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Brief Excerpt from Industry Overview Chapter:
Companies in this industry produce, edit, market, and publish books in print, electronic, or audio format. The top global book publishers in the US are HarperCollins, McGraw-Hill Education, Scholastic, and Wiley. The other leading publishers are Hachette Livre (France), Penguin Random House (the UK), and Springer Nature (Germany).
The global book publishing industry is expected to reach about $122 billion by 2032, according to Research and Markets. Total book revenue is forecast to grow by about 5% per year over the next seven years as print and digital categories co-evolve.
The US book publishing industry consists of about 2,500 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $30 billion.