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The pandemic has accelerated the digitization trend in education, with varying impacts on K-12, university, and professional learning. We have studied the firms we cover in the sector (including content publishers evolving into service partners and Chinese school operators), concluding that larger, competitively advantaged firms should navigate the transition successfully.
John Wiley & Sons is one of the foremost global providers of academic journals, books, pre- and post-hire assessments and training, test preparation materials, and online education program management solutions. Wiley derived nearly 80% of its total fiscal 2020 revenue from digital products and tech-enabled services, with just over half of the total top line coming from its research publishing and platforms segment, 36% from its academic and professional learning effort, and 13% from its education services unit. Of fiscal 2020 revenue, 52% was derived in the United States, 10% in the United Kingdom, and 6% in Germany, with no other country accounting for more than 5% of sales.
