Media industry forecast and analysis firm Simba Information has released a report according to which global recession will lead to slower growth in professional publishing markets through 2010. However, e-publishing activities, such as online services, abstracting and indexing tools, electronic databases and Web directories, will plow through the economic doldrums.
According to Simba's Global Professional Publishing 2008-2009, the global professional publishing market has been growing in the 4.5 percent to 6.5 percent range for the past several years. Simba Information projects that the market will grow at a compound annual rate of only 3.6 percent through 2011. E-publishing services will fare much better than the average, while medical publishing - the second largest segment after legal publishing - will suffer from poor advertising sales particularly from the slumping pharmaceutical industry.
The newly released Simba report provides market sizing, strategic and competitive analysis, forecasts and critical insight into the markets for scientific, technical, medical, business and legal publishing. The report gives the financial outlook for the global professional publishing market based on specific research and analysis of the leading competitors and market performance in six content delivery categories.
