e-Book Market to Grow at 19.81% CAGR by 2018, Says a New Research Report at ReportsnReports.com
Dallas, Texas (PRWEB) August 27, 2014 -- A major trend witnessed by the Global e-Book market is the self-published content by vendors or the content provided by authors and publishers in return for a certain percentage of the royalties. This makes it easier for authors and publishers to publish their content and save on promotion and distribution costs.
Analysts forecast the Global E-book market to grow at a CAGR of 19.81 percent over the period 2013-2018. According to the report, one of the main drivers in this market is the increase in the use of portable devices, which allow users to purchase books directly on their device and access the digital content from anywhere and at any time.
e-books are books available in a digital format, which allows readers to access content anywhere and anytime using their handheld devices. The Global e-Book market is the fastest growing segment in Global Book Publishing industry. It accounts for approximately 11.9 percent of total Book Publishing market in 2013. The segment contribution is expected to reach 26.3 percent by 2018.
This report covers the present scenario and the growth prospects of the Global e-book market for the period 2014-2018. To calculate the market size, the report considers the revenue generated from the sale of e-books. The report also analyses the Global E-book market by product as well as geographical segmentation.
The Global e-book Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global e-book market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global E-book Market: Amazon.com Inc.,Apple Inc.,Barnes & Noble Inc. and Kobo Inc.
Other Prominent Vendors in the market are: E-books.com, Google E-books, Lulu, OmniLit, ReadUps and Smashwords.
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Key Market Driver
• Increase in Portable Device Penetration
• Opening UP of New Markets
Key Market Trend
• Self-publishing by Vendors
• Listing of Multiple Currencies
Further, the report states that one of the biggest challenges that the Global e-Book market faces is piracy. Many bestseller books are available on websites that allow the reader to easily download them at almost no cost.
Key Questions Answered in this Report
• What will the market size be in 2018 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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