GITNUX MARKETDATA REPORT 2024

Book Publishing Timeline Statistics

The typical book publishing process from manuscript submission to release takes roughly 12-18 months.

In this post, we explore key statistics related to the timeline and dynamics of book publishing, shedding light on acceptance rates, publishing costs, royalties, and trends in the industry. From the acceptance rates of academic proposals to the rise of self-publishing and the time it takes to see a book on major online retail sites, these statistics offer valuable insights into the world of book publishing.

Statistic 1

"Only about 25% of proposals submitted to academic publishers get accepted for publication. [source](https://bookdown.org/amit/bookPubLandscape/bookpublishing-timelines.html)"

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Statistic 2

"The digital publishing segment is projected to reach $18,519m in 2025. [source](https://www.statista.com/outlook/213/100/digital-publishing/worldwide)"

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Statistic 3

"With traditional publishing, most authors only receive an average of 10% royalties off of their sales. [source](https://www.tckpublishing.com/how-long-does-it-take-to-publish-a-book/)"

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Statistic 4

"The United States leads in the publication of new titles per year with over 300,000.[source](https://www.publishersweekly.com/pw/by-topic/international/international-book-news/article/76763-global-publishing-leaders-2017-introduction.html)"

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Statistic 5

"It takes around 6 months for traditional publishers to publish an accepted manuscript.[source](https://www.writerscookbook.com/traditional-vs-self-publishing/)"

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Statistic 6

"Traditional publishing typically takes longer than self-publishing, often as long as 1-3 years. [source](https://kindlepreneur.com/how-long-does-it-take-to-publish-a-book/)"

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Statistic 7

"The time between a cookbook proposal and a finished, published book is typically 2 years. [source](https://www.seriouseats.com/2014/03/behind-the-scenes-how-to-make-a-cookbook.html)"

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Statistic 8

"Usually, the first print run of a traditionally published book is 5,000 copies. [source](https://nailyournovel.wordpress.com/2012/01/22/round-up-links-to-my-guest-posts-on-publishing-trends-continuing-my-anniversary-celebrations/)"

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Statistic 9

"In 2019, over 1.68 million books were self-published in the United States. [source](https://www.statista.com/statistics/710757/number-of-self-published-books-in-the-us/)"

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Statistic 10

"The average cost of producing a self-published book is between $1,000 and $3,000. [source](https://www.friesenpress.com/blog/2018/5/29/how-much-does-it-cost-to-publish-a-book)"

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Statistic 11

"It can take 3-4 weeks for a Print-on-Demand (POD) book to appear on major online retail sites. [source](https://www.millcitypress.net/author-learning-center/how-long-does-it-take-to-publish-a-book#:~:text=It%20typically%20takes%20a%20total,on%20your%20timeline%20and%20availability.)"

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Statistic 12

"It’s estimated that there are around 1 million to 3 million new books published every year in the world. [source](https://www.publishers.org/news/aap-statshot-annual-report-publisher-net-revenue-from-book-sales-declined-slightly-in-2019-to-25-93-billion/)"

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Statistic 13

"It's stated that 71% of authors have or want to self-publish. [source](https://selfpublishingadvice.org/alli-research/indie-authors-publishing-preferences/alli-indie-author-publishing-rights-survey-july-2020/)"

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Statistic 14

"In 2020, despite the pandemic, the UK printed 202 million books. [source](https://www.theguardian.com/books/2021/jan/26/uk-printing-industry-praises-brisk-trade-as-book-sales-soar-in-lockdown)"

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The statistics presented reveal key insights into the book publishing industry, highlighting the competitive nature of academic publishing with only a 25% acceptance rate for proposals. The data also underscore the significant financial aspects, such as the projected growth of the digital publishing segment to $18,519 million by 2025 and the average author royalties of 10% in traditional publishing. The timelines for publishing vary across different methods, with traditional publishing taking up to 1-3 years while self-publishing offering quicker production. Additionally, the number of books published annually both globally and in the United States emphasizes the immense volume of content being created. Ultimately, these statistics provide a comprehensive overview of the challenges and opportunities within the book publishing landscape, informing authors and industry professionals alike of the multifaceted aspects of this dynamic field.

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