Global Print Media Market Trends And Strategies Of Major Players In The Print Media Market 2021-2030
28 Jun, 2021
The print media market consists of sales of newspapers, magazines, other periodicals, books, directories and mailing lists, and other works, such as calendars, greeting cards, and maps and related services such as advertising space by entities (organizations, sole traders or partnerships) that publish print media.
Global Print Media Market Size And Drivers:
The global print media market is expected to grow from $287.87 billion in 2020 to $313.28 billion in 2021 at a compound annual growth rate (CAGR) of 8.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $342.81 billion in 2025 at a CAGR of 2%. The rise in social media and the increasing volume of consumer data is driving growth in the newspapers and magazines industry.
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Trends In The Global Print Media Market
Publishers with digital first model are investing significantly in building in-house data and analytics team. For example, Next Big Sound’s, Next Big Book application provides a dashboard for the publishing industry which offers information on sales, publicity events, social media, and web trends data regularly to offer a holistic view of the books’ performance. It will highlight factors that are the most influential such as news preferences, columnist preferences and genre preferences.
Global Print Media Market Segments:
The global print media market is further segmented based on type and geography.
By Type: Directory, Mailing List, And Other Publishers, Book Publishers, Newspaper & Magazines Publishers
Subsegments covered: Directory and Mailing List, Other Publishers, Consumer Books, Educational books, Religious Books, Newspapers, Magazines
By Geography: The global print media market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global print media market, accounting for 37% of the market in 2020.
Read More On The Report For The Global Print Media Market At:https://www.thebusinessresearchcompany.com/report/print-media-global-market-report-2020-30-covid-19-impact-and-recovery
Print Media Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides print media market overviews, analyzes and forecasts market size and growth for the global print media market, print media market share, print media market players, print media market segments and geographies, print media market’s leading competitors’ revenues, profiles and market shares. The print media market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.