U.S. eBook Sales to Surpass Printed Book Sales in 2017
The U.S. eBook market will surpass the printed book market in 2017. That's according to a projection by PwC (PricewaterhouseCoopers), who published its annual "Entertainment & Media Outlook" this week.
PwC estimates that trade eBooks (excluding educational publications) will reach $8.2 billion in sales by 2017 to surpass printed book sales, which are expected to fall from $11.9 billion in 2012 to $7.9 billion in 2017. Overall book sales are expected to stay below their 2008 level, as eBook sales fail to fully offset the decline in printed book sales.
Does this mean we are reading less? Probably not! Even if book sales remained unchanged in terms of units, the shift to eBooks would lead to a decline in dollar sales, as the average selling price for eBooks is lower than it is for printed books.
- Consumer book sales revenue in the U.S. 2008-2018, by platformConsumer book sales revenue in the U.S. 2008-2018, by platform
- Consumer book sales revenue in China 2009-2018, by platformConsumer book sales revenue in China 2009-2018, by platform
- Consumer book sales revenue in Great Britain (UK) 2009-2018, by platformConsumer book sales revenue in Great Britain (UK) 2009-2018, by platform
- Sales revenue of book publishers in Sweden from 2005-2015Sales revenue of book publishers in Sweden from 2005-2015
- Book market revenue in Germany 2003-2019Book market revenue in Germany 2003-2019
- Book trade revenue in Germany 2007-2014Book trade revenue in Germany 2007-2014
- Leading publishers ranked by revenue in Germany 2014Leading publishers ranked by revenue in Germany 2014
- Online retail revenue from selected product groups in Germany 2013-2014Online retail revenue from selected product groups in Germany 2013-2014
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