Scientific and Technical Publication

Scientific and Technical Publication

Global Scientific and Technical Publication Market to Reach US$14.1 Billion by 2030

The global market for Scientific and Technical Publication estimated at US$11.9 Billion in the year 2023, is expected to reach US$14.1 Billion by 2030, growing at a CAGR of 2.4% over the analysis period 2023-2030. Traditional Publishing, one of the segments analyzed in the report, is expected to record a 2.3% CAGR and reach US$7.3 Billion by the end of the analysis period. Growth in the Digital Publishing segment is estimated at 2.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$3.2 Billion While China is Forecast to Grow at 3.6% CAGR

The Scientific and Technical Publication market in the U.S. is estimated at US$3.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$2.6 Billion by the year 2030 trailing a CAGR of 3.6% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.5% and 2.2% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Global Scientific and Technical Publication Market - Key Trends and Drivers Summarized

Scientific and Technical Publication: What Drives the Evolving Landscape of Knowledge Dissemination?

The scientific and technical publication market plays a pivotal role in disseminating research findings and technical knowledge across various fields, including medicine, engineering, and the natural sciences. This market includes journals, e-books, conference proceedings, and databases that provide peer-reviewed content to researchers, professionals, and academicians. The rise of digital publishing has revolutionized this space, with an increasing shift towards electronic journals and open access models that make research more accessible to a global audience. This shift is driven by the need for faster dissemination of knowledge, greater visibility, and the growing demand for research transparency and data sharing among the scientific community.

How Is Open Access Transforming Scientific Publishing?

Open access (OA) is one of the most significant trends reshaping the scientific and technical publication market. The OA model allows unrestricted online access to scholarly research, enabling wider dissemination and greater impact of scientific work. Funders, universities, and research institutions increasingly support OA publishing to promote research accessibility and transparency. This shift is fostering the development of new business models, such as Article Processing Charges (APCs), which allow publishers to maintain revenues while providing free access to readers. Moreover, the emergence of preprint servers, where researchers can share their findings before peer review, is accelerating the speed of scientific communication and fostering collaboration among scientists worldwide.

What Role Do Technological Innovations Play in This Market?

Technological innovations are significantly enhancing the efficiency, quality, and impact of scientific and technical publications. The use of artificial intelligence (AI) and machine learning (ML) is optimizing the peer review process by detecting potential plagiarism, identifying appropriate reviewers, and enhancing editorial decisions. Blockchain technology is also being explored to create transparent, tamper-proof systems for peer review and authorship records. Additionally, data-driven publishing tools are enabling more targeted content curation and personalized recommendations, enhancing user engagement. These advancements are not only streamlining the publication process but also improving the accessibility and integrity of scientific information.

What Drives the Growth in the Scientific and Technical Publication Market?

The growth in the scientific and technical publication market is driven by several factors, including the increasing demand for open access publishing, the rise in global research and development activities, and the advancement of digital publishing technologies. The growing emphasis on interdisciplinary research is expanding the scope and volume of scientific publications. Government funding for research and the expansion of academic and research institutions in emerging markets are also boosting demand for high-quality scientific journals and technical publications. The increasing integration of AI and machine learning is enhancing the quality and efficiency of the peer review process, driving more streamlined and impactful publications. Furthermore, the collaboration between publishers and academic institutions to promote open science and the adoption of data-sharing principles is significantly contributing to market growth.

Select Competitors (Total 76 Featured) -

• ACTA Press
• Albert Whitman & Company
• Australian Geographic Holdings Pty Limited
• Berli Jucker Public Company
• Centre national de la recherche scientifique (CNRS)
• CERN
• Dowty Propellers
• Elsevier BV
• France Media, Inc.
• Georg von Holtzbrinck GmbH & Company KG

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