How big is the global ebook market?
“According to the research report, the global E-Book Reader Market was estimated at USD 30.69 Billion in 2020 and is expected to reach USD 38.17 Billion by 2026. The global E-Book Reader Market is expected to grow at a compound annual growth rate (CAGR) of 3.7% from 2021 to 2026”.
What percentage of the book market is ebooks?
Ebooks make up 21% of total book sales.
Which country buys the most ebooks?
Our biggest market, unsurprisingly, is the US; an affluent, English-speaking bunch who were very early adopters of ebooks — even before the advent of the Kindle. But our second biggest geo market is “Rest-of-World”.
Is the ebook industry growing?
The E-book Market is segmented by Geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa)….Market Snapshot.
| Study Period: | 2019- 2026 |
|---|---|
| Fastest Growing Market: | Asia Pacific |
| Largest Market: | North America |
| CAGR: | 3.62 % |
Is there a demand for ebooks?
UK publishers can now expect consumer ebooks to enjoy their best year since 2015, when sales were just under £300m. Sales of consumer audiobooks, which have ridden a wave of increasing popularity over the years, surged 42% to £56m in the first half – easily on track to beat the record £97m set last year.
Are ebooks popular in India?
E-books may be at an inflection point in India. For most publishers, ebook sales are between 2% and 5% of business, small compared to the 30% in mature markets where ebooks are mostly read on ebook readers like Amazon’s Kindle.
Who sells more ebooks?
According to writer Max Lakin from Magnolia Media Network, it’s estimated that Amazon’s share of the eBook market is around 67%, making it the leading retailer by a landslide. Behind Amazon, the second largest seller of eBooks is Barnes and Noble. B&N’s Nook accounts for nearly 25% of eBook sales in the US.
Do physical books still outsell ebooks?
Publishers of books in all formats made almost $26 billion in revenue last year in the U.S., with print making up $22.6 billion and e-books taking $2.04 billion, according to the Association of American Publishers’ annual report 2019. …
Is there a demand for eBooks?
Are eBooks popular in India?
Who sells more eBooks?
Are eBooks declining?
The decline of eReader and eBook sales has been noted for a few years now, with early 2019 marking a 4.5 percent decline from the year before. Over the next five years, an overall decline, particularly for eReader devices, is set to continue at a rate of 12.7 percent CAGR from 2019 through to 2024.
How big is the global e book market?
The global E-book market size was valued at USD 15.71 billion in 2016 and is expected to witness significant growth on account of increasing digitalization of educational books and other genres of novels. Furthermore, multi lingual features of E-books is an advantage which is expected to help gain share over the projection period.
Which is the best report on the e book market?
The report by Transparency Market Research on the global e-book market highlights the various aspects of growth. The e-book market report provides a structured study on numerous parameters of growth such as competitive scenario, regional assessment, and emerging trends.
Why is there a demand for e books?
The rising adoption of smartphones and multilingual features of e-books is an advantage that is expected to drive the global demand for e-books.
Which is the fastest growing segment of the book market?
The global E-book sub segment of the book publishing market is expected to grow at the fastest rate over the projection period. Additionally, an increasing trend of online information collection for research & educational purpose is projected to fuel the growth of E-books market.