The E-reader market size was valued at USD 7.28 Bn in 2023 and is expected to reach USD 11.90 Bn by 2031 and grow at a CAGR of 6.34% over the forecast period 2024-2031.
E-Readers, often known as E-books, are electronic devices for reading e-books and periodicals. An E-Reader is a type of digital book that includes text, graphs, images, and tables. It is widely used to read electronic publications such as e-letters, e-magazines, e-journals, and other electronic publications. E-Readers are intended to simulate the experience of reading on paper.
E-Readers have a range of screen sizes that allow you to read at a magnified size. This reduces eye strain, which is helping to move the global E-Reader market ahead. Students and business professionals who wish to enhance their reading skills are expected to have a high demand for e-books, therefore marketers usually target them to get the most bang for their dollars.
KEY DRIVERS:
In the worldwide education industry, digital progress is being made.
Improvements in display technology that increase readability.
RESTRAINTS:
These gadgets cause eye strain.
Data theft is becoming more common.
OPPORTUNITY:
Rapid technical progress and digitalization acceptance in several industries.
The arrival of new e-readers with some incredible capabilities will also open doors.
CHALLENGES:
The growing popularity of smartphones is putting a strain on the e-reader sector.
The expense might be a huge stumbling block.
Despite the fact that the COVID-19 epidemic had an impact on numerous markets throughout the world, the impact on the market was very minor because most schools, universities, and institutions converted to an online education paradigm, which resulted in a tremendous demand for e-readers. As a result, the E-reader Market Share has been steadily increasing. Some manufacturers ran into problems throughout the manufacturing process, but they were able to overcome them quickly with the help of technology.
MARKET ESTIMATION:
The global market for E-readers is divided into two categories: E-ink and LCD. According to market analysts, the E-ink screen type segment will dominate the market. All e-reader makers are currently concentrating on producing devices that use E-ink since it uses less power and provides greater text visibility. In terms of connectivity, the market is divided into three categories: 3/4G, Wi-Fi, and 3/4G and Wi-Fi. The 3/4G & Wi-Fi category will expand faster, propelling the E-reader industry forward. These gadgets let users to connect to any accessible network and utilize their e-readers.
The market is segmented between specialized retailers and e-commerce when it comes to distribution channels. People are transferring their shopping preferences from local retailers to e-commerce platforms; therefore, the e-commerce segment is expected to boost market development. Based on the application, the market is divided into four categories: children, employees, students, and seniors. For the time being, the market is dominated by the children's section. During the projected period, however, student segments will lead the market as they move away from traditional books and toward e-books that incorporate historic references and fiction.
On The Basis of Screen
E-ink
LCD
On The Basis of Connectivity
WI-FI
3/4G & WI-FI
3/4G
On The Basis of Distribution Channel
Specialty Stores
E-commerce
On The Basis of Application
Kids
Workers
Students
Senior people
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The worldwide E-reader market has been divided into main regions such as Asia Pacific, Europe, North America, the Middle East, Africa, and Latin America based on geography. In order to perform a proper market study, each regional market has also been separated into country-based markets. North America is expected to emerge as a key regional market, owing to increased demand from the United States of America. At the moment, the North American area has a bigger revenue share of the market. On the other hand, it is expected that the Asia-Pacific market would rise steadily over the projected period. Growing e-reader sales in China and rising popularity in nations like India are the main reasons behind this.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Lower prices are projected as a consequence of increased rivalry among market competitors, helping the E-Reader Market to develop throughout the forecast period. The major key players are Hanvon Technology Co. Ltd, Amazon, Ematic, Arta tech, Pocketbook International SA, Wexler flex, Bookeen, Onyx international Inc, Barnes & Noble, Aluratec Inc, Ectaco Inc. Innovative technology & Other Players
| Report Attributes | Details |
| Market Size in 2023 | US$ 7.28 Bn |
| Market Size by 2031 | US$ 11.90 Bn |
| CAGR | CAGR of 6.34% From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • by Screen (E-ink and LCD) • by Connectivity (WI-FI, 3/4G & WI-FI, 3/4G) • by Distribution Channel (Specialty Stores and E-commerce) • by Application (Kids, Workers, Students, Senior people) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
| Company Profiles | Hanvon Technology Co. Ltd, Amazon, Ematic, Arta tech, Pocketbook International SA, Wexler flex, Bookeen, Onyx international Inc, Barnes & Noble, Aluratec Inc, Ectaco Inc. Innovative technology |
| Key Drivers | • In the worldwide education industry, digital progress is being made • Improvements in display technology that increase readability |
| Market Opportunities | • Rapid technical progress and digitalization acceptance in several industries • The arrival of new e-readers with some incredible capabilities will also open doors |
Ans: - The E-reader market is to grow at CAGR of 7.13% during the forecast period 2023-2030.
Ans: - The growing popularity of smartphones is putting a strain on the e-reader sector and the expense might be a huge stumbling block.
Ans: - The segments covered in the E-reader Market report for study are on the basis of the Screen, Connectivity, Distribution Channel, and Application.
Ans: - The major key players are Hanvon Technology Co. Ltd, Amazon, Ematic, Arta tech, Pocketbook International SA, Wexler flex, Bookeen, Onyx international Inc, Barnes & Noble, Aluratec Inc, Ectaco Inc. Innovative technology.
Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia war
4.3 Impact of ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. E-reader Market Segmentation, by Screen
8.1 E-ink
8.2 LCD
9. E-reader Market Segmentation, by Connectivity
9.1 WI-FI
9.2 3/4G & WI-FI
9.3 3/4G
10. E-reader Market Segmentation, by Distribution Channel
10.1 Specialty Stores
10.2 E-commerce
11. E-reader Market Segmentation, by Application
11.1 Kids
11.2 Workers
11.3 Students
11.4 Senior people
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 France
12.3.4 Italy
12.3.5 Spain
12.3.6 The Netherlands
12.3.7 Rest of Europe
12.4 Asia-Pacific
12.4.1 Japan
12.4.2 South Korea
12.4.3 China
12.4.4 India
12.4.5 Australia
12.4.6 Rest of Asia-Pacific
12.5 The Middle East & Africa
12.5.1 Israel
12.5.2 UAE
12.5.3 South Africa
12.5.4 Rest
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Rest of Latin America
13. Company Profiles
13.1 Hanvon Technology Co. Ltd
13.1.1 Financial
13.1.2 Products/ Services Offered
13.1.3 SWOT Analysis
13.1.4 The SNS view
13.2. Amazon
13.3 Ematic
13.4 Arta tech
13.5 Pocketbook International SA
13.6 Wexler flex
13.7 Bookeen
13.8 Onyx international Inc
13.9 Barnes & Noble
13.10 Aluratec Inc
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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