Ebooks are growing at the expense of print books (report)

PwC has released today Global Entertainment and Media Outlook 2016-2020.

In the book publishing section we read that ebooks are growing at the expense of print, but will only account for a small proportion of total revenue.

The growth of traditionally-published e-books has slowed, while independently and self-published e-books are seeing faster uptake due to their typically lower unit price.

Professional ebooks will enjoy the biggest growth:

The professional books sector is the most heavily-digitised area of the book publishing market, with e-books and other digital products proving to be much more practical for professional users than the print alternatives.

Ebooks are growing at the expense of print books - chart

Via Good E-reader Blog.

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