Reading a book and sipping coffee on rainy days isn't the only thing readers do. Books are a crucial part of a reader's life. Ebooks, which have become very popular, comprise about 20% of the global market. They offer easy and instant access to books and provide passive income for many new self-published authors. These statistics offer a global view of the ebook market in 2024. Let’s get into it!
Top 10 Ebook Statistics
With the rise of ebooks, e-readers have become a convenient way to read digital content like ebooks, magazines, and other documents using wireless connectivity. E-readers are advantageous over printed books due to their compact size and portability. Additionally, compared to laptops, e-readers are cheaper, have longer battery life, and their screens are designed to be easier on the eyes.
Digital checkouts and app installations surged dramatically in 2022, proving e-readers and reading platforms' popularity. This growth is driven by affordable, eye-friendly e-readers. Increased audiobook and magazine borrowing indicates digital media diversity. The popularity of Libby and Sora shows that public and educational libraries are incorporating digital reading, demonstrating a trend toward appreciating digital resources for reading and learning.
8. Students borrowed 4.8 million digital books from the classroom through Public Library CONNECT in 2022, a 3% increase from the previous year.3
9. In 2022, ebook and audiobook hold and waitlists increased by 13%, reaching 214 million.3
10. In 2022, 129 public library systems across seven countries achieved over 1 million digital book checkouts, a 7% increase. This includes one system with over 10 million checkouts and 61 systems with over 2 million checkouts.3
11. In 2022, over 14,000 libraries hosted local digital book clubs, with Big Library Read (global) and Together We Read (in Canada, the UK, Australia, and New Zealand) titles being borrowed more than 600,000 times.3
12. Ownership of ebook readers like the original Kindle and Nook increased from 10% in December 2011 to 19% in January 2012, while ownership of tablet computers such as iPads and Kindle Fires also rose from 10% in mid-December to 19% in January.6
13. On any given day, 49% of ebook reader owners, like those with original Kindles and Nooks, are reading an ebook. Meanwhile, 59% of these e-reader owners are reading a printed book.6
14. Amazon’s Kindle Fire, a tablet released in late 2011, increased its market share from 5% in mid-December to 14% of the tablet market by mid-January.6
15. Amazon Kindle holds 72% of the e-reader market.9
Library attendance and digital book borrowing are rising, indicating a move toward digital reading. Many library systems have witnessed more digital checkouts, reflecting ebook and audiobook demand. Popular local and global digital book clubs demonstrate communal digital reading. Digital reading technology is becoming more popular, as e-reader and tablet ownership and use rise. Amazon Kindle's e-reader domination emphasizes its relevance in digital reading.
16. Barnes & Noble Nook holds 10% of the e-reader market.9
17. 18% of e-reader users prefer using a different app for reading.9
18. A global report found that Amazon is the top place for buying ebooks in the United States, the United Kingdom, and Germany, with over 60% of people in each country saying they purchase e-books there.10
19. 72% of book lovers in America read digital books on Amazon Kindle, while 10% use the Barnes and Noble Nook platform.14
E-readers have revolutionized reading by offering convenience and accessibility that books and computers cannot. With widespread use in public and school libraries, digital checkouts and app use show a shift toward digital media. This shows the relevance of sites like Amazon Kindle in the developing digital reading environment and the wider usage of technology in reading and learning.
The global ebook market is growing due to the advanced development of reading devices that mimic the experience of reading a physical book. The rising use of smartphones and the availability of ebooks in multiple languages also boost the demand for ebooks worldwide.
Reading technology and smartphone use are making ebooks more accessible and appealing, growing the global ebook market. Although e-papers and e-magazines are growing in popularity, ebooks are losing market share. Despite this transition, US donations keep the ebook business increasing in income and users. Digital audiobooks, which reflect changing consumer interests in digital reading media, are also growing.
9. Forecasts predict that ebook publishing revenue could reach $5.4 billion by 2027, nearly double the revenue from digital newspapers.10
10. China holds the largest market share for e-readers, accounting for about 70%.15
11. The global e-reader market was valued at $301.3 million in 2020 and is expected to drop to $80 million by 2027, with an annual decline rate of 17.2% from 2021 to 2027.15
The worldwide ebook industry is rising due to reading device and smartphone improvements that make digital reading easier. Even as consumers prefer e-papers and e-magazines, ebooks are growing more profitable and popular, especially in the US. The digital publishing landscape is changing, with audiobooks growing.
Ebook Statistics by Country
The way different countries interact with digital reading is given in this part of this article. From rising markets to the greatest ebook consumption rates, this section thoroughly analyzes ebook trends and consumption worldwide.
Global book publication is geographically diverse, with Asia Pacific leading and Africa trailing. Although print books are still popular in the US, ebooks are growing more popular in China and Egypt, where over half the population uses them. China's ebook market should grow according to this trend. Spain, Mexico, and the US dominate the Spanish-language ebook market, demonstrating language-specific market geography.
8. In 2022, ebook sales in Spanish across Latin America made about €27.7 million. Mexico contributed €19.3 million, or 69.7% of the total. Chile came next with €2.38 million, almost 8.6% of the total.13
9. In Brazil, the only Portuguese-speaking country in the Americas, about 13% of internet users downloaded ebooks in 2022.13
10. In the United States, ebook Statistics predicts that the market will reach $5.86 billion and grow at an annual rate of 0.82% by 2027.14
11. By 2027, the American market is expected to have 155.50 million readers.14
12. The European ebooks market is expected to reach $2.63 billion by 2027, growing at an annual rate of 1.26%.14
13. Ebooks Statistics predicts that there will be 96.99 million ebook readers by 2027.14
14. By 2027, ebooks Statistics predicts that the number of readers in the Asian market will reach 0.72 billion, growing at a rate of 13.8% in 2023 and 15.5% by 2027.14
15. Ebook statistics for the African region predict that the number of readers will reach 147.30 million by 2027.14
16. The African ebooks market is expected to grow at an annual rate of 3.76%, reaching $201.30 million by 2027. User penetration was 9.4% in 2023 and 10.7% in 2027.14
17. As of 2022, people in India, Thailand, and China spend the most time reading each week, with averages of 10 hours and 42 minutes, 9 hours and 24 minutes, and 8 hours, respectively.14
18. The countries where people spend the least time reading books are Taiwan (5 hours), Japan (4 hours and 6 minutes), and Korea (3 hours and 6 minutes).14
Asia Pacific dominates the ebook market, while Africa follows. Digital reading is growing in China and Egypt, even if paper books are still popular in the US. Spain, Mexico, and the US remain important players in the Spanish-language ebook business, which is growing.
Ebook Statistics by Demographics
Who are ebook readers, and what are their reading habits? They are highly engaged readers who enjoy both digital and print formats. These tech-savvy individuals are now easier to reach through various online and offline channels.
Ebook users enjoy the versatility of digital and physical versions. Tablet and e-reader owners read more, highlighting the attractiveness of digital long-form books. Using e-reading technology, these men and women under 50 have read more in the past year. This generation enjoys paper and digital literature. They buy ebooks from online retailers, proving digital markets' value. Reading is motivated by enjoyment, knowledge, research, work, or education.
8. In 2018, 58% of French people aged 15 to 25 said they used their smartphone to read an ebook.8
9. On average, 56% of women are avid book readers compared to 42% of men.14
10. In 2022, 79% of high-income Americans bought ebooks from Amazon.14
11. Millennials and Gen Z are the biggest contributors to the ebook market.14
12. Gen Z looks for ebook recommendations on social media, while Silent Generation and Baby Boomers rely on bestseller lists.14
13. 61% of readers from all generations prefer fiction to nonfiction.14
Tech-savvy, involved ebook users love the convenience of digital and print formats. More frequent reading, especially among tablet and e-reader users, highlights the attractiveness of easily available long-form content. Online bookstores are their main destination, demonstrating digital channels' importance in reading.
Ebook Sales and Genre Statistics
This section gives a good summary of the latest developments in the digital book market. Find out what types of books people are interested in and how ebook sales are changing in the current writing scene.
US digital book sales are leaning toward audiobooks as ebook sales fall. Paperback sales have climbed despite a trade dip, showing a demand for cheaper books. Due to shifting consumer preferences and economic realities, hardback and mass market sales have plummeted along with religious press profits, making publication difficult.
8. Hardback sales dropped by 6.6% to $452.5 million. Paperback sales fell by 9.7% to $126.3 million. Ebook sales decreased by 12.4% to $55.2 million. However, digital audiobook sales increased by 5.6% to $42.0 million in 2022.1
9. Revenue from higher education course materials was $2.9 billion, a decrease of 7.5% compared to 2021.1
10. Professional Books revenue for 2022 was $457.4 million, a 5.5% decrease from 2021.1
11. In 2020, 191 million ebooks were sold, marking a 12.35% increase from 2019, though this figure is down 21.07% from the peak in 2013.4
12. In the first half of 2021, ebook sales were down 8% compared to the same period in 2020, but they were still 8% higher than before the pandemic in 2019.4,14
13. Over the past decade, the annual sales of ebooks nearly tripled, rising from 69 million in 2010 to 191 million in 2020.4
14. In 2021, adult fiction made up 41% of all ebook sales.4
15. Based on 191 million ebooks being sold annually in 2020, it’s estimated that 15.92 million were sold monthly, 3.67 million per week, 524.72 thousand per day, 21.86 thousand per hour, and 364.38 per minute.4,14
16. Ebook sales revenue dropped 8.5% in 2022, reaching $1.95 billion.4
Book formats including hardbacks, paperbacks, and ebooks have fallen owing to changing customer tastes and maybe economic constraints. Despite this reduction, digital audiobook sales are growing, showing a desire for more flexible and accessible book consumption. Even though higher education product income is declining, educational resource need remains. Market saturation or competition from other media has lowered numbers. However, the decade-long ebook sales boom indicates a larger digital consumption trend.
17. For the first time in the past seven years, annual revenue from ebooks has fallen below $2 billion.4
18. Since 2018, ebook revenue has decreased by 7.67%.4
19. As of 2022, revenue from ebooks makes up 6.94% of the total publishing industry's revenue in the United States, down from 7.27% in 2021 and 8.59% in 2020.4
20. For the first time in seven years, ebooks account for less than 7% of publishing revenue, with their share dropping by 16.51% over this period.4
21. Ebook sales in the United States grew by 11.7%, bringing in $2.12 billion in revenue in 2020.8
22. Ebook sales increased by 22% in 2020.9
23. In January 2023, ebook sales in the US went up by 3.7% compared to January 2022, bringing in $85 million in revenue.9
24. In 2020, about 191 million ebooks were sold in the United States, showing a steady increase each year since 2018.10
The US ebook market has fluctuated in recent years. After a significant surge in sales in 2020, largely due to the pandemic, ebook revenue has declined and now accounts for less of the publishing sector's revenue. This reduction may indicate market saturation or consumer tastes reverting to print or digital media. Despite occasional spikes, ebook income and market share are declining.
25. Revenue from Spanish-language ebook sales is also increasing, reaching €10.91 million (around $11.3 million) in 2021.10
26. Women tend to read fiction more often than men.14
27. The Romance/Erotica genre is Amazon's most profitable ebook category, with average sales of $1.44 billion.14
28. Additionally, Crime/Mystery ($728.2 million), Religious/Inspirational ($720 million), Science Fiction/Fantasy ($590.2 million), and Horror ($79.6 million) follow in that order.14
The American digital book sector is changing, with ebook sales falling and digital audiobooks rising. Trade revenues have declined, while paperback sales have risen, indicating a need for affordable handbooks. These trends highlight evolving consumer tastes and the publishing industry's fluidity.
Do I need special software or hardware to read ebooks?
Can I download ebooks onto my handheld device?
How do I find free ebooks?
There are several ways to discover free ebooks:
How can I effectively market my self-published ebooks?
Marketing is crucial for ebook success. Here are some strategies:
What are some popular ebook genres?
Ebooks cover a wide range of genres. Some popular ones include:
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