Cleveland, OH, December 8, 2017 — US book publishing revenue is forecast to total $24.2 billion in 2021, according to Books: United States, a report recently released by Freedonia Focus Reports. Increased demand for print books in developing markets will drive gains over the forecast period.
Revenues from internet book publishing are projected to grow the fastest of any discrete media type through 2021. Gains will be driven by the increasing popularity of e-books in the domestic market, the vast majority of which are distributed via the internet. The textbook market segment is expected to see the fastest revenue gains of any segment through 2021, maintaining its position as the largest segment. Expanding funding for K-12 schools and rising college enrollment levels will spur advances.
These and other key insights are featured in Books: United States. This report forecasts US book publishing revenues in nominal US dollars to 2021. Total revenue is segmented by media type in terms of:
- other media such as CDs, audiobooks, and e-books published on physical media.
Total revenue is also segmented by market as follows:
- adult trade
- professional, technical, and scholarly
- general reference.
To illustrate historical trends, total revenue, the various segments, and trade are provided in annual series from 2006 to 2016.
More information about the report is available at https://www.freedoniafocusreports.com/Books-United-States-FF25010/.