Book Publishers Market Characteristics
The book publishers market consists of revenues generated by entities (organizations, sole traders or partnerships) that carry out design, editing, and marketing activities necessary for producing and distributing books. These establishments may publish books in print, electronic, or audio form. Their products include atlases, religious books, school or university textbooks, encyclopaedias, technical manuals, maps and travel guides, in all cases excepting exclusive internet publishing).
Competitive Landscape of the Book Publishers Market
Major players in the global book publishers market include Pearson PLC, Bertelsmann, Hachette Livre, China South Publishing & Media Group, and Grupo Planeta.
Book Publishers Market Size
The book publishers market size is expected to reach a higher value by 2022, significantly growing at a steady CAGR during the forecast period. The growth in the book publishers market is due to increased global economic activity, growth in world population and growth in number of writers.
However, the market for book publishers is expected to face certain restraints from several factors such as antitrust concerns, rising e-new, and piracy.
Book Publishers Market Segmentation
The global book publishers market is further segmented based on type and geography.
By Type - The book publishers market is segmented into consumer books, educational books, religious books, others - book publishers.
By Geography - The global book publishers is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America book publishers market accounts the largest share in the global book publishers market.
Trends in the Book Publishers Market
Book publishers market is currently experiencing significant transformations with the advent of new technologies. These are providing a multitude of new platforms to disseminate the content in innovative ways, as the major trends witnessed in the global book publishers market.
Potential Opportunities in the Book Publishers Market
With increase in positive economic outlook, improved earning capacity, emerging markets growth, the scope and potential for the global book publishers market is expected to significantly rise in the forecast period.