Los Angeles, CA (PRWEB) October 05, 2011
E-book publishing industry revenue has soared over the last five years with the debut of dedicated mobile reading devices for e-books called e-readers. During this time, internet access boomed, disposable income increased and more Americans enrolled in higher education. These factors influence consumer access to e-content and affordability, which, in turn, affects demand for e-books. In the five years to end-2011, revenue is expected to have grown by an average of 127.7% per year to $3.0 billion. Profit has also expanded as digital formatting of books has become more streamlined, increasing the industry's efficiency.
While this new industry has flourished, firms have faced hurdles with consumers accessing free e-books and publishers disagreeing with retailers about e-book pricing. Major e-book publishers examined in this report include: Pearson PLC, Bertelsmann AG, News Corporation and Scholastic Corporation
Along with industry revenue growth, employment is forecast to grow by an average annual rate of 0.5% per year from 2011 to 2016 to 93,307 workers. Changing books into digital formats is becoming more streamlined, so firms only need new workers when technology shifts. However, new publishing firms are expected to start up as technology costs decline and demand soars. These players will likely focus on niche audiences or genres, such as professional e-books or children's books.
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The E-Book Publishing industry designs books that are already in print for a digital format, and discovers, edits and designs books that are published exclusively in digital formats.
E-Book Publishing Industry Report Key Topics
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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