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.
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
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The E-book Market Covers the Following Areas:
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
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.
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.
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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 |
$ 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
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