Each year, Delta Think’s OA Market Sizing analyzes the value of the open access journals market. This is the revenue generated by providers or the costs incurred by buyers of content. Our analysis this year shows that the open access market has had an exceptional year of growth in 2020. The effects of COVID-19 and exchange rate changes have compounded OA’s underlying strong growth. Based on current trends, we estimate it to have been worth around $975m in 2020 and on track to grow to over $1.1bn in 2021.
Source: Delta Think
[Clip]
We estimate that the OA market grew to around $975m in 2020.
The 25% increase over 2019 is significantly larger than the growth in the underlying scholarly journals market, which is typically low to mid-single digit. It is larger than expected for the OA market.
Growth in OA will remain above that of the underlying scholarly journals market. The open access market is on target to be over $1.1bn in 2021.
Around 36% of all scholarly articles were published as paid-for open access in 2020, accounting for just under 9% of the total journal publishing market value.
We anticipate a 2020-2023 CAGR of 14% in OA output and 17.6% in OA market value.
Gary Price (gprice@gmail.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.
From a Library of Congress Blog Post: The Open Access Books Collection on loc.gov includes approximately 6,000 contemporary open access e-books covering a wide range of subjects, including history, music, poetry, technology, and works ...
The panel discussion video recording embedded below from the Oxford Internet Institute (OII) was recorded on February 1, 2023. Description This is a discussion on censorship-resistance, web archiving and ensuring ...
From RLUK (Research Libraries UK): The Virtual Reading Rooms (VRRs) Toolkit is a resource for all collection-holding institutions, including libraries, archives, and museums, which are interested in setting up a VRR consultation ...
Microsoft Bing to Rely on GPT-4, ChatGPT Mobile App Planned, Rumours Say (via The Decoder) & Microsoft Teams gets an AI upgrade with OpenAI’s GPT 3.5 (via The Decoder) Resources ...
From the Library of Congress (Full Text of Announcement): A new web archive collection from the Library of Congress documents the civil unrest sparked by the police murder of George ...
From an arXiv Blog Post: The recent release of AI technology that generates new text has raised serious questions among the research community. For one, “Can ChatGPT be named an ...
From a Joint Statement (via De Gruyter): ResearchGate, the professional network for researchers, and De Gruyter, an independent academic publisher, have today announced a content syndication partnership that will see ...
ARL: Celebrating Black History Month 2023 EveryLibrary Releases 2022 Annual Report ||| Full Text Report Germany: DFG Launches Cooperation with the OAPEN Foundation IFLA: Applications for Public Library of the ...
From an Ithaka S+R Blog Post by the Report’s Author, Makala Skinner: On Tuesday, January 31, we published the A*CENSUS II Archives Administrators Survey findings. The Archives Administrator Survey Report is ...
From the Urban Libraries Council (ULC): The Urban Libraries Council (ULC) announces today the release of its latest white paper, “Food is a Right: Libraries and Food Justice,” which addresses ...
Annual Report 2022: Highlights from the Data Curation Network arXiv Announces New Policy on ChatGPT and Similar Tools (via arXiv Blog) COPE in 2023 (via Committee on Publication Ethics) eLife’s ...
The article linked to below was today published by Insights. Title A Free Toolkit to Foster Open Access Agreements Authors Alicia Wise Information Power Lorraine Estelle Information Power Source Insights 36 ...