Global E-Reader Market Size By Screen Type (E-Ink Screen, LCD Screen), By Application (Students, Workers), By Screen Size (Below 6 Inch, 6 to 8 Inch), By Geographic Scope And Forecast

E-Reader Market Size And Forecast

E-Reader Market size is growing at a moderate pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

Imagine having a whole library at your fingertips! E-Readers, with their impressive storage, let you carry tons of books, PDFs, and magazines all in one device. It's way more convenient than lugging around stacks of paper, and that's a big reason why the global E-Reader market is expected to grow. Plus, features like digital highlighters and built-in offline dictionaries just make reading easier and more enjoyable, further fueling the industry's growth. Want the full scoop? The Global E-Reader Market report gives you the inside track, offering a deep dive into the key segments, trends, what's driving (and holding back) the market, who the big players are, and all the factors that are shaping the future.

Global E-Reader Market Definition

E-Readers, often known as E-books, are electronic devices that are used to read and periodicals. An E-Reader is a digital book that contains content in text, graph, image, and tabular format. It is extensively used to read e-letters, e-magazines, e-journals, and other electronic publications. E-Readers are designed to mimic the experience of reading on printed paper.

E-Readers come in a variety of screen sizes, allowing you to read at a magnified size of the text. This lessens the strain on the eyes, which is propelling the worldwide E-Reader industry forward. Students and business professionals who want to improve their reading experience are predicted to produce significant demand for e-books, therefore marketers frequently target this group to get the most bang for their buck.

Global E-Reader Market Overview

E-Readers are getting a real boost from better batteries that last longer, meaning you can read more between charges! But it's not just the battery; the screens are getting way better too, making them easier to read. That's a big reason why more people are starting to see E-Readers as cool alternatives to regular books. Plus, with Internet access, you can instantly look up words you don't know or even translate languages. And if you're offline? No problem – some have built-in dictionaries to make things even simpler. Will E-Readers completely take over from paper books? Probably not anytime soon. But, the E-Reader market is definitely expected to grow, thanks to how easy they are to carry around and because more people are realizing how important it is to save paper.

Spending too much time glued to screens can really tire your eyes out, and that might make folks reach for a good old-fashioned book instead of the digital kind. Plus, you know, an E-Reader is basically a bunch of tech parts all working together, and the thought of it just breaking down and becoming useless? That scares some people off from buying one. And with cheap tablets and those giant phones ("phablets") around, which can do way more than just show e-books, it's probably going to be tough for basic E-Readers to grow in popularity. However, not everyone wants to drop a ton of cash on a tablet, so there's a good chance the E-Reader market will hang in there for a while.

The rising demand for linked devices and digital education around the world is causing a shift in paradigms in the global education sector. In 2016, the worldwide e-learning industry was valued at US $ 166.5 Billion, and it is expected to reach US $ 255 Billion by the end of 2017. Digital improvements in the education sector, particularly in the area of e-learning, are predicted to change students’ and other end users’ personal learning experiences, as well as present attractive economic opportunities for e-book reader makers.

Global E-Reader MarketSegmentation Analysis

The Global E-Reader Market is segmented on the basis of Screen Type, Application, Screen Size, and Geography.

E-Reader Market, By Screen Type

• E-Ink Screen
• LCD Screen

Based on Screen Type, the market is bifurcated into E-Ink Screen and LCD Screen.

E-Reader Market, By Application

• Students
• Workers
• Others

Based on Application, the market is bifurcated into Students, Workers, and Others.

E-Reader Market, By Screen Size

• Below 6 Inch
• 6 to 8 Inch
• 8 to 10 Inch
• Above 10 Inch

Based on Screen Size, the market is bifurcated into Below 6 Inch, 6 to 8 Inch, 8 to 10 Inch, and Above 10 Inch.

E-Reader Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

When we look at the world, splitting it up by Geography, the E-Reader Market can be seen in North America, Europe, Asia Pacific, and well, the rest of the world. Right now, North America is bringing in the most money in the global E-Reader Market. But, get this, by 2020, it looks like Asia Pacific is going to take the top spot! Back in 2017, North America had almost a 32% slice of the pie, but by 2020, they're expected to drop to just under 26% – that's a 60 basis point dip!

The Asia Pacific E-Reader Market, which is expected to account for a market value share of about 27 percent by the end of 2017, will see a 310 basis point gain in market share by the end of the forecast period in 2020, putting it at around 30 percent. Throughout the projected period, North America is expected to have negative Y-o-Y growth rates. Throughout the assessment period, the Asia Pacific E-Reader Market is predicted to rise steadily in terms of revenue.

Key Players

The “Global E-Reader Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Amazon.com Inc. (US), Barnes & Noble Inc. (US), Rakuten Kobo Inc. (Canada), Hanvon Technology Co. Ltd. (China), Onyx International Inc. (China), Bookeen (France), Aluratek Inc. (US), PocketBook International SA (Switzerland), Arta Tech (Poland), and Wexler Flex (US).

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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We'll break down the market using both financial figures and less tangible things like consumer behavior. You'll get the market value (in USD Billion) for every slice and dice of the market. Plus, we'll pinpoint the region and segment poised for explosive growth and market leadership. We'll dig into each geographic area, looking at how much of the product/service is being used and what's influencing the market there. Our competitive landscape section ranks the big players and highlights their new offerings, collaborations, expansions, and acquisitions over the last five years. You'll get detailed company profiles including overviews, insights, product comparisons, and SWOT analysis for key companies. We'll cover the current and future market, focusing on recent trends, growth opportunities, and the challenges in both up-and-coming and established areas. We'll also give you an in-depth look at the market from different angles using Porter's five forces. You'll gain valuable insight into the market through a Value Chain analysis, explore the market's dynamics and identify potential growth areas in the future. And to top it off, we're offering 6 months of post-sales support from our analysts.

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