Book Publishers Market 2020 Precise Outlook -Pearson plc, Bertelsmann, Hachette Livre

Global Book Publishers Market, delivering a must-read report for industry stakeholders wanting to understand the strategic landscape of this increasing sector. Readers will find an in-depth analysis of the market and how it will impact existing traditional markets, as well as insights into future development and opportunities across the globe.

According to the study, the global book publishers market is expected to decline from $92.8 billion in 2019 to $85.9 billion in 2020 at a compound annual growth rate (CAGR) of -7.5%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 2% from 2021 and reach $91.4 billion in 2023.

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Key Players:

Pearson plc (LON: PSON); Bertelsmann; Hachette Livre; China South Publishing & Media Group (SHA: 601098); Grupo Planeta, request sample for a complete list of companies.

The leading players of the industry, their market share, product portfolio, company profiles are covered in this report. The competitive market scenario among players will help the industry aspirants in planning their strategies.

Summary

The Asia Pacific was the largest region in the global book publishers market, accounting for 34% of the market in 2019. North America was the second largest region accounting for 34% of the global book publishers market. Africa was the smallest region in the global book publishers market.

The rise in social media and the increasing volume of consumer data is driving growth and innovation in the book publishers industry. Book publishers can have broad and deep visibility into their consumers, distributors, and other stakeholder data. Publishers with the digital-first model are investing significantly in building in-house data and analytics teams. For example, Next Big Sounds, Next Big Book application provides a dashboard for the publishing industry that draws on sales, publicity events, social media, and web trends data regularly to offer a holistic view of the performance of the book. It will highlight factors that are the most influential such as social signals, book tours, prices, and authors. Experiments are also underway to use big data in the fields of dynamic pricing and also for personalized suggestions based on the viewer's history.

The book publishers market consists of revenues generated by entities (organizations, sole traders or partnerships) that carry out design, editing, and marketing activities necessary for producing and distributing books. These establishments may publish books in print, electronic, or audio form. Their products include atlases, religious books, school or university textbooks, encyclopedias, technical manuals, maps, and travel guides, in all cases excepting exclusive internet publishing).

Markets Covered:
1) By Type: Consumer Books; Educational books; Religious Books
2) By Readers' Age Group: Below 12 Years; 13 Years to 18 Years; Above 18 Years

Market Segment by Regions:

Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

These segments are thoroughly evaluated on an individual basis and a team of analysts has ensured to give a crystal clear idea about various lucrative segments of the industry. This detailed analysis using segmentation by providing precise results on industry-related markets.

The report also analyzed the evolution of industry trends. Several macroeconomic factors such as Gross domestic product (GDP) and the increasing inflation rate is expected to affect directly or indirectly in the development of the industry.

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Frequently Asked Questions about “Book Publishers market” :

What will the Book Publishers market size/ forecast be in 2030?
What is the growth rate (CAGR) of the Book Publishers market?
Who are the key players/top companies in the Book Publishers market?
What are the key market trends (Strength Weaknesses Opportunities Threats Analysis) driving the global Book Publishers market?
What are the challenges to growth and the new opportunities in the Book Publishers market?
Which is the highest growing region or country for the Book Publishers market?
Which is the top growing segment/application/end-user industry?
What will be the impact of COVID-19 Pandemic (Coronavirus) on the industry?

Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or 3 countries or nearly 40 analyst hours.

Note:

All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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This release was published on openPR.