EBSCO Information Services Releases Serials Price Projection Report for 2022
~ Annual Report Provides Overall Effective Publisher Price Increases for Academic and Academic Medical Libraries
IPSWICH, Mass., Sept. 30, 2021 /PRNewswire-PRWeb/ -- The 2022 Serials Price Projection Report from EBSCO Information Services (EBSCO) is now available. The report projects that the overall effective publisher price increases for academic and academic medical libraries are expected to be (before any currency impact) in the range of three to five percent for individual titles and one to three percent for e-journal packages.
EBSCO releases the Serials Price Projections based on surveys of a wide range of publishers and reviews of historical serials pricing data to assist information professionals as they make budgeting decisions for the renewals season. The Serials Price Projection Report looks at market dynamics highlighting many topics and trends that impact the scholarly information marketplace, including how economic factors influence publisher pricing, library budget challenges, e-journal packages, Open Access (OA), and the non-renewal of print subscriptions.
Publisher price increases are back for the 2022 renewal season and library budgets remain a top concern in the information marketplace. The Read & Publish model of OA had gained traction, especially in Europe, but it is undetermined whether this will in fact have the desired impact of lowering overall spend on information. E-journal packages still have the most significant impact on library budgets and librarians continue to research the value of the larger budget expenditures.
Although the serial price forecasts are based upon careful analysis, EBSCO recommends caution when using these projections, as they rely on historical trends and current estimates. EBSCO will update the projection information if economic conditions warrant it.
About EBSCO Information Services
EBSCO Information Services (EBSCO) is the preeminent provider of online research content and search technologies serving academic, school and public libraries; healthcare and medical institutions; corporations; and government agencies around the world. From research, acquisition management, subscription services and discovery to clinical decision support and patient care, learning, and research and development, EBSCO provides institutions with access to content and resources to serve the information and workflow needs of their users and organizations. EBSCO Information Services is a division of EBSCO Industries, Inc., a family owned company since 1944. For more information, visit the EBSCO website at: http://www.ebsco.com.
For more information, please contact:
Kathleen McEvoy
Vice President of Communications
[email protected]
978-414-0443
Media Contact
Kathleen McEvoy, EBSCO Information Services, 978-414-0443, [email protected]
SOURCE EBSCO Information Services
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