Even though the global e-book industry is worth $8.5 billion, this still pales in comparison with print's $53.9 billion. The pace of the digital reading revolution has slackened considerably with growth plumetting to just 5 percent in 2013. Meanwhile revenue stagnated between 2012 and 2013 at just over $3 billion.
Could it be that people prefer their dusty paperbacks to the influx of electronic devices? 46 percent of American internet users only read printed books while just 6 percent read e-books exclusively. It looks like the death knell for brick and mortar book stores is still a long way off.