grew from $XX in 2011 to $XX in 2015 at a CAGR of XX% and is expected to decline to $XX in 2019 at a CAGR of XX%. Many people are no longer buying newspapers and magazines, preferring online alternatives which are often free of charge.
Changing Business Model – The Sun Newspaper in United States is said to be the pioneer of the news business model in the newspaper wherein instead of the price of the paper, the advertising revenues too bore the costs of newspaper production. The growth of advertisement revenues in the last decades has made sure that advertising revenues are more that circulation revenues. But, this trend seems to be reversing. Circulation revenues are increasing and is expected to overtake the advertising revenues starting from 2016 and is expected to continue throughout the forecast period. It is also observed that companies which are more depend on the advertisement revenues have taken a bigger hit due to technological shifts than those which are more inclined towards the Circulation revenues.
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