The chinese ebook market is booming, and young people are driving this growth. The global pet care market size was estimated at usd 1. Industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders. While ebook purchases continue to expand, us ebook growth has declined considerably, starting in september 2011. By comparing the markets growth rate with a products total sales growth rate, businesses can evaluate the success or failure of a given product or. However, the market for printed books is declining with the digitization of books and its easy availability and exchange over the internet. The company is best known as the worlds largest online store. Stock market performance by president, from reagan to trump. Looking at us ebook statistics and trends publishing perspectives.
To assess your market s growth potential, think of one or several simple indicators of your market s overall growth rate and use them to gauge market growth. The ebook industry news feed delivers the inside running on all the hot developments. What will the global ebook market look like by 2016. At the most recent digital book world, jonathan nowell of nielsen presented a look at print book sales from 20042014. Oct 03, 2012 one clear trend line has emerged in recent months in the us market.
Find industry analysis, statistics, trends, data and forecasts on ebook publishing in the us from ibisworld. In august 2019, the american association of publishers, which represents mostly traditional book publishers, reported that, among their members, ebook sales accounted for 14. Compare the market growth rate to your firms growth to see how well you are doing compared to the overall market. Nicholas carr parses some new data to show a fascinating trend. The international digital publishing forum collects quarterly us trade retail ebook sales in conjunction with the association of american. By and large, we have excluded data that is anomalous andor redundant due to age usually older than 10 years. The saas market is reaching a higher revenue size than both infrastructure as a service iaas and platform as a service paas. According to the latest survey by the association of american publishers aap and the. These indicators include the yeartoyear trend in industrywide sales, the trend in number of customers, and. Jan 22, 2018 the market growth rate when used with share of the market helps a company utilise the resources in the cash cow and stars. To assess your markets growth potential, think of one or several simple indicators of your markets overall growth rate and use them to gauge market growth. The number of young adult titles published more than doubled in the decade between 2002 and 2012 over 10,000 ya books came out in 2012 versus about 4,700 in 2002. Physical book sales are growing at 3 percent to 4 percent after many years of decline. Revenue is expected to show an annual growth rate cagr 20192023 of 2.
It was the steepest pace of contraction in gdp since the last quarter of 2008, much worse than market consensus of a 4. Juvenile book sales are growing year over year, with childrens and young adult books outpacing the total market with a growth rate of 3 percent compared to 1 percent growth, overall. Ebook market share 2019 ebooks make up 18% of total book sales. Sep 18, 2019 market growth rate current market size original market size original market size 100 remember that earlier, we gave you the formula to calculate growth rates for any equation. Books market size, share, analysis global industry. Ebook market in the us 20162020 research and markets. We looked at the sales numbers of publishers signed up to the platform. Juvenile nonfiction has been growing year over year. The ebook market segmented by geography north america, europe. Unit ebook sales for that same period amounted to 781 million.
Persistence market research offers a four year trend analysis for 2012 to 2016 and a four year forecast for the global ebook reader market between 2017 and 2020. Learn why we say that in our analysis of amazons ebook market share below. Its important, however, to understand that the german ecommerce market also has one of the highest return rates in the world, up to 70% for some sectors. Market growth rate current market size original market size original market size 100 remember that earlier, we gave you the formula to calculate growth rates for any equation. The report covers the present scenario and the growth prospects of the ebook market in the us for 20162020. Ebook market segment forecasts up to 2020, research. Total market revenue growth rates, income growth rates. Its stated right on the slidethe decline in nonfiction print book sales predates ebooks. Overall, the company sees total book spending in north america as relatively flat, 1. According to international publishers association, in 20, the book publishing market was dominated by countries such as the u. A market that had been doubling or more yearoveryear is now expected to increase by about a third in 2012.
In actuality, growth rate calculation can be remarkably simple. The pace of ebook decline appears to be cooling, aaps marisa bluestone said, noting 2017. When it comes to selling ebooks, amazon kdp kindle direct. According to the latest market study released by technavio, the ebook market in the us is set to surpass usd billion by 2020, growing at a cagr of close to 14%. If you sell ebooks on amazon exclusively through kdp select, you may lose 61% of your potential readers and sales.
This list and the average is updated as new data is. Apr 11, 2016 according to the latest market study released by technavio, the ebook market in the us is set to surpass usd billion by 2020, growing at a cagr of close to 14%. France, germany, italy, netherlands, spain, russia highergrowth, largerscale markets. Wedding services in the us industry outlook 20202025 poll average industry growth 20202025. The growth rate of ebooks between 2011 and 2010 was a bit over 100%. The number of young adult ebooks published has exponentially exploded during the same period, due in part to the genesis and growth of the digital book market itself. User penetration of ebooks is expected to grow at a significant rate. To calculate the market size, the report considers the revenue generated from the. The economy and stock market surged in president george h. All signs show growing popularity of electronic books, as traditional and selfpublished ebooks grow. Furthermore, increasing innovation in the market, which is anticipated to enhance the reading experience is. The united states continues to be the biggest market for the audio format and in 2017. Books market size, share, analysis global industry report. Sales of ebooks are no longer rising at extraordinary, doubledigit rates.
Global ebook market growth, trends and forecast 20182023. This study demonstrates the market dynamics and trends globally across five regions north america, latin america, europe, asia pacific, and middle east and africa which influence the current nature and future status. The fiveyear growth rate for childrens books from 2006 to 2011 averaged 0. Revenue is expected to show an annual growth rate cagr 20192023 of 1. It can be measured most accurately on a monthly or yearly rate. In any other industry for any other business, this would be eyepopping growth. Global book publishing market, segmented by forecast rate of growth and scale, 202018 higher growth, largerscale markets this market comprises established books markets such as the us, canada and australia, as well as countries such as brazil and thailand, where print revenue is still growing alongside ebooks revenue. The increasing consumer spending supported by increasing income is expected to boost market growth. Even if youre skeptical of slices claim that amazon took 53% of online sales growth last year, its clear that amazon accounts for a huge share of the retail growth in the united states.
To calculate the market size, the report considers the revenue generated from the sales of e. Ebook market in the us to surpass usd billion by 2020. Ebook sales doubled in us in 2018 according to data guys. X mn in 2018 and is projected to increase significantly at a cagr of x. Aug 08, 20 nicholas carr parses some new data to show a fascinating trend. When looking at the ebook market share in 2019, we saw that the data shifted a bit. It has been estimated the global consumer expenditure will growth at a rate of 3.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. The only category for which the piracy rate went up was ebooks. But then the savingsandloan crisis and gulf war struck. This slide in particular focuses on nonfiction categories. It can also indicate a time period where the economy grew but at the expense of low interest rates, which as we know now cant last forever. Book sales are in decline but audio books are thriving cnbc. In book news, a recent report shows that book publishers received nearly 23% of their revenues from sales of ebooks versus paper books during 2012. Covered in this report the report covers the present scenario and the growth prospects of the ebook market in the us for 20162020.
Ebook market global industry analysis, size, share, growth. May 19, 2018 it turns out this downward ebook trend isnt new. Looking at us ebook statistics and trends publishing. Global book publishing market, segmented by forecast rate of. In the case of english titles, only 39% of the sales volume came from the amazon ebook market. The firms analyze the health of the company through numbers for an annual increase in product sales as well as market share. Global book publishing market, segmented by forecast rate of growth and scale, 202018 highergrowth, largerscale markets this market comprises established books markets such as the us, canada and australia, as well as countries such as brazil and thailand, where print revenue is still growing alongside ebooks revenue. Technavios report, ebook market in the us 20162020, has been prepared based on an indepth market analysis with inputs from industry experts. The state of the publishing industry in 5 charts jane. Revenue is expected to show an annual growth rate cagr 20202024 of 4.
The us labor market entered 2020 on a strongerthanexpected note, adding jobs for a record 112th month. Amazon com inc revenue growth rates amzn, current and. The internet has slowly been eating away at the market for information delivered. Apr 23, 2020 companies track market growth rate in an effort to decide the best direction of the businesss operations. The asia pacific ebook reader market estimated to account for a market value share of about 27% by the end of 2017 will experience an increase in market share to the tune of a whopping 310 basis points to hold a market share of about 30% by the end of the forecast period in 2020. As we see next, data guy further abandons statistics etiquette by giving us eighteen month figures for no good reason. Sales for amazon ebooks through publishdrive jumped by 8%, from 39% in 2018 and 47% in 2019. K, the readers are adopting ebooks at faster rates as compared to the printed books. In a prediction which should sound familiar, pricewaterhousecoopers believes that ebook sales in the uk will triple over the next 4 years and surpass print sales by 2018. The market growth rate depends largely on the product life cycle, when the product is in introduction or growth. With 53% of sales happening in nonamazon sales channels, its clear that amazon shouldnt be your only bet.
The average conversion rate above is based on 15 studies, most of which were published over the last 5 years. In the united states, ebook market is forecast to grow at 21. Cumulative revenue growth comment although amazon com inc s annual revenue growth year on year were below companys average 31. Ebook publishing in the us industry data, trends, stats ibisworld. The global books market size was valued at usd 115.
Affluent and high networth americans in this ebook, market research firm packaged facts examines important generational and racialethnic trends in an economic environment where household growth, mean wealth, and aggregate wealth trends in the united states clearly substantiate a postrecession skew toward affluence. The analysts forecast the ebook market in the us to grow at a cagr of. The timeline presents data on ebook sales revenue generated in the united states from 2008 to 20 as well as a forecast until 2018. United states unemployment rate 19482020 data 2021. It can give us further insight into whether a real gdp growth was actual economic progress, or if it was just a good time in the credit cycle that a president was able to take advantage of. Global book publishing market, segmented by forecast rate.
Ebooks as a proportion of the market hit a high point in 20 of 28%, and overall the us book market has risen at a compound annual growth rate of 2% over five years. Although amazon com inc s annual revenue growth year on year were below companys average 31. The us ebook market in 2014 the nielsen view the bookseller. The ebook market in the uk is growing nicely at the moment, but analysts predict that it is going to grow by leaps and bounds.
Market growth rate change in market sizeoriginal market size current market sizeoriginal market sizeoriginal market size companies can use the above formula to evaluate their market growth rates. Amazon com inc had also the second highest revenue increase in internet. By type, the market is segmented into e ink screen and lcd screen. This trend is supporting the growth of ebook market in these geographies. Ebooks growth is up, both traditional and selfpublished. The market growth rate can be used along with the drivers like demographics, sales of the other products to get the better analysis of a product. Industry statistics international digital publishing forum. Us economy beats estimates, adds 225,000 jobs in january. Ebooks now account for 23% of trade publishing revenues. Ebook sales for the uks five biggest publishers fell in 2015, according to a new report in the bookseller, collectively declining 2. Furthermore, increasing innovation in the market, which is anticipated to enhance the reading experience is expected to boost the demand over the forecast period. Sales of physical books declined 30 per cent, with the growth of digital products only. Ebook readers market share, size 2019 emerging rapidly with.
The report covers the market landscape and its growth prospects over the coming years. Each market s location within the quadrant is calculated by assessing their average growth rate in book publishing revenue between 20 and 2018, then dividing the markets in terms of overall scale. Ibisworld industry market research, reports, and statistics. Ecommerce in germany trends, forecasts and statistics. Global ebook readers market assessment, competition. Ebook sales falling for the first time, finds new report. Oct 01, 2019 this is a comparatively high conversion rate, surpassing that of the united states and the uk. Oct 21, 2019 press release ereader market share 2019 global industry size, growth, trend, demand, top players, opportunities and forecast to 2025 published.
To many readers, calculating a growth rate may sound like an intimidating mathematical process. United states gdp growth rate 19472020 data 20212022. Education market will reach usd 2,040 billion by 2026. It sells advertising on its website, making the company a small but growing rival to. Writers block, on wishing i could draw, through the wall, surrey winter, the adriatic, playthings, reader, in sari, i love this. Driving the market is an important demographic trend. The average order value aov for germany is 8 euros per order online. The rise of audiobooks and the podcast industry deloitte us.
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