How big is the e-reader market?
The global e-reader market was valued at 18.13 million U.S. dollars in 2020 and is projected to reach 23.12 billion U.S. dollars by 2026. In 2020, the trade e-book revenue in the United States amounted to 1.1 billion U.S. dollars.
Who owns most of the eBook market?
It was revealed yesterday that Amazon already owns 90% of the eBook market. Wow! What does that mean? It means that of all the money being invested into an eBook format, nearly all of it is being invested in Amazon eBook collections.
What is the market share of Kindle?
Euromonitor data shows that Kindle has an 83.6% share of the U.S. e-readers market while Kobo, at No. 2, has a 13.4% share. (In another worrying sign for Barnes & Noble, the data shows its Nook device holds only a 2.1% share.)
Which company sells the most ebooks?
Market Shares by Company 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.
Are Ereaders still popular?
Sure, there are still many readers who love their Amazon Kindle Paperwhite or Kindle Oasis and the longer battery life. But the number of new ereader buyers is declining. Smartphones are and will continue to be the most used device for reading ebooks and listening to audiobooks.
What percentage of book sales are eBooks?
Ebooks make up 21% of total book sales It largely excludes sales of educational and technical titles, and sales through self-publishing platforms such as Kindle Unlimited. And those categories typically comprise a much higher percentage of digital 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.
How many e-readers are sold each year?
Update: Ebook consumption continues to grow in 2019, with over 335 million copies sold.
What is the market for eBooks?
Recent news about ebook market size. Ebooks accounted for 21% of consumer book revenues in the September quarter. e-books account for 18% of US book sales. Down 19.9 percent, as compared to June of 2020, for a total of $87.7 million.
What is the most popular eBook platform?
Following are the 8 best eBook hosting platforms available today:
- KITABOO. It is one of the best eBook hosting platforms out there.
- Amazon Kindle Direct Publishing (KDP)
- Apple iBooks Store.
- Smashwords.
- Barnes & Noble Press.
- Kobo Writing Life.
- Draft2Digital.
- Lulu.
Is the ebook market growing?
Revenue in the eBooks segment is projected to reach US$17.04bn in 2022. Revenue is expected to show an annual growth rate (CAGR 2022-2026) of 2.34%, resulting in a projected market volume of US$18.69bn by 2026. In the eBooks segment, the number of readers is expected to amount to 1,182.8m users by 2026.
Is the ebook industry growing?
What percentage of books sold are eBooks?
e-books account for 18% of US book sales. Down 19.9 percent, as compared to June of 2020, for a total of $87.7 million. Harpercollins’ digital sales increased by 38% in the 1st quarter. Ebook and downloadable audiobook sales combined accounted for 18% of the HarperCollins’ total sales in 2020.
Which website is best for selling eBooks?
20 Websites to Sell and Publish Your eBooks
- Payhip. Sign Up | Selling & Pricing.
- Amazon Kindle Direct Publish. Sign Up | Selling & Pricing.
- Blurb. Sign Up | Selling & Pricing.
- Lulu. Sign Up | Selling & Pricing.
- Tradebit. Sign Up | Selling & Pricing.
- NOOK Press. Sign Up | Selling & Pricing.
- Kobo Writing Life.
- Smashwords.
Are ereaders obsolete?
E-reader sales are in decline, but the real trouble for Nook and Kindle may be that we’re simply not reading that many books. Ah, the simple pleasure of a book. The slow burn of drama, the crisply printed words, the flash of the screen as you share a particularly moving passage on social media.
What is the size of the e-reader market?
Based on Screen Size, the market is bifurcated into Below 6 Inch, 6 to 8 Inch, 8 to 10 Inch, and Above 10 Inch. On the basis of Geography, the Global E-Reader Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
What is the value share of the North American e-reader market?
By the end of 2017, the North American E-Reader Market was estimated to have a value share of just under 32%; however, by the end of 2020, this is expected to drop to just under 26%, a loss of 60 basis points from 2017.
What is the forecast period of e-reader market research report?
E-Reader Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.
Why should you buy this global e-reader market report?
The Global E-Reader Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.