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 Open Access Data & Analytics Tool (OA DAT). Launched in January 2017, OA DAT is an interactive, expertly curated, and regularly updated suite of information focused on Open Access that allows publishers, librarians, and funders to track and assess the impact of open access uptake and policies on the scholarly communications market and ecosystem. This analysis marks the third Market Sizing report released by Delta Think since OA DAT's inception.
The updated market sizing data show the Open Access market making strong progress, growing at a rate of 16% between 2016 and 2017. According to this analysis in 2017, the Open Access market reached approximately $570m USD, up from roughly $490m in 2016. It is on track to exceed $600M in 2018. Open Access represents ~23% of market volume and ~5% of market value. Data suggest a roughly 75/25 split between fully open access and hybrid journals respectively, by both value and volume. The number of open access articles published grew by around 12% from 2016 to 2017; articles published in fully OA journals grew by just under 10%, and those in hybrid journals by just over 20%.
Access to the full Market Sizing analysis as part of the Delta Think Open Access Data & Analytics Tool is available by subscription.
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