E-reader Market Players, Manufacturers, Types, Regions and Application Research Report, 2030
E-reader Market Overview
The E-reader
Market will grow at a 6.25 percent of Compound Annual Growth Rate in the
forecast period and a value of USD 15.59 billion by the end of 2030 in the
forecast period. Ebook is a digital book available online and can be easily
readable on Apple's iPad, Amazon's Kindle, Noble Nook, and Barnes. It is an
electronic device that is handheld, portable, and easy to use. The advantage of
an e-book reader with minimal power consumption.
The
E-reader has many advantages like capacity, portability, free ebooks, foreign
language learning, and convenient reading. The rise in adaptation of online
content in the education domain. The demand for e-learning and the availability
of free e-books on the internet is driving the e-reader
market. The aim is not to diminish the traditional old book, and it
creates awareness for saving paper and portability and shows positive impacts
on the E-reader Market growth.
Factors
such as the usage of e-readers, e-learning apps, and technological advancements
are driving the market growth. The complex way of reading and lack of awareness
of e-reader books, along with the availability of traditional books, are
hampering the market growth. Moreover, the development of display technologies
for readability expands the E-reader Market.
The
digital advancement in the education sector with an increase in the adaptation
rate of e-learning will scale up the market's growth. Besides, manufacturers
are offering additional features, driving the market's demand.
Market Segments
The E-reader
Market is segmented into a screen size, screen type, connectivity,
application, and distribution channel.
The
screen size segment is categorized into below 6-inch, 6 to 8-inch, 8 to
10-inch, and above 10-inch. The 6 to 8-inch screen size will notice decent
growth, among others.
The
screen type segment is divided into E-ink and LCD. The E-ink screen type
dominates the market.
The
connectivity segment is divided into under 3/4G, Wi-Fi, and 3/4g and Wi-Fi. The
3/4G and Wi-Fi segment will notice good growth.
The
application segment comprises kids, workers, students, and senior citizens. The
kids' segment is the dominating one.
The
distribution segment is bifurcated into specialty stores and e-commerce. The
e-commerce segment is driving the market's growth.
Major Players
Key
e-reader market players are Ectacto Inc, Amazon.com Inc,
Sony Corporation, News Corporation, Barnes & Noble, Hanvon Technology,
Rakuten Kobo, Onyx International Inc, Arta Tech, Bookeen, and PocketBook
International.
Regional Analysis
The E-reader
Market is distributed into major regions based on its geographical growth
expansion. The market covers the Asia Pacific, Europe, North America, the
Middle East, Africa, and Latin America.
The
regional market is divided into countries based on market analysis. The rise in
demand of the market in the United States of America is emerging the regional
market of North America. The North American region will witness higher revenue
shares in the market.
The
Asia Pacific region to witness a solid growth rate in the forecast period. The
major reasons behind the APAC market growth are the rise in sales of e-readers
in China and the increased rate of popularity in countries like India.
Industry News
In
November 2021, the Amazon Kindle Paperwhite E-readers will be integrated with E
Ink Carta 1200 EPD display technology. This technology offers smoother
animations, handwriting, and a 20% faster response.
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