Research and advisory firm Outsell, Inc. has announced publication of its annual Scientific, Technical & Medical Information: 2015 Marsket Size, Share, Forecast, and Trend Report. Growing at a rate of 3.6% over 2013, the $33.7 billion STM market comprises an impressive 4.4% of the total information market.
In this report, Outsell identifies the significant issues and trends facing key players, including Reed Elsevier, Wolters Kluwer, John Wiley & Sons, Inc., Springer Science + Business Media (now Springer Nature), and Thomson Reuters, in addition to their competitors and their markets, providing analysis of this important sector of the information industry. It provides a description of the industry, its competitive landscape, disruptive forces, and companies, as well as Outsell's industry forecast.
According to Deni Auclair, VP & Lead Analyst, the STM industry has recovered from the economic downturn of 2008-09 and is turning the page on a new era of growth, innovation, and refined business models. Researchers are a key focus for new products and services, along with open access, big data, and analytics, driving the market to develop previously unimagined offerings and pointing to more steady growth.