Magazine Publishing Market to Record 0.90% Y-O-Y Growth Rate in 2021 | Forbes Media LLC- Offers magazines that cover a wide range of news and others such as billionaires, lifestyle, business, shopping, and others

NEW YORK, Jan. 18, 2022 /PRNewswire/ --

Digital English Language Learning Market Facts at a Glance-

Total Pages: 120
Companies: 10+ – Including Bertelsmann SE and Co. KGaA, Bloomberg LP, British Broadcasting Corp., Conde Nast, Forbes Media LLC, Gannett Co. Inc., Hearst Communications Inc., Meredith Corp., Schibsted ASA, and The New York Times Co. among others.
Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
Segments: Type (print and digital) and geography (Europe, APAC, North America, MEA, and South America)
Geographies: APAC (China, Japan), Europe (Germany, Russian Federation), North America (US)

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According to the recent market study by Technavio, the Magazine Publishing Market by Type and Geography - Forecast and Analysis 2021-2025 is expected to increase by USD 3.43 billion from 2020 to 2025. However, the market will decelerate at a CAGR of 0.65%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.

APAC will register the highest growth rate of 50% among the other regions. China and Japan are the key markets for magazine publishing in APAC. Market growth in this region will be faster than the growth of the market in Europe and North America.

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Vendor Insights-

The Magazine Publishing Market is fragmented, and the vendors are deploying growth strategies such as focusing on product delivery through multiple distribution channels to compete in the market.

Forbes Media LLC - The company offers magazine Forbes that covers various things like business, money, real estate, shopping, small business, billionaires and others.

Conde Nast - The company is home to many of the well-known brands such as Vogue, The New Yorker, GQ, Vanity Fair, Wired, Architectural Digest (AD), Condé Nast Traveler, and La Cucina Italiana.

Meredith Corp. - The company publishes magazine covers such as Shape, parents, living, all recipes, reveal, health and others.

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Regional Market OutlookThe magazine publishing market share growth in APAC will be significant during the forecast period. China and Japan are the key markets for magazine publishing in APAC. Market growth in this region will be faster than the growth of the market in Europe and North America.

The European magazine publishing industry is likely to develop during the forecast period, as businesses in the region issue new magazines for marketing purposes. One of the most successful ways to sell products or services is through magazines. This has prompted several businesses to enter the market by producing their marketing-oriented periodicals.

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Latest Drivers & Trends Driving the Market-

Magazine Publishing Market Driver:

Increase in use of smartphones and tablets:

One of the primary factors driving the growth of the worldwide magazine publishing industry is the increasing use of tablets and smartphones, which are now the most popular platforms for viewing digital magazines. With the growing number of smartphone and tablet users throughout the world, the demand for mobile applications is rising, prompting magazine publishers to develop mobile apps to improve consumer engagement.

As a result, a variety of businesses are building applications to give better services. As the number of people using smartphones and tablets grows, so will the number of magazines that have apps. During the projected period, this is expected to assist the worldwide magazine publishing market's growth.

Magazine Publishing Market Trend:

Adoption of magazines as a focused advertising platform:

Advertisements in magazines can target readers based on their profession, shared interests, geographic location, and other factors. Furthermore, advertisers can target individual readers while advertising in print or digital publications, making their promotional budget more successful. Advertisers are employing native advertising in digital magazines as the popularity of digital advertising grows.

One of the main advantages of such commercials is that they do not appear to be adverts at all. Instead, they appear to be a natural part of the page's editorial flow. Advertisements using native advertising are more likely to be noticed. As a result, demand for magazine publishing is likely to rise during the projection period, as magazines provide a superior advertising platform for advertising service providers.

Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.

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Digital Educational Publishing Market in Europe by End-user and Geography - Forecast and Analysis 2021-2025

Magazine Publishing Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Decelerate at a CAGR of 0.65%
Market growth 2021-2025	$ 3.43 billion
Market structure	Fragmented
YoY growth (%)	0.90
Regional analysis	Europe, APAC, North America, MEA, and South America
Performing market contribution	APAC at 50%
Key consumer countries	US, China, Germany, Japan, and Russian Federation
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	Bauer Media Group Inc., Bertelsmann SE, and Co. KGaA, Bloomberg LP, British Broadcasting Corp., CBS Interactive Inc., Conde Nast, Dazed Media, Forbes Media LLC, Gakken Holdings Co. Ltd., Gannett Co. Inc., Global Media LLC, Guardian News and Media Ltd., Hearst Communications Inc., Meredith Corp., National Geographic Partners LLC, Nine Entertainment Co. Holdings Ltd., Paste Media Group, Raise Vegan Inc., Schibsted ASA, and The New York Times Co.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Email: media@technavio.com
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