The US e-book market has seen massive growth over the past 18-months to the point that not only is the growth rate impressive, but so are the absolute numbers. Total industry revenue from digital-book downloads rose 150% in 2009, according to the Association of American Publishers, while e-reader sales were expected to reach 3 million by Dec. 31, according to Forrester Research.
Now that the revenues are becoming meaningful, many stakeholders, formerly on the e-book sidelines, are starting to enter the fray. Even outsiders have taken notice and a whole new investment cycle has been in effect for some time now.
The US e-book market has seen massive growth over the past 18-months to the point that not only is the growth rate impressive, but so are the absolute numbers. Total industry revenue from digital-book downloads rose 150% in 2009, according to the Association of American Publishers, while e-reader sales were expected to reach 3 million by Dec. 31, according to Forrester Research.
Now that the revenues are becoming meaningful, many stakeholders, formerly on the e-book sidelines, are starting to enter the fray. Even outsiders have taken notice and a whole new investment cycle has been in effect for some time now.
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