Ebook Reader Industry Statistics

In this post, we explore the dynamic landscape of the eBook reader industry, delving into key statistics that highlight the market’s growth, consumer behaviors, and notable trends. From the significant market value projections to shifting preferences in reading habits, these statistics provide a comprehensive overview of the evolving eBook market.

Statistic 1

"The global eBook market was valued at around USD 12.75 billion in 2018."

Statistic 2

"The global eBook market is expected to reach approximately USD 29.43 billion by 2024, growing at a CAGR of around 13.2% between 2018 and 2024."

Statistic 3

"In the US, 20% of book readers in the U.S stated they read more e-books than hard copy books, and 23% read about the same number."

Statistic 4

"The sale of e-books was 18.7% of the book market by value in 2017."

Statistic 5

"Amazon is the largest seller of eBooks, holding a 67% market share in the U.S."

Statistic 6

"In 2020, 55% of American adults reported owning a dedicated Reading device: an eBook Reader or Tablet."

Statistic 7

"Since the release of the Kindle, eBook sales exploded to $967 million in 2010."

Statistic 8

"By 2018, estimated U.S. eBook sales declined to $771 million."

Statistic 9

"It's estimated that 335.7 million eBooks were sold in the United States alone in 2019."

Statistic 10

"In 2018, 37% of Americans aged 18-29 had read an e-book in the last 12 months, compared to 17% of those aged over 65."

Statistic 11

"Global e-reader shipments amounted to around 15 million units."

Statistic 12

"Projections suggest the market would drop to nearly 12.08 million units by 2021."

Statistic 13

"Female readers are more likely to read eBooks than their male counterparts, at 49% and 41.9% respectively."

Statistic 14

"26% of American adults admit to not having read even part of a book within the past year."

Statistic 15

"As of 2018, 93% of libraries in the US offered eBooks to their patrons."

Statistic 16

"The percentage of adults in the US who have read an e-book, by education level, ranges from 24% for high school graduates or less, up to 48% for college graduates."

Statistic 17

"Fiction remains the most popular category for e-book sales, accounting for 49% of sales in 2019."

Statistic 18

"In 2017, 67% of eBook buyers cited price as the main reason for choosing digital over print."

Statistic 19

"In Japan, e-books accounted for almost 21% of total publishing industry revenue as of 2019."

The statistics presented highlight a significant growth in the global eBook market, with projections indicating a continued rise in revenue and readership. While the industry has seen fluctuations in sales over the years, particularly in the US market, the overall trend points towards a shift towards digital reading formats. Amazon’s dominance as the leading seller of eBooks underscores the importance of digital platforms in shaping consumer behavior. Demographic trends show variations in eBook readership based on factors such as age, gender, and education level. The popularity of fiction eBooks, coupled with factors like pricing and technological advancements, are driving the growth of the industry. The statistics also reveal varying adoption rates and preferences across different regions, emphasizing the dynamic nature of the eBook market on a global scale.