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Q: Projected growth rates of e-textbook/e-book industry ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Projected growth rates of e-textbook/e-book industry
Category: Business and Money > eCommerce
Asked by: nosoup4u-ga
List Price: $20.00
Posted: 15 Apr 2006 09:47 PDT
Expires: 15 May 2006 09:47 PDT
Question ID: 719195
Projected growth rates of e-textbook industry for the next few
years(e-book, if cannot find e-textbook specific stat). SafariX.com is
a national leader in e-textbook sales.
http://www.idpf.org/doc_library/industrystats.htm has some great
records of past years, however no projections.
This report may have the piece of info, but I am not paying $4k for
it: http://www.marketresearch.com/product/display.asp?productid=1258796&SID=82510418-347318563-274246513&curr=USD&kw=online%09shopping&view=toc

Request for Question Clarification by bobbie7-ga on 15 Apr 2006 11:44 PDT
Nosoup4u,

Please let me know in the CLARIFICATION box if the following figures
would be a satisfactory answer to your question.

Thanks, 
Bobbie7

According to the PricewaterhouseCoopers Global Entertainment and Media
Outlook: 2005-2009 - Industry Preview; sales of e-books will total
$2.2 billion in 2009 from $182 million in 2004.

Excerpt:

"In the U.S. we project spending on books will grow at a 3.4 percent
compound annual rate during the 2005-09 period, increasing from $34.2
billion in 2004 to $40.5 billion in 2009."
"In EMEA the expanding economy will propel professional book spending,
which will be enhanced by an expanding electronic book market."
"Sales of e-books will total $2.2 billion in 2009 from $182 million in
2004. By 2009, e-books will constitute 8.2 percent of the total book
publishing market in Asia/Pacific."
"Improved economic conditions in Latin America will boost a small
professional book market."
"A stronger Canadian economy and an expanding college market will
offset declines in school enrollment and boost the educational book
market.?

PricewaterhouseCoopers
http://www.pwc.com/extweb/industry.nsf/docid/8CF0A9E084894A5A85256CE8006E19ED?opendocument&vendor=none

Clarification of Question by nosoup4u-ga on 15 Apr 2006 15:27 PDT
Hello bobbie7,

That answer will do, however can we get it narrowed down to the
e-textbook market share? Perhaps can you find out what % of e-books
sold are e-textbooks?

That would be great and thanks for the quick turnaround!
Answer  
Subject: Re: Projected growth rates of e-textbook/e-book industry
Answered By: bobbie7-ga on 15 Apr 2006 17:38 PDT
Rated:5 out of 5 stars
 
Dear Nosoup4u,

I'm glad that my answer will do. I resumed my search and tried to
locate the percentage of e-books sold that are e-textbooks without any
luck.


I only found some numbers from Net Library?s 2001 presentation: The
Ventures Perspective on eBooks

Academic/Professional eBook and eTextbook Market 
2000 - $15 Million 
2004 - $2.3 Billion

Net Library: The Ventures Perspective on eBooks
http://seminars.seyboldreports.com/2001_boston/files/71/JeffNock.ppt


I will continue to search and if I do find relevant figures I will post them here. 


I am reposting my previous research to make my answer official.

According to the PricewaterhouseCoopers Global Entertainment and Media
Outlook: 2005-2009 - Industry Preview; sales of e-books will total
$2.2 billion in 2009 from $182 million in 2004.

Excerpt:

"In the U.S. we project spending on books will grow at a 3.4 percent
compound annual rate during the 2005-09 period, increasing from $34.2
billion in 2004 to $40.5 billion in 2009."

"In EMEA the expanding economy will propel professional book spending,
which will be enhanced by an expanding electronic book market."

"Sales of e-books will total $2.2 billion in 2009 from $182 million in
2004. By 2009, e-books will constitute 8.2 percent of the total book
publishing market in Asia/Pacific."

"Improved economic conditions in Latin America will boost a small
professional book market."

"A stronger Canadian economy and an expanding college market will
offset declines in school enrollment and boost the educational book
market.?

PricewaterhouseCoopers
http://www.pwc.com/extweb/industry.nsf/docid/8CF0A9E084894A5A85256CE8006E19ED?opendocument&vendor=none


Best regards, 
Bobbie7

Clarification of Answer by bobbie7-ga on 15 Apr 2006 18:07 PDT
Additional information:

?The publishing industry has been talking about electronic textbooks
for a decade already, but sales remain minuscule.?

Fort Wayne: Feb. 15, 2006
http://www.fortwayne.com/mld/journalgazette/business/13876636.htm


?The viability of the e-book option was tested this fall at 10
colleges and universities around the country whose bookstores began
selling electronic versions of approximately 200 textbooks, downloaded
directly into students' computers, at 33 percent below the price of
the hard-cover books?

?MBS Textbook Exchange recently reported that e-books were accounting
for 5.7 percent of the textbook sales at the participating
institutions.?

?Those who run bookstores on the UC campuses are watching the e-book
experiments with great interest. "It's still very early," says Neil
Yamaguchi, academic support director for the UCLA Store. "There's so
much up in the air right now in terms of the distribution and other
logistics. We want to be part of this movement, but it's not clear how
it's going to work and the migration to this format may be very slow."

So far, the traditional print textbook does not appear to be
endangered by technology, says Lynne Withey, director of the UC Press.
"We all experiment with digital books, but so far, they are not what
most people want to buy," she notes.?

UC Teaching, Learning and technology Center:  November 2005 
http://www.ucop.edu/tltc/news/2005/11/books.html
nosoup4u-ga rated this answer:5 out of 5 stars and gave an additional tip of: $2.00
Great, thank you very much. This is a great starting ground.

Comments  
Subject: Re: Projected growth rates of e-textbook/e-book industry
From: bobbie7-ga on 16 Apr 2006 11:34 PDT
 
Thank you very much for the five star rating and nice tip!
--Bobbie7

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