Delta Think, a consulting and advisory firm focused on innovation and growth in scholarly communications, has announced the release of a new Open Access Market Sizing analysis as part of the continually updated Delta Think Data & Analytics Tool (OA DAT). Launched in January 2017, OA DAT provides publishers, researchers, funders, and other stakeholders with an interactive, expertly curated, and regularly updated suite of information focused on Open Access. This analysis is an updated and enhanced version of the Market Sizing analysis released by Delta Think earlier this year.
This latest analysis finds the Open Access market showing strong progress, growing at a rate of 18% last year and on pace to grow by approximately 17% this year, with scholarly Open Access publishing on course to be a half billion-dollar market as we end 2017 and begin 2018. Other high level findings reveal that 2016 Open Access market at approximately $470m USD, up from $390m in 2015; Open Access represents 20-22% of market volume and 5-9% of market value; and hybrid activity now accounts for a larger proportion of OA revenue and volume than previously thought, and has been instrumental in driving the recent growth in OA above the previous 15% of overall volume mark.
Access to the full Market Sizing analysis as part of the Delta Think Open Access Data & Analytics Tool is available by subscription. Interested parties may visit www.deltathink.com/open-access for more information on subscribing to OA DAT or to request a demonstration of the service.
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