GigaOm: E-book Market Forecast to Hit $5.2B as the Book Industry Burns
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)
Filed under: Publishing
About Gary Price
Gary Price (firstname.lastname@example.org) is a librarian, writer, consultant, and frequent conference speaker based in the Washington D.C. metro area. He earned his MLIS degree from Wayne State University in Detroit. Price has won several awards including the SLA Innovations in Technology Award and Alumnus of the Year from the Wayne St. University Library and Information Science Program. From 2006-2009 he was Director of Online Information Services at Ask.com.