Market Insights Digital Digital Media ePublishing

eMagazines - Iraq

Iraq

The eMagazines market in Iraq is projected to reach a revenue of US$13.96m in 2024.
This represents a significant growth potential for the market.
It is expected to show an annual growth rate (CAGR 2024-2027) of 3.71%, resulting in a projected market volume of US$15.57m by 2027.
This indicates a positive trend in the market's growth.
In terms of readership, the eMagazines market in Iraq is expected to have around 2.4m users readers by 2027.
This highlights the increasing popularity and demand for eMagazines market among the Iraqi population.
User penetration, which represents the proportion of the population using eMagazines market, is expected to be 5.2% in 2024.
However, it is projected to decrease slightly to 5.0% by 2027.
This indicates that although the overall number of readers is expected to increase, the proportion of the population using eMagazines market may slightly decline over time.
The average revenue per user (ARPU) is projected to amount to US$6.02.
This metric indicates the average amount of revenue generated per user in the eMagazines market.
It is an important indicator of the market's financial performance.
In a global comparison, United States is expected to generate the highest revenue in the eMagazines market, with an estimated revenue of US$1,617.00m in 2024.
This demonstrates the dominance of the United States in the global eMagazines market industry.
Overall, the eMagazines market in Iraq shows promising growth potential, with increasing revenue, readership, and average revenue per user.
The United States remains a key player in the global eMagazines market, generating substantial revenue.
As a journalist with deep knowledge about history, facts, and insights in the eMagazines market, I can provide you with the following country-specific statement about current trends in Iraq: Despite challenges, the eMagazines market in Iraq is experiencing a slow but steady growth, driven by increasing internet penetration and a growing appetite for digital content.

Key regions: France, India, Germany, United Kingdom, Europe

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Currency

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.