The News Syndicates by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s News Syndicates, The news syndicates market size has grown strongly in recent years. It will grow from $14.18 billion in 2023 to $14.94 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to print media dominance, global news distribution, cost-efficiency for publishers, diverse content for readers, efficient content curation.
The news syndicates market size is expected to see steady growth in the next few years. It will grow to $17.79 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to digital transformation, rise of niche and specialized content, increased demand for visual content, integration with ai and automation, customization and personalization.. Major trends in the forecast period include multimedia storytelling formats, hyperlocal news syndication, user-generated content integration, adoption of blockchain for content verification, customization and personalization features.
The rise in internet news subscriptions is significantly contributing to the growth of the news syndicates market going forward. Internet news subscription refers to the act of paying a certain amount of money to receive digital news and related content online. News syndicates benefit from the increasing number of internet news subscriptions as they assist subscribers in providing news authorized by a renowned journalist. For instance, in 2022, according to the Reuters Institute for the Study of Journalism, a UK-based journal news agency, 29 percent of people in the USA registered for one or more news websites in 2021 and 19 percent of people in the USA paid for online news in 2021. Therefore, the rise in internet news subscriptions drives the news syndicates market.
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The news syndicates market covered in this report is segmented –
1) By Type: Digital Terrestrial Broadcast, Satellite Broadcast, Cable Television Broadcasting Services, Internet Protocol Television (IPTV), Over-the-top Television (OTT)
2) By Features: Magazine, News Paper, Website
3) By Application: Public, Commercial
Major companies operating in the news syndicates market are focused on developing comprehensive platforms, such as news apps, for daily briefings. A News app is a mobile or web application designed to deliver news content to users in a digital format. For instance, in April 2023, Samsung, a South Korea-based producer of electronic devices launched the ‘Samsung News’, which is an app developed to provide Galaxy users in the US with a comprehensive and easily accessible news experience. The goal is to support users in curating their ideal news consumption by offering features including daily briefings, news feeds, and podcasts. The app was aimed to deliver breaking and premium news, meeting the needs of users who seek a convenient and curated source for their daily news updates.
The news syndicates market report table of contents includes:
1. Executive Summary
2. News Syndicates Market Characteristics
3. News Syndicates Market Trends And Strategies
4. News Syndicates Market – Macro Economic Scenario
5. Global News Syndicates Market Size and Growth
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26. South America News Syndicates Market
27. Brazil News Syndicates Market
28. Middle East News Syndicates Market
29. Africa News Syndicates Market
30. News Syndicates Market Competitive Landscape And Company Profiles
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