eBooks - Bahrain | Statista Market Forecast

eBooks - Bahrain

Bahrain

Highlights

In Bahrain, revenue in the eBooks market is projected to reach US$3.39m in 2024.
Revenue in this sector is anticipated to exhibit an annual growth rate (CAGR 2024-2029) of 1.95%, leading to a projected market volume of US$3.73m by 2029.
The number of eBook readers in Bahrain is expected to amount to 212.8k users by 2029.
User penetration is forecasted to be 14.0% in 2024 and is expected to decrease slightly to 13.6% by 2029.
The average revenue per user (ARPU) in Bahrain's eBooks market is projected to be US$16.21.
In a global context, the majority of revenue will be generated the United States, with an estimated revenue of US$5.34bn in 2024.
In Bahrain, the eBook market is witnessing a growing demand for localized content, reflecting the unique cultural and linguistic preferences of its readers.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The eBooks market in Bahrain is experiencing significant growth and development, driven by changing customer preferences, emerging trends, and local special circumstances.

Customer preferences: Customers in Bahrain are increasingly turning to eBooks as a convenient and accessible way to read and consume content. The digital format allows for easy access on various devices, such as smartphones, tablets, and e-readers, enabling readers to carry their entire library with them wherever they go. Furthermore, eBooks often offer interactive features, such as highlighting, note-taking, and dictionary look-up, enhancing the reading experience.

Trends in the market: One of the key trends in the eBooks market in Bahrain is the rising popularity of self-publishing. Aspiring authors are now able to bypass traditional publishing houses and release their work directly as eBooks. This trend has democratized the publishing industry, allowing more authors to share their stories and reach a global audience. Additionally, the availability of self-publishing platforms and digital distribution channels has made it easier for authors to market and sell their eBooks, further fueling the growth of the market. Another trend in the market is the increasing demand for eBooks in Arabic. As the official language of Bahrain and the wider Arab region, there is a growing appetite for Arabic literature in digital format. This trend is driven by the convenience of accessing Arabic eBooks on digital devices and the ability to easily search and navigate Arabic texts. Publishers and retailers are responding to this demand by expanding their offerings of Arabic eBooks, catering to the specific preferences of the local market.

Local special circumstances: Bahrain's small size and high internet penetration rate contribute to the growth of the eBooks market. With a population of around 1. 7 million people and a high smartphone adoption rate, Bahrain provides a conducive environment for the digital consumption of books. The compact nature of the country also makes it easier for eBooks to reach readers across the entire nation, eliminating logistical challenges associated with physical book distribution.

Underlying macroeconomic factors: The growth of the eBooks market in Bahrain is also influenced by macroeconomic factors. The country has a strong economy with a high GDP per capita, enabling individuals to afford digital devices and eBooks. Additionally, Bahrain has a well-developed telecommunications infrastructure and a high internet penetration rate, providing the necessary connectivity for eBook consumption. These factors, combined with a tech-savvy population, create a favorable environment for the growth of the eBooks market. In conclusion, the eBooks market in Bahrain is experiencing growth and development due to changing customer preferences, emerging trends such as self-publishing and the demand for Arabic eBooks, as well as local special circumstances such as Bahrain's small size and high internet penetration rate. These factors, combined with underlying macroeconomic factors, contribute to the overall positive trajectory of the eBooks market in Bahrain.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the Books market, which covers paid publications in printed form and in the form of digital replicas (eBooks). Revenues from the consumer (of general interest), academic (for educational purposes), and professional (on specialized topics) markets are included here. All monetary figures refer to consumer spending on digital goods or subscriptions in the respective market. This spending factors in discounts, margins, and taxes.

Modeling approach / market size:

The market size is determined through a bottom-up approach. We use annual financial reports of the market-leading companies and industry associations, third-party studies and reports, survey results from our primary research (e.g., Consumer Insights), as well as performance factors (e.g., user penetration, price per product, usage) to analyze the markets. To estimate the market size for each country individually, we use relevant key market indicators and data from country-specific industry associations, such as various macroeconomic indicators, historical developments, current trends, and reported performance indicators of key market players. In particular, we consider average prices and annual purchase frequencies.

Forecasts:

We apply a variety of forecasting techniques, depending on the behavior of the relevant market. For instance, the S-curve function and exponential trend smoothing are well suited for forecasting digital products and services due to the non-linear growth of technology adoption. The main drivers are GDP per capita, consumer spending per capita, and 4G coverage.

Additional notes:

The data is modeled using current exchange rates. The market is updated twice a year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year. In some cases, the data is updated on an ad hoc basis (e.g., when new, relevant data has been released or significant changes within the market have an impact on the projected development). Consumer Insights data is reweighted for representativeness.