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Allied Market Research

eReader Market - Global Opportunity Analysis and Industry Forecast, 2021-2027

A10635
Pages: NA
Jun 2021 | 56 Views
 
Author(s) : Roshan Deshmukh
Tables: NA
Charts: NA
 

COVID-19

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The recent penetration of internet usersand rise in mobile user has influenced to shift toward e-reading, thus acting as a major driver toward market growth. The availability of all exclusive contents within a small screen along with easy in accessibility of various books also contributes toward market growth. However, real challenge lies in connecting with each and every group of people and bringing them on the platform has hampered the market growth. In addition, development of language translator to translate books and articles in regional language will help in market penetration during the forecast period. Moreover, the recent lockdown has encouraged publishers to publish books and articles online and further increased the market growth.

Market scope and structure analysis:

Report Metric

Details

Market size available for years

2020–2027

Base year considered

2019

Forecast period

2021–2027

Forecast units

Value ($US)

Segments covered

Type,Application and Region

Regions covered

  • North America (United States, Canada and Mexico)

  • Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

  • Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

  • South America (Brazil, Argentina, Columbia etc.)

  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Companies covered

Amazon, Sony, BarnesandNoble,PocketBook, Kobo(Rakuten), Bookeen, Ectaco,Ematic,DistriRead(ICARUS),Aluratek

Covid-19 Scenario Analysis:

  1. Due to the recent outbreak, governments across the globe have imposed lockdown in their country. This lockdown has resulted in increased internet used thus leading to increase in number of eReaders and contributing toward market growth.

  2. Also change in consumer preference and inclination towards eReading and learning will have positive impact on the market in forecast period.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

The easy availability of books at one place, along with affordable rate will further boost the market rate. In addition, the eReaders platform does not have any physical transaction due to the recent advent in technology.This transaction has also become very safe and attracted readers/consumers interest. The recent increase in publishing of books and articles due to lockdown has also affiliated toward market growth. Moreover, books and content available at cheap price coupled with the content is written from the readers point of view has also helped the market growth. However, the lights emitted by the mobile/laptop cause strain in the eyes, which is a major restraint in its market growth. On the contrary, pictorial depiction, which makes storytelling easy is expected to increase demand of eReaders in the forthcoming years.

New product launches to flourish the market

Many companies are investing in different ways in order to bring the significant changes in the eReader market and to create a wide customer base.For instance,the launch of an ebook ‘Life is What You Make It’ written by Preeti Shenoy is an illustration depicting the struggle of a youngster.Keeping in view the major youth population,it is successful in inspiring billions and overcoming the atrocities of life.Thus,it is a must read for all the age groups.The content was too staggering and caught the eyes of the readers as well as non-readers.

Surge in use in educational institutions

With the advent of internet and technology,there has been a significant demand for e books.As printing involves a lot of efforts to publish a book and harms the environment.Thus,there is wide availability of softcopies of the whole syllabus for students over the internet. It is an increasing trend, which has enabled the eReader market to grow tremendously in coming years.

 

Key Segments covered:

Segments

Sub-segments

Type

E –ink

LCD

Application

Ages 13-17

Ages 18-24

Ages 25-34

Ages 35-44

Ages 45-54

Ages 55+

 

Region

North America

Europe

Asia-Pacific

South America

Middle East and Africa

 

Key Benefits of the Report:

  • This study presents the analytical depiction of the eReader market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global eReader market share.
  • The current market is quantitatively analyzed from 2020 to 2027 to highlight the global eReader market.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed global eReader market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions Answered in the eReader market Research Report:

  • What are the leading market players active in the eReader market?
  • What the current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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