Enterprise Text Publishing Market Forecast to 2028 - COVID-19 Impact and Global Analysis

Publication Month: Jul 2021 | Report Code: TIPRE00023979 | No. of Pages: 160 | Category: Technology, Media and Telecommunications | Status: Published

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The enterprise text publishing market is projected to reach US$ 28,065.2 million by 2028 from US$ 15,483.1 million in 2021; it is expected to grow at a CAGR of 8.9% from 2021 to 2028.

Increasing adoption of e-books in schools and universities is bolstering the demand for enterprises text publishing solutions. E-books help educational organizations meet three key strategic priorities: improving experience for students and academic outcomes in an increasingly competitive environment; driving innovation in learning, teaching, and research; and assisting them in the effective and efficient utilization of space and human resources. Ensuring timely access to key books and availability of sufficient copies have been fundamental challenges for universities and their libraries for many years. The adoption of e-books is a convenient option as students can read them at anytime from anywhere, which helps meet their expectations in a better and efficient manner.

Additionally, growing acceptance for innovative approaches for teaching, learning, and research is encouraging the adoption of e-books across the world. For instance, the University of Leicester offers the MSc in Security, Conflict, and International Development by distance learning. The program, provided by the Department of Criminology, is designed for people who work in international development or want to work in the field. Every student is provided with an iPad with course materials and eBooks, along with an access to the course app. Students can read these e-books without internet connection, which helps the course attendees to access this material in areas where internet is unavailable or unreliable. Thus, the rise in adoption of e-books across schools and universities is fueling the growth of the global enterprise text publishing market.

 

Impact of COVID-19 Pandemic on Enterprise Text Publishing Market

The education industry has been flourishing at an impressive pace across the world the growing preference for high-tech education solutions as well as growing investments and funding in EdTech start-ups. In lieu of the COVID-19 pandemic, an increasingly large number of schools and universities are continuing to offer distance learning programs. They are conducting virtual classrooms and online exams, and the performance of students is assessed using assessment tools. This has led to the high demand e-books and online study material. Moreover, the corporate sector has also posed high demand for virtual training content and references to enhance remote training capabilities across organizations. Hence, the COVID 19 outbreak has had a positive impact on the growth of the enterprise text publishing market.

 

Lucrative Regions in Enterprise Text Publishing Market

Lucrative Regions in Enterprise Text Publishing Market

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Market Insights– Enterprise Text Publishing Market

Rise in Adoption of Self-Paced Learning Boosting Market Growth

In self-paced or on-demand learning, students learn in their own time. They can be from the same class, but they work at their own pace to complete assignments and proceed through the course.  The number of educational institutions, which offer online distance learning courses, is increasing due to the rising popularity of online and distance learning. Generally, professionals who want to acquire higher educational degrees but cannot dedicate themselves to a full-time course due to work commitments undertake self-paced courses from institutions for career growth. For instance, upGrad Education Private Limit offers for working professionals a self-paced Master of Business Administration (MBA) program from the Liverpool Business School across various functional domains. The course provides a complete range of study material in digital format to all its registered students; they can refer the material and plan study as per their own feasibility. Thus, the escalating adoption of self-paced learning across the world is fueling the growth of the enterprise text publishing market.

Strategic Insights

Players operating in the enterprise text publishing market are mainly focused on the development of advanced and efficient products.

  • In 2021, Physiological Oncology Rehabilitation Institute (PORi) partnered with KITABOO to deliver online courses to medical practitioners. Through this initiative, the PORi aims to expand its presence digitally. The user-friendly interface the online learning platforms offered by KITABOO makes it easy for learners to go through the course material. Further, the learners can collaborate with educators and peers to discuss the techniques they learn to master the skills. The platform allows PORi to enhance their content with multimedia elements, adding to the interactivity of learning sessions and making the learning experience more immersive.
  • In 2020, Lulu entered into a strategic partnership with MementoPix to make the experience of creating and purchasing yearbooks much easier and affordable for schools and parents.

 

The enterprise text publishing market has been segmented as follows:

Enterprise Text Publishing Market – by Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South America (SAM)
    • Brazil
    • Argentina
    • Rest of SAM

 

Enterprise Text Publishing Market – Company Profiles

  • Hurix Digital
  • Kotobee (Vijua)
  • VitalSource Technologies
  • Excelsoft Technologies
  • Impelsys Inc.
  • Issuu
  • Lulu Press, Inc.
  • Kortext
  • Magic EdTech
  • RedShelf
 

1.             Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.             Key Takeaways

3.             Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.             Enterprise Text Publishing Market Landscape

4.1       Market Overview

4.2       PEST Analysis

4.2.1        North America

4.2.2        Europe

4.2.3        Asia Pacific

4.2.4        Middle East & Africa

4.2.5        South America

4.3       Ecosystem Analysis

4.4       Expert Opinion

5.             Enterprise Text Publishing Market – Key Industry Dynamics

5.1       Market Drivers

5.1.1        Increasing Adoption of E-Books Among Schools and Universities

5.1.2        Rising Digitalization in Education Sector

5.2       Market Restraints

5.2.1        Common Challenges Related to Adoption of E-Books

5.3       Market Opportunities

5.3.1        Substantial Growth of Edtech Companies in APAC

5.4       Future Trends

5.4.1        Rise in Adoption of Self-Paced Learning

5.5       Impact Analysis of Drivers and Restraints

6.             Enterprise Text Publishing Market – Global Analysis

6.1       Enterprise Text Publishing Market Overview

6.2       Enterprise Text Publishing Market Revenue and Forecast to 2028 (US$ Million)

6.3       Market Positioning – Five Key Players

7.             Enterprise Text Publishing Market – Geographic Analysis

7.1       Overview

7.2       North America: Enterprise Text Publishing Market

7.2.1        North America: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2        North America: Enterprise Text Publishing Market, by Key Country

7.2.2.1      US: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2.2      Canada: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.2.2.3      Mexico: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3       Europe: Enterprise Text Publishing Market

7.3.1        Europe: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2        Europe: Enterprise Text Publishing Market, by Key Country

7.3.2.1      Germany: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.2      France: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.3      Italy: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.4      UK: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.5      Russia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.3.2.6      Rest of Europe: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4       Asia Pacific: Enterprise Text Publishing Market

7.4.1        Asia Pacific: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2        Asia Pacific: Enterprise Text Publishing Market, by Key Country

7.4.2.1      Australia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.2      China: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.3      India: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.4      Japan: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.5      South Korea: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.4.2.6      Rest of Asia Pacific: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.5       Middle East & Africa (MEA): Enterprise Text Publishing Market

7.5.1        MEA: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.5.2        MEA: Enterprise Text Publishing Market, by Key Country

7.5.2.1      South Africa: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.5.2.2      Saudi Arabia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.5.2.3      UAE: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.5.2.4      Rest of MEA: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.6       South America: Enterprise Text Publishing Market

7.6.1        South America: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.6.2        South America: Enterprise Text Publishing Market, by Key Country

7.6.2.1      Brazil: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.6.2.2      Argentina: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

7.6.2.3      Rest of SAM: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

8.             Impact of COVID-19 Pandemic on Global Enterprise Text Publishing Market

8.1       Overview

8.2       North America: Impact Assessment of COVID-19 Pandemic

8.3       Europe: Impact Assessment of COVID-19 Pandemic

8.4       Asia Pacific: Impact Assessment of COVID-19 Pandemic

8.5       Middle East and Africa: Impact Assessment of COVID-19 Pandemic

8.6       South America Impact Assessment of COVID-19 Pandemic

9.             Industry Landscape

9.1       Overview

9.2       Market Initiative

9.3       Merger and Acquisition

9.4       New Development

10.          Company Profiles

10.1    KITABOO (Hurix Systems Pvt. Ltd.)

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2    Vijua

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3    VitalSource Technologies

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4    Excelsoft Technologies

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5    Impelsys Inc.

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6    Issuu

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Products and Services

10.6.4     Financial Overview

10.6.5     SWOT Analysis

10.6.6     Key Developments

10.7    Lulu Press, Inc.

10.7.1     1.7.1 Key Facts

10.7.2     Business Description

10.7.3     Products and Services

10.7.4     Financial Overview

10.7.5     SWOT Analysis

10.7.6     Key Developments

10.8    Kortext

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Products and Services

10.8.4     Financial Overview

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9    Magic EdTech

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Financial Overview

10.9.4     SWOT Analysis

10.9.5     Key Developments

10.10 RedShelf

10.10.1   Key Facts

10.10.2   Business Description

10.10.3   Products and Services

10.10.4   Financial Overview

10.10.5   SWOT Analysis

10.10.6   Key Developments

11.          Appendix

11.1    About The Insight Partners

11.2    Word Index

LIST OF TABLES

Table 1.             Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Table 2.             List of Abbreviation

 

 

LIST OF FIGURES

Figure 1.           Enterprise Text Publishing Market Segmentation – By Geography

Figure 2.           Global Enterprise Text Publishing Market Overview

Figure 3.           North America held the largest share in 2020

Figure 4.           North America: PEST Analysis

Figure 5.           Europe: PEST Analysis

Figure 6.           Asia Pacific: PEST Analysis

Figure 7.           Middle East & Africa: PEST Analysis

Figure 8.           South America: PEST Analysis

Figure 9.           Enterprise Text Publishing Market – Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        Global Enterprise Text Publishing Market: Impact Analysis of Drivers and Restraints

Figure 12.        Enterprise Text Publishing Market – Geographic Analysis

Figure 13.        Enterprise Text Publishing Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        Global Enterprise Text Publishing Market Revenue Share, by Region (2020 and 2028)

Figure 15.        North America: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        North America: Enterprise Text Publishing Market Revenue Share, by Key Country (2020 and 2028)

Figure 17.        US: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Canada: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Mexico: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Europe: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Europe: Enterprise Text Publishing Market Revenue Share, by Key Country (2020 and 2028)

Figure 22.        Germany: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        France: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Italy: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        UK: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Russia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Rest of Europe: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Asia Pacific: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Asia Pacific: Enterprise Text Publishing Market Revenue Share, by Key Country (2020 and 2028)

Figure 30.        Australia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 31.        China: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 32.        India: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.        Japan: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 34.        South Korea: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 35.        Rest of Asia Pacific: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 36.        MEA: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 37.        MEA: Enterprise Text Publishing Market Revenue Share, by Key Country (2020 and 2028)

Figure 38.        South Africa: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 39.        Saudi Arabia: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 40.        UAE: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 41.        Rest of MEA: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 42.        South America: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 43.        South America: Enterprise Text Publishing Market Revenue Share, by Key Country (2020 and 2028)

Figure 44.        Brazil: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 45.        Argentina: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 46.        Rest of SAM: Enterprise Text Publishing Market – Revenue and Forecast to 2028 (US$ Million)

Figure 47.        Impact of COVID-19 Pandemic in North American Country Markets

Figure 48.        Impact of COVID-19 Pandemic in Europe Country Markets

Figure 49.        Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Figure 50.        Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

Figure 51.        Impact of COVID-19 Pandemic in South America Country Markets

 

The List of companies - Enterprise Text Publishing Market

  1. Hurix Digital
  2. Kotobee (Vijua)
  3. VitalSource Technologies
  4. Excelsoft Technologies
  5. Impelsys Inc.
  6. Issuu
  7. Lulu Press, Inc.
  8. Kortext
  9. Magic EdTech
  10. RedShelf
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global enterprise text publishing market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global enterprise text publishing market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

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Frequently Asked Questions

The rising innovation in teaching, learning, and research is influencing the adoption of e-books across the world. For instance, the University of Leicester offers the MSc in Security, Conflict, and International Development by distance learning. The program, provided by the Department of Criminology, is designed for people who work in international development or want to work in the field. Students of this program can be employed in military settings, distant regions, or as peacekeepers, far from traditional learning environment. Every student is provided with an iPad with course materials and eBooks, as well as access to a course app. Students can read these eBooks without an internet connection, which can be frequently unavailable or unreliable in their workplace. Thus, the rise in adoption of e-books across schools, universities is fueling the growth of the global enterprise text publishing market.

The market opportunity lies in developing countries. The rise of ed-tech companies in APAC is expected to increase the demand for web text publishing, which would create lucrative opportunities for the enterprise text publishing market in future.

In 2020, North America led the market with a substantial revenue share, followed by Europe and APAC. Renowned universities, such as Stanford University and Harvard University, are providing online courses in computer science, engineering, mathematics, business, art, and personal development. As a part of these online courses, organizations provide digital study material and textbooks for students to refer and prepare themselves for online exams and other certifications. Thus, the rise in adoption of online education across North America is fueling the growth of the enterprise text publishing market in the region

APAC is the fastest growing region the market. The corporate sector in APAC has experienced rise in the adoption of digital training and self-paced employee training model. These types of learning models enable employees to upgrade their skills as per company’s time to time requirement. For instance, Simplilearn Solutions tailored solutions for corporate training. Its training modules provide immersive learning videos and high-quality text content for references. Thus, the adoption of such training modules in the corporate sector is expected to accelerate the growth of the enterprise text publishing market in APAC during the forecast period.

China is the APAC region is expected to dominate the market in the forecast period. Digital publishing in China represents one of the world’s most dynamic sectors, and any innovation produced within this segment of Chinese industry is likely to have a global impact. ChineseAll for instance, is one of the largest digital e-publishing companies in China now. They have collaborated with around 300 publishers, more than 2,000 famous authors and 300,000 cyber-writers in the country. This is helping the company to grow further across the country and the globe. The growth of digital content across the region and its high adoption among its population is contributing to the growth of the market across the country over the years

The major companies in enterprise text publishing market includes Hurix Digital, Kotobee (Vijua), VitalSource Technologies, Excelsoft Technologies, and Impelsys Inc.

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