(19 Oct 2021) STM (the Association of Scientific, Technical and Medical Publishers) has today published the latest edition of ‘The STM Report’, the organization’s comprehensive overview of the scientific and scholarly publishing market. The revised report, which adopts a new supplement format to be issued in regular thematic updates, reveals significant publisher-driven growth in Open Access (OA) and continued dynamism in the scholarly communication ecosystem.
For the past 15 years, the STM Report has provided data and analysis for all involved in the global activity of research, highlighting and exploring the trends, issues and challenges facing scholarly publishing. The latest edition in the series: ‘STM Global Brief 2021 – Economics and market size’ provides an update on the size and shape of scholarly publishing and offers the latest global market values for the industry across scientific and technical, medical, and social sciences and humanities fields.
The latest report shows that recent strong growth in OA publishing is projected to continue. Around a third of all global research articles are now published OA with some countries, such as the UK on track for 90% of their researchers’ output to be published OA within a year due to
business model and operational innovations.
The new report reveals emerging trends across journal publishing and article growth, the market dominance of formats and disciplines, whilst also exploring the variances across the different markets of the global economy. It details that China remains the world’s most prolific producer
of publishable research output, but that, India, Russian Federation, Spain, Italy, Brazil and Australia all have shown strong growth since 2018.
The report can be accessed here.
The original press release can be found here.