Market Research Future (MRFR) has published a cooked research report on the “Global E-reader Market” that contains information from 2018 to 2030. The E-reader market is estimated to register a CAGR of 6.25% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the global E-reader market— Ectacto Inc, Amazon.com Inc, Sony Corporation, News Corporation, Barnes & Noble, Hanvon Technology, Rakuten Kobo, Onyx International Inc, Arta Tech, Bookeen, PocketBook International
E-Reader Market Highlights
The global E-reader market is accounted to register a CAGR of 6.25% during the forecast period and is estimated to reach USD 15.59 billion by 2030.
The e-reader market refers to the industry that produces and sells electronic devices designed specifically for reading digital books and other forms of written content. These devices typically feature e-ink displays, long battery life, and provide access to online bookstores for downloading e-books.
Segment Analysis
The global E-reader market has been segmented based on Screen Size, Screen Type, Connectivity, Application and Distribution Channel.
On the basis of Screen Size, the market is segmented into Below 6-inch, 6 to 8-inch, 8 to 10-inch, and Above 10-inch. The 6 to 8-inch screen size market segment would experience a respectable development throughout the reader market projection period, contributing to market expansion.
Based on Screen Type, the global E-reader market has been segmented into E-ink and LCD. The market will be dominated by products with e-ink screens. Since E-ink uses less power and provides better text visibility, all e-reader manufacturers are currently concentrating on developing their devices utilising this technology.
Based on Connectivity, the global E-reader market has been segmented into 3/4G, Wi-Fi, and 3/4g and Wi-Fi in terms of connectivity. Better growth will be seen in the 3/4G & Wi-Fi segment, driving the E-reader market.
Based on Application, the global E-reader market has been segmented into kids, workers, students, and senior people. The market is dominated by the kids' category. However, due to their current transition from traditional books to e-books that contain both classic references and fiction, student segments will dominate the market during the forecast period.
Based on Distribution Channel, the global E-reader market has been segmented into stores and e-commerce. Since consumers are gradually transferring their purchasing preferences from brick and mortar stores to online retailers, the e-commerce segment is expected to fuel market expansion.
Regional Analysis
The global E-reader market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe E-reader market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The E-reader market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World E-reader market comprises of Middle East, Africa, and Latin America.
To properly analyse the market, each regional market has also been split into country-based markets. North America is expected to become a significant regional market because to an increase in demand from the United States of America. Presently, the North American area enjoys greater market revenue shares. On the other hand, it is anticipated that the Asia-Pacific market will expand strongly throughout the course of the projection period. Growing e-reader sales in China and rising popularity in nations like India are the main causes of this.
Key Findings of the Study
- The global E-reader market is expected to reach USD 15.59 billion by 2030, at a CAGR of 6.25% during the forecast period.
- North America is expected to become a significant regional market because to an increase in demand from the United States of America.
- Based on Screen Type, The market will be dominated by products with e-ink screens.
Ectacto Inc, Amazon.com Inc, Sony Corporation, News Corporation, Barnes & Noble, Hanvon Technology, Rakuten Kobo, Onyx International Inc, Arta Tech, Bookeen, PocketBook International
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Companies Covered | 15 |
Pages | 90 |
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