Global Professional Publishing 2010-2011
With competition at an all-time high in the legal, business, scientific/technical and medical publishing industries worldwide, informed market intelligence on how publishers can capitalize on the most lucrative opportunities and conquer the most formidable challenges is more critical than ever before.
Global Professional Publishing 2010-2011 provides a comprehensive, analytical look at the overall landscape of the $28 billion global markets for legal, business, sci/tech and medical information.
This report helps publishers position themselves for growth by tracking and evaluating key trends, such as:
Global Professional Publishing 2010-2011 is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the business strategies driving the professional publishing industry.
Global Professional Publishing breaks professional publishing down into core publishing activities—Books, Journals, Newsletters and Looseleafs, Databases and Directories, Online Services and Abstracting & Indexing—in the individual segments of Medical, Scientific, Legal and Business. It includes discussion of the leading publishers that compete in these markets. Then it reconstructs the big picture with eye towards key trends and forecasts.
Some of the professional publishing trends outlined in the report:
Simba’s professional publishing market figures are now global in scope. It’s a global market. If you’re competing in one or all of these segments, the competition does not conform to lines on a map. This report, and the others in the series, is produced to help executives make decisions in this environment.
Simba has a knowledge base from almost 20 years worth of perspective on these markets. Simba also publishes newsletters which give us some perspective. Simba is covering this market everyday for its Professional Content Report newsletter. That daily on the ball coverage is the bedrock for this report.
Global Professional Publishing 2010-2011 provides a comprehensive, analytical look at the overall landscape of the $28 billion global markets for legal, business, sci/tech and medical information.
This report helps publishers position themselves for growth by tracking and evaluating key trends, such as:
- Market size by subject: legal, business, STM;
- Market size by medium: books, journals, newsletters, directories, online services/A&I;
- Segment growth drivers;
- Individual publisher strategies for growth online and in foreign markets;
- The effect of the open access movement on the professional publishing industry;
- Key mergers & acquisitions activity;
- Market share growth and business strategies of leading publishers.
Global Professional Publishing 2010-2011 is an essential tool for publishing executives, M&A advisors, market analysts, and industry consultants who need to understand the business strategies driving the professional publishing industry.
Global Professional Publishing breaks professional publishing down into core publishing activities—Books, Journals, Newsletters and Looseleafs, Databases and Directories, Online Services and Abstracting & Indexing—in the individual segments of Medical, Scientific, Legal and Business. It includes discussion of the leading publishers that compete in these markets. Then it reconstructs the big picture with eye towards key trends and forecasts.
Some of the professional publishing trends outlined in the report:
- Transition from print to electronic publishing has raised customers’ expectations. Professional publishers of all sizes and market specialties are realizing they must add value to content. This has given rise to publishers delving more into software development, search and indexing technology, and providing solutions that integrate content directly into customers’ workflow.
- Impact of open access movement yields measured experimentation with new business models. Open access has not yet been mandated by government funders here or abroad, but some private funding institutes have done so. So, some publishers have already begun to offer author pays models that make the articles available for a fee. Others have taken a wait-and-see approach. Congress is considering making public access to taxpayer funded research mandatory. As more research published in STM journals is linked to funders that require open access, more experimentation with different pay models with follow.
- Professional Publishers search for the right approach to protecting copyright; Publishers want to maintain control they had in a print-only world, but don’t want to take enforcement to the level that colors them in the “bad guy” light that the recording industry is now viewed.
Simba’s professional publishing market figures are now global in scope. It’s a global market. If you’re competing in one or all of these segments, the competition does not conform to lines on a map. This report, and the others in the series, is produced to help executives make decisions in this environment.
Simba has a knowledge base from almost 20 years worth of perspective on these markets. Simba also publishes newsletters which give us some perspective. Simba is covering this market everyday for its Professional Content Report newsletter. That daily on the ball coverage is the bedrock for this report.
METHODOLOGY
EXECUTIVE SUMMARY
CHAPTER 1: OVERVIEW OF THE GLOBAL PROFESSIONAL PUBLISHING INDUSTRY
Introduction
Market Size
Legal
Scientific and Technical
Medical
Business
Media Breakdown
Books
Online/Abstracting & Indexing
Journals
Newsletters/Looseleafs/Directories
Other
Leading Professional Publishers
Reed Elsevier
Thomson Reuters
Wolters Kluwer
Springer Science+Business Media
John Wiley & Sons
Informa
Pearson
Editions Lefebvre Sarrut
American Chemical Society
McGraw-Hill
Acquisitions in the Professional Publishing Market
Mergers & Acquisitions in Legal, Tax, Business & Accounting Markets
Mergers & Acquisitions in STM Markets
Table 1.1: Growth of Global Professional Publishing Revenue by Market Segment, 2009-2011P
Table 1.2: Breakdown of Global Professional Publishing Revenue, 2010
Table 1.3: Growth of Global Professional Publishing Revenue by Media, 2009-2011P
Table 1.4: Breakdown of Global Professional Publishing Revenue by Media, 2010
Table 1.5: Leading Professional Publishers, 2010 vs. 2011P
Table 1.6: Key Legal, Tax, Business, Accounting M&A Activity, Jan. 2010-Dec. 2011
Table 1.7: Key Merger & Acquisition Activity in Science & Technical Publishing, Jan. 2010-Dec. 2010
Table 1.8: Key Merger & Acquisition Activity in Science & Technical Publishing, Jan. 2011-Dec. 2011
Table 1.9: Key Medical Publishing M&A Activity, Jan -Dec. 2010
Table 1.10: Key Medical Publishing M&A Activity, Jan -Dec. 2011
CHAPTER 2: BOOKS
Introduction
Market Size
Legal Books
Medical Books
Business Books
Sci/Tech Books
AAP Reports U.S. Professional Book Sales Grow in 2010
Title Output
Leading Professional Book Publishers
Reed Elsevier
Wolters Kluwer
Springer Science+Business Media
Thomson Reuters
John Wiley & Sons
Pearson
McGraw-Hill
Informa
Oxford University Press
Cambridge University Press
Leading Professional E-Book Publishers
Springer Science+Business Media
Reed Elsevier
John Wiley & Sons
Wolters Kluwer
McGraw-Hill
Thomson Reuters
Informa
Pearson
Thieme
Oxford University Press
Current Trends in Professional Book Publishing
Professional Publishers Invest Millions in iPad Textbook Production
Professional Book Piracy Thriving in Cyberspace
Table 2.1: Global Professional Book Revenue by Segment, 2009-2011P
Table 2.2: Global Professional Book Publishing Market Share by Segment, 2010
Table 2.3: AAP Domestic Book Gross Sales Report, 2008-2010
Table 2.4: AAP Domestic Book Net Sales Report, 2008-2010
Table 2.5: AAP Domestic Book Returns Report, 2008-2010
Table 2.6: Book Title Output by Key Professional Categories, 2008-2010
Table 2.7: Revenue Growth, Leading Professional Book Publishers, 2009-2010
Table 2.8: Revenue Growth, Leading Professional E-Book Publishers, 2009-2010
CHAPTER 3: JOURNALS
Introduction
Market Size
Sci/Tech Journals
Medical Journals
Legal Journals
Business Journals
Leading Professional Journal Publishers
Reed Elsevier
John Wiley & Sons
Springer Science+Business Media
Wolters Kluwer
Holtzbrinck
Informa
Institute of Electrical and Electronics Engineers
American Chemical Society
British Medical Association
Thieme
Current Trends in Professional Journal Publishing
Renewal Trends
Open Access
Open Access Journals Directory Tops 5,000 Titles
Price Increases Draw Protests, Outrage
Table 3.1: Global Professional Journal Revenue by Segment, 2009-2011P
Table 3.2: Global Professional Journal Publishing Market Share by Segment, 2010
Table 3.3: Leading Professional Journal Publishers, 2010
CHAPTER 4: NEWSLETTERS, LOOSELEAFS AND DIRECTORIES
Introduction
Market Size
Legal Newsletters/Looseleafs/Directories
Sci/Tech Newsletters/Looseleafs/Directories
Business Newsletters/Looseleafs/Directories
Medical Newsletters/Looseleafs/Directories
Leading Professional Newsletter/Looseleaf Publishers
Wolters Kluwer
Thomson Reuters
Informa
McGraw-Hill
UCG
Reed Elsevier
HCPro Inc.
Springer Science+Business Media
Bureau of National Affairs
American Bar Association
Leading Professional Directory Publishers
D&B
Thomson Reuters
Infogroup
Reed Elsevier
AMA
Trends in Professional Newsletter/Looseleaf/Directory Publishing
Fight the Slump by Enhancing Products
International Expansion
Table 4.1: Global Publishing Market, Professional Newsletters/Looseleafs 2009-2011P
Table 4.2: Global Professional Newsletter/Looseleaf Directory Publishing Market Share, 2010
Table 4.3: Revenue of Leading Professional Newsletter/Looseleaf Publishers, 2010
Table 4.4: Leading Professional Directory Publishers, 2010
CHAPTER 5: ONLINE SERVICES/ABSTRACTING & INDEXING
Introduction
Online Market Segments and Definitions
A&I
Online Content
Market Size
Legal Online Services/A&I
Scientific/Technical Online Services/A&I
Business Online Services/A&I
Medical Online Services/A&I
Overview of the STM Abstracting & Indexing Market
A&I Market Size
STM A&I Market Size After ‘Double-Counting’ Eliminations
Leading STM A&I Providers
American Chemical Society
Thomson Reuters
Wolters Kluwer
ProQuest
EBSCO
IHS
Reed Elsevier
APA
Infotrieve
Institution of Engineering Technology
Key Trends in the A&I Market
Demand for Federated Search Sparks Partnerships
More Types of Content Move from Print to Online
Tools, Tools and More Tools
Continued Spending on Mobile
Decreased Library Spending
Individuals Gain Value for Publishers
Leading Professional Online Content Providers
Thomson Reuters
Reed Elsevier
Wolters Kluwer
Bureau of National Affairs
IHS
Hearst Corp.
Epocrates
WebMD
Current Trends in Professional Online Services
Global Expansion Continues
Legal Information Companies Offer More Than Research Services
Search Upgrades Abound
Table 5.1: Estimated Global Professional Online Services/Abstracting & Indexing Revenue, 2009-2011P
Table 5.2: Professional Online and Internet Services Segment Market Share, 2010
Table 5.3: Breakdown of Top-Line Global A&I Revenue, Sci/Tech vs. Medical, 2010
Table 5.4: Estimated Top-Line Global STM A&I Revenue, 2009-2011P
Table 5.5: Estimated Top-Line Global STM A&I Revenue After Eliminations, 2009-2011P
Table 5.6: Leading STM A&I Players, by Revenue 2009-2011P
Table 5.7: Leading Professional Online Content Players, by Revenue 2009-2011P
CHAPTER 6: FORECASTS AND CONCLUSIONS
Legal Publishing
Scientific/Technical Publishing
Medical Publishing
Business Publishing
Conclusions
Table 6.1: Global Professional Publishing Forecast, 2011P-2014P
Table 6.2: Global Legal Publishing Forecast, 2011P-2014P
Table 6.3: Global Scientific/Technical Publishing Forecast, 2011P-2014P
Table 6.4: Global Medical Publishing Forecast, 2011P-2014P
Table 6.5: Global Business Publishing Forecast, 2011P-2014P
EXECUTIVE SUMMARY
CHAPTER 1: OVERVIEW OF THE GLOBAL PROFESSIONAL PUBLISHING INDUSTRY
Introduction
Market Size
Legal
Scientific and Technical
Medical
Business
Media Breakdown
Books
Online/Abstracting & Indexing
Journals
Newsletters/Looseleafs/Directories
Other
Leading Professional Publishers
Reed Elsevier
Thomson Reuters
Wolters Kluwer
Springer Science+Business Media
John Wiley & Sons
Informa
Pearson
Editions Lefebvre Sarrut
American Chemical Society
McGraw-Hill
Acquisitions in the Professional Publishing Market
Mergers & Acquisitions in Legal, Tax, Business & Accounting Markets
Mergers & Acquisitions in STM Markets
Table 1.1: Growth of Global Professional Publishing Revenue by Market Segment, 2009-2011P
Table 1.2: Breakdown of Global Professional Publishing Revenue, 2010
Table 1.3: Growth of Global Professional Publishing Revenue by Media, 2009-2011P
Table 1.4: Breakdown of Global Professional Publishing Revenue by Media, 2010
Table 1.5: Leading Professional Publishers, 2010 vs. 2011P
Table 1.6: Key Legal, Tax, Business, Accounting M&A Activity, Jan. 2010-Dec. 2011
Table 1.7: Key Merger & Acquisition Activity in Science & Technical Publishing, Jan. 2010-Dec. 2010
Table 1.8: Key Merger & Acquisition Activity in Science & Technical Publishing, Jan. 2011-Dec. 2011
Table 1.9: Key Medical Publishing M&A Activity, Jan -Dec. 2010
Table 1.10: Key Medical Publishing M&A Activity, Jan -Dec. 2011
CHAPTER 2: BOOKS
Introduction
Market Size
Legal Books
Medical Books
Business Books
Sci/Tech Books
AAP Reports U.S. Professional Book Sales Grow in 2010
Title Output
Leading Professional Book Publishers
Reed Elsevier
Wolters Kluwer
Springer Science+Business Media
Thomson Reuters
John Wiley & Sons
Pearson
McGraw-Hill
Informa
Oxford University Press
Cambridge University Press
Leading Professional E-Book Publishers
Springer Science+Business Media
Reed Elsevier
John Wiley & Sons
Wolters Kluwer
McGraw-Hill
Thomson Reuters
Informa
Pearson
Thieme
Oxford University Press
Current Trends in Professional Book Publishing
Professional Publishers Invest Millions in iPad Textbook Production
Professional Book Piracy Thriving in Cyberspace
Table 2.1: Global Professional Book Revenue by Segment, 2009-2011P
Table 2.2: Global Professional Book Publishing Market Share by Segment, 2010
Table 2.3: AAP Domestic Book Gross Sales Report, 2008-2010
Table 2.4: AAP Domestic Book Net Sales Report, 2008-2010
Table 2.5: AAP Domestic Book Returns Report, 2008-2010
Table 2.6: Book Title Output by Key Professional Categories, 2008-2010
Table 2.7: Revenue Growth, Leading Professional Book Publishers, 2009-2010
Table 2.8: Revenue Growth, Leading Professional E-Book Publishers, 2009-2010
CHAPTER 3: JOURNALS
Introduction
Market Size
Sci/Tech Journals
Medical Journals
Legal Journals
Business Journals
Leading Professional Journal Publishers
Reed Elsevier
John Wiley & Sons
Springer Science+Business Media
Wolters Kluwer
Holtzbrinck
Informa
Institute of Electrical and Electronics Engineers
American Chemical Society
British Medical Association
Thieme
Current Trends in Professional Journal Publishing
Renewal Trends
Open Access
Open Access Journals Directory Tops 5,000 Titles
Price Increases Draw Protests, Outrage
Table 3.1: Global Professional Journal Revenue by Segment, 2009-2011P
Table 3.2: Global Professional Journal Publishing Market Share by Segment, 2010
Table 3.3: Leading Professional Journal Publishers, 2010
CHAPTER 4: NEWSLETTERS, LOOSELEAFS AND DIRECTORIES
Introduction
Market Size
Legal Newsletters/Looseleafs/Directories
Sci/Tech Newsletters/Looseleafs/Directories
Business Newsletters/Looseleafs/Directories
Medical Newsletters/Looseleafs/Directories
Leading Professional Newsletter/Looseleaf Publishers
Wolters Kluwer
Thomson Reuters
Informa
McGraw-Hill
UCG
Reed Elsevier
HCPro Inc.
Springer Science+Business Media
Bureau of National Affairs
American Bar Association
Leading Professional Directory Publishers
D&B
Thomson Reuters
Infogroup
Reed Elsevier
AMA
Trends in Professional Newsletter/Looseleaf/Directory Publishing
Fight the Slump by Enhancing Products
International Expansion
Table 4.1: Global Publishing Market, Professional Newsletters/Looseleafs 2009-2011P
Table 4.2: Global Professional Newsletter/Looseleaf Directory Publishing Market Share, 2010
Table 4.3: Revenue of Leading Professional Newsletter/Looseleaf Publishers, 2010
Table 4.4: Leading Professional Directory Publishers, 2010
CHAPTER 5: ONLINE SERVICES/ABSTRACTING & INDEXING
Introduction
Online Market Segments and Definitions
A&I
Online Content
Market Size
Legal Online Services/A&I
Scientific/Technical Online Services/A&I
Business Online Services/A&I
Medical Online Services/A&I
Overview of the STM Abstracting & Indexing Market
A&I Market Size
STM A&I Market Size After ‘Double-Counting’ Eliminations
Leading STM A&I Providers
American Chemical Society
Thomson Reuters
Wolters Kluwer
ProQuest
EBSCO
IHS
Reed Elsevier
APA
Infotrieve
Institution of Engineering Technology
Key Trends in the A&I Market
Demand for Federated Search Sparks Partnerships
More Types of Content Move from Print to Online
Tools, Tools and More Tools
Continued Spending on Mobile
Decreased Library Spending
Individuals Gain Value for Publishers
Leading Professional Online Content Providers
Thomson Reuters
Reed Elsevier
Wolters Kluwer
Bureau of National Affairs
IHS
Hearst Corp.
Epocrates
WebMD
Current Trends in Professional Online Services
Global Expansion Continues
Legal Information Companies Offer More Than Research Services
Search Upgrades Abound
Table 5.1: Estimated Global Professional Online Services/Abstracting & Indexing Revenue, 2009-2011P
Table 5.2: Professional Online and Internet Services Segment Market Share, 2010
Table 5.3: Breakdown of Top-Line Global A&I Revenue, Sci/Tech vs. Medical, 2010
Table 5.4: Estimated Top-Line Global STM A&I Revenue, 2009-2011P
Table 5.5: Estimated Top-Line Global STM A&I Revenue After Eliminations, 2009-2011P
Table 5.6: Leading STM A&I Players, by Revenue 2009-2011P
Table 5.7: Leading Professional Online Content Players, by Revenue 2009-2011P
CHAPTER 6: FORECASTS AND CONCLUSIONS
Legal Publishing
Scientific/Technical Publishing
Medical Publishing
Business Publishing
Conclusions
Table 6.1: Global Professional Publishing Forecast, 2011P-2014P
Table 6.2: Global Legal Publishing Forecast, 2011P-2014P
Table 6.3: Global Scientific/Technical Publishing Forecast, 2011P-2014P
Table 6.4: Global Medical Publishing Forecast, 2011P-2014P
Table 6.5: Global Business Publishing Forecast, 2011P-2014P
