Market Snapshot:
Electronic textbooks, often referred to digital textbooks, and e-texts, are techniques are called of a text that could be read on a desktop, smartphone, or ereader device. Parts or all of the printed content may be included in electronic textbooks. It may also incorporate content that would be impossible to render in a printed text, such as multimedia and hyperlinks. Dynamic content, self-assessments, or guided questions with real-time feedback are all possible features of certain electronic textbooks. Online classwork, quizzes, and instructor presentations are examples of interactive course content that is often private to the publisher. Electronic textbook rental is a service that allows consumers to rent textbooks over the internet. Rather than physically visiting a library to borrow textbooks, users can browse textbooks online and have them delivered to their homes.
Highlights from E-textbook Rental Market Study
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
The key Vendors profiled in the report are Bloomsbury (United Kingdom), TextbookRush (United States), VitalSource (United Kingdom), BigWords.com (United States), 24symbols (Germany), Alibris (United States), Chegg (United Kingdom), CengageBrain (United States), Textbokx (Australia) and Yuzu (China). Additionally, other players that are part of this comprehensive study are Bookboon (Denmark), Studypool (Netherlands), Digistudy (France), Kobo (Canada) and Canvas by Instructure (United States).
Geographic Breakdown and Segment Analysis
The Global E-textbook Rental market presents a comprehensive analysis of the E-textbook Rental market by end-user/application (Non-Academic and Academic), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global E-textbook Rental industry. Investors and Vendors can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
For instance, while the holds majority of market share of the E-textbook Rental market
Analyst at AMA have segmented the market study of Global E-textbook Rental market by Type, Application and Region.
Influencing Trend:
Growing The Fame Regarding To Rental E-Textbooks Among Learners
Market Growth Drivers:
Growing Adoption Of Digital Content Among Learners and Rising Numeral Of Publishers Going Digital
Challenges:
Limited New Content Available and Technological Complexity Associated with E- Text Book
Restraints:
Lack Of Availability Of E-Text Book and Data Security And Privacy Concerns
Opportunities:
Rapidly Growing Digitization In Educational Sector and Rising Acceptance Of Economic E-Textbook Rental Activities
Market Developments Activities:
In August 2023, Course Hero enters into a partnership with McGraw-Hill Education to offer official e-textbook rentals, further diversifying its content library.
In October 2023, Scribd expands its e-textbook rental service to include K-12 titles, catering to a broader audience.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Key Target Audience
E-textbook Rental Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others