Latest News- Digital Publishing Market: Text content is expected to lead the Product segment during 2025-2029

The Digital Publishing Market is being driven by Digitization of paperback books

The Digital Publishing Market is expected to grow at a CAGR of 13.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 155.7 billion. The mobile application market is experiencing exponential growth, with an anticipated continuation throughout the forecast period. Mobile applications play a pivotal role in enhancing consumers' mobile experience, as over 90% of smartphone users engage with apps. Beyond social applications, approximately two-thirds of smartphone users utilize news, music, entertainment, or sports apps. With increasing consumer downloads across various segments, the expansion trend of mobile applications is poised to significantly contribute to the expansion of the global digital publishing market during the forecast period. Notably, global app downloads reached approximately 257 billion in 2023, marking a 7% increase from the previous year. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Text content
  • Video content
  • Audio content
• Application
  • Smartphones
  • Laptops
  • PCs
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Digitization of paperback books
• Mandate on cable TV digitization
• Strategic partnerships among various vendors

However, the market also witnesses some limitations, which are as follows:

• High subscription costs
• Privacy and cybersecurity issues
• Piracy-related challenges

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Market Scope in Digital Publishing Market Research Report

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Research Analysis Overview

The digital publishing market encompasses various forms of electronic content distribution, including e-books, online magazines, newsletters, and journals. Websites, social media platforms, and search engines play crucial roles in disseminating text, audio, and video content. Online technology facilitates access to financial magazines, medical journals, and educational materials on smart electronic devices like tablets, smartphones, e-readers, and computers. Advertising opportunities exist on digital publishing platforms and application platforms, while consulting services offer expertise in navigating this dynamic industry.

Market Research Overview

In the digital publishing market, core functions encompass content development, product development, design, marketing and sales, and outbound logistics. Content development is a pivotal aspect of the publishing industry, requiring substantial investment in writing, research, revisions, and asset sourcing. Success hinges on delivering high-quality content, particularly in textbook and learning publishing segments, where measurable learning outcomes are crucial for both instructors and students. Product development involves managing the production and manufacturing processes for digital and physical publications, ensuring timely delivery and quality output.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/