In 2023, Open Access sales reached $1.9 billion, increasing to $2.1 billion in 2024, up from $1.8 billion in 2022. Projections indicate growth to $3.2 billion by 2028. Simba Information’s report, Open Access Journal Publishing 2024-2028 explores the various revenue streams in OA journal publishing for 2024 and beyond.
The report offers a comprehensive overview and financial forecast for the OA journal publishing market, highlighting the performance of top publishers through 2024 and market predictions through 2028. Simba gathered data from global OA journal sales, leading publishers, and revenue forecasts up to 2028. To create a financial outlook for open access journal publishing, Simba utilized primary and secondary research, competitor interviews, industry expert consultations, and financial data analysis. This research was part of a broader study on the scholarly and professional publishing market.
Additionally, the report includes an in-depth analysis of 10 leading OA publishers, such as:
Springer Nature
Elsevier
MDPI AG
John Wiley & Sons
Frontiers
IEEE
Informa PLC
SAGE Publications
Methodology
Definition of Open Access Journal Publishing
Scope of the Report
Sources of Information
Methodology for Projecting/Estimating Results
Executive Summary
Introduction
What is Open Access Publishing?
Key Facts & Trends
Open Access Sales Reach $1.9 billion in 2023
Normalization of Research Outputs
Research Integrity Prime Industry Challenge
AI Solutions Deployed as Integrity Firewall
Europe's New Plan Emphasize Preprints Over APCs
Open Access Journal Market
Introduction
Key Developments in Open Access
Internet, Economics Launch Open Access Movement
Plan S Takes Aim at Hybrid Journal Model
Biden Changes US Open Access Policy
Open Access Definitions and Publishing Models
Open Access Journals
Gold
Green
Hybrid
Diamond
Bronze
Megajournals
Article Processing Charges (APCs)
Institutional Memberships
The Open Access Ecosystem
Public Funding Agencies
National Institutes of Health
European Research Council
UK Research and Innovation
The Wellcome Trust
Howard Hughes Medical Institute (HHMI)
Institutional Mandates
Market Size
Table Open Access Journal Market by Metric, 2021 – 2023
APC Journal Revenue
Direct Support
Premium Services
Memberships
Transformative Agreements
Table Largest Transformative Agreements by Number of Publications Covered
Other Measures of Market Size
Open Access by Discipline
Medical & Biosciences
Scientific & Technical
Social Science and Humanities (SSH)
Open Access Publishing by Geography
North America
Europe
Asia-Pacific
Rest of the World
Language
Leading Open Access Journal Publishers
Introduction
Leading Open Access Journal Publishers
Table Leading Open Access Journal Publishers' Revenue, 2021 – 2023
Springer Nature
Company Overview
Recent Company Performance
Open Access Strategy
Table Most Cited Journals, 2023
Elsevier
Company Overview
Recent Company Performance
Open Access Strategy
Table Leading Publishers by Titles in the Directory of Open Journals 2024
MDPI AG
Company Overview
Table Top-Cited Journals in Chemistry & Materials Science, 2023
Recent Company Performance
Table Top-Cited Journals in Earth and Planetary Science, 2023
Open Access Strategy
John Wiley & Sons
Company Overview
Table Most Active Peer Reviewed Open Access Journal Titles,2024
Recent Company Performance
Table Top-Cited Journals in Engineering and Materials Science, 2023
Open Access Strategy
Frontiers
Company Overview
Table Top-Cited Journals in Neuroscience 2023
Table Top-Cited Journals in Immunology and Microbiology, 2022
Recent Company Performance
Open Access Strategy
IEEE
Company Overview
Table Top-Cited Journals in Computer Science 2023
Recent Company Performance
Open Access Strategy
Informa PLC
Company Overview
Recent Company Performance
Open Access Strategy
Sage Publications
Company Overview
Recent Company Performance
Open Access Strategy
Wolters Kluwer
Company Overview
Recent Company Performance
Open Access Strategy
Public Library of Science (PLOS)
Company Overview
Recent Company Performance
Table Top-Cited Multidisciplinary Journals 2023
Open Access Strategy
Other Notable Publishers
De Gruyter Brill
Oxford University Press
Table Top-Cited Journals in Health Professions, 2023
American Chemical Society
Table Leading Journal Publishers by Average Citation per Article, 2023
Mergers & Acquisitions in the OA Journal Market
Table OA Journal Publishing M&A Activity, 2022
Table OA Journal Publishing M&A Activity, 2023-2024
Trends & Forecast
Introduction
Trends in Open Access Publishing
Normalization of Research Outputs
Research Integrity Prime Industry Challenge
AI Solutions Deployed as Integrity Firewall
Megajournals Under the Microscope
Library Budgets Remain Stretched
APCs and Inflation
Europe's New Plan Emphasize Preprints Over APCs
Drive for New Sources of OA Funding
China's Research Rising Impact
Table Research & Development Spending Forecast by Country, 2024 – 2028 ($ in billions)
Research & Development Spending Maintains Strong Outlook
Non-Open Access Journals Garner Slightly More Citations per Paper
Peer Review Most Prevalent in Open Access Journals
Open Access Publishing Forecast
Steady GDP Growth Forecast Globally
Table World GDP Projected Growth by Region, 2024 – 2027
Market Forecast
Table Open Access Journal Forecast by Metric, 2024 – 2028
Forecast Leading Publishers
Table Leading OA Journal Publishers Forecast, 2023 - 2024P ($ in millions)