Press release
Global News Syndicates Market Comprehensive Study: Forecasted Market Size And Growth Rate | A&E Networks LLC, British Broadcasting Corporation, Canadian Broadcasting Corporation, Channel Four Television Corporation
News Syndicates Market Characteristics
The Business Research Company offers in-depth market insights through News Syndicates Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The news syndicates market size has grown strongly in recent years. It will grow from $14.18 billion in 2023 to $14.94 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to print media dominance, global news distribution, cost-efficiency for publishers, diverse content for readers, efficient content curation..
The news syndicates market size is expected to see steady growth in the next few years. It will grow to $17.79 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to digital transformation, rise of niche and specialized content, increased demand for visual content, integration with ai and automation, customization and personalization.. Major trends in the forecast period include multimedia storytelling formats, hyperlocal news syndication, user-generated content integration, adoption of blockchain for content verification, customization and personalization features..
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Market Segmentation:
The news syndicates market covered in this report is segmented -
1) By Type: Digital Terrestrial Broadcast, Satellite Broadcast, Cable Television Broadcasting Services, Internet Protocol Television (IPTV), Over-the-top Television (OTT)
2) By Features: Magazine, News Paper, Website
3) By Application: Public, Commercial
Major Driver - Surging Internet News Subscriptions Fueling Growth In The News Syndicates Market
The rise in internet news subscriptions is significantly contributing to the growth of the news syndicates market going forward. Internet news subscription refers to the act of paying a certain amount of money to receive digital news and related content online. News syndicates benefit from the increasing number of internet news subscriptions as they assist subscribers in providing news authorized by a renowned journalist. For instance, in 2022, according to the Reuters Institute for the Study of Journalism, a UK-based journal news agency, 29 percent of people in the USA registered for one or more news websites in 2021 and 19 percent of people in the USA paid for online news in 2021. Therefore, the rise in internet news subscriptions drives the news syndicates market.
Competitive Landscape:
Major companies operating in the news syndicates market report are A&E Networks LLC, British Broadcasting Corporation, Canadian Broadcasting Corporation, Channel Four Television Corporation, Heartland Media LLC, King Features Syndicate Inc., RTL Group S.A., The Associated Press, Thomson Reuters Corporation, ViacomCBS Streaming Inc., Vice Media Group LLC, Warner Media LLC, TiVo Corporation, CANAL+ Group, CBS Interactive Inc., Twenty-First Century Fox Inc., Bloomberg L.P., Dow Jones & Company Inc., The Financial Times Ltd., Forbes Media LLC, Gannett Co. Inc., Hearst Communications Inc., The McClatchy Company LLC, Meredith Corporation, News Corp., The New York Times Company, Newsday LLC, Newsweek Media Group Inc., National Public Radio Inc., Reuters Group Limited, Sinclair Broadcast Group Inc., The Economist Group Limited, Guardian News & Media Limited, The Hill Inc., HuffPost Inc., The Wall Street Journal Inc., The Washington Post LLC, USA Today LLC, Vox Media Inc. .
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Top Trend - Comprehensive Platform For Daily Briefings
Major companies operating in the news syndicates market are focused on developing comprehensive platforms, such as news apps, for daily briefings. A News app is a mobile or web application designed to deliver news content to users in a digital format. For instance, in April 2023, Samsung, a South Korea-based producer of electronic devices launched the 'Samsung News', which is an app developed to provide Galaxy users in the US with a comprehensive and easily accessible news experience. The goal is to support users in curating their ideal news consumption by offering features including daily briefings, news feeds, and podcasts. The app was aimed to deliver breaking and premium news, meeting the needs of users who seek a convenient and curated source for their daily news updates.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. News Syndicates Market Characteristics
3. News Syndicates Market Trends And Strategies
4. News Syndicates Market - Macro Economic Scenario
5. News Syndicates Market Size And Growth
…..
27. News Syndicates Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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