Business Research Company Global Online Book Services Market Report 2022: Market Size, Trends and Forecast to 2026
LONDON, GREATER LONDON, United Kingdom, Sept. 1, 2022 /EINPresswire.com/ — According to the “Global Online Book Services Market Report 2022” published by The Business Research Company, the size of the book services market online is expected to grow from $19.00 billion in 2021 to $20.05 billion in 2022 at a compound annual growth rate (CAGR) of 5.51%. According to TBRC’s Online Book Services Market Research, the market size is expected to reach $24.85 billion in 2026 at a compound annual growth rate (CAGR) of 5.52%. Changing consumer preferences towards online book reading is driving the growth of the online book services market.
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The global online book services market includes sales of online book services by entities (organizations, independent merchants, and partnerships) that are used to enable users to read on an electronic device such as a computer or portable device. Books available online or on the internet are also called electronic books or e-books and are easily readable. Online book services contain a digital file with a body of texts and images and display them on a screen such as a smartphone or laptop like a printed book. Online book services are available based on subscriptions to apps such as Amazon’s Kindle, Good Reads, Bookbub and Scribd.
Global Online Book Services Market Trends
Strategic partnership is a key trend in the global online book services market. Companies are partnering with e-book sellers and distributors to expand their services to new markets by leveraging each other’s resources and expertise. These partnerships also aim to introduce e-books to new areas such as public libraries to create product availability in most places and increase revenue.
Segments of the global online book services market
The global online book services market is segmented:
By-products: education, commerce, science, technology, medicine
By end user: teenagers, adults
By Geography: The global online book services market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Of these regions, North America accounts for the largest share.
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The Global Online Book Services Market Report 2022 is part of a series of new reports from The Business Research Company that provides global online book services market overviews, size and forecast analysis and forecasts. of the market growth for the global online book services market, the global online book services market share, segmentation and geographies of the global online book services market, players of the global book services market online book services, revenue, profiles and market shares of major competitors in the global online book services market. The Global Online Book Services Market report identifies key countries and segments for opportunities and strategies based on market trends and key competitor approaches.
TBRC’s Global Online Book Services Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Main market players: Amazon.com, Apple, Barnes & Noble, Kobo Inc, Google, Smashwords, Hachette Book Group, Lulu Press, Scribd Inc, News Corporation (HarperCollins Publishers LLC) and Blurb Inc (Reischling Press Inc).
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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