The eBooks market in Southern Europe has been experiencing significant growth in recent years. Customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors have all contributed to this development. Customer preferences in Southern Europe have shifted towards digital reading, with eBooks becoming increasingly popular. This can be attributed to the convenience and accessibility of eBooks, as readers can access a wide range of titles from the comfort of their own devices. Additionally, the ability to adjust font size and screen brightness makes eBooks more inclusive and user-friendly for a diverse range of readers. Trends in the market have also played a role in the growth of the eBooks market in Southern Europe. The increasing availability of e-readers, smartphones, and tablets has made it easier for consumers to access and read eBooks. Furthermore, the rise of online platforms and digital marketplaces has made it simpler for publishers and authors to distribute their works digitally, reaching a wider audience. Local special circumstances have contributed to the development of the eBooks market in Southern Europe. For example, many countries in the region have a strong literary tradition and a high literacy rate, making them receptive to digital reading. Additionally, the prevalence of multiple languages in the region has made eBooks an attractive option, as readers can easily switch between different language options. Underlying macroeconomic factors have also played a role in the growth of the eBooks market in Southern Europe. The region has seen an increase in internet penetration and smartphone usage, which has facilitated the adoption of digital reading. Additionally, the economic downturn in recent years has led to a greater emphasis on cost-saving measures, with eBooks often being more affordable than physical books. In conclusion, the eBooks market in Southern Europe has experienced significant growth due to customer preferences, trends in the market, local special circumstances, and underlying macroeconomic factors. The convenience and accessibility of eBooks, along with the increasing availability of digital devices, have contributed to the shift towards digital reading. Furthermore, the region's strong literary tradition, multilingualism, and economic factors have made Southern Europe a fertile ground for the development of the eBooks market.
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.
Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)
