The global e-Papers market size is expected to reach USD 8.15 billion in 2028, according to a new report by Million Insights. Itis expected to expand at a CAGR of 7.1% from 2021 to 2028. Due to the factors, such as the content published in local languages, adoption of mobile devices with advanced features, availability of high-speed data network, improvisation of accessibility & distribution of the ePapers. With the increasing product popularity, publishers may cut down the costs and improve content quality.
In addition, the rising per capita income levels across various regions are further supporting the market growth. The smartphones device segment accounted for the maximum revenue share in 2020. Reading digital copies of newspapers on smartphones is more convenient due to functionalities, such as adjusting zoom size and brightness.
With the increasing adoption of smart devices, the segment is estimated to have significant growth over the years to come. Moreover, compared to other devices, smartphones are easy to carry and user-friendly, thus, enable access to ePapers on mobile apps, which offer functionalities, such as easy distribution, purchase, backup, and storage. North America held the largest revenue share in 2020. The U.S. is positively contributing to the growth of the regional market.
The report “ePaper Market Size, Share & Trends Analysis Report By Device (Smart Phones, Tablets &eReaders), By Region (Europe, North America, Asia Pacific, Middle East & Africa, Central & South America), And Segment Forecasts, 2021 - 2028” is available now to Million Insights.
Million Insights has segmented the global ePapers market on the basis of device, and region:
ePaper Device Outlook (Revenue, USD Million, 2017 - 2028)
ePaper Regional Outlook (Revenue, USD Million, 2017 - 2028)