Print Media Market 2021 Competitive Insights – News Corp, Pearson PLC, Bertelsmann, Axel Springer

The Global Print Media Market Report provides a study with an in-depth overview, describing the product/industry Scope and elaborating market outlook and status (2021-2030). The report is curated after in-depth research and analysis by experts. The report provides comprehensive valuable insights on the global Print Media market development activities demonstrated by industry players, growth opportunities, and market sizing with analysis by key segments, leading and emerging players, and geographies.

The global print media market is expected to grow from $287.87 billion in 2020 to $313.28 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $342.81 billion in 2025 at a CAGR of 2%.

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Top Companies in the Global Print Media Market: News Corp; Pearson PLC; Bertelsmann; Axel Springer; Gannett Company Inc.

Market Overview:

Asia Pacific was the largest region in the global print media market, accounting for 37% of the market in 2020. North America was the second largest region accounting for 32% of the global print media market. Africa was the smallest region in the global print media market.

The rise in social media and the increasing volume of consumer data is driving growth in the newspapers and magazines industry. Newspapers and magazines publishers can have broad and deeper visibility on their consumers, distributors and other stake holders. Publishers with digital first model are investing significantly in building in-house data and analytics team. For example, Next Big Sounds, Next Big Book application provides a dashboard for the publishing industry which offers information on sales, publicity events, social media, and web trends data regularly to offer a holistic view of the books performance. It will highlight factors that are the most influential such as news preferences, columnist preferences and genre preferences.

E-books sales is growing rapidly in established markets of the USA and Europe. eBooks generated a higher share of revenues than the physical print in developed markets such as the US and UK. According to PWC, total global book publishers revenue will increase, growing at a CAGR 1.7%, during the forecast period. Although the physical book publishers industry continues to shrink (-2.8%), this decline is offset by growth in e-books which are predicted to grow at a CAGR of 11.7% in the forecast period. Increasing consumer preference for the digital versions is expected to significantly impact the growth of the market during this period.

Regional Analysis:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key Reasons to Purchase:
 
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