Digital Newspapers & Magazines Market Size, Share & Trends Analysis Report By Type (e-Newspapers, e-Magazines, Digital Newspaper Advertising, Digital Magazine Advertising), By Region, And Segment Forecasts, 2022 - 2028

Digital Newspapers & Magazines Market Size, Share & Trends Analysis Report By Type (e-Newspapers, e-Magazines, Digital Newspaper Advertising, Digital Magazine Advertising), By Region, And Segment Forecasts, 2022 - 2028

Digital Newspapers & Magazines Market Growth & Trends

The global digital newspapers & magazines market size is projected to reach USD 45.75 billion by 2028, registering a CAGR of

4.2% during the forecast period, according to a new report by Grand View Research, Inc. The growing popularity and acceptance

of digital newspapers & magazine media across the globe are accelerating market growth. Moreover, the increasing number of

paid subscribers of digital publishing across the globe is accelerating market growth.

Nowadays, the traditional print media industry is shifting towards digital media formats which in turn is expected to

accelerate the market growth. Moreover, the increasing penetration rate of the internet and the number of smartphone users

across the globe is propelling the market growth.

Moreover, a lockdown situation has been observed during the COVID 19 pandemic, and it showed a slight impact on the digital

newspapers & magazines market due to the rising number of users who engaged in reading newspapers and magazines through

digital platforms around the world. Furthermore, technological advancement in artificial intelligence and machine learning is

expected to drive market growth during the forecast period.

Additionally, an increasing number of digital newspapers and magazine providers across the globe are expected to propel

market growth. In addition to this, the increasing investment in digital newspapers & magazines after the ease of several

restrictions during the pandemic will boost the market growth during the forecast period.

The e-Newspapers segment is expected to register the highest CAGR of 5.8% from 2022 to 2028. The increasing number of

subscribers of newspapers by people is expected to boost the market growth during the forecast period. Moreover, digital

publishing, strategic partnerships, and diversified business models are expected to accelerate market growth during the

forecast period. Moreover, the publisher is focusing on developing in-house data and analytics capabilities, which may propel

market growth. However, the strict norms regarding data piracy are hindering the market growth.

North America dominated the market with a revenue share of around 45% in 2021. The growing penetration of smartphone users in

the U.S. and Canada is accelerating the market growth in this region. Furthermore, the increasing investments in

technological development and virtual reality platforms globally by the various companies have projected market growth over

the upcoming years. Additionally, the increasing adoption of paid subscriptions to digital newspapers and magazines in this

region is boosting the market growth during the forecast period. Moreover, newspaper and magazine advertising is gaining

popularity in the advertising world as it creates brand awareness among the people, thus driving the market growth.

Digital Newspapers & Magazines Report Highlights

• North America registered the largest market share of around 45% in 2021 owing to increasing digital newspaper

circulation

• e-Newspapers segment is expected to foresee the fastest growth, with a CAGR of 5.8% from 2022 to 2028 due to the

rising number of readers

• Digital newspaper advertising segment held the largest market share in 2021and contributed over 35% of the total

revenue due to increasing spending by various industries in advertising through the digital format

• Asia Pacific is expected to witness the fastest growth, with a CAGR of 6.6% from 2022 to 2028 owing to growing

spending on digital newspapers & magazinesPlease note The report will be delivered in 2-3 business days upon order notification.