eMagazines - Republic of the Congo

Republic of the Congo

Highlights

The Republic of the Congo is set to witness a significant surge in revenue within the eMagazines market.
Projections indicate that by 2024, the revenue will reach US$519.90k.
This impressive growth is expected to continue, with an annual growth rate (CAGR 2024-2027) of 8.90%.
As a result, the market volume is projected to reach US$671.40k by 2027.
In terms of readership, the eMagazines market is expected to attract a substantial number of readers.
By 2027, it is estimated that the number of readers will reach 208.7k users.
This growth in readership is a testament to the increasing popularity and accessibility of eMagazines market in the Republic of the Congo.
User penetration, which refers to the percentage of the population using eMagazines market, is predicted to rise steadily.
In 2024, user penetration is projected to be 2.8%, and this figure is expected to reach 3.2% by 2027.
This signifies a growing interest and adoption of eMagazines market among the population.
Furthermore, the average revenue per user (ARPU) is expected to reach US$3.10.
This indicates the amount of revenue generated from each user and highlights the potential profitability of the eMagazines market in the Republic of the Congo.
In a global comparison, United States stands out as the top revenue generator in the eMagazines market.
In 2024, it is estimated that United States will generate a staggering US$1.62bn in revenue.
This highlights the dominant position of the United States in the global eMagazines market.
Overall, the eMagazines market in the Republic of the Congo is poised for significant growth in the coming years.
With increasing revenue, expanding readership, and rising user penetration, the eMagazines market presents a promising opportunity for both businesses and consumers in the country.
The eMagazine market in the Republic of the Congo is witnessing a surge in demand for local content and niche publications, catering to the diverse interests of its population.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

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.