Don’t Forget About Professional and Scholarly eBooks!

In a post on Scholarly Kitchen titled, Professional and Scholarly Publishing Leads the Market for Ebooks by a Wide Margin,” Michael Clarke shares some interesting stats about how, “the trade book industry’s foray into the ebook market trails the professional and scholarly publishing (PSP) ebook market by a wide margin…”

The post is loaded with stats and forecasts. Here’s one set:

According to [Al] Greco [Professor of Marketing at Fordham University’s Graduate School of Business Administration,] book publishing (print and electronic) in the US is a $35 billion dollar industry. This year, he forecasts that ebooks will account for 5% of that revenue, or $1.76 billion. Of that $1.76 billion, trade books account for 8.6%, or $151 million; K-12 accounts for 8.1% ($143 million); higher education accounts for 6.9% ($122 million); and university presses account for 0.4% ($7.7 million). Professional and scholarly publishing titles represent 75.9% of the US ebook market, or $1.33 billion.

The complete article offers much more. It’s a worthwhile read for anyone interested in book and eBooks.

Access the Complete Blog Post

Source: The Scholarly Kitchen

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