The Online Book Services Market size is projected to reach US$ 30.52 Bn at the end of the forecast period at a CAGR of 5.6%. The global Online Book Services market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Online Book Services report also provides trends by market segments, technology, and investment with a competitive landscape.Definition of Online Book Services:
An electronic book, or an e-book, is a digital version of a book that includes both text and photographs. Electronic devices such as computers, tablets, and smartphones can easily read these books. The growing adoption of these smart devices is thought to be one of the major factors driving global e-book demand.To know about the Research Methodology :- Request Free Sample Report
Online Book Services Market Dynamics:
Students who are tired of dragging around a backpack full of books and retirees who want to downsize their homes and live a minimalist life are all turning to online books, which have the most convenient reading experience. Various magazines, newspapers, television, radio, podcasts, and their associated websites will greatly improve their exposure and assist them in reaching their target audiences. Digitally savvy readers are more likely to pass on recommendations to others through blogs, social media, and other online platforms. This is often expected to result in a favorable business outlook over the forecast period. Despite the upbeat outlook, rising online piracy concerns are expected to stifle market growth in the coming years to some degree. While e-book subscription services have been around for a while, they are currently gaining a lot of traction. Subscription services are well-known for providing customers with unlimited access to large, deep catalogs of content for a set monthly fee. Few players in the industry have succeeded in generating revenue from these models; for example, Amazon had over 2.5 million paying subscribers as of 2022, and Scribd, Inc. had 1 million paying subscribers. Customers who can read in both English and their native tongue have a significant advantage in the industry. As a result, depending on the geography, there is a favorable effect on bulk e-book purchases. The global pandemic of COVID-19 has forced the closure of several bookstores around the world, resulting in a surge in eBook adoption.Online Book Services Market Segmentation:
Based on the product, the online book services market is segmented into trade, education, science, and technology & medicine. With a market share of 70.01 % in 2022, the trade product segment dominated the market and is expected to expand significantly over the forecast period. This section covers a wide range of genres, from fiction, nonfiction, literature, and young children's books, to name a few. Increasing user interest in reading these books digitally is expected to drive segment growth in the coming years. Romance, mystery, horror, science fiction, and fantasy are among the most common genres among consumers, and their widespread availability on the internet is expected to drive segment growth in the coming years.Online Book Services Market Regional Insights:
In 2022, North America dominated the global economy, accounting for 36.8 % of the total. The rise of mobile, tablet and e-reader users has increased online book sales and free eBook downloads. In the coming years, the market is expected to be driven by high internet penetration and a change in preference among tech-savvy users from conventional books to online books. Millennials (ages 18 to 29) are the most prolific e-book readers in the U.S., accounting for 34 % of all digital book readers. Over the forecast era, Asia Pacific is expected to develop at the fastest rate of 7.3 %. One of the main factors driving the market growth is a shift in customer preference from print to digital books, as well as a significant rise in the penetration of smartphones and mobile platforms. In China, the market for online books is exploding, and young people are driving it.The objective of the report is to present a comprehensive analysis of the Global Online Book Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Online Book Services Market dynamics, structure by analyzing the market segments and project the global Online Book Services market size. Clear representation of competitive analysis of key players By Product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Online Book Services Market make the report investor’s guide.Global Online Book Services Market Scope: Inquire before buying
Global Online Book Services Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 20.84 Bn. Forecast Period 2023 to 2029 CAGR: 5.6% Market Size in 2029: US $ 30.52 Bn. Segments Covered: by Product Trade Education Science, Technology & Medicine Online Book Services Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are:
1. Google 2. Kobo 3. Amazon.com, Inc. 4. Apple, Inc. 5. News Corporation 6. Scribd, Inc. 7. Lulu Press, Inc. 8. Hachette Book Group 9. Smashwords, Inc. 10. Rakuten Kobo, Inc. 11. Barnes & Noble, Inc. 12. Blurb, Inc. 13. Other Key Players Frequently Asked questions 1. What is the market size of the Global Online Book Services Market in 2022? Ans. The market size Global market in 2022 was US$ 20.84 Billion. 2. What are the different segments of the Global Online Book Services Market? Ans. The Global market is divided into Product. 3. What is the study period of this market? Ans. The Global market will be studied from 2022 to 2029. 4. Which region is expected to hold the highest Global Online Book Services Market share? Ans. The Asia Pacific dominates the market share in the market. 5. What is the Forecast Period of Global Online Book Services Market? Ans. The Forecast Period of the market is 2023-2029 in the market.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Online Book Services Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Online Book Services Market 3.4. Geographical Snapshot of the Online Book Services Market, By Manufacturer share 4. Global Online Book Services Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Online Book Services Market 5. Supply Side and Demand Side Indicators 6. Global Online Book Services Market Analysis and Forecast, 2022-2029 6.1. Global Online Book Services Market Size & Y-o-Y Growth Analysis. 7. Global Online Book Services Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 7.1.1. Trade 7.1.2. Education 7.1.3. Science, Technology & Medicine 8. Global Online Book Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Online Book Services Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 9.1.1. Trade 9.1.2. Education 9.1.3. Science, Technology & Medicine 10. North America Online Book Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Online Book Services Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 12. Canada Online Book Services Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 13. Mexico Online Book Services Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 14. Europe Online Book Services Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 15. Europe Online Book Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Online Book Services Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 17. France Online Book Services Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 18. Germany Online Book Services Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 19. Italy Online Book Services Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 20. Spain Online Book Services Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 21. Sweden Online Book Services Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 22. CIS Countries Online Book Services Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 23. Rest of Europe Online Book Services Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 24. Asia Pacific Online Book Services Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 25. Asia Pacific Online Book Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Online Book Services Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 27. India Online Book Services Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 28. Japan Online Book Services Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 29. South Korea Online Book Services Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 30. Australia Online Book Services Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 31. ASEAN Online Book Services Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32. Rest of Asia Pacific Online Book Services Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Online Book Services Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 34. Middle East Africa Online Book Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Online Book Services Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 36. GCC Countries Online Book Services Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 37. Egypt Online Book Services Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 38. Nigeria Online Book Services Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 39. Rest of ME&A Online Book Services Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 40. South America Online Book Services Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 41. South America Online Book Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Online Book Services Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 43. Argentina Online Book Services Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 44. Rest of South America Online Book Services Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Product, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Online Book Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Google 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Kobo 45.3.3. Amazon.com, Inc. 45.3.4. Apple, Inc. 45.3.5. News Corporation 45.3.6. Scribd, Inc. 45.3.7. Lulu Press, Inc. 45.3.8. Hachette Book Group 45.3.9. Smashwords, Inc. 45.3.10. Rakuten Kobo, Inc. 45.3.11. Barnes & Noble, Inc. 45.3.12. Blurb, Inc. 45.3.13. Other Key Players 46. Primary Key Insights: