About Ebook Readers
The global Ebook market is expected to grow in the forecasted period due to growing awareness pertaining to saving paper and the increasing availability of free e-books on the Internet coupled with a shift in preference among tech-savvy users from traditional books to portable electronic reading devices. An eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader. a trend towards digital is picking up in the educational sector and is particularly strong among institutions catering to students who attend distance learning schools, for-pro!t institutions, and traditional two- and four-year-degree programs and seek added value. In Europe, the UK ebook market comes closet to that of the US in size and growth because of its vibrant performance in digital publishing.
Attributes | Details |
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Study Period | 2018-2029 |
Base Year | 2023 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
The leading actor in the ebook market, Amazon.com, also dominates the US retail market for printed books. Significant revenue growth potential exists in emerging markets and developing countries. The key players are making partnerships with other service providing companies and expanding the current product portfolio are expected to remain as key strategies of manufacturers operating in the global e-book reader market to facilitate their sales growth. Long-term technology partnerships with business partners will help increase business revenue and new innovation strategy, thereby enabling e-book reader vendors to reach new potential markets. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Ebook Readers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Amazon (United States), Rakuten Kobo, Inc. (Canada), Barnes & Noble (United States), Hanvon Technology Co. Ltd. (China), Onyx International Inc. (China), PocketBook International SA (Switzerland), Aluratek Inc. (United States), Bookeen (France), ECTACO Inc. (United States) and Ematic (Singapore) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Arta Tech (Poland), Kobo (Canada), Boox (China) and Rakuten (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Ebook Readers market by and Region.
On the basis of geography, the market of Ebook Readers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Price, the sub-segment i.e. Below USD 100 will boost the Ebook Readers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Screen Type, the sub-segment i.e. E Ink Screen will boost the Ebook Readers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Worker will boost the Ebook Readers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age, the sub-segment i.e. Ages 13-17 will boost the Ebook Readers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand due to Ability to Read and Manage Purchased e-books in the Cloud and Growing Demand from Students and Business Professionals
Market Growth Drivers:
Growing Usage of Smartphones, Tablets, and Phablets and High Demand due to Use of Offline Dictionary
Restraints:
The Presence of Several Customers Unwilling to Spend Extra on Purchasing Tablets
Opportunities:
Development of Enhanced Display Technologies for Alleviating E-readability and High Demand owing to its great market potential as the next generation education system
Market Leaders and their expansionary development strategies
In October 2023, Onyx Boox collaborates with note-taking app developers to optimize their apps for its e-readers with stylus support, enhancing productivity and creative potential
In November 2023, Onyx Boox announces the Nova Max 3, featuring a flexible e-paper display and handwriting recognition tools, pushing the boundaries of e-reader functionality
In several European countries, book prices are regulated and are subject to reduced VAT, yet these regulations do not automatically apply to ebooks., In France, legislation to extend fixed prices to ebooks was introduced in 2011., In Spain, the existing “Book Law” is understood to cover ebooks as well as printed books. and In Germany, Börsenverein – the professional association for publishers and booksellers is lobbying the federal government for an extension of the law of fixed prices for books to ebooks.
Key Target Audience
Ebook Readers Providers, Government Regulatory Bodies, Government Research Organizations, Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.