The global demand for Online Book Services Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Online book services, also known as e-book services, is a book publishing service made available in the digital platform. It consists of an electronic version of the printed book. It can be viewed on any e-reader devices smartphones, desktop computers, laptops, and tablets. With this service, the e-book can be sent to them online, or the user can download the e-book. Amazon Kindle, CreateSpace, iBooks, Barnes & Noble Nook, Kobo eReader, IngramSpark, Smashwords, Draft2Digital, Lulu, Bookbaby, and Sony Reader are some of the major service providers.
The main reasons people preferring online book services are rising penetration of digital devices, possibly lower prices, and increased comfort as they can buy from home or on the go with mobile devices. All these factors bode well for online book services market growth. The market will continue to see a healthy increase in revenue as more and more people adopt e-reading. Self-publishers are also benefiting as customers switch over from brick-and-mortar bookstores to online. Print-on-demand self publishing is a new trend which is turning out to be generally well known in focus of the fact that it centers solely around the requirements of a author, realizing the accompanying advantages to the author: lower costs, reduces the inventory management and handling costs, no wastage from unsold stock, and neither the author nor the publisher has to take a significant chance by making a major investment in mass printing of books. Nonetheless, it is essential to think about administrative structure for copyrights, which are significant in digital books setting. In this manner, the expected threat of piracy is the significant challenge for the growth of digital book services.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of online book services.
The entire online book services market has been sub-categorized into type and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Science, Technology & Medicine (STM)
This section covers regional segmentation which accentuates on current and future demand for online book services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Online Book Services Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the online book services market include Amazon, Hachette Book Group, Kobo, Apple, HarperCollins Publishers, Barnes & Noble, Scribd, Inc., Smashwords, Inc., Google, Lulu Press, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.