It is estimated for the global e-reader market to witness growth at a CAGR of 5.7% during the forecast period of 2022 to 2030. The market witnessed heavy growth even during the previous forecast period of 2018 to 2021. The increasing use of technology along with the growth in e-book readers drive the growth of the market during the forecast period.
An e-book reader is a portable electronic instrument helpful in reading books and periodicals in a digital format. It is also known as an electronic book reader. The e-book reader is generally created to function for extended hours by integrating minimal power.
The need for e-book readers is estimated to be supported by a rising integration of online content into the educational curriculum, rising integration of e-books, increasing e-learning market and rising availability of free e-books on the internet.
But, in terms of revenue rise, the market for global e-book readers is estimated to view decreased revenue growth during the forecast time due to a rise in the integration of smartphones and tablets. This factor may hinder growth to some extent during the forecast period.
Key Market Trends:
The increasing use of technology along with the growth in e-book readers drive the growth of the market during the forecast period.
The need for e-book readers is estimated to be supported by a rising integration of online content into the educational curriculum, rising integration of e-books, increasing e-learning market and rising availability of free e-books on the internet.
But, in terms of revenue rise, the market for global e-book readers is estimated to view decreased revenue growth during the forecast time due to a rise in the integration of smartphones and tablets. This factor may hinder the growth to some extent during the forecast period.
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Segmental Analysis of the Market:
By Distribution Channel
- Organized Retail Store
- Unorganized Retail Store
- e-Commerce
It is estimated for the organized retail store to boost the growth of the market during the forecast period.
By Price Range
- Below US$ 100
- US$ 101 - US$ 200
- Above US$ 200
It is estimated for the above US$ 200 to drive the growth of the market during the forecast period.
Asia Pacific region to witness growth at a the fastest pace
The rising population and the growth of the use in the technology in the countries of China and India is estimated to boost the market for the region of Asia Pacific. It is estimated for the region of Europe to rise at a stable rate during the forecast period. The increase in the technology to drive the growth of the market during the forecast period.
Competitive Landscape:
Some of the prominent companies operating in the market are
- Amazon
- Apple
- McGraw Hill
- Sybex
- Beacon Press
- Adobe Press
- John Wiley Sons
- Penguin Group Blackwell Science
- Random House Springer
- Bertelsmann
- Sony
- IReader Technology
Major Questions Answered In This Report:
- What is the growth rate of the global e-reader market?
- What are the primary growth determinants of the market?
- Which are the major regions constituting the geographical landscape of the market?
- Which are the prominent companies operating in the market?
Major Questions Answered In This Report:
- It is estimated for the global e-reader market to witness growth at a CAGR of 5.7% during the forecast period of 2022 to 2030. The market witnessed a heavy growth even during the previous forecast period of 2018 to 2021.
- The need for e-book reader is estimated to be supported by an rising integration of online content into the educational curriculum, rising integration of e-books, increasing e-learning market and rising availability of free e-books on the internet.
- The increasing use of technology along with the growth in the e-book readers to drive the growth of the market during the forecast period.
- The rising population and the growth of the use in the technology in the countries of China and India is estimated to boost the market for the region of Asia Pacific.
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