Physical Book Sales In The Print Media Industry Are Being Challenged By E-Books – World News ReportPosted by On

Print Media Market Report 2021: COVID-19 Impact And Recovery To 2030

Print Media Global Market Report 2021: COVID-19 Impact And Recovery To 2030

The Business Research Company’s Print Media Global Market Report 2021: COVID-19 Impact and Recovery to 2030

LONDON, GREATER LONDON, UK, January 17, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

E-books sales are growing rapidly in established markets of the USA and Europe. eBooks generated a higher share of revenues than the physical print in developed markets such as the US and UK. According to PWC, total global book publisher’s revenue will increase, growing at a compound annual growth rate of 1.7% during the forecast period. Although the physical book publisher’s industry continues to shrink (-2.8%) according to print media marketing stats, this decline is offset by growth in e-books which are predicted to grow at a CAGR of 11.7% in the forecast period. Increasing consumer preference for the digital versions is expected to significantly impact the growth of the market during this period and will affect companies’ print media marketing strategy.

The print media market consists not just of sales of books, but also of…

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Print Media Market Report 2021: COVID-19 Impact And Recovery To 2030

Print Media Global Market Report 2021: COVID-19 Impact And Recovery To 2030

The Business Research Company’s Print Media Global Market Report 2021: COVID-19 Impact and Recovery to 2030

LONDON, GREATER LONDON, UK, January 17, 2021 /EINPresswire.com/ — New year, new updates! Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact: https://www.thebusinessresearchcompany.com/global-market-reports

E-books sales are growing rapidly in established markets of the USA and Europe. eBooks generated a higher share of revenues than the physical print in developed markets such as the US and UK. According to PWC, total global book publisher’s revenue will increase, growing at a compound annual growth rate of 1.7% during the forecast period. Although the physical book publisher’s industry continues to shrink (-2.8%) according to print media marketing stats, this decline is offset by growth in e-books which are predicted to grow at a CAGR of 11.7% in the forecast period. Increasing consumer preference for the digital versions is expected to significantly impact the growth of the market during this period and will affect companies’ print media marketing strategy.

The print media market consists not just of sales of books, but also of…



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