The book publishers’ market is currently experiencing significant transformations with the advent of new technologies. These are providing a multitude of new platforms to disseminate the content in innovative ways, as the major trends witnessed in the global book publishers market.
The book publishers market consists of revenues generated by entities (organizations, sole traders or partnerships) that carry out design, editing, and marketing activities necessary for producing and distributing books. These establishments may publish books in print, electronic, or audio form. Their products include atlases, religious books, school or university textbooks, encyclopedias, technical manuals, maps and travel guides, in all cases excepting exclusive internet publishing).
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The book publishers market is expected to reach a value of nearly $138 billion by 2022, significantly growing at a growth rate of around 5% during the forecast period. The growth in the book publishers market is due to increased global economic activity, growth in world population and growth in number of writers.
However, the market for book publishers is expected to face certain restraints from several factors such as antitrust concerns, rising e-new, and piracy.
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Furthermore, the global book publishers market is segmented based on type and geography.
By Type – The book publishers market is segmented into consumer books, educational books, religious books, others – book publishers.
By Geography – The global book publishers is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America book publishers market accounts the largest share in the global book publishers market.
The media market, of which the book publishers market is a segment includes sales of television and radio programs, motion pictures, digital content, and commercials along with video and audio recordings, games and publications by entities (organizations, sole traders and partnerships) that produce and distribute television and radio programs, motion pictures, and commercials along with video and audio recordings, games and publications. Examples of revenues are license fees, subscription and payments for advertising.
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The book publishers market report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast growth by geography. It places the market within the context of the wider media market and compares it with other markets.