The E-Reader Market Size is expected to reach USD 15.59 billion by 2030, with a compound annual growth rate (CAGR) of 6.25% from 2023 to 2030. An e-reader is a portable electronic device extensively utilized for reading periodicals and digital books.
A new comprehensive research Study is added in MRFR of 350 pages, titled as “E-reader Market”. All the data and information, especially numerical data, involved in this market report has been represented very well in the form of graphs, charts or tables for the better understanding of users. This report serves the clients to tackle every strategic aspect including product development, exploring niche growth opportunities, product specification, application modelling, and new geographical markets. Few more data models employed for the research methodology are merchant positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, thorough analysis and vendor share analysis. A team of skilled analysts, statisticians, research experts, enthusiastic forecasters, and economists work painstakingly to structure such a great market research report for the businesses seeking a potential growth. We create Strategic reports with the help of very loyal sources such as journals, newspapers, company websites and annual reports of the companies have been referred to collect the data which can be relied upon confidently. This E-reader report also gives explanation about strategic profiling of key players in the market, systematic analysis of their core competencies, and provides a competitive landscape for the market.
Key Players
Eminent market players profiled in the e reader market report include
- Ectacto Inc
- Amazon.com Inc
- Sony Corporation
- News Corporation
- Barnes & Noble
- Hanvon Technology
- Rakuten Kobo
- Onyx International Inc
- Arta Tech
- Bookeen
- PocketBook International
COVID-19 Analysis
Despite the fact that the COVID-19 epidemic had an impact on many markets throughout the world, the market's impact was somewhat muted since so many schools, universities, and institutions switched to an online education paradigm, which sparked a huge demand for e-readers. And as a result, the share of the E-reader market increased at a respectable rate. Some manufacturers had difficulties during the production process, but they quickly used technology to resolve them.
Regional Analysis
North America to Command E-Reader Market
North America is expected to become a significant regional market because of an increase in demand from the USA. Presently, the North American area has greater market revenue shares. The ubiquity of connected devices like smartphones, iPads, tablets, and other gadgets has raised demand for e-readers, giving North America the market's top spot. Additionally, the market is expected to grow as a result of regional disparities in ITC expenditure and technological advancements. To get a cutthroat edge in the market, major companies in this area are focusing on the release of e-Readers and eBooks.
APAC to Have Admirable Growth in E Reader Market
The forecast timeframe will see a steady increase in the Asia-Pacific market. The primary causes of this include increasing e-reader sales within China and expanding popularity in countries like India. The use of e-learning in today’s curriculum is expanding as a result of technical advancements in the field of education, which will improve each student's experience learning. One of the key factors affecting the market's growth is this. E-book readers may add comments, hyperlinks, & keyword searches to a variety of free e-books, including fiction, classics, and reference resources. Thus, students—especially those in universities—are converting from conventional books to e-books in order to better their entire reading experience.
Key questions answered in the report:
- Which are the five top players of the E-reader market?
- How will the E-reader market change in the next five years?
- Which product and application will take a lion’s share of the E-reader market?
- What are the drivers and restraints of the E-reader market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the E-reader market throughout the forecast period?
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