EBook Market Size USD 38,560 Million by 2026 at 15.7% CAGR

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BANGALORE from India, Dec 10 2020 / PRNewswire / – The E-book market is segmented by Industry Type (Ebook Reader, Smart Phone, Other), Application (Hardware Application, Online Store, Others), Key Vendors and Regional Growth: Global Opportunity Analysis and Industry Forecast, 2019- 2026. This report is published on Evaluate reports in the Electronic books Category.

The global e-book market size is expected to reach $ 38,560 million by 2026, from $ 16,100 million in 2020, at a CAGR of 15.7% in 2021-2026.

The major factors driving the growth in the size of the e-books market are the increased use of e-readers, e-learning applications, the development of improved display technologies, and the advancement in computer technology. batteries.

The report includes market size by country and region for the period 2015-2026. It also includes the market size and forecast by type and application segment in terms of production capacity, price and revenue for 2015-2026.

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TRENDS AFFECTING THE SIZE OF THE E-BOOKS MARKET

The eBook industry is experiencing an increase thanks to the COVID-19 pandemic as the number of subscriptions increases. People are spending more time at home due to lockdown restrictions. This may prove to be a deciding factor for the growth in the size of the e-books market during the forecast period.

Digital education and immersive learning systems are also expected to drive the growth in the size of the e-books market. The introduction of the latest hardware, software and educational content should create an immersive environment to provide readers with a real-time experience.

The e-book market may experience an increase in sales due to its advantages over conventional books. Some of the major benefits driving the growth in the size of the eBook market are the availability of multiple books on a single platform and shareable functionality.

In addition, simple access to a wide variety of e-book libraries through online applications or services is consumed over the Internet, thus becoming an inexpensive alternative to the conventional distribution method. The resources available for these e-books, such as e-lending, have also increased the growth in the size of the e-book market.

In addition, environmental protection campaigns by governments around the world to save trees by reducing paper use are also fueling the growth in the size of the e-book market.

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ELECTRONIC BOOKS MARKET SHARE ANALYSIS

North America is expected to hold the largest e-books market share during the forecast period. E-books in North America have become a normal and permanent option over printed books for customers when they needed easy access and portability, and publishers have successfully responded to the growing acceptance. new reading technologies by consumers by redefining and continuously developing them. In addition, there is an increase in the possession of tablet computers and e-book reading devices, such as the original Kindle, during giveaway season.

Asia Pacific The region is expected to experience the strongest growth during the forecast period. The Asia Pacific is home to a number of educational institutes, where these institutes have started to turn to e-books, which gives them a greater opportunity to optimize their content delivery.

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SEGMENTATION OF THE ELECTRONIC BOOK MARKET

E-Books Market Segment by Regions

  • North America
  • Europe
  • China
  • Japan

E-Books Market Segment by Type

  • Ebook reader
  • Smartphone
  • Other

E-Books Market Segment by Application

  • Hardware application
  • Online shop
  • Others

Main suppliers

Amazon, Apple, McGraw Hill, Sybex, Beacon Press, Adobe Press, John Wiley & Sons, Penguin Group, Blackwell Science, Random House, Springer, Bertelsmann Sony, IReader Technology.

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