Global Online Book Services Market Outlook, Opportunities And Strategies – Includes Online Book Services Market Analysis
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The global online book services market is expected to grow from $19.00 billion in 2021 to $20.05 billion in 2022 at a compound annual growth rate (CAGR) of 5.51%. The global online book services market size is expected to grow to $24.85 billion in 2026 at a compound annual growth rate (CAGR) of 5.52%.
The changing consumer preference toward online book reading is driving the growth of the online book services market.
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The online book services market consists of sales of online book services by entities (organizations, sole traders, and partnerships) that is used to allow users to read on an electronic device like a computer or handheld device. The books available online or on the internet are also called electronic or e-books and are easily readable. The online book services contain a digital file with a body of texts and images and display them on a screen such as a smartphone or a laptop like a printed book. The online book services are available based on subscriptions to applications like Amazon’s Kindle, Good Reads, Bookbub, and Scribd.
Global Online Book Services Market Segments Include:
By Products: Education, Trade, Science, Technology, Medicine
By End User: Teenagers, Adults
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global online book services market in 2021.
The strategic partnership is a key trend in the online book services market. Companies are partnering with e-book sellers, and distributors to expand their services into new markets by leveraging each other’s resources and expertise. These partnerships are also done to introduce e-books into new areas such as public libraries to create product availability in most places and increase revenues.
TBRC’s Online Book Services Market Report Covers:
Major Market Players: Amazon.com, Apple, Barnes & Noble, Kobo Inc, Google, Smashwords, Hachette Book Group, Lulu Press, Scribd Inc, News Corporation (HarperCollins Publishers LLC) and Blurb Inc (Reischling Press Inc).
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Online Book Services Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides online book services market overviews, analyzes and forecasts market size, share, online book services market players, online book services market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s online book services market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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