Digital Publishing Platforms & Print Paper Publishing
Global Publishing Market to Reach $316.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Publishing estimated at US$288.2 Billion in the year 2020, is projected to reach a revised size of US$316.8 Billion by 2027, growing at aCAGR of 1.4% over the period 2020-2027. Traditional, one of the segments analyzed in the report, is projected to record 0.9% CAGR and reach US$167.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Digital segment is readjusted to a revised 1.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $78.6 Billion, While China is Forecast to Grow at 2.1% CAGR
The Publishing market in the U.S. is estimated at US$78.6 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$55.6 Billion by the year 2027 trailing a CAGR of 2.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 1.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1% CAGR.
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