eBooks sales increased more than 1,000% since 2008

It looks like eBooks are one of the few things that are still selling well in the country’s current depressing economy. According to BookStats, a company that studies the US publishing industry, eBooks have been doing really well. Sales of eBooks made up 6.4% of all book sales in 2010, with the number expected to grow even more this year. In fact, since 2008, eBook sales have went up by 1039.6%, while revenue in the same period was also increased by 1274.1%! Though with the influx of tablet market and eBook readers in recent years, especially the arrival of the iPad, it’s not a huge surprise to why there has been such a huge jump.

Other interesting facts to note are that online spending has risen 55.2% between 2008 and 2010 – this is probably also due to the fact that online shopping has gotten a lot safer and easier to accomplish in recent years, with the not-so tech-savvy folk even capable of making online transactions. All in all, eBooks are a pretty huge success, and there’s a good chance they will replace regular books in the future, what do you think?

George Wong
Categories: General
Tags: ebook, sales