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Press Release: EBSCO Information Services [September 30, 2021]

EBSCO Information Services releases Serials Price Projection Report for 2022

Ipswich, MA -- September 30, 2021. 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. To read the 2022 Serials Price Projection Report in its entirety and view the Five-Year Journal Price Increase History, visit: https://www.ebsco.com/sites/g/files/nabnos191/files/acquiadam-assets/EBSCO-Five-Year-Journal-Price-Increase-History-2017-2021.pdf

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: www.ebsco.com.


Summary: The 2022 Serials Price Projection Report from EBSCO Information Services 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.
Publication Year:2021
Type of Material:Press Release
LanguageEnglish
Date Issued:September 30, 2021
Publisher:EBSCO Information Services
Company:
Company: EBSCO Information Services
Permalink: https://librarytechnology.org/pr/26728

LTG Bibliography Record number: 26728. Created: 2021-09-30 07:30:16; Last Modified: 2021-09-30 07:30:36.