E-book Market Size and Share

E-book Market (2025 - 2030)
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E-book Market Analysis by Mordor Intelligence

The global e-book market size stands at USD 18.02 billion in 2025 and is projected to reach USD 22.76 billion by 2030, registering a 4.78% CAGR. Subscription-led business models, institutional licensing momentum, and mobile-first reading habits are the three most powerful forces shaping the e-book market. Revenue predictability underpins publisher investment in platform-native experiences such as interactive textbooks and webtoon serialization. Smartphone ubiquity drives microtransaction experimentation and social discovery features that deepen reader engagement. Meanwhile, blockchain-enabled rights management is beginning to streamline author compensation, mitigating long-running disputes over digital royalties. Competitive intensity is moderate: Amazon’s Kindle ecosystem remains the anchor platform, but regional disruptors from Asia Pacific and library-centric vendors are eroding any path toward monopoly dominance.

Key Report Takeaways

  • By revenue model, subscription platforms captured 56.43% of the e-book market share in 2024; institutional licensing revenue is advancing at a 5.23% CAGR through 2030.
  • By genre, fiction led with 44.54% share of the e-book market in 2024, while comics and graphic novels are expanding fastest at a 5.12% CAGR to 2030.
  • By end-user, individual consumers accounted for 62.76% of the e-book market size in 2024; public library demand is rising at a 5.54% CAGR through 2030.
  • By geography, North America commanded 39.87% of the e-book market share in 2024, whereas Asia Pacific is on track for the highest regional growth at a 4.90% CAGR to 2030.

Segment Analysis

By Revenue Model: Subscription Strength and Institutional Upside

Subscription services commanded 56.43% of 2024 revenue and remain the engine behind the e-book market expansion. Their data-rich environments inform algorithmic commissioning of new series, ensuring that titles debut with pre-qualified audiences. Institutional licensing, chiefly libraries and corporate training portals, shows the sharpest momentum, growing at 5.23% CAGR on a base of high per-user spending. That uptrend contributes meaningfully to the e-book market size even though its user count trails consumer subscriptions. Pay-per-download persists for academic monographs and professional references where perpetual access is mandatory, while freemium models gain traction in cost-sensitive territories by monetizing advertising inventory or unlocking chapters after social sharing actions.

Publishers are engineering workflows around “content-as-a-service,” refreshing digital backlists with real-time errata fixes and multimedia add-ons. This lifecycle extension smooths revenue recognition and strengthens catalog durability. For platforms, subscription churn management has become a science: predictive analytics flag disengaging readers so that curated push notifications or loyalty rewards arrive before cancellation risk peaks. Integrated payment rails simplify tier upgrades, nudging heavy readers toward premium plans that bundle audiobooks or graphic content. These measures reinforce a virtuous loop wherein higher engagement elevates the e-book market share of subscription formats year over year.

E-book Market: Market Share by Revenue Model
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By Genre: Fiction Dominance Meets Comics Acceleration

Fiction preserved its leadership at 44.54% of genre revenue in 2024, fueled by cross-platform franchises and rapid inclusion of day-and-date digital releases. High-budget marketing still revolves around novel-to-screen pipelines, with streaming platforms acting as accelerators for digital readership. Despite fiction’s scale, comics and graphic novels clock a quicker 5.12% CAGR, powered by webtoon platforms that convert mobile scrolling into effortless narrative flow. Serialized drop schedules keep fans returning weekly, markedly lifting active-user metrics that underpin platform valuations and, in turn, extend the e-book market size.

Educational publishers amplify nonfiction relevance by embedding assessments, while professional and technical manuals adopt modular chapter sales to serve time-pressed experts. Biography and memoir titles now include interactive timelines and primary-source documents, differentiating them from competing podcasts. Meanwhile, children’s and young-adult categories demonstrate brisk uptakes in gamified storytelling and voice-assisted read-aloud modes, broadening family purchasing baskets. This genre diversification mitigates revenue concentration risks and cushions the e-book industry against cyclical swings in any single content vertical.

By End-User: Consumer Volume Versus Institutional Velocity

Individual readers continue to buy or stream the majority of titles, giving them 62.76% of 2024 spending. Nevertheless, libraries, universities, and businesses are expanding budgets faster, adding 5.54% CAGR to their combined outlays. Each institutional license can cost three to five times more than a consumer edition, directly augmenting the e-book market. Public library consortiums negotiate metered-access terms that balance patron demand against budget ceilings, using data dashboards to optimize hold ratios. Corporate training divisions embed certification quizzes in purchased texts, verifying employee completion and skills transfer.

On the consumer side, segmentation deepens: value-driven readers gravitate toward all-inclusive subscriptions, while collectors pay premiums for deluxe digital editions featuring author annotations. Children’s household usage spikes during school holidays, encouraging publishers to release seasonal activity bundles that integrate reading comprehension exercises. Young-adult audiences prefer community overlays such as live author chats and fan-art contests, which subscription platforms leverage to extend session length. These micro-segment strategies collectively expand the e-book market size by unlocking overlooked pockets of demand.

E-book Market: Market Share by End-User
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Geography Analysis

North America retained its 39.87% share in 2024 owing to entrenched e-reader habits, high broadband penetration, and a dense ecosystem of library and academic buyers. Leading platforms invest in AI-generated reading companions that summarize chapters and translate passages on the fly, raising engagement among time-pressed professionals. Regulatory inquiries into platform exclusivity have not yet produced structural remedies, but they do temper acquisition strategies, pushing incumbents to focus on customer-centric feature upgrades rather than aggressive content hoarding.

Asia Pacific charts the fastest regional expansion at a 4.90% CAGR through 2030, propelled by smartphone ubiquity and flexible mobile payment systems. Japanese digital manga revenue has doubled since 2020, while Korean webtoons add recurring IP value thanks to drama and gaming adaptations that rebound consumers back into source titles. GSMA notes that Singapore, South Korea, and Australia achieve near-total 5G coverage, creating fertile ground for bandwidth-heavy interactive books. South-East Asian start-ups experiment with sachet-pricing, selling single chapters for cents, thereby broadening affordability and bolstering the e-book market.

Europe grows steadily on the back of institutional digitization mandates and cross-border content regulation. GDPR compliance engenders consumer trust, elevating subscription conversion rates though it imposes costly data-handling safeguards. Multilingual requirements spur publishers to invest in AI-translation pipelines that reduce localization timelines. Blockchain pilots in Germany and the Netherlands test transparent royalty disbursement, aiming to shorten payment cycles from months to days. In parallel, the UK navigates post-Brexit licensing complexities, leveraging its robust independent press scene to experiment with direct-to-reader bundles that integrate print-on-demand add-ons.

E-book Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market concentration is moderate: Amazon wields unmatched scale across device, storefront, and cloud infrastructure, yet regional challengers dilute its influence. WEBTOON leverages creator-first revenue splits and purpose-built mobile user interfaces to dominate serialized comics, expanding English-language reach after its high-profile Disney partnership. Rakuten Kobo focuses on open-ecosystem strategies, collaborating with NetGalley to streamline advance digital copies for reviewer communities.[3]Rakuten Kobo, “Instapaper Integration Announcement,” kobo.com Apple and Google monetize reading time by embedding content inside larger app and media bundles, enriching their broader platform stickiness.

Publishers counterbalance platform leverage through consortium negotiations and direct-sales microsites that preserve first-party consumer data. AI-generated audiobooks and chapter summaries reduce production timelines, enabling backlist monetization at scale. Emerging blockchain utilities promise immutable royalty tracking, although transaction fees remain a hurdle for mass adoption. Regional subscription start-ups deploy hyper-local discovery engines, curating vernacular language catalogs that global giants historically overlook, thereby capturing incremental e-book market share. Overall, competitive dynamics favor hybrid approaches combining traditional ownership perks with subscription convenience, making platform differentiation contingent on personalization algorithms and cross-media interoperability.

E-book Industry Leaders

  1. Amazon.com, Inc.

  2. Rakuten Kobo Inc.

  3. Apple Inc.

  4. Barnes and Noble, LLC

  5. Smashwords, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
E-Book Market Concentration
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Recent Industry Developments

  • August 2025: WEBTOON and Disney agreed to adapt 100 Marvel and Star Wars titles into vertical-scroll webcomics, underscoring mainstream validation of the format.
  • July 2025: Johns Hopkins University Press signed the industry’s first AI model-training license for its catalog, formalizing compensation for large-language model usage.
  • April 2025: NetGalley enabled direct “Send to Kobo” wireless delivery for advance review copies, strengthening publisher-to-reviewer workflows.
  • April 2025: Amazon launched AI-generated “Recaps” within Kindle, supplying condensed story arcs for complex series to re-engage lapsed readers.

Table of Contents for E-book Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing penetration of mobile devices
    • 4.2.2 Expanding global internet connectivity
    • 4.2.3 Growth of digital education and e-learning
    • 4.2.4 Rising adoption of subscription-based reading platforms
    • 4.2.5 Blockchain-enabled rights management and micropayments
    • 4.2.6 Publisher D2C storefront integration with CRM data
  • 4.3 Market Restraints
    • 4.3.1 Privacy and copyright issues among e-sellers and authors
    • 4.3.2 Persistent preference for print books in emerging markets
    • 4.3.3 Interoperability limitations across e-reader ecosystems
    • 4.3.4 Digital fatigue driving screen-time reduction initiatives
  • 4.4 Regulatory Landscape
  • 4.5 Technological Outlook
  • 4.6 Porter’s Five Forces Analysis
    • 4.6.1 Threat of New Entrants
    • 4.6.2 Bargaining Power of Buyers
    • 4.6.3 Bargaining Power of Suppliers
    • 4.6.4 Threat of Substitutes
    • 4.6.5 Intensity of Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Revenue Model
    • 5.1.1 Subscription (all-you-can-read)
    • 5.1.2 Pay-per-download
    • 5.1.3 Freemium / Ad-supported
    • 5.1.4 Institutional licensing
  • 5.2 By Genre
    • 5.2.1 Fiction
    • 5.2.2 Non-fiction
    • 5.2.3 Education and Academic
    • 5.2.4 Comics and Graphic Novels
    • 5.2.5 Professional and Technical
  • 5.3 By End-user
    • 5.3.1 Individual Consumers
    • 5.3.1.1 Adults
    • 5.3.1.2 Children and Young Adults
    • 5.3.2 Institutional
    • 5.3.2.1 K-12 Schools
    • 5.3.2.2 Higher Education
    • 5.3.2.3 Corporate / Professional Training
    • 5.3.2.4 Public Libraries
  • 5.4 By Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.2 South America
    • 5.4.2.1 Brazil
    • 5.4.2.2 Argentina
    • 5.4.2.3 Chile
    • 5.4.2.4 Rest of South America
    • 5.4.3 Europe
    • 5.4.3.1 United Kingdom
    • 5.4.3.2 Germany
    • 5.4.3.3 France
    • 5.4.3.4 Spain
    • 5.4.3.5 Italy
    • 5.4.3.6 Russia
    • 5.4.3.7 Rest of Europe
    • 5.4.4 Asia Pacific
    • 5.4.4.1 China
    • 5.4.4.2 Japan
    • 5.4.4.3 India
    • 5.4.4.4 South Korea
    • 5.4.4.5 Indonesia
    • 5.4.4.6 Rest of Asia Pacific
    • 5.4.5 Middle East and Africa
    • 5.4.5.1 Middle East
    • 5.4.5.1.1 Saudi Arabia
    • 5.4.5.1.2 United Arab Emirates
    • 5.4.5.1.3 Turkey
    • 5.4.5.1.4 Rest of Middle East
    • 5.4.5.2 Africa
    • 5.4.5.2.1 South Africa
    • 5.4.5.2.2 Nigeria
    • 5.4.5.2.3 Egypt
    • 5.4.5.2.4 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)}
    • 6.4.1 Amazon.com, Inc.
    • 6.4.2 Rakuten Kobo Inc.
    • 6.4.3 Apple Inc.
    • 6.4.4 Barnes and Noble, LLC
    • 6.4.5 Smashwords, Inc.
    • 6.4.6 Blurb, Inc.
    • 6.4.7 DIY Media Group, Inc.
    • 6.4.8 Lulu Press, Inc.
    • 6.4.9 Macmillan Publishers Ltd
    • 6.4.10 Scribd, Inc.
    • 6.4.11 Google LLC
    • 6.4.12 Hachette Livre SA
    • 6.4.13 HarperCollins Publishers LLC
    • 6.4.14 Penguin Random House LLC
    • 6.4.15 Draft2Digital, LLC
    • 6.4.16 OverDrive, Inc.
    • 6.4.17 Storytel AB
    • 6.4.18 Wattpad Corp.
    • 6.4.19 Inkitt GmbH
    • 6.4.20 John Wiley and Sons, Inc.
    • 6.4.21 Pearson plc
    • 6.4.22 Cengage Learning, Inc.

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Global E-book Market Report Scope

An ebook is a book written in a digital format or converted to one for use on a computer or a mobile device.

The scope of the study focuses on the market analysis segmented by geography (North America (United States and Canada), Europe (Spain, the United Kingdom, Germany, France, Italy, and Rest of Europe), Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific), Latin America, and the Middle East and Africa).

The market sizes and forecasts are provided in value terms (USD) for all the above segments.

By Revenue Model
Subscription (all-you-can-read)
Pay-per-download
Freemium / Ad-supported
Institutional licensing
By Genre
Fiction
Non-fiction
Education and Academic
Comics and Graphic Novels
Professional and Technical
By End-user
Individual Consumers Adults
Children and Young Adults
Institutional K-12 Schools
Higher Education
Corporate / Professional Training
Public Libraries
By Geography
North America United States
Canada
South America Brazil
Argentina
Chile
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Indonesia
Rest of Asia Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
By Revenue Model Subscription (all-you-can-read)
Pay-per-download
Freemium / Ad-supported
Institutional licensing
By Genre Fiction
Non-fiction
Education and Academic
Comics and Graphic Novels
Professional and Technical
By End-user Individual Consumers Adults
Children and Young Adults
Institutional K-12 Schools
Higher Education
Corporate / Professional Training
Public Libraries
By Geography North America United States
Canada
South America Brazil
Argentina
Chile
Rest of South America
Europe United Kingdom
Germany
France
Spain
Italy
Russia
Rest of Europe
Asia Pacific China
Japan
India
South Korea
Indonesia
Rest of Asia Pacific
Middle East and Africa Middle East Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Nigeria
Egypt
Rest of Africa
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Key Questions Answered in the Report

How large is the e-book market in 2025?

The e-book market size is USD 18.02 billion in 2025.

What is the expected growth rate for e-books through 2030?

The market is forecast to expand at a 4.78% CAGR, reaching USD 22.76 billion by 2030.

Which revenue model is most profitable for publishers today?

Subscription services hold 56.43% market share and generate reliable recurring revenue, making them the most lucrative model.

Where is e-book adoption growing fastest regionally?

Asia Pacific leads with a projected 4.90% CAGR as mobile-first reading habits proliferate.

What genre is expanding more rapidly than traditional fiction?

Comics and graphic novels top the growth charts at 5.12% CAGR thanks to webtoon serialization.

Why are libraries important to future market growth?

Public libraries are increasing digital budgets at a 5.54% CAGR, purchasing multi-user licenses that boost institutional revenue streams.

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