NEW YORK, Feb. 15, 2022 /PRNewswire/ -- The latest analysis from BizVibe, a leading company insights platform, provides detailed insights for hundreds of educational publishing companies and over 70,000 other publishing companies worldwide. BizVibe's educational publishing company insights highlight the strong influence that the increasing focus on digital products is expected to have in the coming years for market participants.
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Key Industry Trend – Increasing Focus on Digital Products
The educational publishing industry has been producing an increasing number of e-books and other digital educational materials for the past several years. Factors such as a large secondary market for physical textbooks, the lack of personalization options and analytics available from teaching methods that do not involve digital materials, and the lack of accessibility options have all been contributing to a decline in print sales.
The COVID-19 pandemic has accelerated this transition to digital educational materials. Digital products make it much easier to facilitate remote learning and to get the required materials into students' hands. In addition to accessibility and personalization features, e-books can include interactive components and multimedia materials, making them more engaging. With the recent demand spike from the pandemic, the digital educational publishing industry is expected to grow by several billion dollars over the next few years.
Trend Geographic Relevance – High Relevance in North America
North America is the leading region for digital educational publishing, accounting for a significant percentage of the global market. An increasing number of educational institutions in the country are adopting digital learning materials, and there is a high level of penetration for mobile devices and laptops, which helps facilitate digital learning. However, Asia-Pacific is the fastest-growing region for digital educational publishing, making it a key market as well.
View All Educational Publishing Company Insights on BizVibe
- Detailed analysis of 100+ educational publishing companies
- Risk of doing business for all educational publishing companies
- Industry trends and challenges expected to impact educational publishing companies
- Regional, national, and global competitors/similar companies
- Key products and services for each educational publishing company
- List of key executives and decision makers for each educational publishing company
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