DUBLIN--(BUSINESS WIRE)-- Research and Markets (http://www.researchandmarkets.com/research/q3t8f7/book_retailing_on) has announced the addition of the "Book Retailing on the Internet Market Update 2014" report to their offering.
The market for book retailing on the Internet will grow by 117.1%, in value terms
This Market Update examines the UK market for book retailing on the Internet, with particular focus on the value of the market; the issues and trends impacting the industry; and its position within the UK and overseas retail marketplace between 2009 and 2013. It also explores the future of the market. The authors estimate that the size of the online book retail market has risen in value by 22.4% between 2012 and 2013, due to a number of factors influencing what is a relatively new industry.
The market is best approached by segmenting it into physical books sold online, and digital books, namely e-books, downloaded onto e-readers and other digital devices. These sectors are further assessed in terms of the different consumer and non-consumer subsectors of academic/professional, non-fiction/reference, fiction, children's, school, and English Language Training (ELT) books.
The physical books sector currently accounts for the largest market share, with print titles being more established in the marketplace: the low costs of physical books retailed online in comparison to those retailed in-store has driven people away from physical stores in favour of making purchases via the likes of sites such as Amazon. While this has led to a decline in traditional bookstores, the number of e-commerce competitors is on the rise, as the lucrative notions of home delivery, lower price points and the accessibility of online orders, are encouraging retailers to expand online.
Since the introduction of the Kindle e-reader device into the UK market, e-book sales have increased dramatically year-on-year as a broader share of the UK population prefer to download digital editions onto a small, single device. Continued advancements in e-reader and tablet technology have propelled this growth further, with devices offering child proof Internet locks; in-built light features; anti-glare displays; and waterproof casing, as manufacturers aim to outdo rival companies. Changes in the popularity of book genres have come as a result of the discretion that e-books offer, while new and emerging authors have been able to build credible reputations in the book industry, by sidestepping publishing houses and uploading self-published e-book editions online.
Although the physical books market sector has accounted for the largest proportion of the market in recent years, e-books are expanding their offering rapidly and are expected to dominate the book industry in the coming years.
Key Topics Covered:
1. Market Definition
2. Market Size
3. Strengths, Weaknesses, Opportunities and Threats
4. Current Issues
6. Company Profiles
- Amazon.Co.Uk Ltd.
- Apple Retail Uk Ltd
- Bertram Trading Ltd.
- John Smith & Son Group Ltd
- The Book Depository Ltd.
- The Book People Ltd.
- Waterstones Booksellers Ltd
- WH Smith Plc
For more information visit http://www.researchandmarkets.com/research/q3t8f7/book_retailing_on
Source: Research and Markets