The global online reading platform market size is expected to reach USD 6.76 Billion in 2028 and register a revenue CAGR of 7.6% over the forecast period, according to the latest report by Emergen Research. Factors such as increasing use of portable reading devices such as smartphones and tablets, as well as growing consumer preference for reading books online or as an e-Book rather than in print are expected to drive global online reading platform market revenue growth during the forecast period.
The number of digital readers are increasing day by day as a result of increasing consumer preference for reading books online. Individuals currently prefer e-Books instead of carrying printed paper books around. Rapid adoption of smartphones and tablets is further boosting demand for e-Books, which is expected to drive revenue growth of the global market. Digital readers, also known as e-Readers, have gained steady popularity among a wide range of consumers in recent years. Students are the audience who have gained a major benefit owing to no need to carry around a heavy schoolbag with books. Also, retirees and others wanting to have access to reading material without the need to stock up on a home library can do so on online reading platforms for a more convenient reading experience.
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It further offers a comprehensive coverage of the strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements is expected to add traction to market growth going ahead. The report also covers an in-depth analysis of the key competitors of the market along with their growth strategies and business expansion plans.
The prominent players profiled in the report are:
Amazon.com Inc., Barnes and Noble LLC, Rakuten Kobo Inc., Macmillan Publishers Ltd., Apple Inc., Lulu Press Inc., Smashwords Inc., DIY Media Group Inc., Scribd Inc., and Blurb Inc.
Furthermore, the report covers a comprehensive overview of the key regions and market segmentation into types and applications. The regional analysis of the global Online Reading Platform market considers key geographical regions of the world to study different aspects of the market. The market is segmented into key regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Emergen Research has segmented the global online reading platform market on the basis of application, deployment mode, subscription, language, reading behavior, and region:
Application Outlook (Revenue, USD Million, 2018–2028)
Deployment Mode Outlook (Revenue, USD Million, 2018–2028)
Subscription Outlook (Revenue, USD Million, 2018–2028)
One Time License
Language Outlook (Revenue, USD Million, 2018–2028)
Reading Behavior Outlook (Revenue, USD Million, 2018–2028)
The report covers the analysis of the factors anticipated to drive the Global Online Reading Platform Market growth over the forecast period of 2021-2028. The report is an all-inclusive document covering the market landscape and a futuristic perspective on its growth and progress. The report also provides an analysis of the entry-level driving and restraining factors for the new entrants contributing to the market. The report considers 2020 as the base year and 2018-2019 as the historical years. It puts examines the drivers and restraints of the Online Reading Platform market and analyzes their impact on the industry throughout the forecast period.
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