Ebooks Vs Printed Books Statistics 2018
This was 10 million less than in the same quarter of 2018.
Ebooks vs printed books statistics 2018. For early 2019 e book sales continued to decline going down nearly 5 in revenue having brought in only 244 million in sales in the first three months of the year. With the potential to read more. Publishers of books in all formats made almost 26 billion in revenue last year in the u s with print making up 22 6 billion and e books taking 2 04 billion according to the association of.
3 print books from large publishers have a significant amount of overhead including office space utilities benefits and salaries for. In 2018 about 26 percent of american book consumers stated they had read an e book in the last year however print books were still arguably the more popular format among u s. Digital readers were supposed to kill print books.
Have you met libby. The e book is the revolution that never came. Print books remain the most popular format for reading with 65 of adults saying they had read a print book in the year before the survey.
During the first nine months of 2018 hardback and paperback sales generated nearly 4 billion combined. This ebook reader is awesome. Recent statistics show that e books brought in 771 million in the us market between january and september 2018.
About five to seven years ago there was a legitimate fear that the printed book was on the cusp of being made obsolete a huge concern for those in the book trade. Paper books vs ebooks statistics say people are becoming more receptive of ebooks. Hard copy book sales for the month of august 2019 made up about 80 of all total book sales.
User penetration is currently 10 5 and it is expected to hit 11 8 by 2022. The cost of printed books is more expensive than e books. Compare that to 800 million in 2017.