Bharat Book Bureau Provides
the Trending Market Research Report on "Print Media Global Market
Report 2021"under Media and
Technology Market Research Reports section. The report offers a collection of superior
market research, market analysis, competitive intelligence and industry
reports.
Print Media Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global print media market as it emerges from the Covid 19 shut down.
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the market.
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• Report will be updated with the latest data and delivered to you within 3-5
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The outbreak of Coronavirus disease (COVID-19) has
acted as a significant restraint on some of the print media markets in 2020 as
businesses were disrupted due to lockdowns imposed by governments globally.
COVID 19 is an infectious disease with flu-like symptoms including fever,
cough, and difficulty in breathing. The virus was first identified in 2019 in
Wuhan, Hubei province of the People’s Republic of China and spread globally
including Western Europe, North America and Asia. Steps by national governments
to contain the transmission have resulted in a decline in economic activity and
restricted movement of goods and services with countries entering a state of
'lock down'. The outbreak is expected to continue to have a negative impact on
businesses throughout 2020 and into 2021. However, many media markets have been
unaffected or benefited from this as they transmit their content remotely
through digital channels. It is expected that the print media market will
recover from the shock across the forecast period as it is a 'black swan' event
and not related to ongoing or fundamental weaknesses in the market or the
global economy.
E-books sales is growing rapidly in established markets of the USA and Europe.
eBooks generated a higher share of revenues than the physical print in
developed markets such as the US and UK. According to PWC, total global book
publisher’s revenue will increase, growing at a CAGR 1.7%, during the forecast
period. Although the physical book publisher’s industry continues to shrink
(-2.8%), this decline is offset by growth in e-books which are predicted to
grow at a CAGR of 11.7% in the forecast period. Increasing consumer preference
for the digital versions is expected to significantly impact the growth of the
market during this period.
Browse our full report with Table of Contents :
https://www.bharatbook.com/marketreports/print-media-global-market-report-2021/2316434
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