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Digital Newspaper Publishing Market size is set to grow by USD 9.27 billion from 2024-2028, Increase in adoption of e-newspapers among individuals boost the market, Technavio

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NEW YORK, July 10, 2024 /PRNewswire/ — The global digital newspaper publishing market is poised to grow by USD 9.27 billion from 2024 to 2028, with a projected CAGR of 4.6%. Key drivers include increasing adoption of e-newspapers, particularly among millennials seeking instant news access. However, stringent regulatory frameworks present challenges for digital platforms. Key players driving this growth include Axel Springer SE, Bertelsmann SE and Co. KGaA, Daily Mail and General Trust plc, News Corp., and others.

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Digital Newspaper Publishing Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.6%

Market growth 2024-2028

USD 9.27 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.18

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 38%

Key countries

US, China, UK, India, and France

Key companies profiled

Axel Springer SE, Bertelsmann SE and Co. KGaA, Business Standard Pvt. Ltd., Daily Mail and General Trust plc, EXOR N.V., Gannett Co. Inc., Guardian Media Group plc, Hearst Communications Inc., IE Online Media Services Pvt. Ltd., McClatchy, National World plc, News Corp., NHI Nash Holdings Inc., Nikkei Inc., Readly International AB, Schibsted ASA, The Economist Newspaper Ltd., The New York Times Co., Times Media Group, and Tribune Publishing Co.

Market Driver

The Millennial generation’s preference for instant gratification has significantly impacted the news industry, leading to the rise of digital newspaper publishing. With the widespread use of smartphones and social media, Millennials have access to real-time news updates, making traditional news sources obsolete. According to a survey by the American Press Institute, 85% of Millennials consume news on mobile devices, compared to only 21% of those aged 65 and above. Social media platforms, such as Twitter and Facebook, serve as primary sources of news for Millennials, providing instant updates and short-form content. The desire for immediacy and relevance drives Millennials to stay informed on current events, particularly during crises like the COVID-19 pandemic. Mobile-only news outlets cater to this preference, delivering bite-sized updates and covering topics relevant to Millennials. The global digital newspaper publishing market is expected to grow due to these factors, as Millennials continue to seek instant and personalized news experiences. 

The Digital Newspaper Publishing Market is experiencing significant growth with trends like acquisitions, advertising, and digitalization of media leading the way. Adults, especially in developing economies, are increasingly turning to digital platforms for news and information. Digital advertising revenues are on the rise, with advertising technology enabling cost-effective and creative advertising campaigns. Convergent platforms are becoming popular, offering a blend of digital newspaper, magazine subscriptions, and audio content. Augmented reality (AR) and audio/podcasts are also gaining traction. Industry verticals like education, finance, and brand awareness are investing in digital publishing. Digital publication firms and vendors are experimenting with e-books, e-readers, and e-publishing to cater to the growing demand for digital content. Industry chain structure includes image advertisers, financial institutes, and digital media companies. Digitalization of media is transforming the business models of bookstores and traditional publishers. Electronic devices are essential for digital readers, making digital technology a key driver for the market. 

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Market Challenges

•         Digital newspaper publishing faces growing regulatory challenges as governments work to prevent misinformation and safeguard user privacy. The European Union’s GDPR requires explicit user consent and data access rights, with potential fines of up to 4% of global revenue for non-compliance. In the US, the Journalism Competition and Preservation Act aims to enable news organizations to negotiate collectively for fair compensation from digital platforms. Additionally, numerous countries have enacted legislation against fake news and disinformation, with penalties for publishers. For instance, Germany’s Network Enforcement Act mandates content removal within 24 hours for hate speech or incitement violations. These regulations may hinder the digital newspaper publishing market’s growth during the forecast period.

•         The digital newspaper publishing market is evolving rapidly with new functions and technologies. Traditional print newspapers face challenges from online newspapers and magazines, as well as tech giants like Google and Facebook. Publishers must adapt to online technology and subscription models to reach readers on PCs, Smartphones, and tablets. Product launch and product enhancement are crucial for staying competitive. Trust in journalists and quality journalism remain essential, but piracy and revenue streams from print newspapers and advertisements are declining. News Corporation and other publishing houses must navigate these changes, offering premium segment readers single issues, text, video, and virtual reality (VR) content. Search engines and social media are important distribution channels, while online technology and subscription models continue to reshape the industry. Type Insights and other online publishing platforms provide opportunities for product innovation, but publishers must balance the needs of print and digital audiences. Overall, the newspaper industry must adapt to the digital age to remain relevant and profitable.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This digital newspaper publishing market report extensively covers market segmentation by  

Type 1.1 General news1.2 Specific newsApplication 2.1 Smartphones2.2 Laptops2.3 PCs2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 General news-  General news on digital newspaper platforms covers a wide range of topics, including politics, crime and safety, business, entertainment, and sports. Politically, the media reports on government policies, elections, and laws, providing the public with essential information on how these issues impact their daily lives. Crime and safety updates keep readers informed on criminal activities and safety measures, while business news covers trends in the economy, financial markets, and business deals. Entertainment news provides insights into the latest releases and celebrity interviews, and sports news keeps audiences updated on major events and local matches. The media’s responsibility is to maintain accuracy, impartiality, and objectivity when reporting general news. Topics like politics, crime, business, entertainment, and sports are expected to fuel the growth of the general news segment in the global digital newspaper publishing market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The digital newspaper publishing market is experiencing rapid growth as traditional print media transitions to digital platforms. Online newspapers and magazines offer convenience and accessibility to readers, enabling real-time news and information consumption. Subscriptions are a significant revenue stream, with premium segment readers willing to pay for high-quality digital content. Advertising is another key revenue generator, with image advertisers leveraging digital technology to create engaging campaigns. Publishers are exploring various business models, including e-publishing and online publishing, to monetize digital content in text, audio, and video formats. Digital platforms, social media, search engines, and websites are essential tools for brand awareness and reaching wider audiences. The newspaper industry continues to innovate with print technology and digital technology to meet the evolving needs of consumers.

Market Research Overview

The Digital Newspaper Publishing Market is experiencing significant growth as more adults turn to digital platforms for news and information. Advertising revenue from digital advertising campaigns and technology are driving this expansion, with convergent platforms offering cost-effective solutions for publishers. Augmented reality (AR) and interactive content are new functions attracting image and magazine advertisers, while financial institutes and industry verticals invest in digital publishing for brand awareness. Developing economies with increasing internet penetration rates and middle-class populations are key markets for growth. Digitalization of media has led to the rise of online newspapers, magazines, and e-books, with e-publishing and e-readers becoming increasingly popular. The industry chain structure includes digital publishing firms, vendors, and application platforms, with companies experimenting with product launch and product enhancement to stay competitive. Despite piracy concerns, the premium segment readers continue to pay for digital content, including daily paid circulation and subscription-based services. The media industry is embracing digital technology to reach wider audiences and enhance the user experience, with initiatives focusing on creativity, education, and audio content through digital audio/podcasts.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeGeneral NewsSpecific NewsApplicationSmartphonesLaptopsPCsOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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MINTO APARTMENT REIT ANNOUNCES NOVEMBER 2024 CASH DISTRIBUTION

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̶  Amount represents a 3% increase from previous level  ̶

OTTAWA, ON, Nov. 15, 2024 /CNW/ – Minto Apartment Real Estate Investment Trust (the “REIT”) (TSX: MI.UN) today announced a cash distribution of $0.04333 per REIT unit for the month of November 2024. Payment will be made on December 16, 2024 to unitholders of record as at November 30, 2024.

As previously announced, the amount of the November distribution represents a 3% increase from the prior level, resulting in an increase in the annualized amount of the REIT’s distribution from $0.505 per unit to $0.52 per unit.

About Minto Apartment Real Estate Investment Trust

Minto Apartment Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario to own income-producing multi-residential properties located in urban markets in Canada. The REIT owns a portfolio of high-quality income-producing multi-residential rental properties located in Toronto, Montreal, Ottawa and Calgary. For more information on Minto Apartment REIT, please visit the REIT’s website at: https://www.mintoapartmentreit.com.

Forward-Looking Statements

This news release may contain forward-looking statements (within the meaning of applicable securities laws) relating to the business of the REIT. Forward-looking statements are identified by words such as “believe”, “anticipate”, “project”, “expect”, “intend”, “plan”, “will”, “may”, “estimate” and other similar expressions. These statements are based on the REIT’s expectations, estimates, forecasts and projections and include, without limitation, statements regarding the intended monthly distributions of the REIT. The forward-looking statements in this news release are based on certain assumptions, including without limitation that the REIT will have sufficient cash to pay its distributions. They are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements, including, but not limited to, the factors discussed and referenced under the heading “Risks and Uncertainties” in the REIT’s Q3 2024 management’s discussion and analysis dated November 12, 2024, which is available at www.sedarplus.ca. There can be no assurance that forward-looking statements will prove to be accurate as actual outcomes and results may differ materially from those expressed in these forward-looking statements. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, these forward-looking statements are made as of the date of this news release and, except as expressly required by applicable law, the REIT assumes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

SOURCE Minto Apartment Real Estate Investment Trust

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Equinox, Inc. Provides Notification of Cybersecurity Incident

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ALBANY, N.Y., Nov. 15, 2024 /PRNewswire/ — Equinox, Inc. (“Equinox”), a nonprofit provider of various counseling and health services, has learned of a cybersecurity incident that involved the personal and / or protected health information belonging to certain current and former clients, and to a number of staff. On November 15, 2024, Equinox formally notified potentially affected individuals with available address information and provided resources to assist them.

On April 29, 2024, Equinox discovered unusual activity within its digital environment. Upon discovering this activity, Equinox immediately took steps to secure its systems and enlisted independent cybersecurity forensic experts to conduct an investigation. During this time, Equinox was vigilant and able to safely minimize any disruptions to its daily operations and service delivery.

As a result of an independent forensic investigation into the incident, Equinox learned that an unauthorized actor accessed and potentially acquired certain files stored within its internal systems. Following a comprehensive review of the potentially affected data, on September 16, 2024, Equinox determined that certain employee and client information may have been subject to the unauthorized access. This information varies between individuals, but may have included names, addresses, dates of birth, Social Security numbers, passport numbers, financial account information, driver’s license and/or state identification number, medical treatment or diagnosis information, health insurance information, and/or medication-related information.

Equinox has no evidence that any of the information potentially impacted in connection with this incident has been misused. Nonetheless, Equinox has implemented additional security features to help prevent similar incidents from occurring in the future. Equinox has also reported this matter to the NYS Attorney General, NYS Division of State Police, NYS Department of State’s Division of Consumer Protection, and the Federal Office of Civil Rights.

Notification letters were mailed to impacted individuals on November 15, 2024. The letters include information about this incident and about steps that potentially impacted individuals can take to monitor and help protect their personal and protected health information. Equinox has established a toll-free call center to answer questions about the incident and to address related concerns. The call center can be reached at (866) 531-3185, Monday through Friday from 9:00 AM to 9:00 PM Eastern time.

The privacy and protection of its clients and staff and their private information is a top priority of Equinox. Equinox deeply regrets any inconvenience or concern this incident may cause.

Equinox, Inc. is a human services agency with deep roots in the Capital Region dating back to 1947. Equinox provides compassionate services and life-enhancing opportunities to youth and adults—and their families—who are impacted by domestic violence, substance use and addictions, mental health disorders, homelessness, and the challenges of living amid poverty and violence.

View original content:https://www.prnewswire.com/news-releases/equinox-inc-provides-notification-of-cybersecurity-incident-302307303.html

SOURCE Equinox, Inc.

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Greenberg Traurig Helps United Way Worldwide Launch Star-Studded Hurricane Relief Benefit

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Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

WASHINGTON, Nov. 15, 2024 /PRNewswire-PRWeb/ — Global law firm Greenberg Traurig, LLP provided a variety of legal support to United Way Worldwide in support of its Benefit for Hurricane Relief.

The one-hour special, a collaborative effort with Paramount Global that aired on CBS Television and CMT Nov. 2., brought together leading artists from across genres to mobilize communities and raise critically needed funds for relief and recovery efforts to support communities across the Southeast United States that were devastated by Hurricanes Helene and Milton.

The televised fundraising event featured performances by acclaimed artists including Brittney Spencer, Chris Janson, Clay Aiken, Jonathan McReynolds, and Tyler Hubbard. The special also included appearances by numerous entertainment industry luminaries such as the Backstreet Boys, Blake Shelton, Kelsea Ballerini, Stephen Colbert, and the Zac Brown Band, alongside community heroes Mark Starling and Tank Spencer.

The Greenberg Traurig team was led by Labor & Employment Shareholder Johnine P. Barnes in Washington, D.C., and Entertainment, Media & Sports Shareholder Paul Sarker in New York.

Learn more about the benefit event on United Way’s website.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: http://www.gtlaw.com.

Media Contact

Jacob Fischler, Greenberg Traurig, LLP, +1 202.533.2373, fischlerj@gtlaw.com, https://www.gtlaw.com/en

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View original content:https://www.prweb.com/releases/greenberg-traurig-helps-united-way-worldwide-launch-star-studded-hurricane-relief-benefit-302307415.html

SOURCE Greenberg Traurig, LLP; Greenberg Traurig, LLP

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