Global digital publishing market was valued to be USD 36.29 billion in 2021, and it is expected to reach USD 69.81 billion by 2028 at a CAGR of 13.8% over the forecast period 2022–2028.
Westford, USA, Sept. 20, 2022 (GLOBE NEWSWIRE) — In today’s world, the demand for quality digital content is on the rise. This is especially true for publishing, as people are increasingly turning to online sources for their news and information. Publishers who don’t offer digital content are at a disadvantage, as readers are more likely to turn to alternative sources if they don’t have access to quality content.
According to a study from SkyQuest, 44% of Americans get news from digital sources, compared to only 31% who receive it from print sources in the digital publishing market. In order to stay ahead of the curve, publishers must make sure that their content is available in digital form. Not only will this make it more accessible for readers, but it will also help publishers increase their audience reach and discover new potential customers.
This increasing demand for the digital publishing market has led to an increase in quality and reputable digital publishing platforms. Some of the top platforms include WordPress, Medium, and Blogger. In addition, there are also countless coloring book publishers and e-learning platforms that provide an excellent way to create engaging content.
Get sample copy of this report:
SkyQuest Analysis of Digital Publishing Shows Shocking Results
According to a study by SkyQuest, digital publishing market has already had a global impact on businesses of $325 billion in 2014, and by 2021, reached an impact value of $2.9 trillion. The study found that 47% of all global business activity is now due to digital publishing, with 79% of small businesses using digital methods to communicate with customers. Today, more than 50 million businesses are now publishing their content in an electronic form, and 60% of companies are using social media either exclusively or in addition to other marketing channels.
The benefits for businesses in the digital publishing market include increased visibility and brand awareness, increased customer engagement, and increased traffic to websites. In particular, using digital publishing methods has been found to be particularly beneficial for smaller businesses that may not have the resources or expertise to produce printed material. Companies that publish online can also keep more control over their content and better manage customer relationships.
There are a number of different platforms available for businesses to publish their content online in the global digital publishing market, including WordPress, Blogger, News sites, Google Docs, Medium, and WordPress.com.
Browse summary of the report and Complete Table of Contents (ToC):
Asia Pacific has Become a Hub for Digital Publishing Market—Region Generates Over 40% of Market Revenue
Digital publishing has become a key part of the business landscape. Across all industries, businesses are searching for ways to increase revenue and reach new audiences. In the Asia Pacific region, digital publishing market is playing an important role in reaching new customers and building a stronger reputation.
According to a study by SkyQuest, global digital publishing market is generating over 40% of market revenue in the Asia Pacific region. This trend is being driven by the growth of ecommerce in the region, as well as the increased demand for content from businesses and consumers. The Asia Pacific region is home to some of the most innovative digital publishers such as Charlton Media Group, Straits Time, Mothership, Nikki Asia, and Media Indonesia. These publishers are able to offer unique content that appeal to a wide range of customers. They are also able to generate large volumes of traffic, which helps them to reach new audiences quickly.
Digital publishing market is changing the way businesses operate across the Asia Pacific region. It is creating a stronger reputation for businesses and helping them to reach new customers faster than ever before.
In China, online publication is becoming increasingly popular as an efficient method of reaching a global audience. A study by SkyQuest found that 79% of Chinese consumers research products online before making a purchase decision, which makes online advertising an important part of Chinese businesses’ marketing strategy. Furthermore, as China’s population becomes increasingly affluent, companies looking to penetrate the Chinese market need to consider online publishing as an option for reaching consumers across the country.
Growth Opportunity for Digital Publishing Companies
The digital publishing market is growing rapidly and is projected to be worth $69.81 billion by 2028. This growth presents an opportunity for businesses to enter the market and gain a share of this lucrative market.
There are a number of ways to capitalize on this growth, including creating new content such audiobook and children playbook, developing innovative marketing strategies, and expanding distribution channels. As per SkyQuest analysis, creating new content stream is perhaps the most direct way to grow revenue.
In order to remain competitive in the global digital publishing market, businesses need to continue developing new and original content, as well as supporting it with strong marketing efforts. Strategies for creating content include creating motivational, educational, soothing content that focus on specific topics such as sleeping, pitching ideas to publications, and becoming affiliated with reputable online communities. Developing innovative marketing strategies is also essential in the digital publishing industry.
Businesses can use various marketing tactics to reach their target audience in the digital publishing market, such as developing exclusive content, sponsoring events, or running marketing campaigns on social media platforms. They can also partner with other companies in order to increase their exposure and reach more people. One-way businesses can expand their reach is through distribution channels. They can increase their advertising budget in order to target more people or they can try out new distribution methods such as subscription services or e-commerce platforms.
Speak to Analyst for your custom requirements:
Top Players in Global Digital Publishing Market
Adobe, Inc. (US)
Amazon.com Inc. (US)
Apple, Inc. (US)
Netflix, Inc. (US)
Comcast Corporation (US)
Thomson Reuters Corporation (Canada)
Xerox Corporation (US)
RELX Plc. (UK)
Georg von Holtzbrinck GmbH & Co. KG (Germany)
McGraw-Hill Education (US)
Related Reports in SkyQuest’s Library:
Global Neobanking Market
Global Ransomware Protection Market
Global Wireless Mouse Market
Global Ready Meals Market
Global Shea Butter Market
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
1 Apache Way, Westford, Massachusetts 01886
USA (+1) 617-230-0741
LinkedIn Facebook Twitter
McDonald's Corp has been ordered by a U.S. judge to defend against media entrepreneur Byron Allen's $10 billion lawsuit accusing the fast-food chain of "racial stereotyping" by not advertising with Black-owned media. In a decision on Friday, U.S. District Judge Fernando Olguin in Los Angeles said Allen could try to prove that McDonald's violated federal and California civil rights laws by deeming his networks ineligible for the "vast majority" of its advertising dollars. Allen accused McDonald's of relegating his Entertainment Studios Networks Inc and Weather Group LLC, which owns the Weather Channel, to an "African American tier" with a separate ad agency and much smaller ad budget, depriving them of tens of millions of dollars of annual revenue.
The tech giants aren't cutting jobs en masse. Instead, they're slimming their staff more indirectly.
An upstart (at least in the U.S.) cruise line wants to take a piece of market share from the big three cruise lines (and that's really great for consumers).
Xpeng has diversified its battery suppliers and no longer counts industry giant CATL as its primary supplier, the Chinese electric car maker's president said on Wednesday. The disclosure by one of CATL's biggest clients reflects how Chinese EV automakers are starting to look for alternative suppliers in hope of better controlling costs, after dominant player CATL raised prices this year. Xpeng was CATL's third-largest client after Tesla and Nio in terms of battery volumes installed in 2021, according to Chinese consulting firm Gaogong Industry Institute.
Facebook’s parent is looking to reduce costs by at least 10%, people familiar with the plans said, while Google has required some employees to apply for new jobs.
‘We were dying on the inside,’ actor said
Legal correspondent Alexis Keenan details Twitter founder Jack Dorsey's participation in the lawsuit against Elon Musk and when Musk himself is expected to give his testimony.
Yahoo Finance's Julie Hyman breaks down notable business headlines that include Charter being ordered to pay $1.15 billion dollars to the family of a stabbing victim, workers at a Philadelphia Home Depot seeking unionization, and Eataly selling a controlling stake to InvestIndustrial.
(Bloomberg) — China has begun running down its crude oil stockpiles, which could signal that refiners are getting ready to boost fuel exports as part of the government’s efforts to revive the economy. Most Read from BloombergPutin Mobilizes More Troops, Wields Ukraine Nuclear ThreatHome-Flipper Opendoor Hit With Losses in Echo of Zillow CollapseTycoon's Wild $3 Billion Gamble on ‘China's LVMH’ Crashes‘Mute Your Phones’: Trump Special Master Hearing Descends Into ChaosFed Set to Reveal ‘Pain’ Co
There's big money in waiting to collect Social Security, but most U.S. seniors leave that cash on the table.
‘Real Time with Bill Maher’ features guests to discuss current events in politics and media
JPMorgan Chase’s global head of payment, Takis Georgakopoulos, says the demand for crypto has plummeted.
Despite the efforts of economic development officials and millions of dollars spent on trying to lure major public companies, the fact remains the Triangle is almost bone-dry when it comes to hosting corporate headquarters of large companies. In fact, in the past 20 years, it has lost major companies to mergers, asset sell-off, product discontinuation and system redundancies.
At first glance, these stocks don't seem to fit Buffett's investing style at all. But if you take a deeper look, it all makes sense.
Boeing says its move comes as it looks bring on employees for roles in manufacturing and product development.
One of the Queen Consort’s greatest challenges was getting Queen Elizabeth to accept her both as a member of the Royal Family and her daughter-in-law. Her Majesty had found her eldest son rather irritating as a child and his refusal to move on and abandon Camilla meant he was still not doing as he was told.
Customers are not thrilled with the state of air travel at the moment. The situation has been so out of control recently that Secretary of Transportation Pete Buttigieg has been threatening to crack down on the industry, demanding that airlines provide meal and hotel vouchers for passengers who face serious delays, and has also announced a proposal that would guarantee that customers would get a refund for a canceled flight or a flight delayed by more than three hours, if they chose not to take a later flight.
David Schmaier, Salesforce Chief Product Officer, speaks with Yahoo Finance's Brian Sozzi at the Dreamforce tech conference to discuss new product developments in CRM technology and the next era of customer relationship management.
Marriage can affect how you do your taxes, make money and plan for retirement. If your marriage ends, it's important to know the rules regarding divorce and Social Security. Who's eligible for what benefits, how much can you collect and … Continue reading → The post Social Security Rules After a Divorce appeared first on SmartAsset Blog.
An informal survey of the Center for Retirement Research staff regarding “What is the current retirement age for Social Security?” produced a range of responses. Age 70 is a relatively new development, and most of the conversation about Social Security focuses on the so-called “Full Retirement Age.” Read: Will Social Security’s COLA for 2023 be high enough?