Ebooks To Outsell Print Books By 2018

Ebooks, or electronic books in full, happen to be a growing market that has the ability and potential to outsell printed books in the near future. In fact, some established names in the market such as Nigel Newton, the chief executive of the Harry Potter publisher Bloomsbury, claimed that ebooks has surged in recent times to make up part of a ‘golden age of reading’.

Apparently, a report has mentioned that the ebook would actually make history when 2018 arrives, as that would mark the first time that ebooks will overtake the paperback and hardback as the preferred reading format of choice when it comes to novels in Britain this coming 2018. Of course, do bear in mind that the UK consumer ebook market does not take into consideration professional and educational books as part of the report.

Not only that, throughout the same period of time, accounting group PwC has come up with a pretty bold prediction that the sales of printed editions will see a drop of over 33% to £912m, as the UK population’s reading habits end up being tablet-centric by 2018. We are talking about a penetration level of up to 50% of the country’s reading population owning a tablet or similar device by then.

Edwin Kee
Categories: General
Tags: ebook