Fast disruption in the publishing world – the rise in ebooks

Fast disruption in the publishing world – the rise in ebooks
Fast disruption five match

Era of profound and accelerating disruption

We live in an era of profound and accelerating disruption – the pace of change in the book publishing world accelerates, leaving brick-and-mortar book stores are in serious trouble.

Products like Amazon’s Kindle, Barnes & Noble’s own Nook, Apple’s iPad and smartphones can display e-books downloaded online.

Fast disruption in the publishing world - the rise in ebooks

According to the Association of American Publishers (AAP), US Trade publishers’ net revenue rose 6% in 2012, when compared to 2011. Component to that growth was ebook sales tipping the scale at 22.55% of total revenue:

In 2002, those Trade publishers reporting eBooks to AAP noted the format represented 0.05% of their total share of net revenue

By 2006, eBooks were reported as 0.50% of participating Trade publishers’ net revenue; it reached 1.18% by 2008

The following year, the digital transition was underway and percentages reported grew rapidly: from 3.17% (2009) to 16.98% (2011) and now, for 2012, 22.55%

In short, ebook sales are up from 0.05% to 22.55% in 10 years. That’s an average growth of 2.25% per year, though the graph has been anything but linear. Most interesting, is the growth seen from 2008 to 2012, when ebooks rose from a mere 1.18% of revenue, to 22.55%.

Assuming that pace continues, and it won’t be too many years until the publishing world is half digital. The sea change is already underway.

Short URL & Title:
Fast disruption in the publishing world — http://www.torbenrick.eu/t/r/uxn

Share it:
If you enjoyed this article, please take 5 seconds to share it on your social network. Thanks!

Experienced senior executive, both at a strategic and operational level, with strong track record in developing, driving and managing business improvement, development and change management. International experience from management positions in Denmark, Germany and Switzerland

1 Comment

  1. Joachim Meyn 3 years ago

    Unfortunately the disruption is currently limited to the countries not regulating book prices. In countries like Germany progress is much slower. I own a Kobo Glo and buy approx. 99% of my eBooks in the US and UK. Naturally this is limited to books in English. Thus I even buy German books in the English translation.

Please share your thoughts and suggestions

Your email address will not be published. Required fields are marked *

*

css.php