Posted by Binjoon Thursday, November 17, 2011
This is a confirmation that e-readers are slowly and loudly killing the book printing industry. With Amazon and Barnes & Noble’s Kindle Fire and Nook Tablet hitting the shelves in a few days, it’s clear from this infographic that E-readers and tablets have seen a massive adoption rate in the past year.
A Pew Internet Project report says e-reader adoption doubled in the US from November last year to this May. With more devices battling for a user base and lower prices, it’s estimated that more and more users will buy E-readers and Tablets.
Publishers aren’t also lacking in their move from print to digital. Barnes & Noble is already battling Amazon with the Nook varieties as the percentage of print industry sales rose from 3.2% in 2009, to 8.3% in 2010. Forrester Research says e-books could hit up to $3 billion by 2015.