If you trace at the amount of growth that the eBook sector has seen, you will be able to find a lot of huge changes and developments. Initially, when people started opting to convert to kindle, they weren’t sure of how much it is going to help them. However, the waves of technology soon started spreading and it wasn’t long that the eBook industry started growing at a phenomenal space.
The Growth In Numbers
- The association of American publishers stated that the revenue for eBooks shot up by 41 percent in 2012.
- The trade publishing revenues have shot up by 23%
- However, the growth has stabilized a little as the biggest years were 2009, 2010 and 2011.
- The sales of audio books also shot up tremendously.
- The romance genre in eBooks saw the highest sales activities
- In the year 2012, trade books managed to generate total revenue of $15 billion. This indicates an increase of 6.9 percent.
Needless to say, the figures are impressive. Despite the fact that the growth has become a little constant these years, more and more authors are choosing to convert to ePub or convert to kindle and various other formats as well.
The Future Of The eBook Publishing Industry
If you look at the growth and the statistics of the eBook industry, you will find that there is a lot of hope and scope for growth. Authors these days are actively considering the idea to convert to ePub because they are hopeful of raking in a lot of additional sales.
With all these details and the numbers to support the phenomenal growth that the eBook industry has seen, the number of people who are going for ebook conversion is increasing by the day. The number of publishing houses that have come up have shot hugely too because everyone wants to have a business that has ample profit possibility.
The sales figures depend a great deal on the quality of the book, the genre that is trending and a lot of other factors too. However, if you talk about the overall popularity that eBooks have managed to get and the ease with which authors want to ask publishers to convert to kindle– there has been a massive improvement.
Even the older generation is much more receptive to embracing this new technology as one can spot men and women of all age group relying on eBooks. The fact that eBook is a cost friendly option and it is much better to kill the geographical barrier and international shipping troubles is another big cause for the tremendous growth in the field of eBooks.
The future of this industry looks to be bright and it is likely that after a somewhat stagnant growth period, the numbers will peak again as in the times to come; it is eBook that are likely to be the popular choice.