Jun 14, 2014 with book purchasing as a whole down 4% last year, the uk ebook market grew by 20%, or an estimated. A similar rush can be seen today in the race to create apps to cater to a mobile market. The market growth rate depends largely on the product life cycle, when the product is in introduction or growth. The report on ebook readers market offers indepth analysis on market trends, drivers, restraints, opportunities etc. This page provides the latest reported value for united kingdom gdp growth rate plus previous releases, historical high and low. Compare the market growth rate to your firms growth to see how well you are doing compared to the overall market. The number of young adult titles published more than doubled in the decade between 2002 and 2012 over 10,000 ya books came out in 2012 versus about 4,700 in 2002. Ebook market global ebook industry size, share, growth, analysis, research and forecast report, 2014 to 2024 ebook market global ebook market size was valued at usd 15.
Meanwhile, game publisher fees will grow the slowest at a compound annual growth rate of 3. By comparing the markets growth rate with a products total sales growth rate, businesses can evaluate the success or failure of a given product or. During this period growth was highest in the summer of 2018 when the months of july and august showed a growth rate of 0. The top elearning statistics and facts for 2015 you need. Jan 06, 2020 in 2018, the yearoveryear growth rate had slightly dropped at. The united states continues to be the biggest market for the audio format and in 2017. Ebook sales for the uks five biggest publishers fell in 2015, according to a new report in the bookseller, collectively declining 2. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc.
But claims the ebook bubble has burst is just wishful thinking from the uk booksellers association. Jun, 2014 selfpublished books share of the uk market grew by 79% in 20, with 18m selfpublished books bought by uk readers last year, according to new statistics. It is also higher than the overall growth rate in north. Ebooks growth is up, both traditional and selfpublished. Feb 03, 2016 ebook sales for the uks five biggest publishers fell in 2015, according to a new report in the bookseller, collectively declining 2. Last year i wrote thatin the uk at leastthe rate of growth in the ebook market was exaggerated in 2012 because of the fifty shades trilogy, which also then further skewed the perceived. The entire book retail market of china grew steadily in the past decade, according to openbook, and in 2017, market growth reached 14. In the three months leading up to november 5, 2017, the grocery market in great britain grew by 3. The uks publishers association releases its 2018 yearbook report. This study demonstrates the market dynamics and trends globally across five regions north america, latin america, europe, asia pacific, and middle east and africa which influence the current nature and future status. Jun 27, 2017 fresh figures show that sales grew by 5pc in the uks grocery market in the 12 weeks to june 18, the strongest increase since march 2012. By 2021, newzoo predicts that the annual growth rate will be approximately 14%. Global ebook readers market assessment, competition.
Market growth rate current market size original market size original market size 100 remember that earlier, we gave you the formula to calculate growth rates for any equation. Global growth of book publishing revenue by region. Newzoo estimates that, although it saw some growth in 2018, earnings will drop by 2020 and 2021. By and large, we have excluded data that is anomalous andor redundant due to age usually older than 10 years. The united kingdoms publishing industrys revenues hit. Kindles now look clunky and unhip just a few years ago, the kindle was being blamed for. A key trend underpinning the us expansion is that growth is being driven not only by the giants of the industry but by entrepreneurial operators. The uk grocery market share figures grew at the fastest rate since 20, the latest figures from kantar worldpanel have shown, with all ten major retailers in growth for the first time since 20. The average conversion rate above is based on 15 studies, most of which were published over the last 5 years.
The market growth rate can be used along with the drivers like demographics, sales of the other products to get the better analysis of a product. Digital retail remains strong, the growth rate of online bookstores in china remaining above 20 percent. Dec 16, 2018 the number of young adult titles published more than doubled in the decade between 2002 and 2012 over 10,000 ya books came out in 2012 versus about 4,700 in 2002. Grocery market growth accelerates at fastest rate in 4 years. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
The uk is the secondlargest ebook market accounting for 15% of all english language ebook sales worldwide in 2017. The ebook market in the uk is growing nicely at the moment, but analysts predict that it is going to grow by leaps and bounds. It is also higher than the overall growth rate in north america. It represents a sharp turnaround from the same period. A new report estimated that the compound annual growth rate cagr for the sector will be 2. In august 2019, the american association of publishers, which represents mostly traditional book publishers, reported that, among their members, ebook sales accounted for 14. In other words, indie authors are responsible for just over half of the growth in the uk ebook market in 20. The uk market is nearly five percentage points above this number. Ebook market size, share, analysis, 20142024 industry report. Ebook readers market share, size 2019 emerging rapidly. Ebook market size, share, analysis, 20142024 industry.
The global books market size was valued at usd 115. The figure for uk growth is interesting because ecommerce growth rates in many european countries are actually slowing. Average yearly income per share growth for best buy co inc is 10. By contrast, in the first half of 2018, the growth rate dropped to something just over 10 percent. The predicted growth rate for western europe is 10. Revenue is expected to show an annual growth rate cagr 20202024 of 4. Besides, libraries and publishers are also increasingly receiving responses for e books. Ebook sales for the uk s five biggest publishers fell in 2015, according to a new report in the bookseller, collectively declining 2. The uk publishing industry was hit by a surprise fall of. Oct 14, 2019 data on the compound annual growth rate of global book publishing revenue between 2018 and 2023 shows that growth will occur across all world regions, with asia pacific leading the way. Ebook market share 2019 ebooks make up 18% of total book sales. Hachette book group, one of the big publishers, has announced that in.
If that looks familiar it should, in the us, ebook sales registered treble digit growth rates until 2012 when that market came off the boil and in volume terms recorded growth of around 50 %. Books market size, share, analysis global industry report. Managed, branded and franchised pubs were forecast to drive this growth, with these sites predicted to contribute 49% of pub market revenue in 2019. Ebook market share in germany shows slow growth publishing. Industry statistics cover all companies in the united states, both public and private, ranging in size from small businesses to market leaders. Aug 15, 2018 the entire book retail market of china grew steadily in the past decade, according to openbook, and in 2017, market growth reached 14. In 2018, the number and proportion of people in work remains close to record levels despite some predictions that unemployment would rise following the brexit vote. Uk ebook market to surpass print sales by 2018, and other. United kingdom gdp growth rate 19552019 data 20202022. Ebook market segment forecasts up to 2020, research. In 2018, there were 215 million occasional viewers and 165 million enthusiasts. There is a 20% vat applied to ebooks in the uk which is not applied to print. Uk print book sales fall while audiobooks surge 43. Global ebook readers market assessment, competition scenario.
Fresh figures show that sales grew by 5pc in the uks grocery market in the 12 weeks to june 18, the strongest increase since march 2012. Learn why we say that in our analysis of amazons ebook market share. The us ebook market in 2014 the nielsen view the bookseller. The uk is the secondlargest ebook market accounting for 15 % of all english language ebook sales worldwide in 2017. The digital and ebook market witnessed impressive growth in its first few years. This list and the average is updated as new data is. Screen fatigue sees uk ebook sales plunge 17 % as readers return to print how ebooks lost their shine. The rise of audiobooks and the podcast industry deloitte. Overall, the digital book market, which as well as audiobooks includes ebook sales and. Global book publishing market, segmented by forecast rate of growth and scale, 202018 highergrowth, largerscale markets this market comprises established books markets such as the us, canada and australia, as well as countries such as brazil and thailand, where print revenue is still growing alongside ebooks revenue. Oct 16, 2019 the figure for uk growth is interesting because ecommerce growth rates in many european countries are actually slowing. The us market for coworking and flex space showed sensational growth in 2017 as the move towards more agile working gained pace. Supermarket sales grow at fastest rate in five years as. Ebook readers market share, size 2019 emerging rapidly with.
Audiobooks are the fastest growing segment in the digital publishing industry. Selfpublishing boom lifts sales by 79% in a year the guardian. Ebooks as a proportion of the market hit a high point in 20 of 28%, and overall the us book market has risen at a compound annual growth rate of 2% over five years. Selfpublished ebooks accounted for half of the growth of. Data on the compound annual growth rate of global book publishing revenue between 2018 and 2023 shows that growth will occur across all world regions, with asia pacific leading the way. Jun 02, 2015 ebooks as a proportion of the market hit a high point in 20 of 28%, and overall the us book market has risen at a compound annual growth rate of 2% over five years.
To calculate the market size, the report considers the revenue generated from the. This statistic illustrates the monthly growth rate of gross domestic product gdp, on the previous three months in the united kingdom uk from july 2017 to july 2019. The ebook back then experienced extremely rapid growth. The study also revealed that the number of people buying ebooks has stagnated. But some some analysts caution against reliance on the aap stats, citing the emergence of a rapidlygrowing independent ebook publishing. Best buy co inc bby growth rates comparisons to technology. Books market size, share, analysis global industry.
Companys sequential eps growth rate was impressive 154. According to international publishers association, in 20, the book publishing market was dominated by countries such as the u. So it will become the smallest source of revenue in esports. After a 47% increase in sales in 2017, amazonowned audible uk saw. The asia pacific ebook reader market estimated to account for a market value share of about 27% by the end of 2017 will experience an increase in market share to the tune of a whopping 310 basis points to hold a market share of about 30% by the end of the forecast period in 2020. Persistence market research offers a four year trend analysis for 2012 to 2016 and a four year forecast for the global ebook reader market between 2017 and 2020. The report covers the present scenario and the growth prospects of the ebook market in the us for 20162020. Global book publishing market, segmented by forecast rate of. Selfpublished books share of the uk market grew by 79% in 20, with 18m selfpublished books bought by uk readers last year, according to new statistics. In a prediction which should sound familiar, pricewaterhousecoopers believes that ebook sales in the uk will triple over the next 4 years and surpass print sales by 2018. Uk ebook sales have increased by 5% in 2018 good ereader. An ebook is the digital or electronic version of a book and can be read on.
With some softness in educational sectors, the uk industry reports its crucial. While ebooks continue to gain market share in germany, the growth rate has slowed. Global book publishing market, segmented by forecast rate. In book news, a recent report shows that book publishers received nearly 23% of their revenues from sales of ebooks versus paper books during 2012.
In the uk the ebook market share went from almost non existent to an enormous 300 million pounds. The increasing consumer spending supported by increasing income is expected to boost market growth. All signs show growing popularity of electronic books, as traditional and selfpublished ebooks grow. Furthermore, increasing innovation in the market, which is anticipated to enhance the reading experience is. Ebook sales falling for the first time, finds new report. Jan 20, 2015 last year i wrote thatin the uk at leastthe rate of growth in the ebook market was exaggerated in 2012 because of the fifty shades trilogy, which also then further skewed the perceived. Sep 26, 2019 in the three months leading up to november 5, 2017, the grocery market in great britain grew by 3. The number of young adult ebooks published has exponentially exploded during the same period, due in part to the genesis and growth of the digital book market itself. Total market revenue growth rates, income growth rates.
Dec 01, 2015 while ebooks continue to gain market share in germany, the growth rate has slowed. Audible uk doubles profit as audiobook sales slow in 2018. Selfpublished ebooks accounted for half of the growth of the. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis.