Simba Information: Scientific & Technical Publishing Bucked Headwinds, Posted Strong Growth in 2018

“The report¬†Global Scientific & Technical Publishing 2019-2023¬†found that the global scientific and technical publishing market grew 3% to $10.3 billion in 2018. Currency exchange fluctuations inflated growth somewhat in 2018, but even taking that into account, this is the highest growth rate tracked by Simba since 2011 when market growth exceeded 4%.

The findings stand in stark contrast to media reports that the industry is facing a long-term decline due to the rise of open access publishing. There have been more reports of university libraries canceling their journal subscription packages in 2018 and 2019. The industry also faces threats from websites that freely share pirated copies of copyrighted research papers….”