Popularity of E-books to Boost the Global Publishing Market Through 2022 | Technavio

  647

LONDON--(BUSINESS WIRE)--May 17, 2018-- projects the to exceed a revenue of USD 356 billion by 2022. The growing impact of e-books is a key driver, which is expected to positively impact market growth during the period 2018-2022.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180517006279/en/

Technavio has published a new market research report on the global publishing market from 2018-2022. (Graphic: Business Wire)

The use of advanced technologies is restructuring the publishing landscape and reading behavior of readers. The restructuring is providing the publishers the flexibility to publish content at the earliest in lesser turn-around time, thereby helping them save a lot of time and money. The emergence of e-books and the online subscription business model has transformed the approach toward content among publishers. It has also become convenient for readers to access multiple books at a time, for instance, through subscriptions. With the launch of smart devices, content can be easily accessed over the digital platform in the form of e-books. Another factor that contributes to the increasing adoption of e-books is the availability of these products on e-commerce sites.

This report is available at a USD 1,000 discount for a limited time only:

Save more with Technavio. Buy2 reports and get the third for FREE:

In this report, Technavio highlights the rise in number of indie and self-published authors as one of the key emerging trends in drive the global publishing market:

Rise in number of indie and self-published authors

Earlier, authors were dependent on publishers for publishing their content, because only they had the knowledge of professional publishing, and had control over printing and retail distribution. Indie authors refer to writers who have complete control over content and its publishing. Compared with traditional publishing, self-publishing saves time and cost for the author and is also more profitable. In addition, by self-publishing, indie authors eliminate the risk of losing their rights and control of their books to traditional publishers. In the traditional book publishing market, authors earned only 15%-20% of their book's cost. However, in self-publishing, the role of the publishing house is completely overruled. The authors earn nearly 60%-80% of their book's listed price as their royalty.

According to a senior analyst at Technavio for research, “The number of indie and self-published authors is on the rise, which will increase the number of self-published titles, thereby driving the market during the forecast period.”

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Market segmentation and analysis through 2022

This market research report segments the based on end-user (commercial and industrial, and consumer), by technology (thermal inkjet heads and piezo inkjet heads) and key regions (the Americas, APAC, and EMEA).

The commercial and industrial end-user sector held close to 67% share of the market in 2017. With 3D printing technology gaining traction in the manufacturing industry, the demand for printers will be high from this sector.

In 2017, the global publishing market was led by the Americas which accounted for more than 40% share of the market. The region's dominance is attributed to the presence of several vendors, which have primary business operations in North America. Also, a strong broadband infrastructure and an increasing population of readers are major factors influencing the revenue growth in the region. Although APAC held the smallest share of the market in 2017, it is expected to witness the maximum growth over the forecast period.

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at .

View source version on businesswire.com:https://www.businesswire.com/news/home/20180517006279/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: COMMUNICATIONS PUBLISHING

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 05/17/2018 03:06 PM/DISC: 05/17/2018 03:06 PM

http://www.businesswire.com/news/home/20180517006279/en
https://www.taiwannews.com.tw/en/news/3433791
www.taiwannews.com.tw
crawl=CC-MAIN-2019-04
45925
application/http; msgtype=response
sha1:4MGPZ6I5KM5LS542TAWY4L55C35OCSTY
<urn:uuid:df192699-6bc9-46b9-b252-9ed6f81876f3>
2019-01-19T04:17:22Z
202.39.176.53
text/html
sha1:LJTKJLUIOUE62RZOKNF5IBYRUH44NLOT
<urn:uuid:806cd378-caa2-4098-aab1-3792442bd55b>
https://www.taiwannews.com.tw/en/news/3433791
response
<urn:uuid:17606567-7760-48c7-a7f4-ac38bce58f76>
isPartOf: CC-MAIN-2019-04
publisher: Common Crawl
description: Wide crawl of the web for January 2019
operator: Common Crawl Admin (info@commoncrawl.org)
hostname: ip-10-153-175-168.ec2.internal
software: Apache Nutch 1.15 (modified, https://github.com/commoncrawl/nutch/)
robots: checked via crawler-commons 0.11-SNAPSHOT (https://github.com/crawler-commons/crawler-commons)
format: WARC File Format 1.1
conformsTo: http://iipc.github.io/warc-specifications/specifications/warc-format/warc-1.1/