The article cited AMA's Global Electronic Reading Market Study explored substantial growth with CAGR of %. According the report, High Demand for E-readers with Advanced Features is one of the primary growth factors for the market. Increased Penetration of the Internet
is also expected to contribute significantly to the Electronic Reading market. Overall, Electronics
applications of Electronic Reading, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Amazon.com, Inc. (United States), Rakuten Kobo Inc. (Canada), Sony Corporation (Japan), Hanwang Technology Co (China), Pocketbook (Switzerland), Aluratek, Inc. (United States), ECTACO, Inc. (United States), Bookeen (France), Kolporter Holding (Poland) and Iflytek (China) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Brand Store, is boosting the Electronic Reading market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Electronic Reading market identified that the demand is rising in many different parts of the world as "Growth in the Consumer Electronics Industry
". Furthermore, some recent industry insights like "In October 2023, Kobo launches a new e-reader with a built-in stylus for note-taking and highlighting. the launch of the Kobo Elipsa 2E marked a significant step forward for Kobo in the e-reader market, catering to readers who value the ability to actively engage with their ebooks and PDFs through note-taking and highlighting." is constantly making the industry dynamic. One of the challenges that industry facing is "Lack of Skilled Professionals"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Electronic Reading market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Electronic Reading market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Electronic Reading market tight? Which application/end-user category or Product Type [Based E Ink Carta, Based E Ink Pearl and Based TFT-LCD] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Electronic Reading market and other related sub-markets covered in the study.
o Key & emerging players in the Electronic Reading market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Electronic Reading market size is calculated using market estimation process, the Electronic Reading market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Electronic Reading market size has been validated using both top-down and bottom-up approaches.