I recently published on my Smashwords Forum two new reports on ebook sales and ebook sales outlook for 2016. Below is a brief summary.
- For Libraries: According to OverDrive, “based on the activities of 50 top circulating public libraries for Q1 (Jan. 1, 2016 – March 31, 2016), eBook, audiobook, and digital magazine checkouts through OverDrive are on track to grow 30-40 percent for 2016 over the record levels achieved for 2015.”
- Independent report predicts U.S. ebook market growth leaving print far behind. Technavio Research has just released a report, titled “E-book Market in the US 2016-2020″, which predicts “the e-book market in the US to grow at an impressive CAGR of approximately 14% until 2020,” reaching a striking dollar market size of $13 billion. That’s a dramatic contrast to the Big Five-led narrative of stabilizing or even contracting ebook sales.
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