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Table of Contents
Global E-Reader Market is likely to show slow growth rate between 2024 to 2030 primarily due to increasing inclination towards smartphones & tablets for reading E-books. Exponential rise in use of smartphone & tablets leading to high demand for E-books making it difficult for device manufacturers to grow at higher growth rate. Utter increment in the digital audiobooks further restricting the use of E-Reader devices. Audio books segment has seen impressive growth rate of around 24 % between 2018 to 2019.
Large quantity of E-books are available free of cost for users & this is the primary factor for rapidly increasing popularity of E-books. Students & Business person is main segment that generate maximum revenue for Global E-Reader Market. In recent years market has lost almost 12 % of market share in adult segment. Core reason for slow growth of E-Reader Market is due to lack of any significant technical development in the devices since its inception.
Research study on E-Reader Market includes E Ink & LCD Screen as main Screen types use for E-books reading. In 2023 E Ink screen segment covers around 78 % of market & estimated to show constant growth rate between 2024 to 2030. E Ink screens is comparatively new technology but has gained significant popularity & market share in recent years. Since 2015 manufacturing techniques has been advanced magnificently resulting in impressive growth.
Competitive analysis included in research study helps users to understand market positioning and marketing strategies of key players. E-Reader Market is becoming highly competitive due to emergence new market players especially in Asia Pacific region. Despite of high entry barrier competitive edge in E-Reader Market is growing primarily due to massive demand. Major companies are constantly developing advance, cost-effective, quality product to attract more consumers and increase market share.
E-Reader Market is studied based on Specialty Stores and E-Commerce as Distribution Channel. E-Commerce holds the highest market revenue share in 2023 & estimated to show lucrative growth rate between 2024 to 2030. Based on pricing Economy, Mid-range, and Premium are 3 main segments leads to generate revenue for the provider companies. Economy class holds around 38 % of market share in 2023 & likely to grow at higher rate compared to other segments.
Geographical analysis of research study is based on analysis of Market insight in North America, Europe, Asia Pacific, Middle East, South America, and Africa & Rest of the World. North America regions lead the market with almost 40 % of revenue generated from region in 2023. Asia Pacific is emerged as one of fastest growing market especially due to increasing population & disposable income. South America and Middle East also estimated to show slow growth rate during forecasted period.
Research study has extensively worked on supply-demand analysis which has become important parameter in Technology industry. Supplier analysis helps to understand supply- demand scenario that certainly helps designed better manufacturing process. Analytical tools used while developing research studies include Porter's 5 Forces model, PESTEL analysis, SWOT analysis, market sizing. Opportunities and threat analysis have gained significant importance in recent years primarily due to dynamic nature of Technology industry.
E-Reader Market: Screen Types
E-Reader Market: Price Range
E-Reader Market: Distribution Channel
E-Reader Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in E-Reader Market:
Geographical analysis of E-Reader Market:
Global E-Reader Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 1709.70 million |
Forecast Value (2031) |
USD 2032.30 million |
CAGR (2025-2030) |
2.5 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
E-Reader Market was valued at around USD 1709.70 million in 2023 & estimated to reach USD 2032.30 million by 2030.
E-Reader Market is likely to grow at Compound Annual Growth Rate (CAGR) of 2.5% between 2024 to 2030.
E-Reader Market is dominated by the E Ink Screen segment and the North America region holds the highest market share in 2023.
Some of the top key players in the E-Reader Market are Amazon, Barnes & Noble, McGraw Hill, Sony, IReader Technology, Onyx, Kobo.
Primary driving factors for the growth of the E-Reader Market include Development of advance, cost-effective, quality product to attract more consumers along with gaining popularity of E Ink screen.
Yes, the report includes COVID 19 impact on the market.
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