Summary
- • The global book publishing industry is forecasted to generate over $143 billion in revenue in 2020.
- • In 2019, the total revenue of the U.S. publishing industry was around $25.93 billion.
- • Self-publishing accounted for 1.68 million books in 2018 in the U.S.
- • Global ebook market share is expected to reach 43% in 2023.
- • About 675 million print books were sold in the U.S. in 2019.
- • The number of self-published books in the U.S. grew from 133,036 in 2010 to 1,727,115 in 2018.
- • Adult nonfiction book sales in the U.S. generated $6.68 billion in revenue in 2019.
- • The educational publishing market is expected to reach $12.06 billion by 2026.
- • The children's book publishing market in the U.S. is projected to reach $5.4 billion by 2027.
- • In 2019, religious presses in the U.S. published approximately 29,375 titles.
- • Over 1.6 million books were published in the U.S. in 2018 in total.
- • Trade book publishing revenue in the U.S. reached $16.3 billion in 2019.
- • Audiobook revenue in the U.S. hit $1.2 billion in 2019.
- • Digital magazine circulation revenue worldwide amounted to $29.3 billion in 2019.
- • The global comics and graphic novels market size reached $5.56 billion in 2019.
Step into the riveting world of publishing where stories come alive and revenue flows like ink on paper! With the global book publishing industry set to mint over $143 billion in 2020, its no wonder that the U.S. publishing market raked in a cool $25.93 billion in 2019. Self-publishing authors are leaving their mark too, with a whopping 1.68 million books hitting the shelves in 2018. The future holds promises of digital dominance, with the global ebook market eyeing a 43% stake by 2023. So, buckle up as we dive into a literary rollercoaster ride full of numbers, trends, and the relentless pursuit of storytelling success.
Audiobook market
- Audiobook revenue in the U.S. hit $1.2 billion in 2019.
- The audio publishing market in the U.S. had a revenue of $940 million in 2019.
- Podcasts on publishing and books saw a huge surge in listenership with 43 million downloads in 2019.
- The audiobook market in the U.S. saw a revenue growth of 16% in 2019.
- The audiobook market in the U.S. accounted for 1.2 billion units sold in 2019.
- The global audiobook market size is projected to reach $15.8 billion by 2025.
Interpretation
In a world where reading seems to be evolving faster than the plot twists in a thriller novel, the numbers speak volumes. The audiobook industry is booming louder than a library during a silent reading session, with revenue hitting $1.2 billion in the U.S. alone in 2019. Add to that the ear-pleasing $940 million revenue from the audio publishing market, along with a podcast frenzy that attracted 43 million listeners in the same year. With a growth rate of 16% in audiobooks and a staggering 1.2 billion units sold in 2019, it's clear that the future of literature is not just written, but also spoken. And with the global audiobook market projected to swell to a whopping $15.8 billion by 2025, it seems the age-old tradition of storytelling has found a new voice – quite literally.
Book publishing industry revenue
- The global book publishing industry is forecasted to generate over $143 billion in revenue in 2020.
- In 2019, the total revenue of the U.S. publishing industry was around $25.93 billion.
- About 675 million print books were sold in the U.S. in 2019.
- Adult nonfiction book sales in the U.S. generated $6.68 billion in revenue in 2019.
- The educational publishing market is expected to reach $12.06 billion by 2026.
- In 2019, religious presses in the U.S. published approximately 29,375 titles.
- Over 1.6 million books were published in the U.S. in 2018 in total.
- Trade book publishing revenue in the U.S. reached $16.3 billion in 2019.
- The global comics and graphic novels market size reached $5.56 billion in 2019.
- Over 6.5 billion units of printed books were sold in the U.S. in 2019.
- The academic and professional publishing sector was valued at $3.38 billion in the U.S. in 2019.
- The educational book publishing market in the U.S. is expected to grow at a CAGR of 5.5% from 2019 to 2027.
- Academic and professional book publishing generated $5.14 billion in revenue in the U.S. in 2019.
- U.S. newspaper circulation revenue dropped by 13% from 2017 to 2018.
- The global map publishing market size was estimated at $7.6 billion in 2019.
- Adult fiction book sales in the U.S. reached $4.42 billion in 2019.
- The newspaper publishing industry in the U.S. employed around 234,620 people in 2019.
- The number of books sold in the U.S. increased by 17 million units from 2017 to 2019.
- Trade book sales in the U.S. grew by 3.3% in 2019, totaling $16.3 billion.
- The global print book market size was valued at $137.2 billion in 2018.
- The magazine publishing market in the U.S. generated revenue of $28.9 billion in 2019.
- The global academic journal publishing market size reached $14.3 billion in 2019.
- Revenue from adult nonfiction book sales in the U.S. amounted to $6.68 billion in 2019.
Interpretation
In the ever-evolving world of publishing, the numbers tell a tale as vast and varied as the pages of the many books it produces. From the towering revenue figures that could make even the most successful novelists blush to the thriving markets of educational textbooks and graphic novels, the industry remains a captivating labyrinth of words and images. With over 6.5 billion printed books finding their way into the hands of readers in the U.S. alone in 2019, it seems that despite the digital age's relentless march, the allure of the printed page still holds sway. As newspaper circulation revenue wanes and digital platforms shake the traditional pillars, the publishing world continues to adapt and reinvent itself, proving that in this realm of ink and imagination, the story is far from over.
Children's book publishing market
- The children's book publishing market in the U.S. is projected to reach $5.4 billion by 2027.
- Over 134 million comic books were sold in the U.S. in 2019.
- Revenue from children's and young adult books in the U.S. totaled $4.11 billion in 2019.
Interpretation
As the saying goes, "In the world of publishing, children's and young adult books are not just child's play." The numbers speak for themselves: with a projected market worth of $5.4 billion by 2027 and revenue totaling $4.11 billion in 2019, it's clear that books for young readers are a serious business. And let's not forget the impact of those 134 million comic books sold in the U.S. in 2019 - a colorful reminder that storytelling comes in many forms, always ready to captivate audiences of all ages. In this ever-evolving industry, it's not just about the numbers but the enduring stories that keep readers flipping pages.
Global ebook market
- Global ebook market share is expected to reach 43% in 2023.
- Digital magazine circulation revenue worldwide amounted to $29.3 billion in 2019.
- The global digital publishing market size is projected to reach $28.6 billion by 2025.
Interpretation
As we hurtle towards a future dominated by digital content, the publishing industry seems poised to hit the metaphorical jackpot. With the global ebook market share set to skyrocket to 43% by 2023, it appears that physical books may soon find themselves relegated to mere relics of the past. Coupled with a staggering $29.3 billion in digital magazine circulation revenue in 2019 and a projected $28.6 billion global digital publishing market size by 2025, it seems that the traditional ink-and-paper industry is now but a quaint memory in the rearview mirror of progress. Prepare to bookmark your favorite authors and fold the corners of your digital pages, for the future of reading is indeed bright, albeit glaringly screen-shaped.
Scientific and technical publishing market
- The global scientific and technical publishing market is projected to reach $42.1 billion by 2025.
Interpretation
In a world where knowledge is power, the exponential growth of the scientific and technical publishing market signifies an insatiable thirst for enlightenment and progress. With a projected value of $42.1 billion by 2025, it seems that the pen truly is mightier than the sword, or in this case, the keyboard. As we navigate through the vast sea of information, one thing is clear - the publishing industry is not just about printing words on paper; it is about shaping the future and inspiring generations to reach new heights of innovation and discovery. So, in the words of Shakespeare, "What's past is prologue" - and the future of publishing looks brighter than ever.
Self-publishing market
- Self-publishing accounted for 1.68 million books in 2018 in the U.S.
- The number of self-published books in the U.S. grew from 133,036 in 2010 to 1,727,115 in 2018.
- The self-publishing market in the U.S. is expected to grow at a CAGR of 6.6% from 2020 to 2027.
- Self-published books accounted for 40% of all print book purchases in the U.S. in 2018.
Interpretation
The numbers don't lie - self-publishing is no longer just a quirky hobby but a formidable force in the publishing industry. With 1.68 million self-published books in the U.S. in 2018 alone, it's clear that aspiring authors are taking matters into their own hands. From a modest 133,036 self-published books in 2010 to a whopping 1,727,115 in 2018, this growth trajectory is nothing short of a plot twist. With self-published books making up a substantial 40% of all print book purchases in the U.S., it seems traditional publishing houses might need to brace themselves for some healthy competition. Watch out, mainstream, the self-starters are writing themselves into the spotlight.
