Lucintel Estimates the Global Publishing Industry to Reach US $348 Billion in 2017
Irving, Texas (PRWEB) January 02, 2013
The global publishing industry has experienced positive growth over the last five years and is expected to reach an estimated US $348 billion in 2017 with a CAGR of 2.3% over the next five years. Internet publishing, foreign investment and the elimination of regulatory restrictions are expected to boost the Publishing industry in future.
Lucintel, a leading global management consulting and market research firm, has analyzed the Global Publishing industry and presents its findings in Global Publishing Industry 2012-2017: Trend, Profit and Forecast Analysis.
The publishing industry consists of organizations primarily engaged in publishing newspapers, magazines, periodicals, books, directories and mailing lists, calendars, greeting cards and maps in print or electronic form. The industry is a highly fragmented with North American dominating. A combination of factors such as literacy level, income level, changing life style, advertiser spending, technological changes, and government regulations are seen to impact industry dynamics significantly.