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E-Book Market: 6.04% Y-O-Y Growth Rate in 2021 | Market Size, Share, Facts & Factors

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jan 20, 2022, 02:00 ET

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NEW YORK, Jan. 20, 2022 /PRNewswire/ -- The latest E-Book Market research report by Technavio infers that the benefits and reader engagement of eBooks is driving this market's growth.

Resulting in market growth of USD 6.93 billion from 2020 to 2025, read additional information about the market, Get FREE sample report.

Attractive Opportunities in E-Book Market by Product, Platform Usage, and Geography - Forecast and Analysis 2021-2025
Attractive Opportunities in E-Book Market by Product, Platform Usage, and Geography - Forecast and Analysis 2021-2025

Vendor Landscape

The e-book market is fragmented and the vendors are deploying growth strategies such as mergers and acquisitions and collaborating with schools and educational institutions to compete in the market.

Hachette Livre - In September 2020, the company announced the acquisition of Laurence King Publishing (LKP), the UK's leading gift publisher and one of the country's top three art publishers

John Wiley and Sons Inc. - In February 2021, the company and CRUI signed a four-year transitional agreement to accelerate open-access publishing in Italy.

McGraw Hill - In February 2021, the company had been named as one of America's best midsize employers by Forbes.

View more about the market's vendor landscape highlights with a comprehensive list of vendors and their offerings.

Key Market Segmentation

  • Segmentation by Product: 
    • Consumer E-book: 
      • The e-book market share growth by the consumer eBook segment will be significant during the forecast period. Consumer eBooks include adult fiction and other fiction genres, and consumer eBooks are mainly bought by individual end-users. The demand for fiction books is growing due to the evolving reading habits of individuals. In addition, the compelling fictional stories being published have been helping this genre gain popularity among readers. 
    • Professional E-book
    • Educational E-book
  • Segmentation by Platform Usage:
    • Smartphones
    • Tablets
    • Others

Request a FREE Sample of this report for more highlights into the market segments.

The E-book Market Covers the Following Areas:

E-Book Market Sizing

E-Book Market Forecast

E-Book Market Analysis

Regional Market Outlook

45% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for e-books in North America. Market growth in this region will be faster than the growth of the market in MEA.

Government initiatives encouraging the adoption of advanced technologies in schools and libraries to enrich the learning experience of students will facilitate the e-book market growth in North America over the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.

Latest Drivers & Trends of the Global E-Book Market

  • Market Driver:
    • Benefits and reader engagement of eBooks:

The benefits and reader engagement of eBooks is one of the key factors driving the growth of the market during the forecast period. Books in the digital format have been quite prevalent, with eBooks and e-readers becoming a common phenomenon across the world. However, this has been changing rapidly. eBooks for end-users are gaining popularity, as the latest interactive technologies are being integrated into them. The array of interactive components being integrated into eBooks includes verbal interaction, AR, and gaming. These features, along with the traditional aspects of story plots and illustrations, are making eBooks popular among professionals, children, and others. Thus, the demand for interactive eBooks will continue to rise, which will drive the growth of the global eBook market during the forecast period.

  • Market Trend:
    • Rising adoption of online local language translation modules in eBooks:

The rising adoption of online local language translation modules in eBooks is one of the key trends driving the growth of the market during the forecast period. The localization of content and online local language translations in the global eBook market is gaining prominence, as countries across the globe have many native languages. Publishers are considering the online translation of eBooks in various local languages as an added advantage to their businesses. This will not only improve the accessibility and distribution of books to wider target end-user but also help them in cutting costs and improving content mobility. Thus, the localization of eBooks will foster the growth of the market in focus in the long run.

Find additional information about various other market drivers & trends mentioned in our FREE sample report.

Need More? Are You Looking for Information Not Covered in This Report?

  • Want to understand more about the various research methodology?
  • Evaluate a specific segment or region in detail
  • Identify key suppliers, customers, or other market players
  • Analyze market regulations

Tailor this report according to your needs. Get it done with our $1000 worth of free customization. Speak to Our Analyst Now!

Related Reports:

K-12 Instruction Material Market by Product, Course Offering, and Geography - Forecast and Analysis 2021-2025: The K-12 instruction material market has the potential to grow by USD 8.43 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 6.29%. To get extensive research insights: Download our FREE sample report

E-textbook Rental Market by End-user, Payment Model, and Geography - Forecast and Analysis 2021-2025: The projected valuation of the e-textbook rental market by 2025 is USD 402.10 million. The growth momentum of the market is expected to accelerate at a CAGR of 23.21%, during 2021-2025. To get extensive research insights: Download our FREE sample report

E-Book Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7%

Market growth 2021-2025

$ 6.93 billion

Market structure

Fragmented

YoY growth (%)

6.04

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 45%

Key consumer countries

US, Canada, UK, Germany, China, and Italy

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amazon.com Inc., Apple Inc., Bertelsmann SE and Co. KGaA, Cengage Learning Inc., Hachette Livre, HarperCollins Publishers, John Wiley and Sons Inc., Kensington publishing corp., Macmillan publishers, and McGraw Hill

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1. Executive Summary                          

2. Market Landscape                             

2.1 Market ecosystem            

Exhibit 01:  Parent market

Exhibit 02:  Market Characteristics

2.2 Value chain analysis          

Exhibit 03:  Value chain analysis: Education Services

2.2.1 Inputs

2.2.2   Operations

2.2.3   Marketing and sales

2.2.4 Support activities

2.2.5 Innovation

Download our FREE sample report to get Extended TOC List

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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