Technology E-book Readers Market-Industry Trends and Growth | Page 2
Hexa Research
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The developing pattern of gathering data online for exploration and research activities is
adding to the development of e-books industry. The delicacy of books to wear and tear and
need of satisfactory consideration is further encouraging the industry growth. The business
sector finds great development potential in nations where consumers can read in both
English and also their primary language, which affects the volume offers of such books in a
specific geology. In any case, it is vital to consider administrative structure for copyrights,
which are essential in e-books setting. In this manner, the potential danger of piracy is the
real test for the development of digital book market.
The late extension of conveyance stages and channels, particularly the e -retail, has
conveyed distribution of e-books to an altogether new level. Globalization and digitization
have made exercises, for example, book dispatch a worldwide occasion, focused towards
worldwide readers. Subsequently, the distributed gatherings now have far-reaching
geographic compass. The rising cost in the print publishing along with the increasing
production and distribution cost is enabling publishing houses to publish their books
online. Moreover, e-book sellers and publishers are coming up new concepts and
innovative offerings addressing the digital space. For instance, one of the innovative
strategy includes e-single, which enables readers to purchase a particular section of the
entire book instead of purchasing all chapters. The availability of applications such as
ibooks and Google Books on smartphones is attracting a significant consumer base. Several
book writers and publication agencies are collaborating with online portals such as
Amazon, kindle bookstore and flipkart to offer e-books online. Further, the decreasing
prices of e-book readers are augmenting the overall consumption of these devices.
Expanding young demographics and the growing digitalization of comic and literature
books are expected to increase the demand for such readers. Benefits such as social media
sharing, and readability across multiple devices is appealing to the younger generation of
readers.
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