Ebook Readers: Device to Go the Way of Dinosaurs?

A report by iSuppli on December 10th, 2012, states “Shipments of ebook readers by year-end will fall to 14.9 million units, down a steep 36 percent from the 23.2 million units in 2011 that now appears to have been the peak of the ebook reader market. Another drastic 27 percent contraction will occur next year when ebook reader shipments decline to 10.9 million units. By 2016, the ebook reader space will amount to just 7.1 million units—equivalent to a loss of more than two-thirds of its peak volume in 2011.”

Which digital device has growing sales? iSuppli says “In contrast, tablets are enjoying unstoppable growth, mostly thanks to the Apple iPad, which made its appearance in 2010. Tablet shipments will hit 120 million units in 2012 only after two short years of the device being on the market, and 340 million systems are expected by 2016—a magnitude of sales exceeded just by mobile handsets.”

You may read the full report here.

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