eBooks - Ireland
- Ireland
- The eBooks market in Ireland is projected to see a significant increase in revenue, reaching a staggering €39.43m by 2024.
- This growth is expected to continue steadily, with an annual growth rate (CAGR 2024-2027) of 0.13%, resulting in a projected market volume of €39.58m by 2027.
- Furthermore, the number of readers in the eBooks market is also expected to rise, reaching an impressive 0.9m users by 2027.
- This indicates a growing interest in digital reading among the Irish population.
- In terms of user penetration, it is estimated to be 17.2% in 2024 and is projected to slightly increase to 17.1% by 2027.
- This signifies that a small but increasing percentage of the population in Ireland will be engaged with eBooks market.
- On average, each user is expected to generate a revenue of €45.22, highlighting the potential profitability of the eBooks market in Ireland.
- In a global comparison, it is worth noting that United States will generate the highest revenue in the eBooks market, amounting to an impressive €4,897.00m in 2024.
- This showcases the dominance of the US market in the global eBooks market industry.
- Ireland's eBook market is rapidly growing, driven by the country's high literacy rates and tech-savvy population.
Key regions: United States, France, China, Asia, Europe
Analyst Opinion
In comparison to physical books, eBooks are often sold for quite high prices, and consumers do not actually benefit from the cost reduction that comes from low printing and distribution expenses. This circumstance curbs the eBooks market’s growth potential heavily, although the general adaption among consumers is still consistently growing.
Methodology
Data coverage:
The data encompasses B2C enterprises. Figures are based on the ePublishing market. ePublishing is defined as paid editorial/written content distributed over the internet, including eBooks (fiction, non-fiction, and academic publications), digital editions (replicas) of consumer and trade/business magazines (eMagazines), as well as daily or weekly newspapers (ePapers). 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., the Statista Global Consumer Survey), 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). GCS data is reweighted for representativeness.Visión general
- Revenue
- Analyst Opinion
- Users
- Demographics
- Global Comparison
- Key Players
- Methodology
- Key Market Indicators