E-book market size to grow by $ 6.93 billion

NEW YORK, November 10, 2021 / PRNewswire / – According to “E-Book Market – Forecast and Analysis Report 2021-2025” research report, the market is expected to have an annual growth rate of 6.04% in 2021 and is expected to grow at a CAGR of 7% between 2020 and 2025.

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

North America is the largest market for electronic books. Factors such as e-book reader benefits and engagement create significant growth opportunities for household composter manufacturers in APAC. The range of interactive components built into eBooks include verbal interaction, AR and games. Thus, the demand for interactive e-books will continue to increase, which will drive the growth of the global e-books market during the forecast period.

View sample: to know additional highlights and key points on various market segments and their impact in the years to come.

Supplier Information

The global e-books market is fragmented in nature due to the presence of several global and regional players.

The increasing competition in the market forces the suppliers to adopt various growth strategies such as promotional activities and advertising spend to improve the visibility of their products. Some vendors are also adopting inorganic growth strategies such as mergers and acquisitions to stay competitive in the market.

For example – In September 2020, Hachette Livre announced the acquisition of Laurence King Publishing (LKP), the UK’s leading gift publisher and one of the country’s top three art publishers.

Learn more about the growth strategies adopted by vendors and their product offerings. Read a sample market research report.

Geographic market analysis

North America will provide maximum growth opportunities in the publishing market during the forecast period. According to our research report, the region currently holds 45% of the global market share and is expected to dominate the market until 2025.

In addition, countries like the United States, Canada, UK, Germany, China, and Italy are expected to become leading markets for eBooks during the forecast period.

Learn more about the geographic spread of this market along with the detailed analysis of major regions. https://www.technavio.com/report/e-book-market-industry-analysis

Key market trends and challenges:

The report identifies the growing adoption of online local language translation modules in eBooks as one of the major trends driving the market growth during the forecast period. Localization of online content and translations into the local language in the global e-book market is growing in importance as countries around the world have many native languages. Publishers are considering online translation of eBooks into various local languages ​​as an added benefit to their business. Thus, the localization of e-books will promote the growth of the targeted market in the long term.

Despite the rapid demand, e-book market factors such as increasing number of privacy breaches may hamper the growth of the market. Vendors or publishers in the global e-book market have been threatened by the growing increase in copyright infringements. With the increasing penetration of the internet, pirating and illegal file sharing has become a threat to the growth of the global e-books market. Online piracy has resulted in significant loss of income for many publishing houses.

See a free sample for highlights on market trends and challenges affecting the eBook market.

Customize your report

Don’t miss the opportunity to speak to our analyst and learn more about this market report. Our analysts can also help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and provide you with personalized data in a short period of time.

We offer 1000 USD FREE personalization value at time of purchase. Talk to our analyst now!

Associated reports:
Electronic textbook rental market –The projected valuation of the electronic 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. Download a free sample now!

Virtual schools market –The virtual schools market in North America has the potential to grow by USD 294.17 million during the period 2021-2025, and the market growth momentum will slow to a CAGR of 4.78%. Download a free sample now!

Scope of the e-book market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a CAGR of over 7%

Market growth 2021-2025

$ 6.93 billion

Market structure

Fragmented

Annual growth (%)

6.04

Regional analysis

North America, Europe, APAC, South America and MEA

Efficient contribution to the market

North America at 45%

Main consumer countries

United States, Canada, United Kingdom, Germany, China and Italy

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

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 Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period.

Personalization preview

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

Contact
Technavio research
Jesse maida
Communication and Marketing Officer
United States: +1 844 364 1100
United Kingdom: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

Cision

Cision

View original content to download multimedia: https://www.prnewswire.com/news-releases/e-book-market-size-to-increase-by-usd-6-93-bn–technavios-research- insights- strengths-benefits – e-book-reader-engagement-as-pilot-key-301420115.html

SOURCE Technavio


Source link

Comments are closed.