Market Insights Digital Digital Media ePublishing

eMagazines - Denmark

Denmark

The eMagazines market in Denmark is expected to experience substantial growth in the coming years.
According to projections, the revenue in this market is anticipated to reach US$13.25m Danish Krone in 2024.
Furthermore, it is estimated that the market will exhibit a compound annual growth rate (CAGR 2024-2027) of 0.65%, resulting in a projected market volume of US$13.51m Danish Krone by 2027.
As the market expands, the number of eMagazine readers is also predicted to increase significantly.
By 2027, it is expected that the number of readers will reach 0.5m users.
This growth in readership can be attributed to factors such as the increasing popularity of digital media and the convenience of accessing magazines online.
In terms of user penetration, which measures the percentage of the population using eMagazines market, it is projected to be 8.0% in 2024 and is expected to rise to 8.1% by 2027.
This indicates a gradual increase in the adoption of eMagazines market among the Danish population.
The average revenue per user (ARPU), a metric that gauges the amount of revenue generated per user, is estimated to be US$28.24 Danish Krone.
This figure reflects the average spending of each eMagazine user in Denmark.
In a global context, it is worth noting that in the United States is expected to generate the highest revenue in the eMagazines market.
In 2024, it is projected to generate a staggering US$1,617.00m Danish Krone, highlighting the dominance of the US market in this industry.
Overall, the eMagazines market in Denmark is poised for growth in the coming years, with increasing revenue, readership, and user penetration.
These trends align with the global shift towards digital media consumption and suggest a promising future for the eMagazines market industry in Denmark.
The eMagazine market in Denmark is thriving, with a diverse range of digital publications catering to the country's tech-savvy and environmentally conscious population.

Key regions: China, United Kingdom, Asia, Japan, Germany

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Analyst Opinion

Despite the steady growth in the eMagazines market, the product will likely stay a niche product. Attempts to transfer subscription-based business models to the eMagazines market have not yet reached the anticipated impact on sales. By analogy to Video Streaming services, eMagazines subscription services often struggle with a limited portfolio of available content. Currently, the business’s hope of a breakthrough lies – again – with Apple and its new service called Apple News+.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the ePublishing market. ePublishing is defined as paid editorial/written content distributed over the internet, including eBooks (fiction, non-fiction, and academic publications), digital editions (replicas) of consumer and trade/business magazines (eMagazines), as well as daily or weekly newspapers (ePapers). All monetary figures refer to consumer spending on digital goods or subscriptions in the respective market. This spending factors in discounts, margins, and taxes.

Modeling approach / market size:

The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., the Statista Global Consumer Survey), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). GCS data is reweighted for representativeness.