Book publishing revenue up 3.6% in 2018.


Posted March 23, 2019 by susankenthy48

According to the reports, the book publishing revenue has seen an increase up to more than $115

 
According to the reports, the book publishing revenue has seen an increase up to more than $115 million last year. The biggest revenue gain was from adult books and other books such as fiction, non-fiction and religious fell slightly in the first six months. Hardback and paperback still dominate the book publishing industry.

E-Book publishing is expecting to see a dramatic rise in the next few years as more people are embracing technology every year. The Amazon e-book is dominating in the category as cheaper and accessible reading experiences are preferred by the younger generation. Digital devices for reading saw an increase in sales and production. Many people believed that e-book would be the future for most readers.

However, the physical book is still the most preferred forms for reading. Traditional books have the biggest share in revenue in the market. In a recent survey, most participants revealed that they still prefer paper over digital and many positive reviews were given. In the past few years when e-books emerged in the market and people showed concern over the end of physical books but it doesn’t seem to affect the market. The future is still very unpredictable as many people have different opinions and preference for reading.

A study revealed that most students who participated in research responded that they prefer printed books for longer reading. Screen displays can cause strain to the eyes resulting in loss of concentrations and interest. Among many young people, 70% of them said that books are less likely to be abandoned and despite the popularity of e-books, more than 40% of the Americans seldom read them. However, both e-books and printed books have a high amount of readers and collectors. It was also found that most readers collect books for its love of reading. For more information please visit https://blog.reedsy.com/cost-to-self-publish-a-book/





Reedsy is one of the leading blogs on the internet. It is the best place for the writers to look for book publishing advice and budget. They publish the latest contents with useful tips and information to keep you updated. It is the perfect place for writers to look for advice.



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Last Updated March 23, 2019