It wasn't all that long ago when the world thought eBooks would have zero chances of succeeding in the market. According to a report from Statistics Portal, revenue eBook sales in 2008 hit 274 million U.S. dollars. By the following year, revenues registered a significant jump, mainly attributed to the rising demand and supply of eBook gadgets and apps.
By the time 2013 figures were forecasted, revenues showed an expected increase that was at least 17 times the 2008 mark, making revenues to around 4.52 billion U.S. dollars. Using current trends as an indicator, it's expected that 2017 revenues will hit 8.67 U.S. dollars, which is even 30 times more than the 2008 revenue figures.
That's quite a dramatic increase, considering it's been less than 10 years since eReaders and eBooks appeared in the public eye. Still, while die-hard fans of print will continue to naysay eBooks, there's no denying the fast rise of eBook users.
More Android Reading Apps
In an article from Yahoo last year says Android users beat Apple users with a 52 percent market share while Apple had 42.7 percent. This year, while Android and Apple hold over 96 percent of the global market share, 82 percent of that share belongs to Android, according to an article on Marketing Land.
The larger market share also meant more reading apps for Android rather than Apple users. Among the most popular, of course, is Nook from Barnes & Noble, a reading app for Android that offers over 2 million books, with thousands of those free. And with its lending technology, users can handily swap beloved books in their collections with friends and family. With more and more people spending time on mobile technologies instead of their desktops, the number of reading apps for Android will only continue to grow.
Why Ebooks Win
For book lovers, the growth in reading apps only makes it more fun to explore different types of the reading experience, with an array of features and freebies. But the real winner is still the eBook. EBooks have become the game-changer. Here are some of the best reasons why:
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Incredibly portable:
From daily commutes to travelling all over the globe, eBooks make it possible for users to bring an entire library with them wherever they go. With eBooks, a new generation of book lovers were born, one that valued access in their choice of reading material.
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Saves space:
Book lovers know this: books take up a lot of space, so much so that it could feel crowded instead of cozy in your room. With eBooks, that's not really a problem. You could have as many eBooks as you want without worrying that you'll eventually run out of space. Owning eBooks is supremely convenient and allows you to convert more of your space into something else.
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Your relocation bff:
Need to move somewhere, another country perhaps? Maybe you'll be gone for two years and you want all your books with you. Just because you know you'll miss them and you're simply not sure which one you're going to pine for so you want to bring them all. That might turn out to be a logistics nightmare for you. And you'd have to pack everything into a box, unbox the whole lot and when it's time to come home, ship it all back. With an eBook, you can bring your entire collection without having to plan all this or think things through or deal with tough questions like: do I leave this? Do I do a book drive and sell this off? Do I keep them in storage and shell out extra shekels for storage fees?
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Wallet-friendly:
EBooks aren't just pocket-friendly—since most reading apps work for mobile—these books are also more affordable than their print versions. A $10 reduction in price might not seem much but for book lovers, that's a lot. If you regularly buy books, this gets you huge, huge savings in the long run. Every penny definitely adds up.
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Waiting is more fun:
Need to wait a few minutes in the checkout line? Waiting for the bus? With short ebooks—quick reads—waiting times have become much more bearable. By losing yourself in an adventure or horror story or even romance, you won't even notice the time passing. You'll hardly even know your turn is up. With eBooks, long lines at Wall Mart never have to be as stressful and soul-sucking ever again.
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