An elevated in demand has been ascertained in the E-Publishing platform owing to the lockdown situation and less preference on the conventional physical book or newspapers. Availability of the internet and IoT devices has helped in overall market enforcement.
New York City, United States – May 15, 2020 /MarketersMedia/ —
The global E-Publishing market is forecast to reach USD 48.90 Billion by 2027, according to a new report by Reports and Data. The global E-Publishing Market is growing predominantly as both the readers and authors of books, newspapers, and magazines have long been appreciating the electronic media of content consumption and deliberately started using these owing to the global lockdown caused by COVID-19 pandemic. The online presence of the press & newspaper companies helped them retain their valuable readers. Besides, book authors & publishers who faced prominent constraints in publishing the physical books, can gain the customers using the e-books platforms. Advancements in the e-reading devices, print on demand (POD), and e-ink efficiencies are some of the subordinate factors playing a significant role in driving the market forces.
The COVID-19 Impact:
The COVID-19 pandemic has directly hit the offline bookselling and book pushing industries. In the global lockdown scenario, many book publishers that deal in physical book printing and selling have faced restrictions in both the ways of printing and selling thee books. The same situation has been followed in the newspaper companies during the epidemic.
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Companies considered and profiled in this market study
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, and Scribd, Inc., among others.
Segments covered in the report:
This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the industry trends in each of the sub-segments from 2017 to 2027. For the purpose of this report, Reports and Data have segmented the global E-Publishing Market on the basis of the genre, business model, type, end-use verticals, and region:
Genre Outlook (Revenue: USD Billion; 2017-2027)
• Suspense & Thriller
• Personal Grooming & Motivational
Business Model Outlook (Revenue: USD Billion; 2017-2027)
• Periodic Subscription
• Pay Per Read
• Pay Per Copy
Type Outlook (Revenue: USD Billion; 2017-2027)
End-Use Verticals Outlook (Revenue: USD Billion; 2017-2027)
• Common Individuals
• Education & Research
• Business Research
• Press Reference
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Further key findings from the report suggest
• On 23rd April 2020, Highsense Infotech., a Chinese multinational consumer electronics manufacturer, is all set to launch the world’s first color e-ink device. E-ink device is certainly the most convenient device for the e-book or e-magazine reading. E-ink for its obvious characteristics such as less eye-straining and extra-long battery compared to any other mobile devices, is being extensively researched and innovated to deliberately replace the conventional books and e-book reading on the tablets or mobile phones.
• The core purpose of the tablet devices is that it offers a bigger screen and portability at the same time. Most tablet users opted for this type of mobile device is to consume media at a larger screen compared to mobile phones. Now that tablets are becoming budget-friendly and availability of the more eye-friendly display technologies like OrganicLED (OLED) and IPS (In-Panel Switching) LCD in tablets have significantly increased the e-book and e-magazine users.
• The fictional genre of e-books & e-magazines have been trendy and growing with a CAGR of 8.4% during the forecast period, as many new age authors have started emphasizing on the science fiction. Science fiction lets us imagine fighting off and spend all the impossibilities that confront, and no wonder in the modern era of technological advancements all those high-tech fictions have been a major interest of both the teenagers and adults.
Regional Outlook (Revenue, USD Billion; 2017-2027)
• North America
• Asia Pacific
• Latin America
Read the full Research Report along with a table of contents, facts and figures, charts, graphs, etc. @ https://www.reportsanddata.com/report-detail/e-publishing-market
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