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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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KM Malta Airlines, the Maltese Islands’ New National Carrier, Implements CellPoint Digital’s Payment Orchestration Solution

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The partnership will enable KM Malta Airlines to provide passengers with a seamless payment experience and access to their preferred payment methods.

LONDON, Sept. 23, 2024 /CNW/ — CellPoint Digital, a global pioneer in Payment Orchestration, is proud to announce it has partnered with KM Malta Airlines to support the airline’s payment processes across multiple sales channels, including on its website and App, allowing passengers in future to pay with key alternative payment methods (APMs) like Apple Pay.

From the start of operations on March 31, 2024, CellPoint Digital was entrusted to support KM Malta Airlines’ payment processes across. Using CellPoint Digital’s Payment Orchestration platform, KM Malta Airlines launched the service with optimised payment processes, a cost-effective payment strategy, and a customer-centric payment model. This partnership reflects the airline’s commitment to providing its passengers with a seamless, convenient payment experience and the airline’s recognition of CellPoint Digital as a valued payment solution provider.

Through its partnership with CellPoint Digital, KM Malta Airlines gains access to a network of acquirer connections, including its newly introduced partner, Shift4 (formerly Finaro), to support its growth strategy. This allows the airline to optimise transaction routing, reduce payment costs, and settle in its preferred currency.

“It’s not often that we get to be present at the inception of one of Europe’s next great airlines, but that’s the opportunity we have with this partnership,” said Kristian Gjerding, CEO of CellPoint Digital. “By prioritising its payment strategy as a cornerstone of its launch strategy, KM Malta Airlines demonstrates that it cares about providing passengers with the best possible booking experience and setting itself up for future success.”

Roy Kinnear, CCO of KM Malta Airlines, stated, “A highly optimised, cost-efficient payment strategy is important to the success of our airline. That’s why we partnered with experts in aviation payments to deliver a comprehensive platform tailored to our passengers’ needs and allowing us to expand our offering of customer choice payment mechanisms.”

The Advantage of Day-One Payment Orchestration

Payment Orchestration is a concept that describes the end-to-end management of all components of a payment, from authorisation to routing to settlement to reporting, allowing airlines to boost conversions in direct and indirect sales channels at lower transaction costs. CellPoint Digital’s Payment Orchestration Platform, which KM Malta Airlines will implement, routes transactions intelligently to increase acceptance, simplifies and centralises back-end reconciliation, integrates various payment methods like Apple Pay, and easily accommodates multiple PSPs and acquirers, including KM Malta Airline’s preferred acquiring partner, Shift4.

For more information about the CellPoint Digital partnership with KM Malta Airlines or to speak with company executives, please get in touch with Steven Osei at steven.osei@cellpointdigital.com

About CellPoint Digital
CellPoint Digital is a fintech leader in payment orchestration and optimisation. CellPoint Digital’s main solution is a powerful Payment Orchestration Platform that optimises digital payment transactions from cards or alternative payment methods and accelerates the deployment of new payment options. Merchants can easily scale their own payment ecosystem across the world, unify the customer payment experience across their website, mobile apps and other channels, optimise the routing of each transaction, increase conversion rates and minimise payment costs. CellPoint Digital has offices in Copenhagen, Dallas, Dubai, London, Miami, Pune and Singapore. Visit www.cellpointdigital.com to learn more. 

About KM Malta Airlines

The KM Malta Airlines schedule serves 17 airports across 15 key European cities, namely, Amsterdam, Berlin, Brussels, Catania, Dusseldorf, London Gatwick, London Heathrow, Lyon, Madrid, Milan, Munich, Paris Charles de Gaulle, Paris Orly, Prague, Rome, Vienna and Zurich.

Bookings can be made on kmmaltairlines.com

Contact: media@kmmaltairlines.com

 

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SOURCE CellPoint Digital

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Advantech Unveils Expanded Singapore Office to Boost ASEAN Presence and Support AIoT Innovations with Strategic Partnerships

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SINGAPORE, Sept. 23, 2024 /PRNewswire/ — Advantech (TWSE: 2395), a global leader in industrial IoT and embedded computing solutions, has officially inaugurated its expanded regional office in Singapore. This strategic investment is set to enhance Advantech’s core competencies within the ASEAN region. Located at 7002 Ang Mo Kio Avenue 5, the new office will double the company’s current facility space, enhancing its infrastructure to meet the rising demand for high-technology solutions, particularly in the semiconductor sector. The expansion underscores Advantech’s commitment to collaborating with silicon and ecosystem partners and investing in local talent development through industry-academia partnerships. The new office will also support Advantech’s Configure-To-Order Service (CTOS), reinforcing its strategic goal of deepening and localising industry presence while advancing a comprehensive AIoT industry development strategy.

Vincent Chang, Managing Director of Asia and Intercontinental Region at Advantech, stated, “The relocation to our new premises marks a significant milestone in Advantech’s nearly 30 years of growth in Singapore. Established in 1995, Advantech Singapore has grown to become a pivotal hub in the ASEAN region, leading to the creation of Advantech Malaysia, Thailand, Indonesia, and Vietnam as key regional business units. Advantech envisions Singapore evolving into a Corporate Development Core Competency hub, focusing on business intelligence, strategic planning, and advancing branding, public relations, and ESG programmes across the ASEAN region.”

Advantech is also excited to launch the second year of its AIoT Innowork programme with Singapore Polytechnic (SP). This year’s projects will focus on sustainable development, net-zero emissions, and generative AI. Students will use Advantech’s WISE-PaaS, a cloud-based platform, to develop AIoT solutions, including a smart outdoor agriculture proof-of-concept within SP’s campus. Additionally, the programme will advance intelligent EV charging and parking space monitoring with Advantech’s LoRaWAN gateway and generative AI, featuring a dashboard for carpark occupancy and an assistive chatbot for availability queries.

In response to the government’s focus on future workforce development, a student team from SP is set to create a proof of concept for a “Generative AI-powered Virtual Sales Agent.” This innovative project aims to transform customer interactions by enhancing sales and engagement through cutting-edge AI technology. SP envisions this technology revolutionising customer engagement, enhancing service support, and improving operational efficiency.

Advantech Singapore is dedicated to advancing the “MySkillsFuture” programme, a key initiative by the Singapore government to support lifelong learning. Advantech aims to build a collaborative value chain that fosters a sustainable and thriving IoT ecosystem by partnering with ecosystem players, academic institutions, and industry leaders. Additionally, through academic collaboration, Advantech seeks to cultivate industry growth and align with its social responsibility objectives by producing and distributing urban farming products to underserved communities. These strategic partnerships are poised to drive long-term industry success and reinforce Advantech’s commitment to its ESG goals.

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SOURCE Advantech Co. Singapore Pte Ltd

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Estonia Strengthens Smart Mobility Networking and Strategic Partnerships in the Gulf

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DUBAI, UAE, Sept. 23, 2024 /PRNewswire/ — Trade Estonia, part of Enterprise Estonia, is concluding its participation at the ITS World Congress 2024 in Dubai, further asserting its leadership in intelligent transport systems (ITS) and smart mobility. Estonia, known for being the first country to allow testing autonomous vehicles on public roads since 2017, showcased its innovative technologies that are setting new benchmarks in smart mobility and ITS.

At the exhibition, Trade Estonia displayed pioneering solutions, including Bamboo Apps’ cutting-edge dispatch system for autonomous shuttles, enabling remote monitoring of unmanned vehicles to enhance safety and efficiency. e-Pavement integrates sensors within road surfaces to improve safety and traffic management, while Auve Tech’s autonomous shuttles seamlessly integrate with public transport, offering efficient and eco-friendly urban mobility solutions. Metrosert is enhancing the precision of smart infrastructure, and Digilogistika Keskus is optimising logistics through advanced digital platforms, boosting supply chain efficiency in smart cities.

H.E. The Ambassador of Estonia to the UAE Maria Belovas stated, “Estonia’s footprint in integrating cutting-edge technology is pivotal in enhancing transportation safety, efficiency, and mobility. Our innovations are designed to meet the evolving needs of global smart cities and ensure a sustainable future for transportation.”

These advancements exemplify Estonia’s commitment to developing intelligent, sustainable, and efficient transport solutions that address both urban and rural mobility needs, and solidifying its global network.

In addition to presenting its technological progress at the ITS World Congress, Estonia focused on building meaningful connections and exploring new avenues for collaboration.

Forging Strategic Global Partnerships

Estonia is dedicated to expanding its international impact by building strategic partnerships, particularly in the Gulf region.

A recent networking event, hosted by H.E. The Ambassador of Finland, Ms. Tuula Yrjölä, and H.E. The Ambassador of Estonia, Ms. Maria Belovas, brought together Finnish and Estonian business delegations to cultivate global connections in smart mobility. The event also facilitated valuable discussions on future collaborations, reflecting Trade Estonia’s ongoing mission to support global innovation and sustainability in transport.

Ms. Maria Belovas highlighted the importance of these international connections in advancing the organisation’s strategic goals and enriching global collaborative efforts.

Building on this momentum, Trade Estonia is gearing up for its next significant engagement at GITEX Global 2024. This upcoming event will serve as a new stage for Estonia to underline their technological advancements and explore new avenues for collaboration with global technology leaders.

About Trade Estonia

Trade Estonia is part of Enterprise Estonia. As a state organisation, Trade Estonia helps Estonian companies to establish themselves in international markets. With a focus on future technologies and pioneering projects, Trade Estonia provides Estonian companies with access to market analysis and marketing strategies and creates the conditions for them to operate successfully on a global scale. Trade Estonia not only promotes the development of new business areas and the establishment of strategic partnerships, but also facilitates access to international networks, thus contributing to the global competitiveness of Estonian companies.

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View original content:https://www.prnewswire.co.uk/news-releases/estonia-strengthens-smart-mobility-networking-and-strategic-partnerships-in-the-gulf-302255186.html

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