E-Book Market: Snapshot
The e-book market is seeing a rise across the COVID-19
pandemic as the number of subscriptions is escalating. People are getting more
time at home due to the lockdown restrictions. This factor may prove to be a
game-changer for the growth of the e-book market across the forecast period of
2020-2030.
The heightening influence of technology coupled with the
inclination toward digitization by a substantial populace, especially among the
millennial and generation Z category may have a positive influence on the
growth of the e-book market. The report by Transparency Market Research on the
global e-book market highlights the various aspects of growth.
The e-book
market report provides a structured study on numerous parameters
of growth such as competitive scenario, regional assessment, and emerging
trends. The researchers have carried exhaustive research on the COVID-19 impact
across the e-book market and the findings have been included in the report.
Furthermore, the report also sheds light on the pain points so that the
stakeholder can plan the business strategy accordingly.
Get PDF brochure for
Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3237
E-Book Market: Competitive Landscape
Numerous players compete for the top position in the e-book
market but a few major players have established extensive dominance. These
players generate major revenue for the e-book market. The players in the e-book
market try to attract a large number of subscribers through offering cashback,
discounts, and free trials during the subscription process.
The players also update their subscription platforms from
time-to-time to improve the user experience. For instance, Kobo recently
released a new firmware update 4.23.15505 to almost all its e-reader devices
for enhancing the user experience. Such developments bring extensive growth for
the e-book market.
Some well-established players in the e-book market are
Rakuten Kobo Inc., Smashwords Inc., Amazon.com, Inc., Barnes & Noble, Inc.,
and Apple Inc.
E-Book Market: Role of ‘Big 5’ in Increasing the Growth
Rate
The 5 major book publishing houses are known as the ‘Big 5’
in the publishing industry. They are HarperCollins, Penguin Random House, Simon
& Schuster, Macmillan, and Hachette. Major publishing houses are supporting
the e-book market, thus bringing enormous growth. For instance, Penguin Random
House India and HarperCollins India have set up their exclusive e-book stores
in partnership with Amazon’s Kindle. Such initiatives and collaborations assure
great growth opportunities for the e-book market.
E-Book Market: Growth-Worthy Advantages
The e-book market may experience an escalation in the sales
due to the benefits associated. The preference of a large chunk of the populace
for e-books over traditional books is because of the varied benefits. Some of
the major advantages that harness growth for the e-book market are as follows:
Numerous Books on Single Platform: A plethora of
e-books are available on a single platform. This aspect eliminates the burden
of carrying multiple books and also saves a lot of space.
Shareable: An e-book can be shared with numerous
people at once as compared to traditional books that can be shared with one
person at a time.
Never Out of Stock: A traditional book can go
out of stock but as an e-book is available in the digital format, it never goes
out of stock and always caters to the service of the reader.
Cost-Effective: An e-book is cost-effective as
compared to a traditional book. An individual can buy a bestseller between the
prices of $1 to $8, thus bringing immense growth prospects for the e-book
market.
E-Book Market: Regional Dimensions
North America may invite expansive growth across the
forecast period of 2020-2030 and eventually serve as the most profitable region
due to speedy internet access and the increasing demand for digital comic
books. Developing nations across the globe may observe slow growth due to the
non-availability of the internet across remote and rural areas. Nevertheless,
several initiatives are being taken by the governments of such countries to
penetrate digitalization across such areas.
This study by TMR is all-encompassing framework of the
dynamics of the market. It mainly comprises critical assessment of consumers'
or customers' journeys, current and emerging avenues, and strategic framework
to enable CXOs take effective decisions.
Purchase our Premium
Research Report at: https://www.transparencymarketresearch.com/checkout.php?rep_id=3237<ype=S
Our key underpinning
is the 4-Quadrant Framework EIRS that offers detailed visualization of four
elements:
- Customer Experience
Maps
- Insights
and Tools based on data-driven research
- Actionable Results
to meet all the business priorities
- Strategic
Frameworks to boost the growth journey
The study strives to evaluate the current and future growth
prospects, untapped avenues, factors shaping their revenue potential, and
demand and consumption patterns in the global market by breaking it into region-wise
assessment.
The following
regional segments are covered comprehensively:
- North
America
- Asia
Pacific
- Europe
- Latin
America
- The
Middle East and Africa
About Us
TMR has a
track record to provide ace market research solutions that has earned us the
trust of our clients for their business intelligence needs. Serving 13 industry
verticals with a database of over 1,000 reports and 1 million + data points,
our expanse to provide market research solutions is exceptional. We deep dive
for a thorough understanding of the subject, gather precise information, and
then analyze it to present solutions that are par excellence.
Contact:
90 State
Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com
No comments:
Post a Comment