eBook Market Size, Share, Trends & Forecast to 2034

eBook Market Outlook for 2024 to 2034

The eBook market is undergoing substantial growth. It is currently valued at US$ 22,448.18 million in 2024 and is projected to reach 36,218.96 million by 2034. The market is primarily driven by technological advancement and changing reading habits. Electronic books offer a similar reading experience to print books, thanks to the widespread use of smartphones and multiple capabilities.

Governments globally advocate for environmental protection, encouraging the adoption of eBooks as a sustainable choice over paper books. Overall, the market is expected to continue growing at a modest CAGR of 4.9% from 2024 to 2034.

Attributes	Details
Market Value for 2024	US$ 22,448.18 million
Projected Market Value for 2034	US$ 36,218.96 million
Value-based CAGR of Market for 2024 to 2034	4.9%

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eBook Market Dynamics

The market, offering services like electronic book lending, encourages the global adoption of eBooks. Upgrades in technologies and increasing adoption of smart devices provide a comparable reading experience to physical books.
The Internet offers easy access to an extensive range of electronic book libraries, making it a low-cost substitute for traditional delivery methods.
Environmental protection campaigns from the government also increase the demand for eBooks. Likewise, publishers are habitually subjected to IP infringement cases by content providers, such as the Internet Archive.

Trend Analysis of the eBook Market

Consumers prefer electronic books over physical books due to their fragility, cost, and the need for care. Services like electronic lending have also increased the electronic books demand.
The accessibility of the internet and digitization is expected to create an innovative environment for readers. Popular publishers like Marvel and DC are adopting digital technologies to convert their comic books into digital materials.
The introduction of the latest hardware, software, and educational content creates an immersive environment for readers, offering a low-cost alternative to traditional distribution methods.
The growing influence of technology and the preference for digitization among millennials and Generation Z may positively influence the market. Digital education and immersive learning systems are expected to drive market growth.

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Category-wise Outlook

The paid eBook segment leads the market due to its accessibility, instantaneous availability, and the ability to carry a library on a single device. Educational institutions play a pivotal role in the market, relying on digital textbooks, research papers, and multimedia integration.

High-Resolution Screens and Cost-effective Convenience Make Paid eBook the Leader

The paid eBook category is projected to hold a 59.4% market share in 2024.

Paid electronic books provide high-resolution screens, adjustable fonts, and bookmarks, making them a convenient choice for readers. This contributes to the growth of the popularity of electronic books and amplifies the growth of the eBook market.
They are cost-effective compared to other sources as well as physical books due to reduced printing and distribution expenses, making them an affordable choice that also contributes to the growth rate.
Electronic books also align with environmental concerns as they contribute to environmental protection and are an eco-friendly choice.

Attributes	Details
Category	Paid eBook
Market Share (2024)	59.4%

Electronic Books Modernize Learning Experiences in Educational Institutes, Driving Digital Innovation

The educational institutes create vertical demand, projected to grasp a 39.6% market share in 2024.

Educational institutions are major players in the market as they require widespread innovation of digital textbooks, research papers, and study materials. They also provide multiple facilities such as multimedia integration, allowing for interactive learning experiences.
Electronic books offer a digital platform for educational content, allowing students to access textbooks, research papers, and study materials. This platform serves interactive features like videos, quizzes, and hyperlinks, enhancing student engagement and increasing market growth.
They also contribute to tree safeguarding by reducing paper usage. Electronic books also offer multilingual capabilities, as they can be easily translated into different languages. The various benefits of this platform are attracting consumer demand for the continued development of electronic books.

Attributes	Details
Vertical	Educational Institutes
Market Share (2024)	39.6%

Country-wise Analysis

The market is expanding across different regions due to factors such as technological infrastructure, educational institutions, and the youth population, driving regional growth in Europe, Asia Pacific, Latin America, the growing middle class, Middle East, and Africa.

North America boasts substantial internet connectivity and widespread smartphone adoption, making electronic books easily accessible.
Europe's diverse linguistic landscape and eco-consciousness make electronic books attractive to readers.
Asia-Pacific's mobile-first population and increasing literacy rate are driving electronic book adoption.
The Middle East and Africa are witnessing a digital revolution, with electronic books playing a role in this transformation.

Countries	CAGR (2024 to 2034)
United State	4.90%
Germany	0.60%
Australia	4.40%
China	7.00%
Japan	1.30%

Educational Drive and Leisure Reading Fuel the United States eBook Market

The market in the United States is projected to rise at a CAGR of 4.90% during the forecast period, driven by:

The robust digital infrastructure in the United States enables easy access to electronic books through multiple platforms, expanding the popularity of electronic books. These platforms are prevalent in educational institutions and libraries, driven by educational determinations.
The growing adoption of electronic books by consumers for leisure reading and various fields of learning is being witnessed by many readers.

Germany's Environmental Consciousness Boosts eBook Adoption

Germany is set to experience peak growth in Europe's market, with a CAGR of 0.60% through 2034, outstripping other countries in the assessment period. Germany's diverse linguistic landscape stimulates electronic books demand, permitting readers to access content in their native languages.

Environmental awareness inspires electronic books as a sustainable choice, and their compatibility with smartphones and tablets aligns with modern mobility patterns.

New Generation Readers in China are Gravitating toward eBooks

The market is projected to progress at a CAGR of 7.00% in China during the forecast period. Some factors influencing this progress are:

China's focus on improving quality of life, which is leading to increased electronic books adoption.
The pandemic has enhanced electronic books’ popularity due to convenience and leisure time. Gen Z are avid digital readers, which is anticipated to further expand market growth.

Readers Propel Japan’s eBook Industry with Manga and Digital Device Preferences

The market is expected to have a CAGR of 1.30% in Japan through 2034. Japan fuels the eBook market with a resilient demand for manga and light novels, a tech-savvy populace that readily adopts digital devices for their convenience, aligning with modern mobility and travel patterns.

Australia's eBook Industry Thrives as Online Stores Offer Diverse Choices

The CAGR of the market in Australia throughout the prediction period is anticipated to be 4.40%. Individuals here are increasingly using digital reading devices like e-readers, tablets, and smartphones to access electronic books. Online bookstores offer a wide selection, making electronic books accessible to all.

They also enjoy the convenience of carrying a library in their pocket, whether at the beach, commuting, or relaxing at home. The value proposition of electronic books lies in their cost-effectiveness, instant availability, and customizable font sizes.

Competitive Landscape

The proliferation of smart devices and applications has also contributed to the market's expansion, making reading more convenient and engaging. These trends indicate a promising future for the eBook industry, driven by the enhancement of their market presence and technology-driven innovations.

Companies are utilizing strategic alliances, partnerships, mergers, acquisitions, geographical expansion, and product/service launches to enhance their market presence.

The industries contribute both qualitative and quantitative methods to study the business environment, market research, growth, and key players. The data is categorized as pure-play, category-focused, industry-focused, and diversified, and categorized as dominant, leading, strong, tentative, and weak.

Recent Development

In July 2023, self-publishing revolutionized the publishing industry by providing global control, faster publishing, and increased earnings, enriching literature and building dedicated fan bases.
In February 2023, Brett Schickler, a salesman in Rochester, New York, discovered the ChatGPT artificial intelligence program, which allowed him to create a 30-page illustrated children's electronic books in just hours. This led to the launch of a new tab self-publishing unit on Amazon.com.

Key Companies

McGraw-Hill, Wiley
Kensington Publishing Corp.
Hachette
Cengage Learning
HarperCollins
Simon & Schuster
Macmillan Publishers
Penguin Random House
Self-published eBooks

Key Coverage in the eBook Market Report

Digital book market trends
Electronic publishing sector's growing popularity in consumer
Market demand for electronic books s as per the consumer requirement
Market segmentation of digital publishing products
Industry growth factors for electronic books as per the market dynamics
Market share of eBook platforms
Developments in the eBook as per the market growth

Key Segmentation

By Category:

Free eBooks
Paid eBooks

By Vertical:

Educational Institutes
Media & Entertainment
Manufacturing

By Region:

North America
Latin America
Asia Pacific
Japan
Western Europe
Eastern Europe
Middle East & Africa

Frequently Asked Questions

How Big is the eBook Market?

The market size is estimated to be US$ 22,448.18 million in 2024.

At What Rate is the eBook Market Expected to Grow?

The market is expected to increase at a CAGR of 4.9% over the forecast period.

What is the Demand Scope for eBooks in China?

The market is expected to register a CAGR of 7.00% in China from 2024 to 2034.

What is the Future Forecast of the eBook Market?

The market is forecasted to reach a size of US$ 36,218.96 million by 2034.

Who are the Key Companies in the Market?

McGraw-Hill, Wiley, Kensington Publishing Corp., Hachette, Cengage Learning, HarperCollins, Simon & Schuster, Macmillan Publishers, Penguin Random House, Self-published eBooks

What is the Top Category of Electronic Books?

Paid electronic books are the top category type in the market in 2024.

Table of Content

1. Executive Summary

1.1. Global Market Outlook

1.2. Demand-side Trends

1.3. Supply-side Trends

1.4. Technology Roadmap Analysis

1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics

3.1.1. Drivers

3.1.2. Restraints

3.1.3. Opportunity

3.1.4. Trends

3.2. Scenario Forecast

3.2.1. Demand in Optimistic Scenario

3.2.2. Demand in Likely Scenario

3.2.3. Demand in Conservative Scenario

3.3. Opportunity Map Analysis

3.4. Investment Feasibility Matrix

3.5. PESTLE and Porter’s Analysis

3.6. Regulatory Landscape

3.6.1. By Key Regions

3.6.2. By Key Countries

3.7. Regional Parent Market Outlook

4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034

4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023

4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034

4.2.1. Y-o-Y Growth Trend Analysis

4.2.2. Absolute $ Opportunity Analysis

5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Category

5.1. Introduction / Key Findings

5.2. Historical Market Size Value (US$ Million) Analysis By Category, 2019 to 2023

5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Category, 2024 to 2034

5.3.1. Free eBooks

5.3.2. Paid eBooks

5.4. Y-o-Y Growth Trend Analysis By Category, 2019 to 2023

5.5. Absolute $ Opportunity Analysis By Category, 2024 to 2034

6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vertical

6.1. Introduction / Key Findings

6.2. Historical Market Size Value (US$ Million) Analysis By Vertical, 2019 to 2023

6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Vertical, 2024 to 2034

6.3.1. Educational Institutes

6.3.2. Media & Entertainment

6.3.3. Manufacturing

6.4. Y-o-Y Growth Trend Analysis By Vertical, 2019 to 2023

6.5. Absolute $ Opportunity Analysis By Vertical, 2024 to 2034

7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region

7.1. Introduction

7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023

7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034

7.3.1. North America

7.3.2. Latin America

7.3.3. Western Europe

7.3.4. Eastern Europe

7.3.5. South Asia and Pacific

7.3.6. East Asia

7.3.7. Middle East and Africa

7.4. Market Attractiveness Analysis By Region

8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

8.2.1. By Country

8.2.1.1. USA

8.2.1.2. Canada

8.2.2. By Category

8.2.3. By Vertical

8.3. Market Attractiveness Analysis

8.3.1. By Country

8.3.2. By Category

8.3.3. By Vertical

8.4. Key Takeaways

9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

9.2.1. By Country

9.2.1.1. Brazil

9.2.1.2. Mexico

9.2.1.3. Rest of Latin America

9.2.2. By Category

9.2.3. By Vertical

9.3. Market Attractiveness Analysis

9.3.1. By Country

9.3.2. By Category

9.3.3. By Vertical

9.4. Key Takeaways

10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

10.2.1. By Country

10.2.1.1. Germany

10.2.1.2. UK

10.2.1.3. France

10.2.1.4. Spain

10.2.1.5. Italy

10.2.1.6. Rest of Western Europe

10.2.2. By Category

10.2.3. By Vertical

10.3. Market Attractiveness Analysis

10.3.1. By Country

10.3.2. By Category

10.3.3. By Vertical

10.4. Key Takeaways

11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

11.2.1. By Country

11.2.1.1. Poland

11.2.1.2. Russia

11.2.1.3. Czech Republic

11.2.1.4. Romania

11.2.1.5. Rest of Eastern Europe

11.2.2. By Category

11.2.3. By Vertical

11.3. Market Attractiveness Analysis

11.3.1. By Country

11.3.2. By Category

11.3.3. By Vertical

11.4. Key Takeaways

12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

12.2.1. By Country

12.2.1.1. India

12.2.1.2. Bangladesh

12.2.1.3. Australia

12.2.1.4. New Zealand

12.2.1.5. Rest of South Asia and Pacific

12.2.2. By Category

12.2.3. By Vertical

12.3. Market Attractiveness Analysis

12.3.1. By Country

12.3.2. By Category

12.3.3. By Vertical

12.4. Key Takeaways

13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

13.2.1. By Country

13.2.1.1. China

13.2.1.2. Japan

13.2.1.3. South Korea

13.2.2. By Category

13.2.3. By Vertical

13.3. Market Attractiveness Analysis

13.3.1. By Country

13.3.2. By Category

13.3.3. By Vertical

13.4. Key Takeaways

14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country

14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023

14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034

14.2.1. By Country

14.2.1.1. GCC Countries

14.2.1.2. South Africa

14.2.1.3. Israel

14.2.1.4. Rest of MEA

14.2.2. By Category

14.2.3. By Vertical

14.3. Market Attractiveness Analysis

14.3.1. By Country

14.3.2. By Category

14.3.3. By Vertical

14.4. Key Takeaways

15. Key Countries Market Analysis

15.1. USA

15.1.1. Pricing Analysis

15.1.2. Market Share Analysis, 2023

15.1.2.1. By Category

15.1.2.2. By Vertical

15.2. Canada

15.2.1. Pricing Analysis

15.2.2. Market Share Analysis, 2023

15.2.2.1. By Category

15.2.2.2. By Vertical

15.3. Brazil

15.3.1. Pricing Analysis

15.3.2. Market Share Analysis, 2023

15.3.2.1. By Category

15.3.2.2. By Vertical

15.4. Mexico

15.4.1. Pricing Analysis

15.4.2. Market Share Analysis, 2023

15.4.2.1. By Category

15.4.2.2. By Vertical

15.5. Germany

15.5.1. Pricing Analysis

15.5.2. Market Share Analysis, 2023

15.5.2.1. By Category

15.5.2.2. By Vertical

15.6. UK

15.6.1. Pricing Analysis

15.6.2. Market Share Analysis, 2023

15.6.2.1. By Category

15.6.2.2. By Vertical

15.7. France

15.7.1. Pricing Analysis

15.7.2. Market Share Analysis, 2023

15.7.2.1. By Category

15.7.2.2. By Vertical

15.8. Spain

15.8.1. Pricing Analysis

15.8.2. Market Share Analysis, 2023

15.8.2.1. By Category

15.8.2.2. By Vertical

15.9. Italy

15.9.1. Pricing Analysis

15.9.2. Market Share Analysis, 2023

15.9.2.1. By Category

15.9.2.2. By Vertical

15.10. Poland

15.10.1. Pricing Analysis

15.10.2. Market Share Analysis, 2023

15.10.2.1. By Category

15.10.2.2. By Vertical

15.11. Russia

15.11.1. Pricing Analysis

15.11.2. Market Share Analysis, 2023

15.11.2.1. By Category

15.11.2.2. By Vertical

15.12. Czech Republic

15.12.1. Pricing Analysis

15.12.2. Market Share Analysis, 2023

15.12.2.1. By Category

15.12.2.2. By Vertical

15.13. Romania

15.13.1. Pricing Analysis

15.13.2. Market Share Analysis, 2023

15.13.2.1. By Category

15.13.2.2. By Vertical

15.14. India

15.14.1. Pricing Analysis

15.14.2. Market Share Analysis, 2023

15.14.2.1. By Category

15.14.2.2. By Vertical

15.15. Bangladesh

15.15.1. Pricing Analysis

15.15.2. Market Share Analysis, 2023

15.15.2.1. By Category

15.15.2.2. By Vertical

15.16. Australia

15.16.1. Pricing Analysis

15.16.2. Market Share Analysis, 2023

15.16.2.1. By Category

15.16.2.2. By Vertical

15.17. New Zealand

15.17.1. Pricing Analysis

15.17.2. Market Share Analysis, 2023

15.17.2.1. By Category

15.17.2.2. By Vertical

15.18. China

15.18.1. Pricing Analysis

15.18.2. Market Share Analysis, 2023

15.18.2.1. By Category

15.18.2.2. By Vertical

15.19. Japan

15.19.1. Pricing Analysis

15.19.2. Market Share Analysis, 2023

15.19.2.1. By Category

15.19.2.2. By Vertical

15.20. South Korea

15.20.1. Pricing Analysis

15.20.2. Market Share Analysis, 2023

15.20.2.1. By Category

15.20.2.2. By Vertical

15.21. GCC Countries

15.21.1. Pricing Analysis

15.21.2. Market Share Analysis, 2023

15.21.2.1. By Category

15.21.2.2. By Vertical

15.22. South Africa

15.22.1. Pricing Analysis

15.22.2. Market Share Analysis, 2023

15.22.2.1. By Category

15.22.2.2. By Vertical

15.23. Israel

15.23.1. Pricing Analysis

15.23.2. Market Share Analysis, 2023

15.23.2.1. By Category

15.23.2.2. By Vertical

16. Market Structure Analysis

16.1. Competition Dashboard

16.2. Competition Benchmarking

16.3. Market Share Analysis of Top Players

16.3.1. By Regional

16.3.2. By Category

16.3.3. By Vertical

17. Competition Analysis

17.1. Competition Deep Dive

17.1.1. McGraw-Hill

17.1.1.1. Overview

17.1.1.2. Product Portfolio

17.1.1.3. Profitability by Market Segments

17.1.1.4. Sales Footprint

17.1.1.5. Strategy Overview

17.1.1.5.1. Marketing Strategy

17.1.2. Wiley

17.1.2.1. Overview

17.1.2.2. Product Portfolio

17.1.2.3. Profitability by Market Segments

17.1.2.4. Sales Footprint

17.1.2.5. Strategy Overview

17.1.2.5.1. Marketing Strategy

17.1.3. Kensington Publishing Corp.

17.1.3.1. Overview

17.1.3.2. Product Portfolio

17.1.3.3. Profitability by Market Segments

17.1.3.4. Sales Footprint

17.1.3.5. Strategy Overview

17.1.3.5.1. Marketing Strategy

17.1.4. Hachette

17.1.4.1. Overview

17.1.4.2. Product Portfolio

17.1.4.3. Profitability by Market Segments

17.1.4.4. Sales Footprint

17.1.4.5. Strategy Overview

17.1.4.5.1. Marketing Strategy

17.1.5. Cengage Learning

17.1.5.1. Overview

17.1.5.2. Product Portfolio

17.1.5.3. Profitability by Market Segments

17.1.5.4. Sales Footprint

17.1.5.5. Strategy Overview

17.1.5.5.1. Marketing Strategy

17.1.6. HarperCollins

17.1.6.1. Overview

17.1.6.2. Product Portfolio

17.1.6.3. Profitability by Market Segments

17.1.6.4. Sales Footprint

17.1.6.5. Strategy Overview

17.1.6.5.1. Marketing Strategy

17.1.7. Simon & Schuster

17.1.7.1. Overview

17.1.7.2. Product Portfolio

17.1.7.3. Profitability by Market Segments

17.1.7.4. Sales Footprint

17.1.7.5. Strategy Overview

17.1.7.5.1. Marketing Strategy

17.1.8. Macmillan Publishers

17.1.8.1. Overview

17.1.8.2. Product Portfolio

17.1.8.3. Profitability by Market Segments

17.1.8.4. Sales Footprint

17.1.8.5. Strategy Overview

17.1.8.5.1. Marketing Strategy

17.1.9. Penguin Random House

17.1.9.1. Overview

17.1.9.2. Product Portfolio

17.1.9.3. Profitability by Market Segments

17.1.9.4. Sales Footprint

17.1.9.5. Strategy Overview

17.1.9.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

eBook Market

eBook Market Analysis by Free eBooks and Paid eBooks through 2034