Online learning has grown significantly in the last decade as the internet and education have merged to provide people across the world with an opportunity to learn new skills. Udemy, Coursera, Lynda, Skillshare, and Udacity are among a few online learning systems. Different user verticals also influence the platforms. By offering online courses, top-tier universities are also democratizing education. Renowned colleges such as Stanford University and Harvard University offer online courses in computer science, engineering, mathematics, business, art, and personal development. These online courses provide students with digital versions of study materials and textbooks that they can use to prepare for online tests and other certifications. Thus, the rise in the adoption of online education across the region is also fueling the growth of the digital publishing market
HURIXDIGITAL; LULU, REDSHELF; VIJUA; AND VITALSOURCE TECHNOLOGIES – PROMINENT MARKET PARTICIPANTS IN DIGITAL PUBLISHING MARKET
The digital publishing platform is a collection of tools that make it easier to publish lengthy texts (and graphic-focused editions, such as catalogs or albums) in a digital format that can be read on computers, tablets, and smartphones. Digital publishing applications, as one might expect, must be responsive. This is only one of many benefits offered by powerful publishing platforms. Joomag, for instance, can turn a simple PDF file into an engaging digital publication. This publishing tool will be handy for inexperienced publishers looking for a more user-friendly option. One’s job will be made more accessible by the handy text editor and the availability of several templates that you could modify to any publication’s demands.
Due to highly fragmented nature of global digital publishing market with presence of a large number of regional and local players worldwide, a few global players and local players focus only on a specific product category. Listing of five key players based on a common criterion such as revenue is, therefore, not feasible. Hence, we have derived “Key Five Players” in the global digital publishing market by giving weightage to following key parameters: overall revenue, segmental revenue, brand image & industry experience, current digital publishing portfolio, innovative and advanced technology integration/material enhancements, customer base, geographic reach, new product launches, partnerships, mergers & acquisitions, and other market-related activities.
Most of the market initiatives were observed in North American region, which have a high potential of market-related products, solutions, and services. Few of the important market initiatives from the industry are mentioned below:
Year | News | Country |
2021 | Ingram Content Group has announced the signing of a definitive agreement to sell VitalSource Technologies LLC to Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses. | North America |
2021 | VitalSource and Boclips have launched the VitalSource Video powered by Boclips, which aims to provide higher education institutions with curated educational videos from leading content providers. | North America |