Book market

E-books market size USD 38,560 million by 2026 at a CAGR of 15.7%

BANGALORE, India, December 10, 2020 /PRNewswire/ — The e-book market is segmented by Industry Type (eBook Reader, Smart Phone, Other), Application (Hardware Application, Online Store, Others), Major Suppliers and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2019- 2026. This report is published on Appreciate the reports in the Electronic books Category.

The global e-books market size is expected to reach $38,560 million by 2026, $16100 million in 2020, at a CAGR of 15.7% over the period 2021-2026.

The major drivers for the growth of the e-books market size are the increased use of e-readers, e-learning applications, development of improved display technologies, and advancements in battery technology.

The report includes market size by country and region for the period 2015-2026. It also includes market size and forecast by type and application segment in terms of production capacity, price and revenue for 2015-2026.

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TRENDS AFFECTING THE SIZE OF THE E-BOOK MARKET

The e-book industry is seeing a surge thanks to the COVID-19 pandemic as the number of subscriptions increases. People are spending more time at home due to lockdown restrictions. This might prove to be a driving factor for the growth in the size of the e-books market over the forecast period.

Digital education and immersive learning systems are also expected to drive the growth of the e-book market size. The introduction of the latest hardware, software and educational content is expected to create an immersive environment to provide readers with a real-time experience.

The e-book market may see an increase in sales due to its advantages over conventional books. Some of the major advantages that are driving the growth of the e-books market size are the availability of multiple books on a single platform and shareable features.

Moreover, the simple access to a wide variety of e-book libraries through applications or online services is consumed on the Internet, thus emerging as a low-cost alternative to the conventional distribution method. The resources available for these e-books, such as e-lending, have also increased the growth in the size of the e-books market.

Additionally, environmental protection campaigns by governments around the world to save trees by reducing paper usage are also fueling the growth in the size of the e-books market.

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E-BOOK MARKET SHARE ANALYSIS

North America is expected to hold the largest e-books market share over the forecast period. E-books in the North American region have become a normal and permanent option over print books for customers when they need easy access and portability, and publishers have successfully responded to the increasing consumer acceptance of new reading technologies by continually redefining and expanding. Additionally, there is an increase in the ownership of tablet computers and e-book reading devices, such as the original Kindles, during gift-giving season.

Asia Pacific The region is expected to witness the highest growth during the forecast period. the Asia Pacific is home to a number of educational institutes, where these institutes have started turning to e-books, which gives them a greater opportunity to optimize the delivery of their content.

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SEGMENTATION OF THE E-BOOK MARKET

E-books Market Segment by Regions

  • North America
  • Europe
  • China
  • Japan

E-books Market Segment by Type

  • e-book reader
  • Smartphone
  • Other

Electronic Books Market Segment by Application

  • Material app
  • Online Store
  • Others

Main main suppliers

Amazon, Apple, McGraw Hill, Sybex, Beacon Press, Adobe Press, John Wiley & Sons, Penguin Group, Blackwell Science, Random House, Springer, Bertelsmann Sony, IReader Technology.

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