CLEVELAND, Dec. 20, 2017 /PRNewswire/ -- US book publishing revenue is forecast to total $24.2 billion in 2021, according to Books: United States, a report recently released by Freedonia Focus Reports. Increased demand for print books in developing markets will drive gains over the forecast period.
More information about the report is available at
https://www.freedoniafocusreports.com/Books-United-States-FF25010/
Revenues from internet book publishing are projected to grow the fastest of any discrete media type through 2021. Gains will be driven by the increasing popularity of e-books in the domestic market, the vast majority of which are distributed via the internet. The textbook market segment is expected to see the fastest revenue gains of any segment through 2021, maintaining its position as the largest segment. Expanding funding for K-12 schools and rising college enrollment levels will spur advances.
These and other key insights are featured in Books: United States. This report forecasts US book publishing revenues in nominal US dollars to 2021. Total revenue is segmented by media type in terms of:
- internet
- other media such as CDs, audiobooks, and e-books published on physical media
Total revenue is also segmented by market as follows:
- textbooks
- adult trade
- professional, technical, and scholarly
- children's
- general reference
To illustrate historical trends, total revenue, the various segments, and trade are provided in annual series from 2006 to 2016.
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Consumer Goods reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.684.9600
[email protected]
SOURCE The Freedonia Group
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