Latest News- E-Book Market: Consumer e-book is expected to lead the Product segment during 2025-2029

The E-Book Market is being driven by Benefits and reader engagement of e-books

The E-Book Market is expected to grow at a CAGR of 10.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 14522.5 million. The e-book market is poised for substantial expansion due to the increasing compatibility of various e-book formats with diverse reader devices. Notable formats for e-book publishing include Mobi, EPUB, and KF8. These formats have gained traction among readers due to their user-friendly interfaces. EPUB, an e-book standard adopted by the International Digital Publishing Forum (IDPF), is based on eXtensible markup language (XHTML), cascading style sheets (CSS), and extensible markup language (XML). New and emerging formats like EPUB2 and EPUB3, popular among digital educational publishers, offer advanced features. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Product
  • Consumer e-book
  • Professional e-book
  • Educational e-book
• Platform
  • Smartphones
  • Tablet and laptops
  • Desktops
  • Smart TVs
• Business Model
  • Pay-per-download
  • Subscription-based
  • Freemium
  • Lending/Borrowing
• Genre
  • Fiction
  • Non-fiction
  • Young Adult
  • Comics/Graphic Novels
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Spain
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Benefits and reader engagement of e-books
• Rising adoption of online local language translation modules in e-books
• Proliferation of smart devices and applications

However, the market also witnesses some limitations, which are as follows:

• Growing number of privacy breaches
• Inefficient management of e-book content
• Increasing threat from open source content

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Market Scope in E-Book Market Research Report

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Research Analysis Overview

The E-Book Market has experienced significant growth due to technical advancements and the adoption of reading devices. E-books offer several advantages, including multilingual support, access to vast e-book libraries, and online services. The rise of smartphones has made e-books a low-cost alternative to physical books, contributing to their increasing popularity. Environmental protection campaigns, such as saving trees, have also played a role in their adoption. However, challenges such as IP infringement cases and copyright violations persist, involving major book publishers and content providers. The convenience of e-books, including convenient delivery and real-time experience in a digital format, has influenced immersive learning and the influence of technology on education. E-lending and the Open Library project have further boosted reader engagement, while bookstores and e-book sales continue to grow. Despite these advancements, physical books and electronic devices, including portable devices, remain important in the digitization of books.

Market Research Overview

In the E-book Market, technological advancements have significantly impacted the publishing industry. Core functions such as content development and product creation remain central, with an emphasis on digital content acquisition and formatting. The adoption of smartphones and multilingual features has expanded the Global e-book market, enabling greater accessibility and convenience for readers. Product development involves coordinating manufacturing processes for digital content, ensuring high-quality output and efficient distribution channels. Content development, a critical aspect of publishing, requires a deep commitment to writing, research, and sourcing assets and rights. Success in textbook and learning publishing hinges on the measurable outcomes delivered to educators and students.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/