Press release
Global Scientific And Technical Publishing Market To Display Meagre 1.09% CAGR From 2015 To 2019
A new market study, titled “Global Scientific And Technical Publication Market 2015-2019,” has been featured on MarketResearchReports.biz’s online repository of market intelligence. The report on the global scientific and technical publishing market is a 360-degree overview of the development of this market during the 2015-2019 period. Based on historical and current data, market size estimates and future trends are presented herein.As reflected in the report, the global scientific and technical publishing market will display a meagre 1.09% CAGR for the 2015-2019 period. Furthermore, the report says that developed countries have been displaying a diminished growth in the scientific and technical publishing market over the past few years. The U.S. and the EU collectively held 72% of the global market, declining from 84% in 2011. In the recent past, developing countries such as India, China, and Brazil have been displaying expeditious growth in the scientific and technical publishing market surpassing the developed countries in the realm.
Scientific and technical publishing involves the research and distribution of scientific and technical knowledge via books, journals, e-books, online educational services for further research and educational use by students and professionals.
Some of the top players in the global scientific and technical publishing market are Informa, Reed Elsevier, Wolters Kluwer, John Wiley & Sons, and Springer Science + Business Media. The report profiles each of the players for their business overview, financials, recent developments, and SWOT analysis.
The report states that the shift from print to digital publishing is primarily driving the growth of this market. Using the digital medium, scientific and technical knowledge can be disseminated to a larger audience than using books and journals. This is because of the reach of the Internet to the remotest areas where it is challenging to develop library and learning centers.
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On the other hand, a decline in traditional publishing is also challenging the market’s growth. The ease of compilation and comprehending research analysis from a paper-based medium bodes well for the dissemination of scientific and technical knowledge. Nevertheless, an increase in R&D expenditures for scientific and technical publications is a marked trend that has come to the fore in the recent years. This will bode well for the development of the global scientific and technical publishing market.
The report segments the global scientific and technical publishing market on the basis of products and geography. The product segments of this market are traditional publishing and digital publishing; the report presents revenue generated from each of the medium to calculate market size estimates from 2014 to 2019.
Based on geography, the report divides the global scientific and technical publishing market into Americas, APAC, and EMEA. For each of the regional markets, the report presents growth trends and market size estimates for scientific and technical publishing for the 2014-2019 period.
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