Digital Publishing Platforms Market Size & Share, by Solution (Digital Publishing Platforms, Services); Enterprise Sizes (Large Enterprises and Small and Medium Enterprises); Distribution Channel (Online, Offline); Industry (Rack Mount, Portable) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5718
  • Published Date: Feb 21, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Digital Publishing Platforms Market size is anticipated to reach USD 136 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of digital publishing platforms was over USD 3 Billion. Digital publishing platforms are software tools that help content creators, designers, and publishers to create, edit, and publish content online. Digital publishing platforms are effective and simple to make substance online and produce activity and conceivable monetization from online substance. The computerized distributing stages moreover empower the transformation from print and PDF-based designs to mobile-friendly perusing encounters. Currently, electronic documents are becoming the preferred method of documentation for more than 90% of enterprises.

Given the growing need for more personalized communications between businesses, the global digital publishing platforms market is projected to grow considerably over the forecast period. Various features such as multiplatforms optimization, selling subscription packages, analysis of content, traffic, and engagement are included in this service. The growth of the market is driven by the reliability of those features.


Digital Publishing Platforms Market overview
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Digital Publishing Platforms Sector: Growth Drivers and Challenges

Growth Drivers

  • Growing Digitalization in Educational Content - The growth of the digital publishing platforms market is driven by the increasing digitization of books and information on learning. The conversion of information, such as from traditional printed textbooks to electronic reading devices like book readers, smartphones, and tablets, has contributed to the evolution of teaching methods in this way. For instance, in January 2022, as of The World Economic Forum, a Switzerland-based nongovernmental organization, 92 million understudies enrolled for Coursera's online courses in 2021, an increment of 29% compared to 2020, when 71 million students enlisted for online courses. 
  • Growing Penetration of E-books - The growth of the digital publishing platforms market is projected to be stimulated by the increasing adaptation of e-books. The term eBook or Electronic Book is used to describe a digital or electronic version of a printed book that can be read on computers, e-readers, tablets, smartphones, and other devices. The eBook provides readers with the convenience of accessing a large library of content on their electronic devices, making it easy for them to carry and access many titles wherever they are going.

Challenges

  • Data Privacy Concerns Associated – Publishers need to be careful about how they collect and use user data, as there are growing concerns about data privacy.
  • Competition from Large Platforms is Set to Hamper the Digital Publishing Platforms Market Growth in the Upcoming Period
  • The need to Stay Updated with Technology is Set to Pose Limitations on the Market Growth in the Projected Period

Digital Publishing Platforms Market: Key Insights

Base Year

2023

Forecast Year

2024 - 2036

CAGR

~8%

Base Year Market Size (2023)

~USD 3 Billion

Forecast Year Market Size (2036)

~USD 136 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Digital Publishing Platforms Segmentation

Solution (Digital Publishing Platforms, Services)

Based on the solution, the digital publishing platforms segment in the digital publishing platforms market is set to hold the largest share of 60% by the end of 2036. Digital publishing platforms offer a range of benefits for content creators and publishers, with the advent of digital publishing platforms leading to greater flexibility, an increased level of distribution efficiency as well as reduced production costs. To meet the growing needs of creators and consumers on the market, more sophisticated tools and services are being made available as Digital Publishing develops. There is a growing demand for digital content on the market due to the growth of automation and technological progress. Platforms enabling authors to publish, read, write, and distribute online content directly from their devices have been requested by developers. Cloud storage has grown in popularity in recent years, leading to a sharp increase in data storage, with several businesses trying to ensure that data is stored and transferred safely.

Distribution Channel (Online, Offline)

Based on the distribution channel, the online segment in the digital publishing platforms market is set to hold the largest revenue share during the forecast period. Digital publishing is the use of digital channels, such as web pages, social networks, apps, and email, to publish digital content. This method of publication allows publishers to reach a larger audience more quickly than traditional means of delivery, as well as allowing for greater interactivity. Furthermore, it makes it possible to improve the analysis of readers' engagement and target advertising and content.

Our in-depth analysis of the global digital publishing platforms market includes the following segments:

          Solution

  • Digital Publishing Platforms
  • Services

          Enterprise Sizes

  • Large Enterprises
  • Small and Medium Enterprises

          Distribution Channel

  • Online
  • Offline

          Industry

  • Rack Mount
  • Portable

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Digital Publishing Platforms Industry - Regional Synopsis

North American Market Forecasts

The North American region is set to dominate the digital publishing platforms market by the end of 2036. The growth of this market can be primarily attributed to the back of increasing integration of cloud-based digital publishing platforms in this region. Major digital publishing market players such as Adobe Inc., Apple Inc., Amazon.com Inc., and Letter set Inc. are shown and effectively locked in in associations, acquisitions, the advancement of modern items, and item enhancements, which advances advanced distributing advertise extension in this region. Such as Comcast Inc. disclosed a new strategy of joining TV promoting campaign administration. The expanding utilization of mobile devices has also been a major calculate in the development of the advanced distributing advertise in North America. Buyers are progressively utilizing their mobile devices to get to the computerized substance, which has led to an increment in the number of advanced distributors within the locale. 

APAC Market Statistics

The digital publishing platforms market in the Asia Pacific is set to grow significantly during the period between 2024-2036. the region's huge population and high internet penetration rate are contributing to the development of the computerized distributing showcase. The expanding request for digital content is driven by the developing number of computerized locals within the locale, who are more likely to expend digital content than conventional print media. Besides, the accessibility of reasonably advanced gadgets, such as smartphones and tablets, has empowered more individuals to get to advanced substances. The expanding request for digital content has moreover driven the development of modern trade models, such as subscription-based administrations and pay-per-view models. This has empowered publishers to monetize their substance and reach a more extensive gathering of people. 

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Digital Publishing Platforms Market size
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Companies Dominating the Digital Publishing Platforms Landscape

top-features-companies
    • Adobe Inc
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Thomson Reuter Corporation
    • Netflix Inc
    • Amazon.com Inc
    • Apple Inc
    • Comcast Corporation
    • Hive Media Group Inc
    • Microsoft Corporation
    • Barnes & Noble
    • Ingram Content Group

In-the-news

In The News

  • January 2022 Hive Media Group Inc. was acquired by OpenWeb, a US-based social media engagement platforms for an undisclosed amount. To improve revenue and build relationships with audiences, OpenWeb intends to expand its technology portfolio as a result of the acquisition. The company is Hive Media Group Inc., a US-based Digital Publishing and Advertising Platforms Company.
  • Amazon.com Inc. acquired Metro Goldwyn Mayer, a media company based in California, United States, in May 2021. The company was acquired by Amazon.com Inc for about $9 billion, to increase its digital platforms as well as customer base.

Author Credits:  Abhishek Verma, Hetal Singh


  • Report ID: 5718
  • Published Date: Feb 21, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand for e-books and growing consumption of online content are some of the major factors anticipated to drive the growth of the digital publishing platforms market.

The market is anticipated to attain a CAGR of ~8% over the forecast period, i.e., 2024-2036.

The major players in the market are Hive Media Group Inc., Microsoft Corporation, Barnes & Noble, Ingram Content Group, and others.

The online segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Digital Publishing Platforms Market Report Scope
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