APAC is the largest market for digital publishing. The growing digital text market will facilitate the digital publishing market growth in APAC over the forecast period.
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Vendor Insights The Digital Publishing Market is fragmented with the presence of several global and regional players. The report also offers information on several market vendors, including Adobe Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Comcast Corp., Georg von Holtzbrinck GmbH & Co. KG, Netflix Inc., RELX Plc, Thomson Reuters Corp., and Xerox Corp. among others.
Some of the leading players in the market are deploying growth strategies such as strategic partnerships to compete in the market.
In November 2020, Apple Inc. launched Xfinity home offering called self-protection to prevent package theft.
Geographical Market Analysis With 41% of the growth APAC will provide maximum growth opportunities in the digital publishing market during the forecast period. China and India are the key markets for digital publishing in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
Key Market Trends & Challenges: The report identifies scope for varied players to enter the market as the major trend. With vendors such as Amazon diversifying and venturing into the digitized content market, there is scope for other varied market players to enter into the low-capital digital publishing market. The boom in terms of adoption and growth of digital content across product segments, including video, audio, and text formats, is the primary reason for these vendors to enter the market. Moreover, vendors are always looking to diversify their offerings and venture into new markets such as digital publishing which is expected to positively impact the market growth.
High subscription costs might inhibit the growth of the market. The majority of the population worldwide is in the middle-class bracket, who in general are reluctant to pay high subscription fees. Whereas, vendors such as Netflix have primarily targeted the high-income segment of the society, with premium shows and better-quality videos, at a higher subscription cost. This is likely to negatively impact the digital VOD content segment in the market during the forecast period.
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Digital Publishing Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 13%
Market growth 2021-2025
USD 65.31 billion
YoY growth (%)
APAC, North America, Europe, MEA, and South America
Performing market contribution
APAC at 41%
Key consumer countries
US, China, UK, India, France, and Germany
Leading companies, competitive strategies, consumer engagement scope
Adobe Inc., Alphabet Inc., Amazon.com Inc., Apple Inc., Comcast Corp., Georg von Holtzbrinck GmbH & Co. KG, Netflix Inc., RELX Plc, Thomson Reuters Corp., and Xerox Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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