28 million eBook readers to ship in 2013?

Posted on Wednesday, March 24 2010 @ 17:58 CET by Thomas De Maesschalck

DigiTimes Research estimates sales of eBook readers will grow from 700,000 units in 2008 to 28 million units in 2013, representing a compound annual growth rate of 386 percent. China is expected to become the second-largest market for eBook readers this year, as the Chinese government is promoting e-reading as one of its major policies.

The special report on e-book readers also indicated that the total market value for e-book reader shipments would surpass US$3 billion in 2013, up from only US$244 million in 2008.

Amazon and Sony dominated the global market for e-book readers in 2009, but the industry is set to see a major shakeup in 2010, as established content providers such as Barnes & Noble become more competitive in the market and niche players in Europe grab a piece of the rapidly expanding market.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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