EBSCO Releases Serials Price Projection Report for 2022
The 2022 Serials Price Projection Report from EBSCO Information Services (EBSCO) is now available. The report projects that the overall effective publisher price increases for academic and academic medical libraries are expected to be (before any currency impact) in the range of three to five percent for individual titles and one to three percent for e-journal packages.
EBSCO releases the Serials Price Projections based on surveys of a wide range of publishers and reviews of historical serials pricing data to assist information professionals as they make budgeting decisions for the renewals season. The Serials Price Projection Report looks at market dynamics highlighting many topics and trends that impact the scholarly information marketplace, including how economic factors influence publisher pricing, library budget challenges, e-journal packages, Open Access (OA), and the non-renewal of print subscriptions.
Publisher price increases are back for the 2022 renewal season and library budgets remain a top concern in the information marketplace. The Read & Publish model of OA had gained traction, especially in Europe, but it is undetermined whether this will in fact have the desired impact of lowering overall spend on information. E-journal packages still have the most significant impact on library budgets and librarians continue to research the value of the larger budget expenditures.
Although the serial price forecasts are based upon careful analysis, EBSCO recommends caution when using these projections, as they rely on historical trends and current estimates. EBSCO will update the projection information if economic conditions warrant it.
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About Gary Price
Gary Price (email@example.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com. Gary is also the co-founder of infoDJ an innovation research consultancy supporting corporate product and business model teams with just-in-time fact and insight finding.