The e-books market share in Europe will post an incremental growth of USD 958.24 million, decelerating at a CAGR of 6.25% during the forecast period. The considerably high prices of printed books will offer immense growth opportunities to market vendors. The e-books market in Europe is fragmented, and the vendors are deploying growth strategies such as technological innovations to compete in the market.
Technavio’s report on “E-books Market in Europe Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026” provides a detailed analysis of the prevalent market forces, trends, and challenges likely to impact the market in focus.
The e-books market in Europe is segmented by genre (fiction, non-fiction and education, and others).
The growth of the e-books market size in the Europe fiction segment will be significant during the forecast period. The growing demand for teen fiction is mostly from adult readers. The universal applicability of fiction is one of the key factors for the continuous growth of fiction e-books.
The considerably high prices of printed books will directly influence the sales of e-books in Europe. In addition, the emerging formats for publishing e-books are the major e-books market trends in Europe that will positively impact the market growth. However, factors such as the increasing threat from printed books will hamper the e-books market growth in Europe.
The market is fragmented due to the presence of several players. Some of the major e-books market vendors in Europe are Amazon.com Inc., Hachette Livre, Alphabet Inc., Apple Inc., Barnes and Noble Inc., Bertelsmann SE & Co. KGaA, Ebooks.com Pty Ltd., EBSCO Information Services, Informa Plc, McGraw Hill, News Corp., Pearson Plc, Rakuten Group Inc., and UCL.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
Download the Free PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the market growth.
Precise market size estimation during the forecast period 2022-2026.
CAGR of the e-books market in Europe forecast during 2022-2026.
Market-level data on units, average selling prices, and values of the e-books market share in Europe.
Prediction of the upcoming trends, drivers, and factors that challenge the growth of the e-books market in Europe.
E-books industry growth across Europe.
