E-Book Market to grow at a CAGR of 7% by 2025 | Benefits & Reader Engagement of eBooks to Boost Market | 17000+ Technavio Reports
NEW YORK, March 9, 2022 /PRNewswire/ -- The E-Book Market estimates a market value of USD 6.93 billion from 2020 to 2025. Technavio report offers a detailed analysis of the new opportunities that market players can expect. In addition, the report projects the market to progress at a CAGR of 7%. 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.
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E-Book Market: Benefits and reader engagement of E-Books to drive growth
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.
E-Book Market: Rising adoption of online local language translation modules in eBooks a major trend
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.
E-Book Market: Growing number of privacy breaches to hamper the market
The growing number of privacy breaches will be a major challenge for the eBooks market. The vendors or publishers present in the global eBook market have been threatened by the growing surge in copyright infringement. With the rising penetration of the Internet, piracy and illegal file-sharing have become a threat to the growth of the global eBook market. Online piracy has resulted in large losses in revenue to many publishing houses. The increasing threat of eBook piracy not only impacts the financial health of companies but also affects the interest of publishers. Thus, the unauthorized duplication of copyrighted content is expected to restrict the growth of the global eBook market during the forecast period.
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E-Book Market: Segmentation Analysis
This market research report segments the e-book market by Product (Consumer eBook, Professional eBook, and Educational eBook), Geography (North America, Europe, APAC, South America, and MEA), and Market Landscape (Smartphones, Tablets, and Others).
The e-book market share growth by the consumer eBook segment will be significant for revenue generation. 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.
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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 | USD 6.93 billion |
Market structure | Fragmented |
YoY growth (%) | 6.04 |
Performing market contribution | North America at 45% |
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. |
Table of Content
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
3. Market Sizing
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 - 2025
Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4. Five Forces Analysis
4.1 Five Forces Summary
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition - Five forces 2020
5. Market Segmentation by Product
5.1 Market segments
Exhibit 15: Product - Market share 2020-2025 (%)
5.2 Comparison by Product
Exhibit 16: Comparison by Product
5.3 Consumer eBook - Market size and forecast 2020-2025
Exhibit 17: Consumer eBook - Market size and forecast 2020-2025 ($ million)
Exhibit 18: Consumer eBook - Year-over-year growth 2020-2025 (%)
5.4 Professional eBook - Market size and forecast 2020-2025
Exhibit 19: Professional eBook - Market size and forecast 2020-2025 ($ million)
Exhibit 20: Professional eBook - Year-over-year growth 2020-2025 (%)
5.5 Educational eBook - Market size and forecast 2020-2025
Exhibit 21: Educational eBook - Market size and forecast 2020-2025 ($ million)
Exhibit 22: Educational eBook - Year-over-year growth 2020-2025 (%)
5.6 Market opportunity by Product
Exhibit 23: Market opportunity by Product
6. Customer landscape
6.1 Customer landscape
Exhibit 24: Customer landscape
7. Segment by Platform Usage
7.1 Smartphones
7.2 Tablets
7.3 Others
8. Geographic Landscape
8.1 Geographic segmentation
Exhibit 25: Market share by geography 2020-2025 (%)
8.2 Geographic comparison
Exhibit 26: Geographic comparison
8.3 North America - Market size and forecast 2020-2025
Exhibit 27: North America - Market size and forecast 2020-2025 ($ million)
Exhibit 28: North America - Year-over-year growth 2020-2025 (%)
8.4 Europe - Market size and forecast 2020-2025
Exhibit 29: Europe - Market size and forecast 2020-2025 ($ million)
Exhibit 30: Europe - Year-over-year growth 2020-2025 (%)
8.5 APAC - Market size and forecast 2020-2025
Exhibit 31: APAC - Market size and forecast 2020-2025 ($ million)
Exhibit 32: APAC - Year-over-year growth 2020-2025 (%)
8.6 South America - Market size and forecast 2020-2025
Exhibit 33: South America - Market size and forecast 2020-2025 ($ million)
Exhibit 34: South America - Year-over-year growth 2020-2025 (%)
8.7 MEA - Market size and forecast 2020-2025
Exhibit 35: MEA - Market size and forecast 2020-2025 ($ million)
Exhibit 36: MEA - Year-over-year growth 2020-2025 (%)
8.8 Key leading countries
Exhibit 37: Key leading countries
8.9 Market opportunity by geography
Exhibit 38: Market opportunity by geography ($ million)
9. Drivers, Challenges, and Trends
9.1 Market drivers
9.1.1 Benefits and reader engagement of eBooks
9.1.2 Rising adoption of online local language translation modules in eBooks
9.1.3 Proliferation of smart devices and applications
9.2 Market challenges
9.2.1 Growing number of privacy breach
9.2.2 Inefficient management of eBook content
9.2.3 Increasing threat from open source content
Exhibit 39: Impact of drivers and challenges
9.3 Market trends
9.3.1 Increasing adoption of different formats for publishing eBooks
9.3.2 Growing number of partnerships and product launches
9.3.3 Growing popularity of online education and digital literacy
10. Vendor Landscape
10.1 Overview
10.2 Vendor landscape
Exhibit 40: Vendor landscape
10.3 Landscape disruption
Exhibit 41: Landscape disruption
Exhibit 42: Industry risks
11. Vendor Analysis
11.1 Vendors covered
Exhibit 43: Vendors covered
11.2 Market positioning of vendors
Exhibit 44: Market positioning of vendors
11.3 Amazon.com Inc.
Overview
Business segments
Key offerings
Segment focus
11.4 Apple Inc.
Overview
Business segments
Key offerings
Segment focus
11.5 Bertelsmann SE and Co. KGaA
Overview
Business segments
Key offerings
Segment focus
11.6 Cengage Learning Inc.
Overview
Product and service
Key offerings
11.7 Hachette Livre
Overview
Product and service
Key news
Key offerings
11.8 HarperCollins Publishers
Overview
Product and service
Key offerings
11.9 John Wiley and Sons Inc.
Overview
Business segments
Key news
Key offerings
Segment focus
11.10 Kensington publishing corp.
Overview
Product and service
Key offerings
11.11 Macmillan publishers
Overview
Product and service
Key offerings
11.12 McGraw Hill
Overview
Product and service
Key news
Key offerings
12. Appendix
12.1 Scope of the report
12.1.1 Market Definition
12.1.2 Objectives
12.1.3 Notes and caveats
12.2 Currency conversion rates for US$
Exhibit 82: Currency conversion rates for US$
12.3 Research Methodology
Exhibit 83: Research Methodology
Exhibit 84: Validation techniques employed for market sizing
Exhibit 85: Information sources
12.4 List of abbreviations
Exhibit 86: List of abbreviations
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