News & Magazines - New Zealand
New Zealand- The News & Magazines market in New Zealand is expected to experience significant growth in the coming years.
- By 2022, the total revenue in this market is projected to reach a substantial amount of US$38.05m NZD.
- This indicates a positive trend in the industry.
- Furthermore, it is anticipated that the market will continue to expand at an annual growth rate of 8.89% from 2022 to 2027, resulting in a projected market volume of US$61.20m NZD by the end of 2027.
- This indicates a promising future for the News & Magazines market in New Zealand.
- Within the market, different revenue streams contribute to the overall financial performance.
- In-app purchase (IAP) revenue is projected to reach US$1.53m NZD in 2022.
- This suggests that consumers are willing to make additional purchases within the News & Magazines market apps.
- Paid app revenue is also expected to play a role in the market's growth, with a projection of US$54.77k NZD in 2022.
- This indicates that consumers are willing to pay for premium content within News & Magazines market apps.
- Advertising revenue is another significant aspect of the market, expected to reach US$36.46m NZD in 2022.
- This demonstrates the importance of advertising as a revenue source for News & Magazines market publishers in New Zealand.
- In terms of user engagement, the number of downloads in the News & Magazines market is projected to reach 1.26m downloads in 2022.
- This indicates a strong interest in News & Magazines market content among in New Zealand consumers.
- When considering the financial performance per download, the average revenue per download is currently expected to amount to US$30.26 NZD.
- This metric provides insights into the profitability of each user engagement in the News & Magazines market.
- It is worth noting that when comparing global markets, United States generates the highest revenue in the News & Magazines market sector.
- In 2022, United States is projected to generate a substantial revenue of US$4.42bn NZD.
- This highlights the dominance of the US market in this industry.
- Key regions:
- Japan,
- Europe,
- India,
- Germany,
- United States
Definition:
The News & Magazines market contains apps that deliver the latest news and content. Most of the major news outlets such as CNBC and Newsmax TV have their own apps to provide breaking news and send regular notification messages. Online newspapers and magazines have apps that show some free content but whose complete access is only available to paying subscribers. Additionally, the aggregation site Reddit has an app that delivers internet articles and posts from all over the world.Additional Information:
We consider three different sources of revenue:- Revenue from in-app purchases (IAP) that comes from the purchase of features, upgrades, and subscriptions within an app
- Paid app revenue from the one-time purchase of an app
- Advertising revenue obtained from showing ads within an app
In-Scope
- Apps that can be downloaded from major app stores such as Apple, Inc.'s App Store and the Google Play store, or in the case of China, from stores such as Huawei AppGallery and Tencent Appstore.
- Apps that are run on iPhones and Android phones.
Out-Of-Scope
- Apps exclusively offered by Microsoft Store and Amazon Appstore for Android.
- Custom-made apps not available from any official app store.
- B2B/C2C app sales of any kind.
- Subscription revenues outside of in-app purchases (for example, Netflix and Spotify use their own payment systems outside of their apps).
