Summary

The future of reading is far from certain, but one thing is certain, the US eBook market is at a crossroads. E-Books may enthrall readers for years to come if they embrace change, adjust to new trends, and maintain the power of storytelling. Demand is being driven up by e-readers with multilingual functions and a more book-like experience. Figures from smaller publishers and independent authors are frequently left out of current market data. The US eBook industry could look very different if these independent businesses were included, with possible stronger growth and diversification. Demand is being driven up by e-readers with multilingual functions and a more book-like experience. A sizable and expanding sector of the publishing industry in the US was the eBook market. The rising use of e-readers, tablets, and smartphones, among other things, has caused the eBook market to expand significantly over time. Even though it was growing at a slower rate than in previous years, eBooks remained a big part of book sales. The market was dominated by big firms such as Barnes & Noble Nook, Apple iBook’s, Amazon Kindle, and others. E-Books were mostly distributed through online platforms and merchants. Platforms for self-publishing were also very important because they allowed independent writers to publish their works online.

According to the research report "United States E-Book Market Overview, 2029," published by Bonafide Research, the United States E-Book Market is expected to grow more than 3% CAGR from 2024 to 2029. Despite a period of revenue plateauing, the US eBook market continues to enjoy strong growth in unit sales and has an active market environment. By offering a reading experience more akin to that of real books, e-readers with features like glare-free screens, customizable colors, and eye care technologies draw in new users and keep hold of current ones. Since so many people own smartphones, e-books are easily available to everyone and can be accessed at any time and place. Even though audiobooks aren't really eBooks, their increasing popularity fosters a wider reading community and might eventually lead listeners to text-based eBooks. For consumers on a tight budget, services like Kindle Unlimited and Scribed provide large libraries at enticing monthly rates, making eBooks more accessible and cheap. The market reach is expanded by the growing availability of discounts and reduced eBooks, which appeal to consumers who are cost-conscious. The proliferation of e-readers, reading apps, and online booksellers lowers entry barriers and makes it easier for beginning readers to acquire eBooks.

Based on by Platform the market can be categorized by Smartphones, Tablets & e reader , Laptops & pc. A number of factors are coming together to propel the growth of tablets and e-readers in the US eBook market, making them increasingly significant market segments. Compared to smartphones, tablets and e-readers have larger, sharper screens, making reading more immersive and book-like especially when reading lengthier texts or intricate images. E-readers with features like adjustable backlights and low-glare e-paper screens are great for reading in a variety of lighting situations, reducing eye strain and tiredness. Tablets satisfy the need for a multipurpose gadget by enabling users to effortlessly transition between reading eBooks and other tasks like taking notes, surfing the web, or watching videos.

Based on by Product the market can be categorized by Consumer eBook, Professional eBook, Educational eBook. E-books are more convenient and portable for Gen Z and Millennial than traditional printed books, and they are used to using them. The emergence of platforms such as Amazon Kindle Direct Publishing has enabled independent writers, resulting in a greater diversity of voices and niches within the eBook industry. Because consumers are becoming more cost-conscious, e-books frequently have lower price points than print books especially in light of the popularity of subscription services like Kindle Unlimited. Readers who seek a flexible device for reading and other activities are becoming more and more receptive to tablets with larger screens and multitasking features.

Based on by User the market can be categorized by male, women. The women's category is emerging as a significant growth driver in the intriguing transformation of the US eBook market. Compared to men, women make up a larger and more enthusiastic reading population in the United States. According to studies, women are more likely to consistently buy eBooks and read more books annually. More genres that are tailored to the interests of women, like self-help, chick lit, romance, and young adult fiction, are available in the digital market. This diversification has increased the number of readers that are already female readers and drawn in new ones.

Considered in this report:
• Geography: United States
• Historic year: 2018
• Base year: 2023
• Estimated year: 2024
• Forecast year: 2029

Aspects covered in this report:
• United States E-Book market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Platform:
• Smartphones
• Tablets & e reader
• Laptops & pc

By Product:
• Consumer eBook
• Professional eBook
• Educational eBook

By User:
• male
• women

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the E-Book industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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