Delta Think: “Total Value of Scholarly Journals Market”

From a Delta Think Post by Dan Pollock and Heather Staines:

In 2022, we estimated it [ the scholarly journals market] to be $10.7bn, rising to $10.8bn in 2023. We estimate the long-term average growth of the market to be 2.3% per year. The years following COVID saw above-average growth, and the lower growth in 2023 likely represents a correction back to long-term averages. Our estimate for 2024 is based on mathematically projecting prior year’s data.

Conclusion

The executive summary is that we estimate the total scholarly journals market to be worth around $11bn, growing at around 2.3% per year. (As we have previously noted, this translates to a mild decrease in growth in real terms.)

Read the Complete Post, View Chart (about 815 words)

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