A Few Stats From a New Report: "Professional Publishing in the Digital Age: E-Books in Libraries"

The new report is published by Simba. Here are a Few Statistics Found in the News Release:

“Although consumer trade books get a majority of the attention, professional and scholarly books, which include the legal, scientific/technical, medical and business segments, hold 75.9% of the $1.76 billion U.S. E-book market. The latest market research report from media and publishing forecast firm Simba Information, “Professional Publishing in the Digital Age: E-Books in Libraries,” predicts library collection managers will set aside more of their budget for E-books over the next few years.”

[Clip]

“According to the report, surveyed library collection managers are expecting e-books to become a more significant share of publishers’ and distributors’ offering, with 60% indicating that in five years e-books will represent 11% or more of their library’s acquisition budget.”

[Clip]

“Some of the challenges are arising from disagreements between the publishers and the librarians: 69% of surveyed librarians had a negative opinion of digital rights management, specifically the limited length of access and no allowance for interlibrary loans,” added [Dan] Strempel, [senior analyst at Simba Information and author of the report]. “However, it should be noted that most librarians are acquiring their e-books through third party vendors or aggregators and not directly through publishers.”

Read the Complete News Release

Filed under: Companies (Publishers/Vendors), Libraries, Management and Leadership, News, Publishing