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E-Book Market to grow by USD 14.52 Billion (2025-2029), as benefits and reader engagement of e-books boost the market, Report on how AI is driving market transformation – Technavio

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NEW YORK, Jan. 29, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global e-book market size is estimated to grow by USD 14.52 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  10.7%  during the forecast period. Benefits and reader engagement of e-books is driving market growth, with a trend towards increasing adoption of different formats for publishing e-books. However, growing number of privacy breaches  poses a challenge. Key market players include Amazon.com Inc., Apple Inc., Barnes and Noble Booksellers Inc., Beacon Press, Bertelsmann SE and Co. KGaA, Blurb Inc., Cengage Learning Holdings II Inc., Georg von Holtzbrinck GmbH and Co. KG, Hachette Livre, Harper Collins Publishers, John Wiley and Sons Inc., Kensington publishing Corp., Lulu Press Inc., Manning Publications Co., McGraw Hill LLC, Pearson Plc, Rakuten Kobo Inc., Simon and Schuster Inc., Smashwords Inc., and Springer Verlag GmbH.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

E-Book Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 10.7%

Market growth 2025-2029

USD 14522.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

9.6

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 45%

Key countries

US, Canada, UK, China, Germany, Japan, France, Spain, South Korea, and India

Key companies profiled

Amazon.com Inc., Apple Inc., Barnes and Noble Booksellers Inc., Beacon Press, Bertelsmann SE and Co. KGaA, Blurb Inc., Cengage Learning Holdings II Inc., Georg von Holtzbrinck GmbH and Co. KG, Hachette Livre, Harper Collins Publishers, John Wiley and Sons Inc., Kensington publishing Corp., Lulu Press Inc., Manning Publications Co., McGraw Hill LLC, Pearson Plc, Rakuten Kobo Inc., Simon and Schuster Inc., Smashwords Inc., and Springer Verlag GmbH

Market Driver

The E-book Market is experiencing significant growth due to technical development and the widespread adoption of reading devices. E-books offer numerous advantages over actual books, including convenience, multilingual support, and instant access to a vast library of titles. The global e-book market has seen in demand, driven by the increasing use of smartphones and tablets as reading devices. Major publishers like Hachette, Penguin Random House, Wiley, and HarperCollins are embracing this trend, offering their content in digital format. E-books are a low-cost alternative to hard copies, making them popular among budget-conscious consumers. However, concerns over copyright violations and IP infringement cases persist, with content providers seeking to protect their intellectual property. Environmental protection campaigns have also influenced the e-book market, with the potential to save trees and reduce paper use. The influence of technology on education is significant, with learning experiences and real-time access to educational content becoming the norm. E-lending and worldwide adoption of e-books continue to grow, with online services offering convenient delivery and eliminating shipping delays associated with traditional bookstores. The latest hardware and software systems are enhancing the e-reading experience, making it more engaging for readers. Despite these advantages, some readers still prefer hard copies, and bookstores continue to play a role in the market. However, the convenience and cost savings of e-books are making them an increasingly popular choice for millennials and Generation Z. The digitization of books is a trend that is here to stay, with Marvel, DC, and other publishers embracing the digital format. 

The e-book market is experiencing notable growth due to the increasing popularity of various e-book formats. Notable formats include Mobi, EPUB, and KF8, which are favored for their compatibility with various e-reader devices and user-friendly interfaces. Newer formats like EPUB2 and EPUB3, adopted by digital educational publishers, offer advanced features. EPUB, an e-book standard by the International Digital Publishing Forum (IDPF), is based on eXtensible markup language (XHTML), cascading style sheets (CSS), and extensible markup language (XML). These formats have become essential for publishers to cater to the evolving reader preferences. 

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Market Challenges

Title: Navigating the E-book Market: Overcoming Challenges and Seizing Opportunities The E-book Market has seen significant growth, driven by technical development and the adoption of reading devices. However, it faces challenges such as global demand for multilingual features, e-lending, and copyright violations. The actual book industry grapples with low-cost alternatives and the influence of technology. Technical development and the rise of portable devices like smartphones and tablets have made e-books a convenient delivery system. Major publishers like Hachette, Penguin Random House, Wiley, and HarperCollins have embraced this trend, offering digital formats to cater to the millennial and Generation Z demographic. However, challenges persist. High cost, digitization of books, and wastage due to paper use are ongoing concerns. Environmental protection campaigns, saving trees, and reducing shipping delays through online services are essential for the e-book market’s continued growth. E-book libraries, online retailers, and e-lending platforms have become essential players, offering a low-cost alternative to traditional delivery methods. Systems like the Internet Archive, Open Library Project, and copyright violations from content providers pose challenges. Overall, reader engagement remains a priority, with hard copies and bookstores facing competition from e-books. The e-book market trends continue to evolve, influenced by the latest hardware, software, and learning through digital education.The global e-book market faces a significant challenge from copyright infringement and illegal file sharing. With the widespread availability of the Internet, piracy has become a major threat to publishers’ revenue. According to the Authors Guild, U.S. Publishers lose approximately USD300 million annually due to e-book piracy. This issue persists despite ongoing efforts to protect intellectual property. Publishers continue to grapple with the financial consequences of piracy, which undermines their ability to invest in new content and innovations. The fight against piracy remains a critical priority for vendors and publishers in the e-book industry.

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Segment Overview 

This e-book market report extensively covers market segmentation by  

Product 1.1 Consumer e-book1.2 Professional e-book1.3 Educational e-bookPlatform 2.1 Smartphones2.2 Tablet and laptopsGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Consumer e-book-  The consumer e-book market, primarily driven by the demand for fiction titles, is experiencing significant growth. Fiction books, including adult and young adult genres, are the main contributors to this market’s revenues. Europe is a key region for fiction e-book sales, particularly in countries like Germany, Italy, the Netherlands, and Belgium. Commercial fiction, which includes genres like science fiction, thriller, romance, teen fiction, and young adult literature, dominates the market. The increasing popularity of teen fiction is due to its escapist appeal and nostalgic value for older readers. E-commerce vendors, such as BookyWooky in India, are crucial players in this market, offering interactive children’s books and catering to the growing demand for digital content. The market’s growth is expected to continue as consumers seek convenient, affordable, and engaging reading experiences.

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Research Analysis

Title: Unleashing the Power of E-Books: A Revolution in Reading E-books have transformed the way we read, offering a multitude of advantages over traditional physical books. The technical development of e-books has been rapid, with advancements in reading devices making them more accessible and user-friendly. One of the key drivers of e-book adoption is the widespread use of smartphones, which have become a low-cost alternative to dedicated e-readers. Multilingual features and e-book libraries have expanded access to literature for readers around the world. Online services have made it easier than ever to purchase and download e-books, providing convenient delivery right to your electronic device. Environmental protection campaigns have also played a role in the popularity of e-books, as they help save trees and reduce the carbon footprint of the publishing industry. However, e-books have not been without controversy. Copyright violations and IP infringement cases have been a concern for content providers, including major book publishers. The Open Library project and the Internet Archive have sought to address this issue by providing free access to digital books while respecting copyright laws. E-books have also influenced the way we learn, offering a more and interactive experience in a digital format. Despite the advantages, some readers still prefer the real-time experience of physical books. E-book sales continue to grow, but bookstores remain an important part of the literary landscape. Overall reader engagement with e-books is high, and the influence of technology on the publishing industry shows no signs of slowing down.

Market Research Overview

Title: Unleashing the Power of Words: A Deep Dive into the Global E-book Market Introduction: Welcome to the fascinating world of E-books! In this E-Book, we’ll explore the dynamic and ever-evolving E-book market, focusing on its technical development, advantages, and current trends. Technical Development: The E-book market has seen significant technical advancements, with the introduction of various reading devices and apps, enabling seamless access to digital content. Reading Devices: From dedicated E-readers to smartphones and tablets, these devices offer readers a multilingual feature, making literature accessible to a global audience. Advantages: E-books offer numerous advantages, such as convenience, portability, and instant access to vast libraries of content. They’re also a low-cost alternative to traditional hard copies. Adoption of Smartphones and Tablets: The widespread adoption of smartphones and tablets has significantly contributed to the growth of the E-book market. These devices offer a real-time reading experience, making literature more accessible than ever before. Global Demand: The global E-book market is witnessing in demand, with millions of users worldwide embracing digital formats. E-book Libraries and Online Services: E-book libraries and online services have made it easier for readers to access a wide range of content, from classic novels to the latest releases. Environmental Protection: E-books contribute to environmental protection by reducing paper use and saving trees. However, they also face challenges related to IP infringement and content piracy. E-lending and Worldwide Adoption: E-lending platforms and the worldwide adoption of E-books have transformed the way we consume literature. Influence of Technology: The influence of technology on the E-book market is immense, with digitization of books, Marvel and DC’s digital format offerings, and the impact of millennials and Generation Z. Digital Education: E-books play a crucial role in digital education, offering learning experiences and the latest hardware and software. Conclusion: The E-book market is an exciting and ever-evolving landscape, shaped by technological advancements, reader preferences, and the influence of various industries. Stay tuned for more insights into this fascinating world! [Note: This content does not mention any specific key players or companies to maintain a neutral perspective.]

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductConsumer E-bookProfessional E-bookEducational E-bookPlatformSmartphonesTablet And LaptopsGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Laifen Expands U.S. Retail Footprint with Costco Launch of Best-Selling SE Hair Dryer

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59 minutes ago

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July 18, 2026

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Starting July 18, Costco Members Can Shop Laifen’s Award-Winning Hair Dryer in Select Warehouse Locations Across the U.S.

NEW YORK, July 18, 2026 /PRNewswire/ — Laifen, ranked the world’s No.1 high-speed hair dryer brand, today announced the launch of its best-selling SE High-Speed Hair Dryer at select Costco warehouse locations, marking the brand’s largest U.S. retail expansion to date and bringing its award-winning haircare technology to Costco members across select U.S. markets.

The launch brings Laifen’s award-winning haircare technology to Costco, making it easier for consumers to experience the brand through one of the nation’s leading membership retailers. Laifen joins Costco’s growing portfolio of premium beauty and personal care brands. The initial rollout includes select Costco warehouse locations across the United States, with a strong presence across the Western U.S., including California, the Pacific Northwest and the Southwest.

Costco’s reputation for quality and its highly selective merchandising approach make this partnership especially meaningful. The Costco launch reflects Laifen’s continued expansion beyond direct-to-consumer channels as the brand accelerates its U.S. omnichannel retail strategy. “Costco represents an important milestone in our U.S. retail strategy,” said Romeo, General Manager of International Business of Laifen. “As more consumers seek salon-quality performance at an accessible price, we’re excited to make Laifen available through one of America’s most trusted retailers.”

Engineered to deliver professional-level performance in a sleek, lightweight design, the Laifen SE is powered by the brand’s proprietary high-speed brushless motor, delivering fast drying, reduced heat damage and smoother styling. An intelligent temperature control system continuously monitors airflow to help minimize frizz while protecting hair from excessive heat.

The Costco launch represents the next phase of Laifen’s U.S. retail expansion as the brand continues to grow beyond its direct-to-consumer and online channels. By expanding into one of the nation’s most trusted retailers, Laifen aims to broaden access to its category-disrupting haircare solutions while advancing its mission to bring more thoughtful design and everyday excellence into more homes.

The Laifen SE High-Speed Hair Dryer in White will be available at select Costco locations, while Costco.com shoppers will have access to additional color options including Purple and Pink, alongside the White model.

For more information on Laifen, please visit LaifenTech.com.

About Laifen: 

Founded in 2019, Laifen is a global personal care technology brand combining high-performance engineering with modern design across hair care, oral care, and grooming categories. Ranked the world’s No. 1 high-speed hair dryer brand by Euromonitor International, Laifen first gained recognition for its self-developed 110,000 RPM high-speed brushless motor, the proprietary technology behind its award-winning hair dryers.

Building on this innovation, Laifen has expanded its portfolio to include electric toothbrushes and shavers, delivering premium technology and elevated everyday experiences to consumers worldwide. Today, Laifen products and accessories are used by over 22 million households across more than 60 countries, supported by more than 600 patents and recognized with over 50 international design and innovation awards. Driven by continuous technological breakthroughs, Laifen is committed to making cutting-edge personal care technology more accessible to consumers around the world.

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SOURCE Laifen

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Technology

Pillsbury Notice of Data Breach

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4 hours ago

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July 18, 2026

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NEW YORK, July 18, 2026 /PRNewswire/ — Pillsbury Winthrop Shaw Pittman LLP (“Pillsbury”) was among many law firms targeted by sophisticated social engineering attempts in an incident last year. While the firm quickly detected and blocked the activity, an unauthorized actor was able to access some of the firm’s documents during a short window of time. Pillsbury notified any impacted clients last year and undertook a detailed process to review the accessed documents for personal information. Pillsbury then began notifying individuals whose personal information was affected. That process is now complete, and today, Pillsbury is publishing substitute notice as a final step.

For more information, please visit the substitute notice on our website at https://www.pillsburylaw.com/en/breach-notice.html. 

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SOURCE Pillsbury Winthrop Shaw Pittman LLP

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From Remote Racing to Embodied AI: Fibocom and Intedigo Bring 5G Bidirectional Data Transmission into Real-World Applications

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5 hours ago

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July 18, 2026

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SHANGHAI, July 18, 2026 /PRNewswire/ — From July 17 to 20, Fibocom and Intedigo will jointly present a cross-regional, beyond-visual-line-of-sight (BVLOS) teleoperation demonstration at Booth H3-C408 during the World Artificial Intelligence Conference (WAIC) 2026. Visitors will be able to enter a remote driving cockpit and control a real race car located at HURA PARK in Jiading, Shanghai, steering, accelerating, and braking in real time while experiencing how 5G connectivity enables remote operation.

More than an immersive driving experience, the demonstration provides a live validation of 5G bidirectional data transmission for embodied AI teleoperation. The vehicle continuously sends live track video, vehicle status, and operating data to the remote cockpit, while control commands are transmitted back to the vehicle, creating a closed-loop teleoperation system. Stable, low-latency, and highly reliable connectivity is essential for high-dynamic maneuvers such as high-speed cornering, precision braking, and continuous lane changes.

Developed by Intedigo, the remote driving system connects a real race car with an immersive remote driving cockpit. It supports 1080p@60Hz video transmission, glass-to-glass (G2G) video latency of less than 80 ms, and control latency of less than 10 ms. The demanding racing environment magnifies differences in video continuity and control responsiveness, making communications performance directly perceptible, measurable, and verifiable.

At the joint demonstration, Fibocom’s FM160 5G module provides cellular connectivity for the system. Powered by the Qualcomm Snapdragon™ X62 5G Modem-RF System, the FM160 supports SA and NSA network architectures as well as 3GPP Release 16. On the downlink, it supports NR Carrier Aggregation (NR CA) with bandwidth of up to 120 MHz, delivering peak speeds of up to 3.5 Gbps in NSA mode and 2.5 Gbps in SA mode. On the uplink, it supports UL MIMO and delivers peak speeds of up to 900 Mbps in SA mode. These capabilities support the continuous transmission of HD video and vehicle status data, along with reliable delivery of control commands.

As embodied AI moves into factories, data centers, logistics operations, and industrial parks, robots are becoming increasingly capable of performing tasks autonomously. Yet complex environments, unexpected events, and edge cases still require Human-in-the-Loop (HITL) remote intervention to help ensure safe and reliable operation.

Daniel Liu, CEO of Intedigo, said:

“5G represents the pinnacle of human communications and the starting point of machine communications. In the past, communications connected people to people; in the future, they will connect people to robots and robots to robots. Remote racing is simply the easiest entry point for people to understand this concept. What we are truly validating is a communications system capable of supporting remote collaboration for embodied AI. HURA makes low-latency remote driving a tangible experience, while RoBOX extends this capability to robots and a broader range of intelligent terminals. Together with Fibocom, we hope to enable more machines to receive remote assistance whenever needed while remaining continuously connected and operating reliably.”

Simon Tao, VP of Wireless Solutions Business Group and General Manager of MBB BU at Fibocom, said:

“As embodied AI enters real-world industrial environments, reliable connectivity will become the foundation for telemetry feedback, remote control and operational management. Fibocom’s 5G solutions, represented by FM160, provide the cellular connectivity required for continuous on-site data transmission and reliable control command delivery. Fibocom will continue collaborating with ecosystem partners such as Intedigo to bring cellular connectivity to more robots, autonomous machines and mobile intelligent terminals, enabling embodied AI systems to stay continuously connected and respond reliably in real-world applications.”

From remote race cars to robots, unmanned equipment, and mobile intelligent terminals, 5G is evolving from connecting people to connecting machines. This joint demonstration makes the capabilities of 5G bidirectional data transmission directly perceptible, experiential, and verifiable, helping pave the way for embodied AI to scale across real-world applications.
 

About Fibocom

Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.

Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.

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SOURCE Fibocom Wireless Inc.

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