The global E-Publishing Software Market is forecast to reach USD 48.90 Billion by 2027, according to a new report by Reports and Data. The global E-Publishing Software Market is growing predominantly as both the readers and authors of books, newspapers, and magazines have long been appreciating the electronic media of content consumption and deliberately started using these owing to the global lockdown caused by COVID-19 pandemic. The online presence of the press newspaper companies helped them retain their valuable readers. Besides, book authors publishers who faced prominent constraints in publishing the physical books, can gain the customers using the e-books platforms. Advancements in the e-reading devices, print on demand (POD), and e-ink efficiencies are some of the subordinate factors playing a significant role in driving the market forces. Besides, a growing digital learning platform is the key propelling ingredient for the inclination towards the e-book services as a significant amount of the customers who stepped into the e-learning platform are now adopting the e-books services replacing the conventional physical books.
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Further key findings from the report suggest
- On 23rd April 2020, Highsense Infotech., a Chinese multinational consumer electronics manufacturer, is all set to launch the world’s first color e-ink device. E-ink device is certainly the most convenient device for the e-book or e-magazine reading. E-ink for its obvious characteristics such as less eye-straining and extra-long battery compared to any other mobile devices, is being extensively researched and innovated to deliberately replace the conventional books and e-book reading on the tablets or mobile phones.
- The core purpose of the tablet devices is that it offers a bigger screen and portability at the same time. Most tablet users opted for this type of mobile device is to consume media at a larger screen compared to mobile phones. Now that tablets are becoming budget-friendly and availability of the more eye-friendly display technologies like OrganicLED (OLED) and IPS (In-Panel Switching) LCD in tablets have significantly increased the e-book and e-magazine users.
- The fictional genre of e-books e-magazines have been trendy and growing with a CAGR of 8.4% during the forecast period, as many new age authors have started emphasizing on the science fiction. Science fiction lets us imagine fighting off and spend all the impossibilities that confront, and no wonder in the modern era of technological advancements all those high-tech fictions have been a major interest of both the teenagers and adults.
Competitive Landscape:
Competitive landscape of global E-Publishing Software market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.
some leading companies operating in the global E-Publishing Software market:
Amazon, Google LLC, Apple, Inc., Pearson Education, Lulu Publishing, Barnes Noble Booksellers, Inc., Rakuten Kobo Inc., The Wall Street Journal, The New York Times Company, and Scribd, Inc., among others.
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The global market is further segmented into type and application:
Genre Outlook (Revenue: USD Billion; 2017-2027)
- Educational
- Fictional
- Sports
- Business
- Comedy
- Historical
- Romance
- Suspense Thriller
- Memoir
- Personal Grooming Motivational
- Miscellaneous
Business Model Outlook (Revenue: USD Billion; 2017-2027)
- Periodic Subscription
- Pay Per Read
- Pay Per Copy
- Others
Type Outlook (Revenue: USD Billion; 2017-2027)
- E-Books
- E-Papers
- E-Magazines
End-Use Verticals Outlook (Revenue: USD Billion; 2017-2027)
- Common Individuals
- Education Research
- Business Research
- Press Reference
- Others
Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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