Ebook Vs Print Book Statistics 2020
The feel of paper.
Ebook vs print book statistics 2020. Print books versus ebooks. Compare that to 800 million in 2017. The global e book market henceforth referred to as the market studied was valued at usd 18 13 billion in 2019 and it is expected to reach usd 23 12 billion by 2025 registering a cagr of 4 9 during the forecast period 2020 2025.
For early 2019 e book sales continued to decline going down nearly 5 in revenue having brought in only 244 million in sales in the first three months of the. E book sales in the u s. Ebooks and audiobooks have been growing in popularity for years despite calls from traditional print book lovers that they are an.
Whether you re a daily commuter or traveling the friendly skies seeing people with an e reader in their hands instead of a book or a newspaper is no longer an uncommon sight. Do you prefer reading an e book or a physical version. In 2018 about 26 percent of american book consumers stated they had read an e book in the last year however print books were still arguably the more popular format among u s.
7 reasons printed books are better than ebooks. Had declined slightly to 983 million in 2019 from a year earlier. Hachette stated that ebooks accounted for 16 8 of total revenue in the first quarter of 2020 down from 17 4 in the first quarter of 2019.
User penetration is currently 10 5 and it is expected to hit 11 8 by 2022. Publishers of books in all formats made almost 26 billion. Recent statistics show that e books brought in 771 million in the us market between january and september 2018.
They seem to be the only outlier where ebooks dipped a. For avid readers holding a book in hand the smell of the paper nice binding and flipping through pages is a beautiful feeling which lacks in a digital device. Apple 450 million e book settlement wins court approval.