Growth in the e-publishing platform amidst lockdown situation and availability of the internet & IoT devices is reinforcing market growth.
Market Size - USD 25.37 Billion in 2019, Market Growth - CAGR of 8.4%, Market Trends -Growing demand for e-books for educational & research purposes
The Global E-Publishing Market was valued at USD 25.37 Billion in 2019 and is forecast to reach USD 48.90 Billion, delivering a CAGR of 8.4% by 2027. The market growth is driven by an increasing appreciation for electronic media for content consumption by both readers and authors of newspapers, magazines, and books. The global lockdown due to the COVID-19 pandemic has further provided an impetus to the e-publishing industry growth.
The e-publishing platforms have enabled press & newspaper companies to retain their valuable readers. The book authors and publishers who are faced with prominent constraints in publishing the physical books are now gaining readership with the help of these e-books platforms. Readers are gradually gravitating towards the growing digital platforms, thereby replacing the conventional physical books. Advancements in e-ink efficiencies, print on demand (POD), and e-reading devices are some of the other key factors bolstering e-publishing market expansion.
Major global players like Amazon, Apple, and Google, which once invested heavily in the e-books platform, are now outperforming several traditional book publishers. The companies are also allowing fresh authors to publish their books on their platform in order to build a prominent customer base.
In March 2020, British Government officials announced a 20% tax exemption on E-Newspapers and E-Books till the end of the year. The U.K. government has also considered the significance of e-publishing platforms, like many other countries, as not only paving the way for many new possibilities for reaping the benefits from the internet but also reducing paper consumption massively.
The COVID-19 Impact
The coronavirus pandemic has directly hit the book publishing and offline bookselling industries. Several book publishers dealing in physical bookselling & printing have encountered restrictions in the conventional ways of both selling and printing books due to the lockdown. The newspaper companies have also encountered similar issues during the epidemic. However, with the availability of e-publishing, most of these companies are back to normal profit margin as consumers have now become accustomed to electronic content consumption.
Further key findings from the report suggest
For the purpose of this report, Reports and Data has segmented the Global E-Publishing Market on the basis of the genre, business model, type, end-use vertical, and region:
Genre Outlook (Revenue: USD Billion; 2017-2027)
Business Model Outlook (Revenue: USD Billion; 2017-2027)
Type Outlook (Revenue: USD Billion; 2017-2027)
End-Use Vertical Outlook (Revenue: USD Billion; 2017-2027)
Regional Outlook (Revenue: USD Billion; 2017-2027)
Reasons to Buy the Report
Market Size - USD 25.37 Billion in 2019, Market Growth - CAGR of 8.4%, Market Trends -Growing demand for e-books for educational & research purposes
The Global E-Publishing Market was valued at USD 25.37 Billion in 2019 and is forecast to reach USD 48.90 Billion, delivering a CAGR of 8.4% by 2027. The market growth is driven by an increasing appreciation for electronic media for content consumption by both readers and authors of newspapers, magazines, and books. The global lockdown due to the COVID-19 pandemic has further provided an impetus to the e-publishing industry growth.
The e-publishing platforms have enabled press & newspaper companies to retain their valuable readers. The book authors and publishers who are faced with prominent constraints in publishing the physical books are now gaining readership with the help of these e-books platforms. Readers are gradually gravitating towards the growing digital platforms, thereby replacing the conventional physical books. Advancements in e-ink efficiencies, print on demand (POD), and e-reading devices are some of the other key factors bolstering e-publishing market expansion.
Major global players like Amazon, Apple, and Google, which once invested heavily in the e-books platform, are now outperforming several traditional book publishers. The companies are also allowing fresh authors to publish their books on their platform in order to build a prominent customer base.
In March 2020, British Government officials announced a 20% tax exemption on E-Newspapers and E-Books till the end of the year. The U.K. government has also considered the significance of e-publishing platforms, like many other countries, as not only paving the way for many new possibilities for reaping the benefits from the internet but also reducing paper consumption massively.
The COVID-19 Impact
The coronavirus pandemic has directly hit the book publishing and offline bookselling industries. Several book publishers dealing in physical bookselling & printing have encountered restrictions in the conventional ways of both selling and printing books due to the lockdown. The newspaper companies have also encountered similar issues during the epidemic. However, with the availability of e-publishing, most of these companies are back to normal profit margin as consumers have now become accustomed to electronic content consumption.
Further key findings from the report suggest
- The availability of eye-friendly display technologies like OLED and IPS (In-Panel Switching) LCD and budget-friendly options are resulting in the exponential growth of e-book and e-magazine users.
- On the basis of genre, the fictional genre of e-books & e-magazines is estimated to witness a notable growth rate of 8.4% over the analysis timeframe, as many new age authors are emphasizing science fiction. Moreover, an increased inclination of both teenagers and adults in high-tech fictions in the era of technological advancements will boost segmental growth.
- In the regional landscape, North America is estimated to hold a major chunk of the e-publishing market with a CAGR of 8.4% through 2027 due to a massive reader base and sizeable revenue generated for their subscriptions.
- The APAC region is forecast to witness the fastest growth rate of 10.9% over the forecast period due to a sudden upsurge in the number of e-readers and new e-new platforms after the COVID-19 outbreak.
- Prominent players in the E-publishing market are Amazon, Apple, Inc., Google LLC, Pearson Education, Barnes & Noble Booksellers, Inc., Lulu Publishing, Rakuten Kobo Inc., The New York Times Company, Scribd, Inc., and The Wall Street Journal, among others.
- On 23rd April 2020, a Chinese multinational consumer electronics manufacturer, Hisense Infotech, launched the world’s first color e-ink device, which is deemed the most convenient device for reading an e-book or e-magazine.
For the purpose of this report, Reports and Data has segmented the Global E-Publishing Market on the basis of the genre, business model, type, end-use vertical, and region:
Genre Outlook (Revenue: USD Billion; 2017-2027)
- Educational
- Fictional
- Sports
- Business
- Comedy
- Historical
- Romance
- Suspense & Thriller
- Memoir
- Personal Grooming & Motivational
- Miscellaneous
Business Model Outlook (Revenue: USD Billion; 2017-2027)
- Periodic Subscription
- Pay Per Read
- Pay Per Copy
- Others
Type Outlook (Revenue: USD Billion; 2017-2027)
- E-Books
- E-Papers
- E-Magazines
End-Use Vertical Outlook (Revenue: USD Billion; 2017-2027)
- Common Individuals
- Education & Research
- Business Research
- Press Reference
- Others
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- U.S.
- Europe
- U.K.
- France
- Asia Pacific
- China
- India
- Japan
- Latin America
- Brazil
- Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the E-Publishing Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the E-Publishing Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. E-Publishing Market Segmentation & Impact Analysis
Chapter 5. E-Publishing Market By Genre Insights & Trends
Chapter 6. E-Publishing Market By Business Model Insights & Trends
Chapter 7. E-Publishing Market By Type Insights & Trends
Chapter 8. E-Publishing Market By End-Use Verticals Insights & Trends
Chapter 9. E-Publishing Market Regional Outlook
Chapter 10. Competitive Landscape
Chapter 11. Company Profiles
Companies Mentioned
- Amazon
- Google LLC
- Apple Inc.
- Pearson Education
- Lulu Publishing
- Barnes & Noble Booksellers Inc.
- Rakuten Kobo Inc.
- The Wall Street Journal
- The New York Times Company
- Scribd Inc.,
