Report ID: UCMIG25S2014
Report ID:
UCMIG25S2014 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The size of the global market for online book services was estimated at USD 17.7 billion in 2019; from 2020 to 2027, it is anticipated to expand at a CAGR of 5.8%. Digital readers are proliferating as consumers' preference for reading books online or as e-books grows along with the popularity of smartphones and tablets. Over the course of the forecast period, this is anticipated to fuel market growth worldwide. Digital readers, often known as e-readers, have become more and more well-liked among different types of customers in recent years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialized Consumer Services by segment aggregation, the contribution of the Specialized Consumer Services in Consumer Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG25S2014