November 27, 2020

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

About Gary Price

Gary Price (gprice@mediasourceinc.com) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. Before launching INFOdocket, Price and Shirl Kennedy were the founders and senior editors at ResourceShelf and DocuTicker for 10 years. From 2006-2009 he was Director of Online Information Services at Ask.com, and is currently a contributing editor at Search Engine Land.

Share