News & Magazines App Market size is expected to reach USD 2.46 billion by 2028

 News & Magazine App Industry Overview

The global news & magazines app market size was valued at USD 1.18 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.0% from 2022 to 2028.

 

This can be attributed to the rising adoption of customized news feed across the globe. The surge in the adoption of an offline reading mode in the Asia Pacific is propelling market growth. Moreover, the growing demand for real-time news updates from the Associated Press of the European Union is anticipated to boost the market growth. Additionally, increasing demand for built-in audio-based magazine apps from the consumer of the U.K. is bolstering the market growth.

 

Gather more insights about the market drivers, restrains and growth of the Global News & Magazine App Market


The global supply chain of several industries was hampered owing to the national lockdown implemented by several government authorities across the globe. Several media house partners are broadcasting the pandemic alerts due to the rapidly changing health situation across the globe. Smoother in-app news & magazines app service and the rapid shift of consumers to cloud storage-based apps had taken an intense boost for news & magazine apps. Offline mode-based news & magazines had gained traction during the pandemic era owing to the rising demand for offline podcast management app services. The growing demand for on-demand videos from the consumers of India had propelled the market growth.

 

Moreover, the growing trend to adopt key stat headlines for the financial news app is propelling market growth. However, excess use of advertising tools is hampering the market growth. At present, key players are focusing to adopt multiple access enabled news & magazine apps. Hence the market is expected to perform significant market growth during the forecast period.

 

The technological advancement in the development of the apps such as artificial intelligence, data science & big data is expected to accelerate the market growth during the forecast period. Moreover, increasing magazine apps reader engagement by leveraging personalization is expected to boost market growth. Furthermore, the increasing internet and smartphone penetration rate across the globe is accelerating market growth.

 

Growing investment from Apple Inc. to provide curated news screens with top stories around the globe is propelling the market growth. Rapidly growing demand for 24/7 live video and audio streaming is bolstering the market growth. The growing demand for instant news alerts to provide a smarter mode for better readability is refueling the market growth. The growing demand for customizable news channels in the U.S. is set to drive the market growth.

 

Share and repost facility, Mp4 player facility, and customized text message feature offered by the key players of the market. The rising concern for AI-curated news & magazines app is refueling the market growth. The key players of the market are providing a compatible analytical approach for the news & magazines app with the help of the Android & iOS-based platforms. Growing demand for synchronized preferences for financial news apps will turn to refuel the market growth.

 

Browse through Grand View Research's Homecare & Décor Industry Research Reports

  • Action Figures Market: The global action figures market size was valued at USD 8.27 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 8.6% from 2023 to 2030. 
  • S. School Furniture Market: The U.S. school furniture market size was estimated at USD 1,903.8 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.5% from 2023 to 2030.

 

Key Companies Profile

Some prominent players operating in the news & magazines app market include: 

  • GeekyAnts
  • Robosoft Technologies
  • Somo
  • WillowTree
  • Apple Inc.
  • Google LLC
  • Feedly
  • Inkl
  • Inoreader
  • Flipboard

 

Order a free sample PDF of  News & Magazines App Market Intelligence Study, published by Grand View Research. 

Comments

Post a Comment

Popular posts from this blog

Global Potash Market: Trends, Growth & Forecast 2023-2032

T he global  potash market  size is expected to reach USD 93.50 billion by 2032, growing at a CAGR of 4.9% from 2023 to 2032, according to a new study by Grand View Research, Inc. This is attributed to the increasing demand for food and efficient usage of agricultural land. As consumers seek healthier options, there has been a surge in demand for high-value crops like fruits, vegetables, and specialty crops, boosting the demand for potash. Furthermore, the adoption of precision agriculture techniques has become increasingly prevalent in recent years. Precision agriculture involves using advanced technologies and data-driven approaches, such as soil testing and targeted nutrient management, to make informed decisions about fertilizer application.   Farmers are embracing precise and site-specific methods for applying fertilizers, based on field variability and crop requirements. This trend makes way for optimized resource utilization, improved crop performance, and enhanced...
Read more

Smart Ticketing Market Report: Emerging Technologies & Market Opportunities

  The global smart ticketing market size is expected to reach USD 31.65 billion by 2030, growing at a CAGR of 15.5% from 2023 to 2030, according to a new report by Grand View Research, Inc. With the widespread adoption of smartphones, mobile ticketing channels have gained traction, allowing users to purchase, store, and validate tickets directly on their mobile devices, eliminating the need for physical cards or paper tickets. The convenience and ease of use offered by mobile ticketing have contributed to the growth of the market. Smart ticketing systems generate vast amounts of data on passenger journeys, travel patterns, and ticket usage.   Operators leverage this data to gain valuable insights, optimize operations, and improve the overall passenger experience. Data analytics techniques, such as predictive modeling and real-time monitoring, are being applied to enhance efficiency, manage capacity, and offer personalized services, which bode well for smart ticketing...
Read more

Boosting Crop Yields: India Foliar Fertilizer Market Trends & Forecasts

  The  India foliar fertilizer market  size is expected to reach USD 4.9 billion by 2030, expanding at a CAGR of 11.3% during the forecast period, as per a new report by Grand View Research, Inc. The industry growth is majorly driven by surged demand for food due to increasing population coupled with supportive government initiatives and decreasing arable land in the country.   There has been a significant increase in the global prices of fertilizers and foliar fertilizers. As such, farmers falling into small- and marginal-income categories cannot afford to buy fertilizers resulting in reduced agricultural yields. This has led the Government of India to take initiatives to provide fertilizer subsidies to farmers in the country to make them affordable at subsidized prices. For instance, the Government of India announced a subsidy scheme related to fertilizers worth USD 27 billion in 2022 to ensure that fertilizers are affordable for every farmer in the country. Thus, ...
Read more