(MENAFN- iCrowdNewsWire)According to the latest report by IMARC Group, titled “E-Book Reader Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global e book reader market reached a value of US$ 9.80 Billion in 2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of 6.21% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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E-book readers refer to the portable electronic devices that are utilized for downloading, storing and reading the electronic versions of books, newspapers, periodicals and magazines. They can store a large number of e-books with their extended storage capacity and are widely available in the market in various screen sizes. These devices consume minimal power that allows them to operate for long hours without the need for constant charging. They are characterized by monochrome displays that employ e-ink technology that further assists in reducing the strain caused on the reader’s eyes. These readers are widely preferred by the masses due to their portability and the enhanced convenience associated with their use.
Market Trends and Drivers:
The e-book reader market is primarily driven by the increasing adoption of e-book readers from the education sector. There has been a paradigm shift to e-learning models in the sector that has provided a boost to the demand for digital education and subsequently, connected devices and e-book readers, on the global level. This is supported by the continual digital advancements across educational institutes, availability of high-speed internet connectivity, inflating disposable income levels of the masses and the increasing availability of free e-books on the internet. The market is further driven by the advancements in battery technology that aims at increasing battery longevity and make the reading process hassle-free for the users. Numerous e-book readers are now being equipped with an offline dictionary, foreign language learning solutions, and color-adjustable front light. They are also being upgraded to support audiobooks and cloud services to manage their library in an efficient manner, thereby gaining widespread prominence among the masses. Some of the other factors contributing to the market growth include the increasing demand for digitalized comic books and webtoons, along with the growing awareness regarding saving paper.
E-Book Reader Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the e-book reader market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Sony Corporation
- Aluratekn Inc.
- Barnes & Noble Inc.
- Apple Inc.
- SAS BOOKEEN
- Ectaco Inc
- Amazon.com Inc.
- Blurb Inc
- PocketBook International SA
- Rakuten Kobo Inc.
Key Market Segmentation:
The report has segmented the global e-book reader market on the basis of screen type, screen size, connectivity type, pricing, end-user, distribution and region.
Breakup by Screen Type:
Breakup by Screen Size:
- Below 6 Inch
- 6-8 Inch
- 8-10 inch
- Above 10 Inch
Breakup by Connectivity Type:
- Wi-Fi
- 3G/4G and Wi-Fi
- 3G/4G
Breakup by Pricing:
- Low Price
- Medium Price
- High Price
Breakup by End-User:
- Students
- Professionals
- Others
Breakup by Distribution:
- Store Based
- Supermarkets and Hypermarkets
- Specialty Stores
- Others
- Non-store Based
Breakup by Region:
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East and Africa
Explore Full Report with TOC & List of Figure:
Key Highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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