eBooks - Indonesia

Indonesia

Highlights

In Indonesia, revenue in the eBooks market is projected to reach US$42.55m in 2024.
Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 3.74%, leading to a projected market volume of US$51.12m by 2029.
By 2029, the number of readers in Indonesia's eBooks market is expected to amount to 23.5m users.
User penetration in Indonesia will be 6.5% in 2024 and is anticipated to increase to 8.1% by 2029.
The average revenue per user (ARPU) in Indonesia is expected to amount to US$2.33.
In a global context, the majority of revenue will be generated the United States, with an expected figure of US$5.34bn in 2024.
In the year 2023, a share of 46.5% of users in Indonesia is in the 46.5% group.
In the year 2023, a share of 46.5% of users in Indonesia is 46.5%.
In Indonesia, the eBook market is witnessing significant growth driven by increasing internet accessibility and a rising preference for digital reading among younger generations.

Key regions:

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The eBooks market in Indonesia has been experiencing significant growth in recent years, driven by changing customer preferences and the increasing availability of digital reading devices.

Customer preferences: Indonesian consumers are increasingly turning to eBooks as a convenient and cost-effective alternative to traditional print books. The younger generation, in particular, is embracing digital reading, as they are more tech-savvy and comfortable with using electronic devices. Additionally, eBooks offer the advantage of being easily accessible and portable, allowing readers to carry multiple books in a single device.

Trends in the market: One of the key trends in the Indonesian eBooks market is the rise of local authors and publishers. As the demand for eBooks grows, more Indonesian authors are choosing to publish their works digitally, bypassing the traditional publishing industry. This trend has not only democratized the publishing process but also allowed for a greater diversity of content, catering to the specific interests and tastes of Indonesian readers. Another trend in the market is the increasing popularity of subscription-based eBook services. These services offer readers unlimited access to a wide range of eBooks for a fixed monthly fee. This model has gained traction in Indonesia, as it provides readers with a cost-effective way to access a large library of books. Furthermore, it encourages readers to explore different genres and authors, expanding their reading horizons.

Local special circumstances: Indonesia's vast archipelago presents unique challenges and opportunities for the eBooks market. The country has a large population spread across thousands of islands, making physical book distribution challenging and costly. eBooks offer a solution to this problem, as they can be easily distributed and accessed digitally, regardless of geographical location. This has allowed for the democratization of reading, making books more accessible to people in remote areas.

Underlying macroeconomic factors: The growing middle class and increasing internet penetration in Indonesia have played a significant role in the development of the eBooks market. As more people gain access to the internet and digital devices, the potential customer base for eBooks expands. Additionally, the rising disposable incomes of the middle class have made eBooks more affordable and accessible to a larger segment of the population. In conclusion, the eBooks market in Indonesia is experiencing rapid growth due to changing customer preferences, the rise of local authors, and the increasing availability of digital reading devices. The convenience, cost-effectiveness, and accessibility of eBooks have made them a popular choice among Indonesian readers. Furthermore, the unique circumstances of Indonesia's geography and the underlying macroeconomic factors have contributed to the development of the market. As the market continues to evolve, it is expected that the eBooks industry in Indonesia will continue to thrive, offering readers a wide range of digital content.

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.