“PwC: the U.S. Consumer Ebook Market Will Be Bigger Than the Print Book Market by 2017”

From a paidContent Article by Laura Hazard Owen:

Lots of different outlets are trying to project the size of the U.S. ebook market and how fast it’s growing. In its annual “Entertainment & Media Outlook,” set to be released Wednesday, PwC (PricewaterhouseCoopers) estimates that trade (consumer, not educational or academic) ebooks will drive $8.2 billion in sales by 2017 — surpassing projected print book sales, which it thinks will shrink by more than half during that period.

Read the paidContent Article where you’ll find a comparison to what Bookstats is reporting.

Access to the Complete PwC Report is Fee-Based

However, some highlights (with charts) are available including:

• Entertainment and Media Industry Trends
• Macro Insights 
• Segment Data Insights
  • Including this Page (w/charts) for the Consumer and Educational Book Publishing Market
  • “North America will have the strongest appetite for e-books in 2017, with e-books across both sectors accounting for 38% of all sales in 2017. In EMEA, e-books will account for 17% of revenues in 2017, followed by 15% in Asia Pacific and 6% in Latin America (admittedly from a low base of just 1% in 2012).”

Additional Highlights in this PwC News Release

Filed under: Data Files, News, Publishing