E-Book Reader Market Size, Industry Share | Forecast, 2032

Written by Nitin Sharma  »  Updated on: November 19th, 2024

IMARC Group, a leading market research company, has recently released a report titled “E-Book Reader Market Report by Screen Type (E-Ink Screen, LCD Screen), Screen Size (Below 6 Inch, 6-8 Inch, 8-10 Inch, above 10 Inch), Connectivity Type (Wi-Fi, 3G/4G and Wi-Fi, 3G/4G), Pricing (Low Price, Medium Price, High Price), End-User (Students, Professionals, and Others), Distribution (Store Based, Non-store Based), and Region 2024-2032”. The study provides a detailed analysis of the industry, including the global e book reader market trends, share, size, and industry trends forecast. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

The global e-book reader market size reached US$ 315.1 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 124.4 Million by 2032.

Global E-Book Reader Market Trends:

The increasing literacy rates and educational initiatives worldwide, which promote digital learning tools, are strengthening the market growth. Concurrently, partnerships between e-book reader manufacturers and educational institutions are expanding the use of e-readers as essential devices for students, thereby contributing to the market demand. Besides this, the integration of multimedia features, such as audio playback and interactive elements, enhances the reading experience, impelling the market reach.

Furthermore, growing support for accessibility features, like text-to-speech and adjustable text settings, makes e-book readers more appealing to users with diverse needs providing an impetus to the market growth.

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Factors Affecting the Growth of the E-Book Reader Industry:

• Advancements in digital technology:

Continuous improvements in e-ink and e-paper technology have significantly enhanced the reading experience of e-book readers. Modern e-book readers now offer high-resolution displays that closely mimic the appearance of printed paper, reducing eye strain and providing a more comfortable reading experience. Features such as adjustable font sizes, built-in dictionaries, and customizable backlighting further enhance usability and appeal to a broad range of readers.

Additionally, the integration of touchscreen technology and Wi-Fi connectivity allows for seamless navigation and easy access to online bookstores, enabling users to download and read books instantly. These technological advancements have made e-book readers more user-friendly and versatile, attracting a larger audience and thus aiding the market growth.

• Rising preference for digital reading over traditional books:

Consumers are increasingly valuing the convenience and portability of e-book readers. Unlike physical books, e-book readers can store thousands of books in a single device, making it easier for readers to carry their entire library wherever they go. This convenience is particularly appealing to frequent travelers and commuters who appreciate the ability to read multiple titles without the bulk of carrying physical books.

Additionally, e-book readers offer features that enhance the reading experience, such as the ability to highlight text, take notes, and search for specific content within a book. The environmental benefits of digital reading, such as reducing paper consumption and the carbon footprint associated with printing and shipping physical books, also resonate with environmentally conscious consumers, bolstering the market demand.

• Increasing content availability and accessibility:

The proliferation of digital publishing has led to a vast and ever-growing collection of e-books spanning various genres, languages, and formats. Major online retailers and digital libraries offer extensive e-book catalogs, making it easy for readers to find and purchase their desired titles.

Moreover, many e-book readers are compatible with multiple e-book formats and support various digital rights management (DRM) systems, allowing users to access content from different sources. Subscription services and lending platforms, such as Kindle Unlimited and public library e-book lending, provide readers with affordable and convenient access to a wide range of books. Furthermore, the increasing availability of free e-books and promotional offers encourages more readers to adopt e-book readers, thereby creating a positive outlook for market growth.

E-Book Reader Market Report Segmentation:

By Screen Type:

• E-Ink Screen

• LCD Screen

E-ink screens account for the majority of shares because they provide a paper-like reading experience with low eye strain and excellent battery life.

By Screen Size:

• Below 6 Inch

• 6-8 Inch

• 8-10 Inch

• Above 10 Inch

6-8-inch screens dominate the market as they balance portability and readability, making them ideal for on-the-go use.

By Connectivity Type:

• Wi-Fi

• 3G/4G and Wi-Fi

• 3G/4G

3G/4G and Wi-Fi connectivity represent the largest market because they enable users to download and access books instantly from anywhere.

By Pricing:

• Low Price

• Medium Price

• High Price

Medium price holds the majority of shares due to its balance of affordability and advanced features, appealing to a broad consumer base.

By End User:

• Students

• Professionals

• Others

Professionals account for the majority of shares as they frequently use e-book readers for work-related reading, research, and continuing education.

By Distribution:

Store Based

• Supermarkets and Hypermarkets

• Specialty Stores

• Others

Non-store Based

Non-store based dominates the market because online platforms offer a wide variety of e-book readers with convenient purchasing options and home delivery.

Regional Insights:

• North America

• Asia Pacific

• Europe

• Latin America

• Middle East and Africa

North America enjoys the leading position due to high consumer awareness, advanced technological adoption, and the strong presence of key market players.

Competitive Landscape with Key Players:

The competitive landscape of the e-book reader market size has been studied in the report with the detailed profiles of the key players operating in the market.

Some of These Key Players Include:

• Aluratekn Inc.

• Amazon.com: Inc.

• Apple Inc.

• Barnes & Noble

• Inc. Blurb

• SAS BOOKEEN

• Ectaco Inc

• PocketBook International SA

• Rakuten Kobo Inc.

• Sony Corporation

Ask Analyst for Customized Report:

https://www.imarcgroup.com/request?type=report&id=2162&flag=C

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Market Trends

• Market Drivers and Success Factors

• Impact of COVID-19

• Value Chain Analysis

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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