Global Digital Publishing Market to Reach $317.5 Billion by 2030
The global market for Digital Publishing estimated at US$150.6 Billion in the year 2023, is expected to reach US$317.5 Billion by 2030, growing at a CAGR of 11.2% over the analysis period 2023-2030. Digital Text Content Publishing, one of the segments analyzed in the report, is expected to record a 11.1% CAGR and reach US$148.8 Billion by the end of the analysis period. Growth in the Video Content Publishing segment is estimated at 11.8% CAGR for the next 7-year period.
The U.S. Market is Estimated at $40.2 Billion, While China is Forecast to Grow at 15% CAGR
The Digital Publishing market in the U.S. is estimated at US$40.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$71.7 Billion by the year 2030 trailing a CAGR of 15% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.5% and 8.9% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$48 Billion by the year 2030.
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