Open Access Journal Publishing 2024-2028

Description

Open Access (OA) publishing sales have shown a steady increase, climbing from $1.8 billion in 2022 to $1.9 billion in 2023, and further to $2.1 billion in 2024. This upward trend is anticipated to continue, with projections estimating a rise to $3.2 billion by the year 2028. The comprehensive report by Simba Information, titled Open Access Journal Publishing 2024-2028, offers a look into the varied revenue streams that characterize OA journal publishing now and in the future.

This report presents a detailed analysis overview and financial forecast of the OA journal publishing sector, highlighting key publishers up to the year 2024 and extending market predictions to 2028. The compilation of this forecast involved a thorough examination of worldwide OA journal sales data, contributions from prominent publishers, and forward-looking revenue projections. Simba Information's approach encompassed a blend of primary and secondary research methodologies, interviews with competitors, consultations with industry specialists, and analysis of financial data. This research is part of a broader study focusing on the scholarly and professional publishing market as a whole.

The report also features an evaluation of ten leading OA publishers, including Springer Nature, Elsevier, MDPI AG, John Wiley & Sons, Frontiers, IEEE, Informa PLC, and SAGE Publications, providing insights into their respective standings and contributions to the field.

Product Code: CURP18984098

Table of Content

METHODOLOGY

DEFINITION OF OPEN ACCESS JOURNAL PUBLISHING

SCOPE OF THE REPORT

SOURCES OF INFORMATION

METHODOLOGY FOR PROJECTING/ESTIMATING RESULTS

EXECUTIVE SUMMARY

INTRODUCTION

WHAT IS OPEN ACCESS PUBLISHING?

KEY FACTS & TRENDS

Open Access Sales Reach $1.9 billion in 2023

Normalization of Research Outputs

Research Integrity Prime Industry Challenge

AI Solutions Deployed as Integrity Firewall

Europe's New Plan Emphasize Preprints Over APCs

CHAPTER 1: OPEN ACCESS JOURNAL MARKET

INTRODUCTION
KEY DEVELOPMENTS IN OPEN ACCESS
Internet, Economics Launch Open Access Movement
Plan S Takes Aim at Hybrid Journal Model
Biden Changes US Open Access Policy
OPEN ACCESS DEFINITIONS AND PUBLISHING MODELS
Open Access Journals
Gold
Green
Hybrid
Diamond
Bronze
Megajournals
Article Processing Charges (APCs)
Institutional Memberships
THE OPEN ACCESS ECOSYSTEM
Public Funding Agencies
National Institutes of Health
European Research Council
UK Research and Innovation
The Wellcome Trust
Howard Hughes Medical Institute (HHMI)
Institutional Mandates
MARKET SIZE
Table 1-1. Open Access Journal Market by Metric, 2021 - 2023
Figure 1-1: Growth of Open Access Research Articles vs Non-Open Access Research Articles, 2019-2023
APC Journal Revenue
Direct Support
Premium Services
Memberships
Transformative Agreements
Table 1-2. Largest Transformative Agreements by Number of Publications Covered
Other Measures of Market Size
OPEN ACCESS BY DISCIPLINE
Medical & Biosciences
Scientific & Technical
Social Science and Humanities (SSH)
Figure 1-2. OA Journal Revenue, Share by Academic Discipline, 2023
OPEN ACCESS PUBLISHING BY GEOGRAPHY
Figure 1-3. Open Access Journal Titles by Subject Area 2024
Figure 1-4. Leading Nations Publishing Output, Open Access vs. Non-Open Access Articles, 2023
North America
Figure 1-5. Open Access Journals vs. Non-Open Access Journals by Regional Geography, 2023
Europe
Asia-Pacific
Figure 1-6. Leading Nations Percentage of Open Access to Articles Published, 2023
Rest of the World
Language
Figure 1-7. Breakdown of Academic Scholarly Journals (Peer Review, English, Open Access) 2024

CHAPTER 2: LEADING OPEN ACCESS JOURNAL PUBLISHERS

INTRODUCTION
Figure 2-1. Leading OA Journal Publishers by Market Share, 2023
LEADING OPEN ACCESS JOURNAL PUBLISHERS
Table 2-1. Leading Open Access Journal Publishers' Revenue, 2021 - 2023
SPRINGER NATURE
Company Overview
Recent Company Performance
Open Access Strategy
Table 2-2. Most Cited Journals, 2023
ELSEVIER
Company Overview
Recent Company Performance
Open Access Strategy
Table 2-3. Leading Publishers by Titles in the Directory of Open Journals 2024
MDPI AG
Company Overview
Table 2-4. Top-Cited Journals in Chemistry & Materials Science, 2023
Recent Company Performance
Table 2-5. Top-Cited Journals in Earth and Planetary Science, 2023
Open Access Strategy
JOHN WILEY & SONS
Company Overview
Table 2-6. Most Active Peer Reviewed Open Access Journal Titles, 2024
Recent Company Performance
Table 2-7. Top-Cited Journals in Engineering and Materials Science, 2023
Open Access Strategy
FRONTIERS
Company Overview
Table 2-8. Top-Cited Journals in Neuroscience 2023
Table 2-9. Top-Cited Journals in Immunology and Microbiology, 2022
Recent Company Performance
Open Access Strategy
IEEE
Company Overview
Table 2-10. Top-Cited Journals in Computer Science 2023
Recent Company Performance
Open Access Strategy
INFORMA PLC
Company Overview
Recent Company Performance
Open Access Strategy
SAGE PUBLICATIONS
Company Overview
Recent Company Performance
Open Access Strategy
WOLTERS KLUWER
Company Overview
Recent Company Performance
Open Access Strategy
PUBLIC LIBRARY OF SCIENCE (PLOS)
Company Overview
Recent Company Performance
Table 2-11. Top-Cited Multidisciplinary Journals 2023
Open Access Strategy
OTHER NOTABLE PUBLISHERS
De Gruyter Brill
Oxford University Press
Table 2-12. Top-Cited Journals in Health Professions, 2023
American Chemical Society
Table 2-13. Leading Journal Publishers by Average Citation per Article, 2023
MERGERS & ACQUISITIONS IN THE OA JOURNAL MARKET
Table 2-14. OA Journal Publishing M&A Activity, 2022
Table 2-15. OA Journal Publishing M&A Activity, 2023-2024

CHAPTER 3: TRENDS & FORECAST

INTRODUCTION
TRENDS IN OPEN ACCESS PUBLISHING
Normalization of Research Outputs
Research Integrity Prime Industry Challenge
AI Solutions Deployed as Integrity Firewall
Megajournals Under the Microscope
Library Budgets Remain Stretched
APCs and Inflation
Europe's New Plan Emphasize Preprints Over APCs
Drive for New Sources of OA Funding
China's Research Rising Impact
Table 3-1. Research & Development Spending Forecast by Country, 2024 - 2028 ($ in billions)
Research & Development Spending Maintains Strong Outlook
Non-Open Access Journals Garner Slightly More Citations per Paper
Figure 3-1. Non-Open Access Journals, Documents, Citations, 2023
Figure 3-2. Open Access Journals, Documents, & Citations, 2023
Peer Review Most Prevalent in Open Access Journals
Figure 3-3. Prevalence of Peer Review in All Journals vs. Open Access vs. English-Non-English, 2024
OPEN ACCESS PUBLISHING FORECAST
Steady GDP Growth Forecast Globally
Table 3-2. World GDP Projected Growth by Region, 2024 - 2027
Market Forecast
Table 3-3. Open Access Journal Forecast by Metric, 2024 - 2028
Forecast Leading Publishers
Table 3.4. Leading OA Journal Publishers Forecast, 2023 - 2024P ($ in millions)