, /PRNewswire/ -- The global digital newspaper publishing market is poised to grow by from 2024 to 2028, with a projected CAGR of 4.6%. Key drivers include increasing adoption of e-newspapers, particularly among millennials seeking instant news access.
However, stringent regulatory frameworks present challenges for digital platforms. Key players driving this growth include Axel Springer SE, Bertelsmann SE and Co. KGaA, Daily Mail and General Trust plc, News Corp.
, and others. Get a detailed analysis on regions, market segments, customer landscape, and companies- The Millennial generation's preference for instant gratification has significantly impacted the news industry, leading to the rise of digital newspaper publishing. With the widespread use of smartphones and social media, Millennials have access to real-time news updates, making traditional news sources obsolete.
According to a survey by the American Press Institute, 85% of Millennials consume news on mobile devices, compared to only 21% of those aged 65 and above. Social media platforms, such as Twitter and Facebook, serve as primary sources of news for Millennials, providing instant updates and short-form content. The desire for immediacy and relevance drives Millennials to stay informed on current events, particularly during crises like the COVID-19 pandemic.
Mobile-only news outlets cater to this preference, delivering bite-sized updates and covering topics relevant to Millennials. The global digital newspaper publ.
