January 24, 2022

GigaOm: E-book Market Forecast to Hit $5.2B as the Book Industry Burns

From a GigaOm Report by Michael Wolf:

Of all the markets I’ve followed in my decade-plus as a consumer analyst, I’ve never seen a market changing faster than the digital publishing market of today, where the sudden love of e-books has created a “digital backdraft” that has set the entire publishing industry value chain aflame.In a report I just published for GigaOM Pro, (subscription required) I analyze this rapid disruption by outlining six areas in which market players are leveraging large-scale shifts to advance their competitive positioning, all of which will, over time, result in a U.S. e-book marketplace that exceeds $5 billion by 2016 (growing from just under $2 billion in 2011).

Wolf goes on to discusses three areas of disruption:

1. The Collapse of Distribution
2. Book Discovery Goes Social
3. Multi-platform/Multi-screen Access

Read the Full Text of Wolf’s Article

See Also: E-book Sales Doubled in September, Mass Market Tanked (via Publisher’s Week)

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.