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Industry Landscape
The academic publishing industry is undergoing significant transformation, driven by digital evolution and the open access movement. It is characterized by consolidation, technological integration for content delivery, and increasing pressure for affordability and accessibility. Publishers are investing in AI and data analytics tools to enhance research workflows and user experience. Hybrid models combining subscriptions and open access are prevalent.
Total Assets Under Management (AUM)
Academic & Scholarly Publishing Market Revenue in United States
~Approximately 12-15 billion USD
(3-5% CAGR)
Growth driven by increased R&D spending and global research output. Digital platforms and online access are key revenue drivers. Open access initiatives influence market dynamics.
Total Addressable Market
12-15 billion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
AI-Powered Research Tools
Artificial intelligence and machine learning are being used to automate literature reviews, identify research gaps, summarize content, and suggest relevant articles, significantly enhancing research efficiency and discovery.
Blockchain for Scholarly Communication
Blockchain technology can enhance the transparency, immutability, and security of peer review, intellectual property management, and data sharing in academic publishing.
Semantic Web Technologies
Semantic web technologies enable richer interlinking and machine readability of academic content, allowing for more intelligent search, discovery, and analysis of research data across diverse platforms.
Impactful Policy Frameworks
White House Office of Science and Technology Policy (OSTP) Memo (2022)
The 'Ensuring Free, Immediate, and Equitable Access to Federally Funded Research' memo, issued in August 2022, requires all U.S. federal agencies to update their public access policies to ensure that publications and their supporting data arising from federally funded research are made freely available without embargo upon publication.
This policy directly pushes academic publishers like Wiley towards immediate Open Access models for federally funded research, potentially reducing subscription revenue but increasing public visibility and compliance needs.
National Institutes of Health (NIH) Data Management and Sharing Policy (2023)
Effective January 25, 2023, this NIH policy requires all NIH-funded research to be accompanied by a Data Management and Sharing Plan, promoting the sharing of scientific data to maximize its utility.
This policy increases the demand for publishers to provide robust data repositories and linking services for supplementary data, impacting Wiley's platform infrastructure and potentially creating new service opportunities.
Federal Trade Commission (FTC) Actions on Subscription Models (Ongoing)
The FTC continues to scrutinize 'negative option' subscription programs and 'dark patterns' that make it difficult for consumers to cancel subscriptions, aiming to protect consumers from deceptive practices.
While not specific to academic publishing, this broad regulatory focus could influence how Wiley Online Library structures and presents its subscription cancellation processes, ensuring clarity and ease for institutional and individual subscribers.
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